Total:22
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2024-12-11 13:12
Paknejad elected OPEC president for 2025
TEHRAN – Iranian Oil Minister Mohsen Paknejad has been elected as the rotating president of the Organization of the Petroleum Exporting Countries (OPEC) for 2025.
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2024-11-13 13:39
Iran’s oil production stands at 3.259 million bpd in Oct.: OPEC
TEHRAN - The Organization of Petroleum Exporting Countries (OPEC) in its latest report has said Iran produced 3.259 million barrels per day (bpd) of crude oil in October, while the figure was 3.327 million bpd in September.
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2024-09-06 14:03
OPEC chief praises Iran’s former oil minister
TEHRAN – The secretary general of the Organization of Petroleum Exporting Countries (OPEC) has thanked Iran’s former Oil Minister Javad Oji for his positive contribution to the organization, Tasnim News Agency reported.
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2024-06-04 14:39
OPEC+ to resume voluntary production cuts from October 2024
TEHRAN - OPEC+ countries have decided to gradually resume voluntary production cuts as of October 2024, Iranian Oil Minister Javad Oji said after the OPEC+ ministerial meeting.
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2024-05-20 14:59
OPEC secretary general condoles over martyrdom of President Raisi
TEHRAN – The Secretary General of the Organization of Petroleum Exporting Countries (OPEC) Haitham Al Ghais has issued a statement condoling the martyrdom of President Ebrahim Raisi.
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2024-05-12 15:11
Iran becomes OPEC’s 2nd producer of liquid fuels
TEHRAN - Overtaking Iraq, Iran has become the second producer of liquid fuels in the Organization of Petroleum Exporting Countries (OPEC).
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2024-05-05 14:27
We are not happy to see sanctions against Iran, says OPEC secretary general
TEHRAN - OPEC Secretary General, Haitham Al Ghais, has said that sanctions against Iran distort the normal flow of oil in the global market.
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2023-12-25 21:48
By Heshmatollah Razavi
OPEC Challenges
Angola announced on Thursday that it is leaving OPEC. The country is the latest member of OPEC which decides to quit the organization.
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2023-12-01 14:19
Iran elected as OPEC conference alternate president in 2024
TEHRAN - Gabon and Iran have been elected as president and alternate president of the Conference of Ministers of the Organization of Petroleum Exporting Countries (OPEC) for 2024, respectively, Shana reported.
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2023-11-12 12:05
Iran oil production rises in October: survey
TEHRAN - Iran, which has gained an exemption from OPEC cuts deal due to U.S. sanctions, increased production to 3.05 million barrels per day (bpd) in October, as pipeline issues that affected production and exports in September were resolved, according to a survey conducted by S&P Global Commodity Insights Platts.
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2023-10-15 12:53
Iran’s September oil output rises 15,000 bpd: OPEC
TEHRAN - Iran produced 3.058 million barrels per day (bpd) of crude oil in September, registering a 15,000-bpd increase compared to the previous month, according to OPEC’s latest monthly report.
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2023-09-16 12:45
Iran becomes 3rd top oil producer among OPEC members: report
TEHRAN - Iran continued to increase its oil production in August to reach three million barrels per day (bpd) and stand at the third place among OPEC top producers, according to figures released in the organization’s latest monthly report.
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2023-07-07 14:30
Iranian oil minister pursues energy diplomacy in Vienna
TEHRAN – Iranian Oil Minister Javad Oji who traveled to Vienna to attend the 8th OPEC International Seminar, held talks with several energy officials on the sidelines of the event to pursue the Islamic Republic’s energy diplomacy in the region.
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2023-06-17 11:25
Sanctions on Iran disrupts energy supply: ex-deputy oil minister
TEHRAN – The former Iranian deputy oil minister has said that the sanctions imposed on the Islamic Republic are considered a disruption of energy supply and that Iran will definitely break these sanctions, IRNA reported.
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2023-06-05 16:54
OPEC+ wraps up 35th meeting, deciding on 40.46 mb/d of output in 2024
TEHRAN - OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies led by Russia, has decided to adjust the level of overall crude oil production to 40.46 million barrels per day (mb/d) in 2024.
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2023-04-14 11:39
Iranian oil production up 37,000 bpd in Q1: OPEC
TEHRAN- In its latest report, the Organization of the Petroleum Exporting Countries (OPEC) announced the increase of 37,000 barrels per day (bpd) of Iranian oil production in the first quarter of 2023, and announced the average price of Iranian heavy oil in this period at $80.67.
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2022-08-05 12:24
Iran to continue constructive cooperation with OPEC: Oji
TEHRAN – Iranian Oil Minister Javad Oji has said the country will continue constructive interactions with the Organization of Petroleum Exporting Countries (OPEC) and will support the organization’s new director general, Shana reported.
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2022-07-06 10:38
OPEC outgoing secretary-general Sanusi Barkindo dies
Muhammad Sanusi Barkindo, the Secretary-General of the Organization of Petroleum Exporting Countries (OPEC), is dead.
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2022-02-19 15:57
OPEC+ would seek to woo Iran into supply cut deal post sanctions
TEHRAN - Sources close to the Organization of Petroleum Exporting Countries (OPEC) have told Reuters that OPEC+ is expected to persuade Iran to join the group’s cut deal if the U.S. sanctions are lifted from the country’s oil industry.
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2022-02-04 13:17
Oil market requires Iranian oil supply to balance: Oji
TEHRAN – Iranian Oil Minister Javad Oji has said the global oil market requires Iranian crude oil supply to meet the current demand and maintain balance, Shana reported.
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2022-01-24 15:17
‘Iran-Russia energy co-op to increase unanimity in OPEC+’
TEHRAN - Iran's former OPEC Governor Mohammad Ali Khatibi has said strengthening energy cooperation between Iran and Russia is going to bring the two countries even closer in international forums like OPEC+, Shana reported.
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2021-10-05 16:18
Iran ready to resolve global energy crisis if sanctions lifted: minister
TEHRAN - Iranian Oil Minister Javad Oji has said the country is ready to resolve the global energy crisis provided that the oppressive U.S. sanctions are lifted.