Wednesday, 12 February , 2025
OPEC Archives - Page 7 of 12 - Iran News Daily
Iran first OPEC member to produce, export oil processing catalysts 23 Jan 2020

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 07 Dec 2019

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 06 Dec 2019

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 05 Dec 2019

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 18 Aug 2019

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 06 Aug 2019

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 20 Jul 2019

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 08 Jul 2019

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.

OPEC’s decisions no longer liable to outside pressure 03 Jul 2019

OPEC’s decisions no longer liable to outside pressure

Iranian Oil Minister Zangeneh said “important changes” have been made to OPEC in a way that decisions made outside OPEC can no longer be imposed on the body for ratification.

EU’s trade mechanism not enough without oil: Zangeneh 03 Jul 2019

EU’s trade mechanism not enough without oil: Zangeneh

Iran’s Oil Minister Bijan Zangeneh said a European mechanism to facilitate trade with his country in the face of US sanctions won’t be useful if it doesn’t allow for oil sales.