• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Tuesday, June 9, 2026
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home Business

UAE Quits OPEC and OPEC+ in Strategic Shift

Nathaniel Irobi by Nathaniel Irobi
April 28, 2026
in Business
0
UAE Quits OPEC and OPEC+ in Strategic Shift
0
SHARES
6
VIEWS
FacebookTwitterWhatsappEmailTelegram

The United Arab Emirates has announced it will withdraw from the Organisation of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance, effective 1 May 2026.

 

RelatedPosts

CPPE Backs CBN’s Decision to Hold Monetary Policy Rates

CBN Holds Interest Rate at 26.5% Amid Inflation Battle

N917bn Gain: Stock Market Roars Back

According to reports by Dubai-based media, the decision aligns with the UAE’s long-term strategic and economic vision to reshape its energy profile, including accelerated investment in domestic production.

 

The move follows a comprehensive review of the nation’s production policy, as well as its current and future capacity. “This is based on the UAE’s national interest and its commitment to contributing effectively to meeting the market’s pressing needs,” the report added.

 

The Emirates has stated it will continue to act as a responsible and reliable energy supplier, bringing additional production to market in a gradual and measured manner, in line with demand and market conditions.

 

It also reaffirmed its commitment to investing across the entire energy value chain – including oil and gas, renewables, and low-carbon solutions – and to working alongside international partners to ensure stable global supply.

ALSO READ:  FCT commuters commend FG’s 50% transport fare discount
Tags: OPECUAE
Previous Post

Atiku Warns Judiciary Could ‘Destroy’ Nigeria Before 2027 Polls

Next Post

Tinubu, CJN, Akpabio to Attend Ukala’s Book Launch April 29

Nathaniel Irobi

Nathaniel Irobi

Related Posts

CPPE Backs CBN’s Decision to Hold Monetary Policy Rates

CPPE Backs CBN’s Decision to Hold Monetary Policy Rates

by Nathaniel Irobi
May 21, 2026
0

The Centre for the Promotion of Private Enterprise (CPPE) has commended the Central Bank of Nigeria for retaining key monetary...

CBN Holds Interest Rate at 26.5% Amid Inflation Battle

CBN Holds Interest Rate at 26.5% Amid Inflation Battle

by Nathaniel Irobi
May 20, 2026
0

The Central Bank of Nigeria (CBN) has retained its benchmark interest rate at 26.5 per cent, reinforcing efforts to stabilise...

N917bn Gain: Stock Market Roars Back

N917bn Gain: Stock Market Roars Back

by Nathaniel Irobi
May 20, 2026
0

  The Nigerian Exchange reversed a three-day bearish run on Tuesday, as investors gained N917 billion on the back of...

Next Post
Tinubu approves ₦3.3tn power sector debt settlement plan

Tinubu, CJN, Akpabio to Attend Ukala’s Book Launch April 29

On Hadejia’s 120 Years Resistance Anniversary Against Colonial Invasion

On Hadejia's 120 Years Resistance Anniversary Against Colonial Invasion

Recommended

2027 Elections: PDP candidate vows unity, development for Chikun/Kajuru

2027 Elections: PDP candidate vows unity, development for Chikun/Kajuru

4 days ago
Hajj 2026: Refunds demanded as feeding and sacrifice services fail

Hajj 2026: Refunds demanded as feeding and sacrifice services fail

4 days ago

Popular News

  • Residents flee as flood ravages 10 communities in Kebbi – NEMA

    Residents flee as flood ravages 10 communities in Kebbi – NEMA

    0 shares
    Share 0 Tweet 0
  • Nigerian Govt laments gaps in polio eradication despite $500m spent

    0 shares
    Share 0 Tweet 0
  • Court Rejects Stay of Execution Bid Against United Methodist Church

    0 shares
    Share 0 Tweet 0
  • Musawah Movement Demands Constructive Political Dialogue Ahead of 202

    0 shares
    Share 0 Tweet 0
  • Boost Military Morale Through Positive Coverage, Media Told

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (26)
  • Business (836)
  • Education (277)
  • Entertainment (423)
  • Health (254)
  • National (3,357)
  • News (10,522)
  • Opinion (453)
  • Politics (2,228)
  • Science (15)
  • Security (421)
  • Sports (736)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform