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.
More in
Aug 11, 2025
Airline industry struggles to scale sustainable aviation fuel as flagship refinery shuts down and most projects stall.
A Reuters investigation reveals that only a fraction of the 165 sustainable aviation fuel (SAF) projects announced over the past decade have materialized, with World Energy’s flagship SAF refinery in California closing, underscoring systemic challenges that leave airlines far from meeting climate targets.
Jul 28, 2025
New York Projects Clean Energy Targets Will Be Missed Without Major Adjustment
New York’s freshly released energy plan warns the state will miss its climate mandates—such as powering 70% of its grid with renewables by 2030—unless grid upgrades, storage, and project deployment accelerate sharply.