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 Biden administration’s public embrace of the United Arab Emirates oil chief running the global climate talks brings political risks. Can it yield a deal to slash fossil fuel pollution? Climate activists and progressive lawmakers unleashed their scorn when the CEO of one of the world’s most powerful oil companies got the job of helming...
Oil-rich gulf monarchies are leveraging their wealth to deepen ties with China amid anxiety about the future of their longstanding security partnership with the US. Seven months after President Xi Jinping participated in the first China-Gulf summit in Riyadh, economic exchanges between the world’s second largest economy and nations like Saudi Arabia and the United Arab Emirates...