UAE’s Oil Giant Looks To Partner With U.S. Shale Companies

The Abu Dhabi National Oil Company (ADNOC) is looking to form partnerships with companies from the United States to develop unconventional oil resources in the United Arab Emirates (UAE), Reuters quoted ADNOC’s chief executive, Sultan Ahmed Al Jaber, as saying on Tuesday.   The UAE, one of the large producers in OPEC, is looking to boost its production capacity and eventually, its crude oil production, when the OPEC+ output cuts end. Last November, Abu Dhabi’s Supreme Petroleum Council said that the emirate had increased its total…