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West should adopt rational approach to world energy security: Iranian oil minister

Wednesday, 03 August 2022 21:46
Tehran (IP)- In the current conditions, sustainable and constant cooperation in the OPEC+ could help consumers, the Iranian Petroleum Minister said on Wednesday, expressing hope that major western governments understand the sensitivities properly and adopt a rational approach to achieve energy security.

31st OPEC+ ministerial meeting wrapped up

Wednesday, 03 August 2022 21:38
Tehran (IP)- The 31st OPEC and non-OPEC Ministerial Meeting was held via video conference on Wednesday, August 3, 2022, under the chairmanship of Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman, and Co-Chair Deputy Prime Minister of the Russian Federation, Alexander Novak.

Tehran will continue constructive interaction with OPEC: Oil minister

Wednesday, 03 August 2022 20:53
Tehran (IP) - Iranian Oil Minister said on Wednesday Iran, as a founding member of the Organization of Petroleum Exporting Countries (OPEC), would continue its constructive interaction with the OPEC.

OPEC SG. Dies at 63

Wednesday, 06 July 2022 11:48
Tehran (IP) - Secretary-General of the Organisation of the Petroleum Exporting Countries (OPEC) Muhammad Sanusi Barkindo died on Tuesday at 63.

World Newspapers: Biden to visit Saudis in bid to repair ties

Friday, 03 June 2022 21:27
Tehran (IP) - US President Joe Biden has decided to travel to Saudi Arabia in the coming weeks and is expected to meet with the kingdom’s crown prince, whom he once shunned for his brutality. It’s a visit coming together as OPEC+, which Riyadh leads, announced Thursday it will pump more oil amid skyrocketing energy costs around the globe.

OPEC Sec. Gen. Message to Iran Oil Show

Wednesday, 18 May 2022 11:06
OPEC Secretary-General Mohammad Sanusi Barkindo sent a message to organizers of the 26th Iran International Oil, Gas, Refining and Petrochemical Exhibition held here in Tehran on 13-16 May 2022.

World Newspapers: For India, Russian oil is hard to turn down

Saturday, 07 May 2022 21:19
India is trying to get deeper discounts on Russian oil to compensate for the risk of dealing with the OPEC+ producer as other buyers turn away.206

OPEC+ decides to keep oil prices high

Friday, 06 May 2022 21:31
IP- OPEC+’s decision to gradually increase oil output based on the previously reached agreements will help keep oil prices high, said experts interviewed by Izvestia. The group’s member states plan to raise oil production by 432,000 barrels per day in June 2022. Experts believe that the move will benefit Russia as it does not impose impossible obligations on the country in terms of production increase.

OPEC tells EU not possible to replace potential russian oil loss

Tuesday, 12 April 2022 01:05
OPEC told the European Union on Monday that current and future sanctions on Russia could create one of the worst ever oil supply shocks and it would be impossible to replace those volumes.

OPEC+ ministerial meeting ends with new decisions

Thursday, 31 March 2022 19:07
IP- The 27th OPEC and non-OPEC Ministerial Meeting, which started virtually, ended on Thursday after announcing new decisions on oil production.