Middle East
United Arab Emirates
The UAE is one of the few Opec members actively investing to boost crude production capacity, as it targets 5mn b/d by 2030 to secure its position as the group’s No.3.
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.
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
13 Mar, 2026
Featured
Fujairah Port Stays Open Despite Taking Blows
It has been another tough week for the UAE’s key Port of Fujairah and the hundreds of workers keeping it operational. The products trade has taken a hit, but Adnoc’s Adcop terminal is thriving as the country’s Hormuz-bypass route.
Fujairah Oil Storage Facilities And Refineries
NEWS IN BRIEF
XRG-ENI Ink Argentina LNG Development Deal
20 Feb, 2026
Adnoc, Taqa Sign 27-Year Utilities Deal For Ta’ziz
30 Jan, 2026
UAE-India Sign $3bn Ten-Year LNG Deal
23 Jan, 2026
NMDC, CCC Launch UAE-Focused JV
16 Jan, 2026
Adnoc Raises $13bn Financing
19 Dec, 2025
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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