تیتر دو

  • OPEC+ 14th Ministerial Meeting Concludes

    OPEC+ 14th Ministerial Meeting Concludes

    TEHRAN (Shana) -- The 14th Meeting of OPEC and non-OPEC Ministers took place via video conference on Thursday March 4, 2021, under the Chairmanship of HRH Prince Abdul Aziz bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair HE Alexander Novak, Deputy Prime Minister of the Russian Federation.

  • Zamaninia: OPEC+ Final Decision Was Ideal for April

    Zamaninia: OPEC+ Final Decision Was Ideal for April

    TEHRAN (Shana) -- The final decision made for April was ideal, Iran’s Governor for OPEC, Amir Hossein Zamaninia, said after 14th OPEC and non-OPEC Ministerial Meeting held on Thursday via video conference.

  • Zangeneh: Oil Market is Stable Currently

    Zangeneh: Oil Market is Stable Currently

    TEHRAN (Shana) -- Iran’s Minister of Petroleum, Bijan Zangeneh, said after the 14th OPEC and non-OPEC Ministerial Meeting held on Thursday via video conference that there is stability in oil market at present.

  • OPEC+ Agrees to Keep 18 Members’ Oil Output Unchanged for April

    OPEC+ Agrees to Keep 18 Members’ Oil Output Unchanged for April

    TEHRAN (Shana) -- OPEC and its allies reached a compromise on Thursday on extending the current crude oil output cuts of 18 members for April, allowing Russia and Kazakhstan to raise their production by 150,000 bpd.

Analysis

  • Is Brent Crude Headed Towards $100 a Barrel?

    Is Brent Crude Headed Towards $100 a Barrel?

    TEHRAN (Shana) -- Since early December crude oil prices have staged an impressive comeback. Brent crude price has shot up from $40 a barrel in early December to $67.20 on 25 February 2021. The question is how high oil prices are destined to go this year and next.

  • Biden and Future of Nord Stream 2

    Biden and Future of Nord Stream 2

    TEHRAN (Shana) -- The United States implemented its annual budget bill as the year 2021 started. It includes expansion of sanctions against the Nord Stream 2 gas pipeline.

  • Biggest Oil/Gas Opportunity in Iran

    Biggest Oil/Gas Opportunity in Iran

    TEHRAN (Shana) -- Oil sanctions against Iran remain effective. But the country says it would export 2.3 mb/d of oil and condensate this year. Many experts believe that Iran’s return to the oil market is unlikely to cause any shock.

  • Zaki Yamani, Oil Market Legend: Expert

    Zaki Yamani, Oil Market Legend: Expert

    TEHRAN (Shana) – Dr. Mamdouh G. Salameh, Non-Resident Fellow, Expert, the Economics of Oil and Energy, who is an international oil economist and a prominent expert on energy, described late Zaki Yamani as a legend in the global oil market.

  • Research Role in Petchem Value Chain Development

    Research Role in Petchem Value Chain Development

    TEHRAN (Shana) -- Iran’s petrochemical industry has conducted vast planning alongside building plants in order to bring the country’s output to 100 million tonnes a year. That would push the country to the top technological position in the region.

  • Iran Eyes European Gas Market: CEO

    Iran Eyes European Gas Market: CEO

    TEHRAN (Shana) -- The CEO of the National Iranian Gas Company said Iran seeks gas exports to Europe, adding: "The future atmosphere of the countries, the type of cooperation and the events that take place in the country's diplomatic relations affect the issue of gas trade."

Report

  • North Pars, New Gas Hub of Iran

    North Pars, New Gas Hub of Iran

    TEHRAN (Shana) -- Some 120 kilometers southeast of the southern Bushehr Province, Iran owns a gas field holding over 57 tcf of gas in place. North Pars is among fields with high potential for investment. The field is estimated to require $16 billion in investment, including $5 billion in the upstream sector and $11 billion in the downstream sector (mainly LNG plants).

  • Golden Days for Iran Refining

    Golden Days for Iran Refining

    TEHRAN (Shana) -- The coronavirus has given our planet a new chance to breathe. Travel rates have dropped sharply. Demand for oil and petroleum products has been falling since the outbreak of the pandemic. Oil wells and refineries across the globe are shutting down one after another. Despite the historic OPEC+ agreement for oil production cut, oil price slump has not stopped. However, there is no sign of increased demand for oil and petroleum products in the market.

  • Democrats, Republicans Both Favor Nord Stream 2 Sanctions

    Democrats, Republicans Both Favor Nord Stream 2 Sanctions

    TEHRAN (Shana) -- Amir Alizadeh, the managing director of the Association of Iranian Banks in Europe (AIBE), has said the North Stream 2 gas pipeline would allow Russia to pump 55 bcm of more gas to Europe, specifically to Germany. In an interview, he said that the US imposed sanctions on the project. Alizadeh explained that Democrats and Republicans both favor US sanctions on the Nord Stream gas pipeline.