May 16, 2025
UAE to boost energy investments in US to $440 billion by 2035
The United Arab Emirates plans to increase its energy sector investments in the United States to $440 billion by 2035, up from the current $70 billion.
The United Arab Emirates (UAE) plans to raise its energy investments in the United States to $440 billion by 2035, a significant increase from the current $70 billion. This initiative was announced by Sultan Al Jaber, CEO of Abu Dhabi National Oil Company (ADNOC), during U.S. President Donald Trump’s Gulf tour, which focused on securing major business deals. As part of this framework, American energy companies are expected to invest in the UAE, including through $60 billion in new investments targeting upstream oil and gas and unconventional energy projects. Top U.S. firms such as ExxonMobil, Occidental Petroleum (Oxy), and EOG Resources are involved. Read more.
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