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Iranpress: OPEC, Russia agreed to cut oil production by 10m barrels a day

OPEC, Russia agreed to cut oil production by 10m barrels a day

Friday, 10 April 2020 02:31

OPEC and Russia agreed on Thursday to make deep cuts to oil production, ending a weeks-long market-share war that put further pressure on prices already reeling from the biggest demand collapse in history.

Iranpress: Iran announces stance on coming OPEC meeting

Iran announces stance on coming OPEC meeting

Tuesday, 07 April 2020 21:48

Tehran (IP)- Iran's oil minister has announced consultations with some oil producers about the upcoming meeting of the Organization of the Petroleum Exporting Countries (OPEC).

Iranpress: Iran

Iran's Zangeneh: Today's OPEC meeting, a worst in history

Friday, 06 March 2020 22:00

Iran's oil minister called the joint OPEC and non-OPEC oil ministerial meeting the worst meeting in the organization's history ended on Friday, with no result.

Iranpress: OPEC and non OPEC exporters fail to agree on supply cut

OPEC and non OPEC exporters fail to agree on supply cut

Friday, 06 March 2020 21:38

OPEC and non-OPEC oil-exporting countries failed to agree on how much oil production to cut amid the coronavirus outbreak, with Russia reportedly refusing to give the green light to the deepest supply cuts since the global financial crisis.

Iranpress: OPEC waiting for non-OPEC approval of historic output cuts

OPEC waiting for non-OPEC approval of historic output cuts

Friday, 06 March 2020 14:13

Iranian Minister of Petroleum Bijan Zangeneh says OPEC has decided to wait for an agreement with non-OPEC allies to consider major cuts in the group’s output to shore up oil prices.

Iranpress: OPEC officials greet with their feet, avoiding hugs

OPEC officials greet with their feet, avoiding hugs

Thursday, 05 March 2020 08:49

As the world battles a coronavirus outbreak, OPEC ministers attending the meeting in Vienna greet with their feet while avoiding hugs.

Iranpress: Reducing budget dependency on oil revenues is the main feature of 1399 budget

Reducing budget dependency on oil revenues is the main feature of 1399 budget

Monday, 24 February 2020 11:38

Tehran (IP) - During today's Parliament open session, the Integration Commission report on the Budget of the year 1399 (starting on 2020, March 21) was presented.

Iranpress: Iran

Iran's oil Rig called 'Rig 72 Fath' inaugurated in Khuzestan

Tuesday, 18 February 2020 17:41

Tehran (IP) - Iranian Minister of Petroleum Bijan Zangeneh has inaugurated a domestically-built drilling oil Rig called 'Rig 72 Fath' in Southern city of Ahvaz in Khuzestan province, southwestern Iran on Tuesday.

Iranpress: Photo: Iranian Ministers of Petroleum, Science visit Start-ups exhibitions

Photo: Iranian Ministers of Petroleum, Science visit Start-ups exhibitions

Sunday, 16 February 2020 13:39

Tehran (IP) - Iranian Minister of Petroleum, Bijan Zangeneh along with the Minister of Science, Research and Technology visited an exhibition of oil industry gathered by start-ups in the field. 104/219

Iranpress: Urgent OPEC meeting needs prior mutual understanding: Oil Minister

Urgent OPEC meeting needs prior mutual understanding: Oil Minister

Saturday, 08 February 2020 20:32

Tehran (IP) - Oil Minister Bijan Namdar Zangeneh said if an early ministerial meeting was to be held, an agreement had to be reached prior to the meeting rather than discussing an agreement during the meeting.

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