OPEC and Russia highlight the importance of oil and energy markets stability

SHANA (Tehran) -The Organization of the Petroleum Exporting Countries (OPEC) and the Russian Federation held the Ninth High-level Meeting of the OPEC-Russia Energy Dialogue today, 22 November 2024, in Moscow, the Russian Federation.

Pezeshkian:

Clarification of Joint Foreign Investments Necessary

SHANA (Tehran) - Iranian President Masoud Pezeshkian highlighted the importance of resolving issues related to joint foreign investment projects, especially in the energy sector, emphasizing the need to utilize the capacities of neighboring countries.

Iran and Russia Can Provide Regional Gas Needs

SHANA (Tehran) - The CEO of the National Iranian Gas Company Saeed Tavakoli has said that connecting the Iranian and Russian gas networks is very important in supplying energy to the region, describing Iran’s position at the center of the North-South energy corridor as unique.

Iran Expanding Gas Cooperation with Its Northern Neighbors

SHANA (Tehran) - Iranian President Masoud Pezeshkian separately met with the Presidents of Turkmenistan and Russia, announcing new agreements to enhance gas cooperation.

Paknejad Welcomes Russian Prime Minister Upon Arrival

SHANA (Tehran) - Iranian Minister of Petroleum Mohsen Paknejad welcomed Mikhail Mishustin, the Prime Minister of the Russian Federation, upon his arrival at the airport.

Iran and Russia Expanding Bilateral Cooperation

SHANA (Tehran) - Iranian First Vice President Mohammadreza Aref announced that strengthening Tehran-Moscow cooperation is a fundamental policy of the 14th government, underlining the necessity of expanding collaboration between the two countries in various fields.

Iran Pursuing Expanding Relations with Russia

SHANA (Tehran) - Iranian president Masoud Pezeshkian says that deepening relations between Tehran and Moscow will blunt the biting effect of cruel sanctions against Iran and Russia.

Iran-Russia Gas Deal to Change Regional Energy Balance

SHANA (Tehran) - A member of parliament says that the Iran-Russia gas transfer contract not only turns Iran into a gas hub in the region but also changes the regional energy balance.

Iran-Russia Gas Deal Opening a New Chapter, MP

SHANA (Tehran) - The Iran-Russia gas transfer agreement is a great step forward and will turn Iran into a regional gas hub, opening a new chapter in regional and international relations, the vice chairman of the parliament’s energy committee Ramezanali Sangdovini said.

Owji Provides More Details on Iran-Russia Gas Pipeline

SHANA (Tehran) - Minister of Petroleum Javad Owji provided more details about the gas pipeline which is planned to be constructed to import gas from Russia.

Iran-Russia Gas Transfer Document A Masterpiece

SHANA (Tehran) - Minister of Petroleum Javad Owji says that signing the Russian Gas Transfer to Iran Document is the masterpiece of the 13th administration's energy diplomacy attitude which can pave the way for an economic revolution and ensure the region's energy security through Iran.

Iran-Russia Gas Deal to Strengthen Regional Energy Security

SHANA (Tehran) - The Iranian Minister of Petroleum says that signing the memorandum of understanding (MoU) for gas transfer from Russia to Iran will increase Iran’s share of the global gas trade, strengthening regional energy security considerably.

Russia Developing New Oil Fields in Iran

SHANA (Tehran) - Tehran and Moscow reviewed their past 3 years of economic cooperation, comprising all the interested bilateral issues, in the framework of the Iran-Russia Economic Cooperation Joint Commission, reaching good deals with regard to developing new oil fields in Iran.

Iran-Russia Trade Up By 48 Percent, Novak

SHANA (Tehran) - The volume of bilateral trade between Iran and Russia increased by 48 percent during the first quarter of 2024 when compared with corresponding period last year.

Owji And Novak Stress on Consolidating Iran-Russia Relations

SHANA (Tehran) - Iranian Minister of Petroleum Javad Owji who is visiting Moscow has said that the two countries will continue expanding bilateral relations.

Novak: Russia will cut oil output in Q2 to catch up with other OPEC+ countries

Russia has decided to focus on reducing oil output rather than exports in the second quarter in order to evenly spread production cuts with other OPEC+ member countries, Deputy Prime Minister Alexander Novak said on Friday.

Iran-Russia energy cooperation a crushing response to sanctions: MP

SHANA (Tehran) – A member of the Iranian Parliament’s Energy Committee said on Tuesday cooperation between Tehran and Moscow in the energy sector is a crushing response to sanctions.

FIEEI head calls for utilizing Iran, Russia energy capacities to identify new markets

SHANA (Tehran) – The Federation of Iranian Energy Export Industries (FIEEI) head said on Saturday new markets can be identified by utilizing the energy capacities of Iran and Russia.

Iran, Russia agree on new contracts for oil, gas fields development  

SHANA (Algiers) – Iran’s oil minister and Russia’s energy minister agreed on signing new contracts to develop oil and gas fields.

MP calls Russia strategic partner of Iran in energy sector

SHANA (Tehran) – A member of the Iranian Parliament’s Energy Committee said on Saturday promotion of energy diplomacy is key to the development of the oil and gas industry and referred to Russia as the strategic partner of Iran in the energy sector.

Iran, Russia sign 19 cooperation documents

SHANA (Tehran) – Tehran and Moscow signed 19 cooperation documents during the closing ceremony of the 17th Joint Economic Commission between the Islamic Republic of Iran and the Russian Federation in Tehran on Wednesday.

Owji: Contracts with Russia lead to 200,000-barrel increase in Iran daily oil output

SHANA (Tehran) – Iranian Oil Minister Javad Owji on Wednesday said the contracts signed with Russian companies to develop eight oil fields have helped his country add more than 200,000 barrels to its daily production.

Iran, Russia sign MoU to cooperate in oil, technology projects

SHANA (Tehran) – The Engineering, Research and Technology Department of Iran’s Oil Ministry and the Russian company Transneft signed a memorandum of understanding (MoU) to do research in oil and technology projects.

Tehran-Moscow gas cooperation planned, says Iran’s ambassador

SHANA (Tehran) – Iran-Russia cooperation in the gas sector has been planned and could come to fruition, said Iran’s ambassador to Moscow.

Expert meetings of 17th Iran-Russia Joint Economic Commission start in Tehran

SHANA (Tehran) – Expert meetings of the 17th Iran-Russia Joint Economic Commission started in Tehran on Monday.

Tehran to host 17th Iran-Russia Joint Economic Commission this month

SHANA (Tehran) – The 17th Iran-Russia Joint Economic Commission meeting will be held in the presence of its cochairmen, Iran’s Oil Minister Javad Owji and Russia’s Deputy Prime Minister Alexander Novak, in Tehran this month.

Saudi Arabia's oil price cuts helping fill the void for Indian refiners

Saudi Arabia's recent move to slash the price of its oil has attracted attention from India, with some refiners now interested in buying crude from the kingdom while oil purchases from Russia plummet.