| Bloomberg | Abu Dhabi Awards Oil Field Stake to Cepsa for $1.5 Billion Bloomberg Abu Dhabi holds about 6 percent of global crude reserves and produces most of the oil in the United Arab Emirates. While the U.A.E. is curbing output in an effort by two dozen nations to clear a global glut, the sheikhdom of Abu Dhabi plans to raise ... Abu Dhabi Awards Spanish Firm Stake In Offshore Oil Concession |