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OPEC+ countries have so far failed to reach consensus on the issue of easing oil output quotas, Iraqi Oil Minister Jabbar Alluaibi said. "We have not considered the increase yet," the minister said, …
Iran has rejected a plan by Russia and Saudi Arabia to increase oil production at a meeting of the OPEC oil cartel this week in response to consumer disgruntlement with rising prices. "I don’t believe at this meeting we can …
Iranian Oil Minister Bijan Zanganeh has asked OPEC president, United Arab Emirates Energy Minister Suhail al-Mazrouei to support it against new U.S. sanctions. “I would like to seek OPEC’s …
Azerbaijan’s Energy Minister Parviz Shahbazov has visited the 23rd Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show-2018). Shahbazov participated in an inauguration ceremony May 6, …
To date very limited upstream activity has occurred in Iran’s portion of the Caspian Sea
Two oil producers that are the target of U.S. sanctions could establish a solid partnership in the energy sector
India is set to offer a $3-4 billion development plan for the Farzad B gas field
Iran’s Oil Ministry wants to sign major oil projects with local contractors which will be financed by the National Iranian Oil Company (NIOC) through banks
Iraq plans to start exporting crude oil from the northern Kirkuk fields to Iran before the end of January
OPEC agreed to extend its oil-production cuts to the end of next year as the job of rebalancing the market is not yet done, according to delegates at a ministerial meeting in Vienna. Talks have now moved on to the mechanism that will be …
Iranian Oil Minister Bijan Zanganeh said on Wednesday that OPEC members had fulfilled their obligations under a global oil output cut deal by slightly over 100 percent in September, Reuters reported citing RIA news …
A prospective oil contract between Iran and Total will be signed before the end of the current administration’s tenure, Oil Minister Bijan Namdar Zanganeh said, AzerNews reported citing SHANA news agency. Less …
The contract would be tied to the Azadegan oil field, one of Iran's largest
Iran plans to add around a quarter to its production capacity in the next five years, Iran's Oil Minister Bijan Namdar Zanganeh said. The development of new fields as well as improved oil recovery from mature …
Iran does not see any difficulties in implementing any of the three options under discussion for the extension of the Vienna agreement on oil output cuts, Iranian Oil Minister Bijan Namdar Zanganeh said. "We have …
The oil-for-food deal between Russia and Iran is done, Iran’s petroleum minister Bijan Namdar Zanganeh said, adding that Iran expects supplies from Russia. "The deal is finalized and being carried out …
All members of the Organization of the Petroleum Exporting Countries (OPEC) appear to be supporting the extension of the oil production curtailment agreement, but the timeframe remains the topic for discussion, …
OPEC meets on May 25 in Vienna to discuss the output cuts
The country raised total production capacity at South Pars to 570 million cubic meters a day of gas
Most oil producers support an extension of output cuts by OPEC and non-OPEC countries, and Iran would also back such a move, Iranian oil minister Bijan Namdar Zanganeh said. Zanganeh stressed that most countries want …
