The OPEC Fund for International Development (the OPEC Fund) is supporting Egypt's renewable energy transition with a US$37 million loan for the Abydos II solar photovoltaic project, one of the country's largest clean energy developments to date.
Figures from OPEC’s January 2026 Monthly Oil MarketReport (MOMR) released yesterday showed that Nigeria produced an average of 1.422 million barrels per day in December, down from 1.436 million barrels per day in November.
Total crude production by the OPEC+ alliance, comprising OPEC members and some major non-OPEC producers, fell by 238,000 bpd to 42.83 million bpd during the same period ... OPEC kept its global oil demand ...
As the global energy landscape navigates the complexities of 2026, market analysts and historians frequently point back to the pivotal June 2, 2024, OPEC+ meeting as a watershed moment for the industry.