• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Monday, May 18, 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
5
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

CBN Foreign Rule Wipes N2tn Off NGX

Dangote Refinery Hikes Petrol Price to N1,275

Investors Gain N3.2trn as Nigerian Stock Market Rebounds

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:  CBN Boosts Foreign Airlines With $61.6 Million Injection
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

CBN Foreign Rule Wipes N2tn Off NGX

CBN Foreign Rule Wipes N2tn Off NGX

by Nathaniel Irobi
May 8, 2026
0

The Nigerian stock market closed sharply lower on Thursday as investors lost N1.92 trillion following a wave of sell-offs in...

Dangote Refinery Hikes Petrol Price to N1,275

Dangote Refinery Hikes Petrol Price to N1,275

by Nathaniel Irobi
April 29, 2026
0

Dangote Refinery has increased the ex-depot price of premium motor spirit (petrol) by N75, raising it from N1,200 to N1,275...

Investors Gain N3.2trn as Nigerian Stock Market Rebounds

Investors Gain N3.2trn as Nigerian Stock Market Rebounds

by Nathaniel Irobi
April 29, 2026
0

The Nigerian stock market returned to bullish territory on Tuesday, delivering a N3.205 trillion gain for investors following a one-day...

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

Hamzat picks Gbeleyi as running mate for Lagos 2027

Hamzat picks Gbeleyi as running mate for Lagos 2027

7 hours ago
BREAKING: Makinde Declares 2027 Presidential Bid Under APM

BREAKING: Makinde Declares 2027 Presidential Bid Under APM

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
  • Court Rejects Stay of Execution Bid Against United Methodist Church

    0 shares
    Share 0 Tweet 0
  • The Political Imprint Of Dr. Hadiza Balarabe On Sanga Politics

    0 shares
    Share 0 Tweet 0
  • Jaba APC Leaders Unveil 2027 Consensus Candidates

    0 shares
    Share 0 Tweet 0
  • Movement For Better Taraba Endorses Danji SS for Governor, Calls for APGA Support

    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 (833)
  • Education (276)
  • Entertainment (404)
  • Health (252)
  • National (3,330)
  • News (10,364)
  • Opinion (444)
  • Politics (2,165)
  • Science (15)
  • Security (421)
  • Sports (718)

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