TEHRAN – Oil Minister Bijan Zanganeh criticized Greece and Italy for not buying its oil despite U.S. waivers and said they had not offered Tehran any explanation for their decision. IRAN NEWS NATIONAL DESK “No European country is buying oil from Iran except Turkey,” Oil Minister Zanganeh said in his presser yesterday. “Greece and Italy […]

 Iran’s Minister of Petroleum Bijan Zanganeh said Tuesday the country’s recoverable oil stood at 160 billion barrels. “Although Iran’s crude oil production has dropped from 5 mb/d [in 1979] to about 4 mb/d today, the significant point is that the country’s recoverable liquid hydrocarbon reserves have increased from 88 billion to 160 billion barrels now,” […]

 Iranian Oil Minister Bijan Namdar Zanganeh and his Iraqi counterpart Thamir Ghadhban met on Thursday to discuss expansion of bilateral ties in energy sector. Heading a high-ranking delegation, Zanganeh was welcomed by Ghadhban in Baghdad, Shana reported. Speaking in a press conference after the meeting between the two countries’ officials, Iranian minister underlined the great […]

 Iran will not be complying with the “fully illegal” US sanctions, Iranian Oil Minister Bijan Zanganeh said on Thursday, in yet another defiant statement from Tehran after the American sanctions on Iran’s oil and shipping industry snapped back in early November. “We believe that we should not comply with the illegal sanctions against Iran,” Reuters […]

 Iranian Oil Minister Bijan Namdar Zanganeh has been summoned to the parliament to explain about several issues, including a recent verdict to fine French oil and gas group Total (TOTF.PA) for bribing foreign officials in a case related to Iranian contracts in 1997, an MP said. Speaking to the Tasnim News Agency, Hedayatollah Khademi, who […]

Iranian Oil Minister Bijan Namdar Zanganeh said the country has completely been exempted from a resolution by the Organization of the Petroleum Exporting Countries (OPEC) to reduce oil production. Speaking to the Islamic Republic of Iran Broadcasting (IRIB) on Thursday night, Zanganeh shrugged off the issue that Iran’s exemption from the OPEC resolution on oil […]

 Iranian Oil Minister Bijan Zanganeh will take part at the 2018 Russian Energy Week International Forum on 3-6 October in Moscow. According to the Public Relations Department of Iran’s embassy in Moscow, Zanganeh is scheduled to take part and deliver a speech at the Forum’s panel about global gas market in 2030. The Iranian minister […]

 Iranian Oil Minister Bijan Zanganeh said that the result of the OPEC committee meeting in Algeria on Sunday was consistent with what Iran wanted for oil supply agreements. “Yesterday’s meeting ultimately concluded with all OPEC and non-OPEC members to abide by the current production agreements, which is consistent with what Iran wanted,” Iranian Oil Minister […]

TEHRAN- According to a new order by Iran’s Oil Minister Bijan Namdar Zanganeh, a four-year service term limit will be imposed for the ministry’s senior directors since October 23, Shana news agency reported.As reported, the new order applies to managing directors, board members, deputies and senior executives. The rule will affect the National Iranian Oil […]

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said U.S. energy firms are the main losers from the sanctions placed against his country. Speaking at the 173 OPEC meeting in Vienna on Thursday, Zanganeh called U.S.’s policy confusing and self-defeating, CNBC reported. “I don’t understand why U.S. companies cannot enter the Iranian market. They cannot […]