OPEC & Non-OPEC
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26th OPEC and Non-OPEC Ministerial Meeting
TEHRAN (Shana) -- The 26th OPEC and non-OPEC Ministerial Meeting was held via video conference on Wednesday, March 2, 2022 and ended with a consensus on raising their crude oil output by 400,000 bpd for April.
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26th OPEC+ Ministerial Meeting Concludes
TEHRAN (Shana) -- The 26th OPEC and non-OPEC Ministerial Meeting was held via video conference on Wednesday, March 2, 2022, under the chairmanship of Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman, and Co-Chair Deputy Prime Minister of the Russian Federation, Alexander Novak.
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OPEC+ Agrees to Ramp up Output by 400k bpd in April
TEHRAN (Shana) -- The 23 member states of the Organization of the Petroleum Exporting Countries and its allies, the OPEC+ coalition, agreed at their 26th meeting to increase production by 400,000 barrels per day in April.
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26th OPEC+ Meeting Begins
TEHRAN (Shana) -- The 26th meeting of the oil and energy ministers of the Organization of the Petroleum Exporting Countries (OPEC) and its allies (a Coalition called OPEC+) began a few minutes ago via videoconference.
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25th OPEC+ Ministerial Meeting Concludes
TEHRAN (Shana) -- The 25th OPEC and non-OPEC Ministerial Meeting was held via video conference on Wednesday, February, 2022, under the chairmanship of Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman, and Co-Chair Deputy Prime Minister of the Russian Federation, Alexander Novak.
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Owji: Global Oil Market Needs Iran Oil Supply
TEHRAN (SHANA) — If world’s oil consumers are dissatisfied with the current oil prices and supply levels, I suggest a quick lifting of the US unilateral and cruel sanctions against Iran, Owji said on Wednesday, adding global oil market needs an increase in Iran’s oil supply and we are ready to boost our supply to the market as quickly as possible
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25th OPEC and Non-OPEC Ministerial Meeting
TEHRAN (SHANA) -- The 25th OPEC and non-OPEC Ministerial Meeting was held via video conference on Wednesday, February 2, 2022 and ended with a compromise on increasing their crude oil output by 400,000 bpd for March.
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Owji: OPEC+ Ready to Supply Consumers’ Required Fuel
TEHRAN (Shana) – The members of OPEC+ coalition are ready to swiftly and securely provide the market and consumers with oil when required, Iranian Minister of Petroleum, Javad Owji, said on Tuesday.
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24th OPEC and Non-OPEC Ministerial Meeting
TEHRAN (SHANA) -- The 24th OPEC and non-OPEC Ministerial Meeting was held via video conference on Tuesday, January 4, 2022 and ended with a consensus on keeping the agreed increase plan in place, raising an additional 400,000 bpd to their collective crude oil output for February.
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24th OPEC+ Ministerial Meeting Concludes
TEHRAN (Shana) -- The 24th OPEC and non-OPEC Ministerial Meeting was held via video conference on Tuesday, January 4, 2022, under the chairmanship of Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman, and Co-Chair Deputy Prime Minister of the Russian Federation, Alexander Novak.
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OPEC+ Sticks to Production Policy for February 2022
TEHRAN (Shana) -- The 23 member states of the Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+ Coalition) agreed at their 24th meeting to boost the group’s output by 400,000 barrels per day in February 2022.
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24th OPEC+ Meetings Begins
TEHRAN (Shana) -- The 24th meeting of the oil and energy ministers of the Organization of the Petroleum Exporting Countries (OPEC) and its allies (a coalition called OPEC+) began minutes ago vial videoconference.
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23rd OPEC+ Ministerial Meeting Concludes
TEHRAN (SHANA) -- The 23rd OPEC and non-OPEC Ministerial Meeting was held via video conference on Thursday December 2, 2021, under the chairmanship of Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman, and Co-Chair Deputy Prime Minister of the Russian Federation, Alexander Novak.
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OPEC+ Agrees to Continue with Existing Output Increase for Jan.
TEHRAN (SHANA) -- The Organization of the Petroleum Exporting Countries and its allies reached a compromise on Thursday on continuing with the current agreement, increasing their crude oil output by 400,000 bpd for January.
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23rd OPEC+ Meeting Opens
TEHRAN (Shana) -- The 23rd meeting of the oil and energy ministers of the Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) began a few minutes ago via videoconference.
