Register for our free newsletter

Latest News

UAE oil production

UAE committed to supplying customers with oil needs

Ali al-Naimi, Oil Minister of the world's top exporter Saudi Arabia, expressed concern on Monday about high oil prices and said the kingdom would take steps to moderate them.

September 24, 2012 10:14
BP oil with Gulf

BP irritated over ‘spilled’ UAE relationship

Three other sources close to the matter said BP had been frozen out from the pre-qualification stage for the onshore fields in part due to "tensions" between the UAE and London.

September 1, 2012 9:43

UAE to spend $5 bln on onshore oil output hike by ’16

Foresees no drop in demand.

October 29, 2010 8:34

UAE aims to increase oil output capacity by 2018

Abu Dhabi's Department of Economic Development estimates UAE’s proven oil reserves at 98.2 billion barrels.

August 5, 2010 11:00