UAE to Expand Energy Investments in the U.S. to $440 Billion by 2035

In a bold move to strengthen its global energy footprint, the United Arab Emirates has unveiled plans to raise its total energy investments in the United States to $440 billion by 2035. The announcement was made by Sultan Al Jaber, CEO of ADNOC, as part of a broader strategy to deepen U.S.-UAE energy cooperation over the next decade.

The ambitious target builds on an existing $70 billion investment portfolio and reflects growing collaboration between the UAE and major American energy players. New projects will include upstream oil and gas developments, unconventional energy ventures, and clean hydrogen initiatives, with companies like ExxonMobil, Occidental Petroleum, and EOG Resources expected to play key roles.

The move is part of the UAE’s wider $1.4 trillion investment commitment to the U.S. economy, which spans multiple sectors including advanced technology and manufacturing. ADNOC’s investment arm, XRG, along with Mubadala Energy, are actively expanding their presence in U.S. LNG and gas assets.

This growing alliance positions the UAE as a vital energy partner for the U.S. and a global leader in energy innovation.