Iran’s Zanganeh in Vienna to attend 178th OPEC meeting
Bijan Namdar Zanganeh arrived in Vienna on Wednesday to take part in the 178th (Extraordinary) Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) will be held on March 5.
Iran supports OPEC latest plan
Iran supports the plan for deeper crude oil cuts by the Organization of the Petroleum Exporting Countries (OPEC). if the majority agrees.
Iran first OPEC member to produce, export oil processing catalysts
Iran has become the first member state of the Organization of the Petroleum Exporting Countries (OPEC) that can produce and export sophisticated catalysts used in oil and gas processing.
OPEC production cuts further
TEHRAN (Iran News) – Saudi Arabia and Russia won backing for further OPEC production cuts on Friday as they look to head off global oversupply in 2020 and sustain prices. The group of more than 20 producers agreed to an extra 500,000 barrels per day (bpd) in cuts for the first quarter of 2020, taking […]
Oil Price Edges Lower as OPEC
Oil price decreased on Friday as a meeting between OPEC and its allies later in the day is expected on a formal agreement to more output curbs in early 2020.
Zanganeh attend OPEC meeting
TEHRAN (Iran News) – Iran’s Oil Minister Bijan Namdar Zanganeh landed in Vienna Thursday morning to attend the 177th meeting of the Organization of Petroleum Exporting Countries, known as OPEC, in order to assess the situation of this resource in the international market. The Iranian minister is also is planning to hold talks with OPEC […]
Iranian oil prices increase in July as OPEC production falls
As the Iranian oil ministry reported, in July, the average price of Iranian crude stood at $62.65 per barrel, increasing 2.9 percent monthly, while the OPEC countries produced 29.609 million barrels of oil in the said month, registering a daily drop of 246,000 barrels compared to the preceding month.
Zanganeh appoints OPEC director at Iran Oil Ministry
Iranian Oil Minister Bijan Zanganeh issued a decree appointing Mohammad Taeb as the director-general of OPEC Affairs at the Iranian Oil Ministry.
Iran elected as head of OPEC Fund’s ministerial council
Iran’s Finance and Economic Affairs Minister Farhad Dejpasand was elected the chairman of the OPEC Fund for International Development (OFID) ministerial council, Iranian mission to Vienna announced.
Iran no threat to world energy security: Zanganeh
Iranian Oil Bijan Zanganeh said that Iran oil is not a threat to global energy security, noting that if this market is at stake, Iran will be affected too.