Shana

32nd OPEC+ Ministerial Meeting Concludes

TEHRAN (Shana) -- The 32nd OPEC and non-OPEC Ministerial Meeting was held via video conference on Monday, September 5, 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.

Owji: Iran Return to Oil Market Can Calm Int'l Markets

BAKU (Shana) – Global oil market is in a condition that return of Iran oil can remarkably help meet customers’ needs and make the world markets balanced and calm, Iranian Minister of Petroleum said on Thursday.

29th OPEC+ Ministerial Meeting Concludes

TEHRAN (Shana) -- The 29th OPEC and non-OPEC Ministerial Meeting was held via video conference on Thursday, June 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.

OPEC+ Agrees to Raise Output by 648,000 bpd for July

TEHRAN (Shana) – The Organization of the Petroleum Exporting Countries and its allies, OPEC+ coalition, agreed on Thursday to increase crude oil output by 648,000 barrels per day in July.

Iran, Azerbaijan to Boost Gas Trade

BAKU (Shana) – Iranian Minister of Petroleum referred to two billion cubic meters of Turkmenistan gas swap to the Republic of Azerbaijan via Iran’s territory, announcing the gas transmission volume is to double.

Owji Meets with Kazakhstan Energy Minister

BAKU (Shana) – Iranian Minister of Petroleum, Javad Owji, met with Kazakhstan Energy Minister, Bulat Aqchulaqov, on Thursday on the sidelines of Baku Energy Forum.

Owji: Sanctions Could Not Hinder Iran’s Oil Industry Progress

BAKU (Shana) – Iranian Minister of Petroleum, Javad Owji, said on Thursday that those who imposed sanctions think they can impede Iran’s development and progress through the terroristic tool of sanction while it is a double-edged sword with which they have to grapple.

Owji Meets with Azerbaijani Deputy PM

BAKU (Shana) – Iranian Minister of Petroleum held talks on Wednesday with Deputy Prime Minister of the Republic of Azerbaijan and discussed bilateral relations.

NIOC CEO: No Problem with Oil Debt Collection

SHANA (Tehran) – The managing director of the National Iranian Oil Company (NIOC) here on Friday said there is no problem regarding oil debt collection.

Petroleum Minister: Iran-Russia Annual Trade Transactions to Hit $40bn

SHANA (Tehran) – The ceiling of Iran-Russia annual trade transactions will skyrocket to $40 billion before 2024, said the Iranian minister of petroleum here on Thursday.

Deputy PM Novak Calls Iran Reliable Trading Partner of Russia

SHANA (Tehran) – Russian Deputy Prime Minister Alexander here on Wednesday said Iran is an old and reliable trading and economic partner of his country.

Iran, Russia Sign Three Cooperation Documents

SHANA (Tehran) – Iran and Russia here on Wednesday signed three cooperation documents.

Owji: Part of Russia’s $5bn Fund for Iran Projects Allocated; $40bn Annual Trade on Agenda

SHANA (Tehran) – Part of Russia’s $5 billion fund for Iranian energy, agricultural, and transport projects was allocated, said the country’s minister of petroleum here on Wednesday.

Petroleum Minister: 13th Administration Seeking to Expand Iran-Russia Trade Ties

SHANA (Tehran) – Iran’s Minister of Petroleum Javad Owji on Wednesday said the 13th administration is doing every effort to develop trade ties with Russia.

Iran, Russia Start Talks to Boost Ties

SHANA (Tehran) – Iran and the high-ranking delegation of Russia here on Wednesday started their talks on the expansion of their relations.

Raisi Says Iran, Oman Eager to Expand Ties, Underlines Investment in Energy Sector

SHANA (Tehran) – Iran’s President Seyyed Ebrahim Raisi on Tuesday said Tehran and Muscat are determined to revitalize and develop their relations.

Iran, Russia Deputy Ministers Discuss Bilateral Ties

SHANA (Tehran) – Iran’s deputy petroleum minister for international affairs and trading here on Tuesday held talks on bilateral relations with the Russian deputy economic development minister.

No Limits in Talking with Foreign Investors: NIOC Official

TEHRAN (Shana) -- The director of investment and business of the National Iranian Oil Company (NIOC) said: "Negotiations with domestic and foreign investors in the oil industry are being pursued and there are no restrictions for this sector."

GECF Chief Invited to Visit Iran’s Giant South Pars Gas Field

Tehran (Shana) -- Iran has invited the Gas Exporting Countries Forum (GECF) head to pay a visit to its giant offshore South Pars gas field.

NIOC Head: $160bn on Offer in Iran Oil Show for Investment

TEHRAN (Shana) – Iran has offered a chance to participants in the 26th International Oil, Gas, Refining and Petrochemical Exhibition to channel $160 billion in investments in the upstream sector of the country’s oil industry, said a high-ranking official in Tehran on Friday.

Qalibaf: Parliament Will Spare No Effort to Develop Oil Industry

Tehran (Shana) -- Iran’s Parliament speaker said on Friday that the legislature, as the facilitator and regulator, will spare no effort to help the country’s oil industry develop.

Amirkabir Petchem Plant Breaks Production Record

TEHRAN (Shana) – During the calendar year of 1400 which ended on March 20, Amirkabir Petrochemical Company was able to set a new record in recent years in key performance indicators such as total production, production of polymer products and production of ethylene.

Owji: Iran’s 13th Government Welcomes Local, Int’l Investors to Secure Global Energy Supply

TEHRAN (Shana) – Iranian Minister of Petroleum, Javad Owji, said on Thursday we always seek depoliticization of global energy market and making constructive interactions between producers and consumers, adding the 13th government welcomes local and international investors to develop oil and gas upstream sectors in a bid to help maintain and improve the security of global energy supply in upcoming years and decades.

182nd OPEC Meeting Kicks Off

TEHRAN (Shana) -- The 182nd meeting of the Organization of the Petroleum Exporting Countries (OPEC) began a few minutes ago in the presence of the Ministers of Oil and Energy of the organization via video conference.

Iran Petroleum

Iran Petroleum No. 120

Iran Petroleum

Iran Petroleum No. 121

OPEC+ Agrees 7.125m bpd Output Cuts for Feb.; Russia, Kazakhstan to Raise Production

OPEC and its allies reached a consensus on crude oil output cuts of 7.125 million bpd for February and 7.050 million bpd for March, allowing Russia and Kazakhstan to raise production.

Iran Petroleum Minister: Future Months Determining for Oil Market

TEHRAN (Shana) -- Iran’s Minister of Petroleum Bijan Zangeneh said on Monday that future months are determining for oil market in terms of supply-demand uncertainties.

13th OPEC+ Ministerial Meeting starts via Videoconference

TEHRAN (Shana) -- The thirteenth ministerial meeting of OPEC members and non-OPEC producers, a grouping called OPEC+, started a few minutes ago via video conference.