Adnoc plans to supply Upper Zakum crude via a new Fujairah pipeline starting early 2027, enabling buyers to bypass the threatened Strait of Hormuz. This move supports the UAE's strategy to reduce reli
The IEA forecasts UAE oil output will exceed 5 million barrels per day next year following its OPEC exit, driven by ADNOC's $55 billion growth commitment. Capacity could reach 6 million bpd if market
ADNOC CEO Sultan Al Jaber confirmed the UAE's OPEC+ exit serves national interests rather than targeting rivals, signaling a strategic shift in global energy markets amidst regional geopolitical tensi
Goldman Sachs warns the UAE's OPEC exit poses medium-term upside risks to oil supply, estimating production could reach 3.8 million bpd by October 2026. ADNOC aims to expand capacity to 5 million bpd
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