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Managing Director of National Iranian Oil Company (NIOC) Roknodin Javadi pointed to the inking of a contract between NIOC and Saras SpA of Italy over crude sales; “the agreement covers a daily sales volume of 65 thousand …
Iran is ready to join the plan on freezing of oil production volumes, since the country has already reached the desired production level, the representative of National Iranian Oil Company (NIOC) stated. The director for international relations …
Iran has increased its oil production to 3.8 million barrels a day, a source in the state-owned National Iranian Oil Co. (NIOC) informs. According to the …
Iranian Oil Minister Bijan Namdar Zanganeh said the country plans to sign a memorandum of understanding (MoU) with South Africa on Sunday to boost cooperation in various energy fields. Speaking to reporters after his …
Minister of Petroleum Bijan Zangeneh said Iran had no role in oil market instability, IRNA reports. The minister said that two million barrels of oil were presently surplus to global demand which contributed in drastic fall of …
OPEC and non-OPEC producers on Sunday failed to reach a deal to freeze oil output, Reuters reports. The participants of the meeting in Doha acknowledged that the fundamentals are improving. Qatar's minister said that the dynamics of …
Iran has concluded a contract to export 700,000 barrels of its oil daily to the European market, Iranian Petroleum Minister Bijan Namdar Zangeneh said, Sputnik International reports. In late February, …
The Chief Executive Officer of Total, Patrick Pouyanne, said that the company's priority on getting back into Iran's energy sector was gas and petrochemicals, Reuters reports. "Gas is our priority for us …
Tehran has stopped selling oil to New Delhi for rupees and switched to payment in euros, the Iranian Oil Minister Bijan Namdar Zanganeh said on the sidelines of the Iranian-Indian business conference. "Iran has …
India plans to invest 20 billion dollars in the development of the Iranian port of Chabahar, the Indian Minister of Oil and Gas, Dharmendra Pradhan, said after the meeting with his Iranian counterpart, Bijan …
Last year, Russian oil exports to Europe grew by more than 8% and reached 150 million tons, or about 3 million barrels per day as a result, data published by the Ministry of Energy of Russia indicates. The overall export of Russian oil …
Iranian Oil Minister, Bijan Namdar Zanganeh, stated that he will participate in the meeting of OPEC countries and other oil producers in Doha (Qatar) on April 17th, when he will have time for this, the Iranian news agency Mehr …
The Iranian National Oil Company (NIOC) has signed a contract with France's Total on the development of the South Azadegan oil field, the Iranian Minister of Petroleum Bijan Zangeneh said. Now Total can …
Iran considers an oil price of $70 per barrel as acceptable, but it is ready for a lower level. "The Republic is considering a price of $70 as acceptable," the International Business Times cited the Iranian Oil Minister …
Iran is ready to join the international freezing of oil production, but only after it will be able to reach the production level of 4 million barrels per day, the head of Iran's Ministry of Oil Bijan Namdar Zanganeh …
In February Iran exported 1.75 million barrels of oil and condensate, the National Iranian Oil Company (NIOC) cites the statement by Iranian Oil Minister Bijan Namdar Zanganeh. "Exports of gas and gas condensate …
Iranian Oil Minister Bijan Namdar Zanganeh stated that during the visit of Azerbaijani leader Ilham Aliyev to Tehran, Iranian President Hassan Rouhani will offer him new cooperation in the oil and gas sector. …
Tehran has hosted a meeting of Iranian Oil Minister Bijan Zanganeh and Foreign Minister of Oman Yusuf bin Alawi, at which the parties discussed the project of construction of gas pipeline from Iran to Oman …
The exchange rate of the ruble significantly grew today on the Moscow stock exchange after statements by the head of the Iranian Ministry of Oil, Bijan Namdar Zanganeh. As of 08:21 PM the dollar fell 2.92 rubles to …
Iranian Oil Minister Bijan Namdar Zanganeh has stated that Iran would support measures to stabilize the oil market. "Iran will support any step aimed at improving the situation in the market of oil crude and …
