
SOCAR may take part in oil and gas projects in Iran
A delegation led by President of SOCAR Rovnaq Abdullayev met with Iran's oil minister Bijan Namdar Zanganeh, APA reports. According to SOCAR’s website, the two sides discussed the current …
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A delegation led by President of SOCAR Rovnaq Abdullayev met with Iran's oil minister Bijan Namdar Zanganeh, APA reports. According to SOCAR’s website, the two sides discussed the current …
They are exploiting Saudi Arabia’s precarious position by taking steps to boost production
Iraq and Iran occasionally accuse each other of overstepping when it comes to the shared oil fields
Tehran and Moscow are close to signing an agreement for the export of 100,000 barrels per day of Iranian oil to Russia, Oil Minister Bijan Namdar Zanganeh said on Tuesday. "The two sides will seal an agreement on oil export to …
The Iranian delegation will arrive in Russia to present the conditions of oil and gas contracts to Russian companies -the Russia Energy Minister Alexander Novak said following his talks with the Iranian Oil Minister Bijan …
Iranian Oil Minister Bijan Namdar Zanganeh said that Islamic Republic will begin oil production at South Pars field by the end of the current fiscal year (March 21, 2017). According to him, considering the conditions of …
Iran's oil minister Bijan Namdar Zanganeh said that Iran continues negotiations with French oil company Total to finalize a $2 billion deal to develop South Pars Phase 11. “We hope to finalize the …
Iranian Oil Minister Bijan Namdar Zanganeh said OPEC should cut crude production "a bit more" in the second half of 2017, Fars news agency reported. Zanganeh added that data showing compliance on the part …
Iran is exceeding its deemed OPEC production ceiling
Iran will earn $41 billion from oil and gas condensate exports by the end of the present fiscal year in March, the Iranian Oil Minister Bijan Namdar Zanganeh said. "The sale of oil and condensates will reach $41 …
Iran plans to assign development of seven oil fields to Russian companies, Iran’s Oil Minister Bijan Namdar Zanganeh said, explaining that Russian companies would develop and increase the recovery rate of the fields. …
OPEC will continue to insist on Russia cutting, not just freezing oil production after the organization finalizes its own agreement, the Saudi Energy Minister Khalid al-Falih said before the OPEC meeting. "A freeze …
Iran's oil minister Bijan Namdar Zanganeh said members of the Organization of Petroleum Exporting Countries (OPEC) could agree a plan to limit oil production at their meeting in Vienna this week if they put aside …
Iraq’s oil minister will bypass energy talks this week in Qatar, where rival producer Saudi Arabia plans to hold talks with Russia on possible collective action to limit production. His Iranian counterpart is also said to be giving the …
Iranian oil minister Bijan Namdar Zanganeh denied reports that Egypt seeks to buy crude oil from Iran, Reuters reports. Earlier, the Egyptian Oil Minister Tarek El-Molla denied rumors about his visit to …
Iranian Oil Minister Bijan Zanganeh said that the oil market has positively reacted to the decision made by members of the Organization of Petroleum Exporting Countries (OPEC) at their informal meeting in Algeria. …
Iran needs more than $100 billion investment to develop its oil sector, Iranian Oil Minister Bijan Zanganeh said on the sidelines of a ceremony for inking a contract between the National Iranian Oil Company (NIOC) and Persia Oil …
Iran and Iraq have agreed to connect their oil pipelines, Trend reported citing Fars. According to the report, the agreement was achieved between Iran’s Oil Minister Bijan Namdar Zanganeh and his Iraqi counterpart …
The regional rivals refuse to reach a deal
Companies are still cautious of being affiliated with Iran