The UAE is committed, but not enthusiastic
The UAE could lift oil output but it will likely toe Saudi Arabia's line
Suhail al-Mazrouei, the UAE's oil minister, likes to make a point of his relative youth, at 43. Appointed in 2013, the current oil price slump may be his first as minister, but as a 1996 graduate, his industry experience spans two others. So his somewhat sceptical note on Opec's production cuts, and his casting of the deal as one to "rebalance the market" and draw down surplus stocks-rather than achieving a specific price-was notable. He pointed to the danger of a rebound in shale. But Abu Dhabi, as is traditional, toes the line set by Gulf Opec colleague Saudi Arabia. The UAE accepted a 139,000-barrel-a-day cut as its part of the November deal. State firm Adnoc has already cut supplies to t
Also in this section
18 February 2026
With Texas LNG approaching financial close, Alaska LNG advancing towards a phased buildout and Magnolia LNG positioned for future optionality, Glenfarne CEO Brendan Duval says the coming year will demonstrate how the company’s more focused, owner-operator approach is reshaping LNG infrastructure development in the North America
18 February 2026
The global gas industry is no longer on the backfoot, hesitantly justifying the value of its product, but has greater confidence in gas remaining a core part of the global energy mix for decades
18 February 2026
With marketable supply unlikely to grow significantly and limited scope for pipeline imports, Brazil is expected to continue relying on LNG to cover supply shortfalls, Ieda Gomes, senior adviser of Brazilian thinktank FGV Energia,
tells Petroleum Economist
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
