UAE Exits OPEC: Blow to Saudi Arabia's Oil Dominance
The UAE leaves OPEC on May 1, 2026, after 60 years, striking a blow to Saudi Arabia's oil dominance and reshaping global energy markets amid a simmering Gulf rivalry.
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The UAE leaves OPEC on May 1, 2026, after 60 years, striking a blow to Saudi Arabia's oil dominance and reshaping global energy markets amid a simmering Gulf rivalry.
The UAE shocks global markets by leaving OPEC on April 28, 2026, citing lack of Gulf support against Iran. The exit weakens the cartel and marks a political win for Trump, who...
Scientists unveil a 12-point 'menu' to fast-track the fossil fuel phase-out at the Santa Marta conference in Colombia, recommending bans on new infrastructure, subsidies, and...
Shell acquires ARC Resources for $13.6B in its largest deal in a decade, adding 370K boe/d production and 2B barrels of reserves in Canada's Montney shale basin. The deal...
As the EU, Japan, India, and Vietnam rush to build LNG terminals after Russia-Ukraine pipeline cuts, $394 billion in infrastructure risks becoming stranded assets by 2035,...
AI data centers are on track to consume 1,000 TWh by 2026, straining global grids. PJM faces a 6 GW shortfall, residential prices rise 7.4%, and $720B in upgrades are needed....