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July 01, 2025
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Oil Price
Gore-Jask pipeline, most strategic oil project of Iran
Saturday, 27 June 2020 12:04
Tehran (IP) - Gore-Jask crude oil pipeline project, south of Iran, inaugurated by Iran's President on Thursday, June 26, is one of the most strategic gas and oil projects of the country.
Gasoline price rises in Saudi Arabia
Thursday, 11 June 2020 07:52
Gasoline prices rose in Saudi Arabia following the fall in world oil prices and the outbreak of the coronavirus.
No Room for noncompliance over OPEC+ production cuts: Saudi Arabia
Tuesday, 09 June 2020 13:14
Saudi Energy Minister Prince Abdulaziz bin Salman said during a virtual press conference on Monday that there is no room whatsoever for lack of conformity.
Iran: OPEC to keep cutting output if Non-OPEC agrees
Saturday, 06 June 2020 19:53
Tehran (IP) - Iran’s Minister of Petroleum said OPEC ministers agreed on Saturday to continue cutting 9.6 Million Barrels Per Day (MMbd) from their output provided that non-member allies agree on it.
Iran names new OPEC governor
Saturday, 06 June 2020 18:45
Tehran (IP) - Iran’s Deputy Minister of Petroleum for International Affairs, Amir-Hossein Zamaninia, has been accepted as the country’s new OPEC governor.
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.
Putin, Al-Kadhimi discuss oil market, Syria over phone
Monday, 25 May 2020 22:31
During a phone conversation with Iraqi Prime Minister Mustafa al-Kadhimi on Monday, Russian President Vladimir Putin talked about the global oil market and the situation in Syria, the Kremlin said in a statement.
Nigeria Is running out of places to put its LNG production
Wednesday, 13 May 2020 19:09
The west African nation, one of the world’s top producers of the superchilled fuel, continued to send out tankers of LNG even as demand slumped in line with the virus-stricken global economy.
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.
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