Middle East
United Arab Emirates
The UAE quit Opec on 1 May 2026 after 59-years, citing the need to more flexibly meet growing global energy needs. The decision came as Adnoc entered the final straight of its ambitious crude oil capacity expansion program, where it targets 5mn b/d by 2027.
State of Play
The UAE’s energy sector is being transformed. Plans to expand crude oil production to 5mn b/d have been brought forward to 2027, gas expansion projects are advancing, while nuclear and solar power plants are providing industrial facilities with clean energy to future proof them amid the energy transition. Nuclear and solar also provide important resilience amid geopolitical disruption.
2024 In Numbers
| Crude Output | 2.96 | mn b/d |
| Sales Gas Output | 58.6* | bcm |
| Refining Capacity | 1.22 | mn b/d |
| Renewables Capacity | 5.82 | GW |
*2023
5 Jun, 2026
Featured
Adnoc Evaluating Refined Products Bypass Pipeline
Adnoc is considering building a refined products pipeline to Fujairah. This would allow high-value products to bypass the Strait of Hormuz and provide a lifeline to Fujairah’s storage and trading industry, which has been badly hit by the conflict.
Adnoc Considering Refined Products Pipeline To Fujairah
NEWS IN BRIEF
Ewec Inks PPA For 2.6gw Power Plant
5 Jun, 2026
Sungrow Wins Abu Dhabi Electricity Storage Contract
29 May, 2026
Abu Dhabi’s Borouge Damaged in Iranian Attack
10 Apr, 2026
Ewec Receives Proposals For Abu Dhabi CCGT
3 Apr, 2026
Adnoc-OMV Prepare To Finalize Giant Petchems Merger
27 Mar, 2026
SELECTED DATA
Fujairah’s Crude Oil Imports Slate Grows More Diverse Following Sudan-Ban (‘000 b/d)
Adnoc’s Planned Annual Capex^ Remains At $30bn Out To The End Of The Decade ($bn)
Mubadala Energy’s Working Interest Production Dominated By Gas (‘000 boe/d)
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