UAE's decision reflects policy-driven evolution, says Energy minister as the country exits OPEC & OPEC+

Apr 28, 2026

The United Arab Emirates announced its decision to exit the Organisation of the Petroleum Exporting Countries (OPEC) and the wider OPEC+ alliance on Tuesday,...

UAE remains fully committed to Declaration of Cooperation 'OPEC+': Ministry of Energy and Infrastructure

Nov 25, 2021

Abu Dhabi [UAE], November 25 (ANI/WAM): The Ministry of Energy and Infrastructure has affirmed that the UAE remains fully committed to the Declaration of...

Impact of UAE exit from OPEC uncertain, India should focus on energy resilience: Sagar Adani

Apr 29, 2026

The impact of the United Arab Emirates (UAE) exiting OPEC on global energy markets remains uncertain as of now, but in these times, India's...

OFID and partners support Tanzania's renewable energy ambitions with USD60 million loan

Jul 01, 2023

A new USD60 million loan by the OPEC Fund for International Development (OFID) and partners is expected to significantly strengthen energy security in northwest...

Fitch Ratings adjust oil and European gas price assumptions for 2024 and 2026

Dec 09, 2023

Fitch Ratings has revised its near-term oil and European gas price assumptions, citing OPEC+'s sustained control over supply and ongoing dynamics in the energy...

World requires more energy in decades to come: OPEC Secretary-General

Jul 10, 2025

Haitham Al Ghais, Secretary-General of the Organisation of the Petroleum Exporting Countries (OPEC), has affirmed that the world will need more energy in the...