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22nd OPEC and Non-OPEC Ministerial Meeting
TEHRAN (SHANA) -- The 22nd OPEC and non-OPEC Ministerial Meeting was held via video conference on Thursday, November 4, 2021 and ended with a compromise on keeping the existing production plan in place and add 400,000 bpd to their crude oil output for December.
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Iran’s Ministry of Petroleum Won’t Wait for Negotiations: Owji
TEHRAN (SHANA) – Iran’s Ministry of Petroleum will not wait for the decisions and negotiations, Minister of Petroleum said on Thursday after 22nd OPEC and non-OPEC Ministerial Meeting.
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22nd OPEC+ Ministerial Meeting Concludes
TEHRAN (SHANA) -- The 22nd OPEC and non-OPEC Ministerial Meeting was held via video conference on Thursday November 4, 2021, under the chairmanship of Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman, and Co-Chair Deputy Prime Minister of the Russian Federation, Alexander Novak.
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OPEC+ Agrees to Raise Crude Oil Output by 400,000 in Dec.
TEHRAN (SHANA) -- The Organization of the Petroleum Exporting Countries and its allied producers reached a consensus on Thursday on extending the current crude oil output plan and raise their production by 400,000 bpd for December.
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Owji: Lift Iran’s Sanctions to Reduce Global Energy Crisis
TEHRAN (SHANA) -- Iranian Minister of Petroleum, Javad Owji, announced Iran’s readiness to solve global energy crisis as quickly as possible, adding I would recommend that American and European decision makers learn from the current situation and lift the sanctions against Iran to help reduce the crisis.
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21st OPEC and Non-OPEC Ministerial Meeting
TEHRAN (Shana) -- The 21st OPEC and non-OPEC Ministerial Meeting, known as OPEC+, was held via video conference on Monday, October 4, 2021 and ended with a compromise on an increase of crude oil output by 400,000 bpd for November.
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21st OPEC+ Ministerial Meeting Concludes
TEHRAN (Shana) -- The 21st OPEC and non-OPEC Ministerial Meeting was held via video conference on Monday October 4, 2021, under the Chairmanship of Prince Abdul Aziz bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair Alexander Novak, Deputy Prime Minister of the Russian Federation.
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OPEC+ Agrees to Increase 400,000 bpd in Oil Output in Nov.
TEHRAN (SHANA) -- The Organization of the Petroleum Exporting Countries and its allies reached an agreement on Monday to raise their total crude oil output by 400,000 bpd for November.
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21st OPEC+ Meeting Begins
TEHRAN (Shana) -- The 21st meeting of the oil and energy ministers of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC countries began a few minutes ago via videoconference.
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20th OPEC and Non-OPEC Ministerial Meeting
TEHRAN (Shana) -- The 20th OPEC and non-OPEC Ministerial Meeting, known as OPEC+, was held via video conference on Wednesday, September 1, 2021 and ended with a consensus on continuing with the current gradual increase of crude oil output by 400,000 bpd for October.
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20th OPEC+ Ministerial Meeting Concludes
TEHRAN (Shana) -- The 20th OPEC and non-OPEC Ministerial Meeting was held via video conference on Wednesday September 1, 2021, under the Chairmanship of Prince Abdul Aziz bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair Alexander Novak, Russia’s Deputy Prime Minister.
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OPEC+ Agrees to Continue with Gradual Increase of Crude Oil Output
TEHRAN (Shana) -- The Organization of the Petroleum Exporting Countries and its allies met on Wednesday and reached a consensus on continuing with the current gradual increase of their crude oil output for October.
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20th OPEC+ Ministerial Meeting Kicks off
TEHRAN (Shana) -- The 20th meeting of oil and energy ministers of the members of the Organization of the Petroleum Exporting Countries (OPEC) and their allies, called OPEC+, began a few minutes ago.
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Zangeneh: High Oil Prices Will not Benefit OPEC+ in the long run
TEHRAN (Shana) -- Iran’s Minister of Petroleum, Bijan Zangeneh, said the decision made during OPEC Plus meeting today will not increase oil prices, adding high prices will not work to the group’s advantage in the long run.
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19th OPEC+ Ministerial Meeting Concludes
TEHRAN (Shana) -- The 19th OPEC and non-OPEC Ministerial Meeting was held via video conference on Sunday July 18, 2021, under the Chairmanship of Prince Abdul Aziz bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair Alexander Novak, Russia’s Deputy Prime Minister.