OPEC+ policies have helped so far to balance the oil market, Iranian Oil Minister Bijan Zanganeh said after a meeting with Azerbaijan’s oil minister Parviz Shahbazov. The minister added that he was hopeful that the group …
ran said it planned to roughly double oil production in the next year, as the country anticipates a loosening of U.S. sanctions after Joe Biden becomes president, World Oil writes in the article Iran plans to double oil output in 2021 under weaker U.S. sanctions
Iran ramps up production at supergiant South Pars gas field
What’s most concerning in the market is that the OPEC deal could fall apart entirely
The outbreak of novel coronavirus has not affected Iran's oil production, Iran’s oil minister Bijan Namdar Zanganeh said on the sidelines of the OPEC meeting. "It has had no effect on Iran's oil …
Following a six-hour meeting held by OPEC members, Iranian Oil Minister Bijan Zangeneh revealed that the organization has reached an agreement on the output cut deal. "Yes, we have consensus," Sputnik …
Iran's Oil Minister Bijan Zanganeh said that the global oil market was in a normal condition following an attack on Saudi oil infrastructure earlier this month. There is currently a little surplus on the supply side …
Russian Energy Minister Alexander Novak and Iranian Oil Minister Bijan Zangeneh will discuss Moscow-Tehran cooperation. Speaking to reporters following a ceremony to sign contracts for …
Iran's Ministry of Oil emphasized importance of Phase I of the Enhanced oil Recovery (EOR) and Improved Oil Recovery (IOR) Project in 20 oil and gas fields. Iran's Minister of Oil Bijan Zanganeh has appointed Deputy Director of …
Iran backed cooperation with non-OPEC oil exporter states, but believes that an organisation, where Russia and Saudi Arabai strive to challenge the interests of other members, is doomed to dissolution, Iran’s Oil Minister Bijan …
Russian Energy Minister Alexander Novak said that Russia was open to new dates for a meeting of OPEC+ nations, including on July 12. Novak noted that he had not yet discussed a change in meeting dates with his …
Iran has told OPEC that it opposes delaying the oil producer group’s next meeting, setting the scene for another fight with fellow members as U.S. sanctions put Tehran under unprecedented economic pressure with its oil exports down to just …
Iran’s oil minister warned that OPEC is in danger of collapse and said the Islamic Republic would respond to members of the bloc who undermine its crude exports, an apparent reference to nations such as Saudi Arabia that have discussed …
Iranian Oil Minister Bijan Namdar Zanganeh believes that Saudi Arabia and the United Arab Emirates overstate their oil capacities. "The U.S. behavior and oil sanctions are not a bluff, but (the result of) very …
Russian Energy Minister Alexander Novak will hold a meeting with Iranian Oil Minister Bijan Namdar Zanganeh on April 1 in Moscow, an official spokesman of the Russian Energy Ministry said. "The …
Iran has discovered oil in the southwestern Abadan region for the first time, the republic's Oil Minister Bijan Namdar Zanganeh said. According to him, the oil was found at a depth of 3,570 meters in an exploratory …
US sanctions and the dynamics of Iran’s petroleum sector
Zanganeh said on Monday that the third phase of Persian Gulf Star Refinery (PGSR), in the city of Bandar Abbas, southern Hormozgan province, will go into full swing in the coming weeks, which will increase the country’s gasoline output to …
Iran will not discuss its OPEC quota as long as it is under sanctions, Iranian Oil Minister Bijan Namdar Zanganeh said, speaking after the session of the OPEC-Non-OPEC Joint Ministerial Monitoring Committee (JMMC) in …
U.S. sanctions on Iran's oil sector will lead to "painful months" for consumers worldwide as oil prices rise, Iranian oil minister Bijan Namdar Zangeneh said. According to IRIB News, Zangeneh said that …
