UAE
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UAE and renewables; ambitions and challenges
Over recent years, investment in the renewable energy sector has increased across the globe. In the meantime, the Persian Gulf oil exporting nations, which have always relied on exporting energy, have adopted a new approach and formulated comprehensive plans to reduce carbon emissions and increase the share of renewables in their energy mix. The United Arab Emirates (UAE), a Persian Gulf littoral state and a key OPEC member country, has invested heavily in all sectors of the energy industry in recent years. In addition to reducing its dependence on non-renewable energy, the UAE is seeking to improve its position in international for a and present an environmentally friendly image of itself.
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UAE says current OPEC+ actions sufficient for now
Current actions by OPEC+ to support the oil market are sufficient for now, UAE Energy Minister Suhail al-Mazrouei said, and the group is "only a phone call away" if any further steps are needed.
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Iran, UAE to promote oil cooperation
SHANA (Vienna) – Iranian Oil Minister Javad Owji and the United Arab Emirates’ Minister of Energy Suhail Al Mazrouei here on Wednesday put emphasis on promoting bilateral oil cooperation.
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OPEC+ cuts aimed at balancing oil market, UAE energy minister says
The additional voluntary output cuts announced by the OPEC+ alliance of 23 oil producers in April are aimed at balancing the oil market, the UAE's minister of energy and infrastructure said.