BP has struck a deal with the UAE’s state-owned oil company as the British energy giant deepens ties to the Middle East. BP is to form a joint venture with the Abu Dhabi National Oil Company (Adnoc) focused on production from two massive Egyptian gas fields. Under the deal, BP will transfer interests in three...
The UAE holds a major oil and gas conference just ahead of hosting UN COP28 climate talks in Dubai. The UAE holds a major oil and gas conference just ahead of hosting UN COP28 climate talks in Dubai. The Emirati president-designate of the upcoming United Nations COP28 climate talks called on oil and gas companies...
Russia’s invasion of Ukraine and the ensuing raft of Western sanctions have prompted an explosion of interest in the United Arab Emirates (UAE) among Russians. Bilateral trade is breaking all previous records, and Russians are buying up real estate and opening businesses there. Yet for all the hope that the UAE could become an alternative...