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August 02, 2025
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Organization of the Petroleum Exporting Countries
OPEC and allies agree to extend record production cut
Saturday, 06 June 2020 17:13
OPEC and its oil-producing allies agreed to extend their current deal to slash production that was set to expire at the end of June.
OPEC and OPEC Plus ministers meet on Saturday
Saturday, 06 June 2020 02:13
The OPEC and OPEC Plus oil ministers' meeting, scheduled for June 9 and 10, will be held virtually on Saturday (June 6) at 2 and 4 p.m., Vienna time, respectively.
Venezuela oil minister appreciates Iran
Sunday, 24 May 2020 08:39
With the approaching of "Fortune" Iranian oil tanker to Venezuela, the country’s new oil minister Tareck El-Aissami appreciated Iran.
OPEC head sends letter of condolences to Zangeneh on death of Iran's governor
Saturday, 16 May 2020 20:17
Mohammad Sanusi Barkindo, Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), sent an official letter of condolences to the Iranian Minister of Petroleum Bijan Zangeneh to express his sorrow for the death of Hossein Kazempour Ardebili, Iran’s OPEC governor.
Zarif offers condolences over demise of Iran's OPEC governor
Saturday, 16 May 2020 10:19
Tehran (IP) - Iran's Foreign Minister expressed condolences on the loss of the country's OPEC governor Hossein Kazempour Ardebili.
China warns politicizing factors in combating Coronavirus
Saturday, 16 May 2020 08:09
Vienna (IP) - A Chinese envoy has called on the international community to work together with a common response to minimize the impact of 'politicizing factors' in the fight against the novel Coronavirus.
Iran's OPEC governor dies after brain haemorrhage
Saturday, 16 May 2020 07:38
Tehran (IP) - Iran's OPEC Governor Hossein Kazempour Ardebili has died of a brain hemorrhage two weeks after falling into a coma on Saturday morning.
Energy ministers of Russia and Saudi Arabia discuss oil market situation
Wednesday, 13 May 2020 17:39
Russian Energy Minister Alexander Novak held a phone conversation with Saudi Energy Minister, Crown Prince Mohammed bin Salman al-Saud, during which they confirmed commitment to oil market stability and balance restoration, the Russian Energy Ministry said on Wednesday.
OPEC alone cannot solve problem of oil market: Iran's Oil Minister
Wednesday, 22 April 2020 15:59
Tehran (IP) - Given the increase in supply and decrease in demand, as well as the uncertainty regarding the time when the Coronavirus will end, the oil market needs global cooperation, and OPEC alone cannot solve the problem of the oil market.
G20 agrees to reduce oil production by 3.7 mb/d: Iran Oil Minister
Monday, 13 April 2020 09:36
Tehran (IP) - Iran's Oil Minister Bijan Namdar Zanganeh said on late Sunday that G20 countries agreed to reduce oil production by 3.7 million barrels per day.
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