OPEC Fund President Abdulhamid Alkhalifa said: “In 2024, the OPEC Fund set a new benchmark in delivering impactful development finance to tackle global priorities. Our record commitments not only ...

The OPEC Fund for International Development (the OPEC Fund) is providing a US$50 million loan to co-finance the rehabilitation, upgrading and maintenance of National Route PY22 and access roads in the ...

Meanwhile, OPEC Fund has further contributed to Egypt's NWFE goal by co-financing the Kom Ombo solar plant, which serves 130 000 households, and the Helwan South power plant, which added 1.95 GW ...

One source said these took place on the sidelines of the Arab Energy Fund's 50th anniversary celebration in Riyadh, and were not a planned OPEC meeting. Oil prices have risen this year ...

Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas ...

LONDON (Reuters) - OPEC+ is likely to adhere to current plans to raise output gradually from April when a panel of top ministers meets on Monday, delegates from the producer group told Reuters, ...

President Donald Trump called on OPEC states to slash oil prices as a way to get Russia to the negotiating table and bring an end to the war in Ukraine — but the move could backfire on the US ...

Indian shares look set to open a tad lower on Monday after declining for three straight weeks in a row. A cautious undertone may ...

U.S. President Donald Trump on Thursday proved that words can be just as powerful as actions — at least temporarily — after his remarks at the World Economic Forum led to a downturn in oil ...

As global oil markets anticipate the upcoming OPEC+ meeting next week, attention is focused on economic uncertainties, including weak economic data from China and US President Donald Trump’s calls for ...