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Iran oil export
OPEC, oil nations reach deal to cut oil production by 9.7 million barrels per day
Monday, 13 April 2020 02:52
The Organization of the Petroleum Exporting Countries (OPEC), Russia and other oil-producing nations agreed Sunday to cut output by a record amount, representing around 10 percent of global supply to support oil prices amid the coronavirus pandemic.
OPEC, non-OPEC agree 10m-bpd decrease in production
Friday, 10 April 2020 15:29
Tehran (IP)- Iran’s Minister of Oil reported an agreement of a 10m-barrel-per-day decrease in oil production of the member states of OPEC and non-OPEC.
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.
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).
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.
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.
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.
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.
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.
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.
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