TEHRAN, Dec. 01 (DAY) – OPEC+ oil producers on Thursday agreed to voluntary output cuts totalling about 2.2 million barrels per day (bpd) for early next year led by Saudi Arabia rolling over its current voluntary cut.
TEHRAN, Nov. 29 (DAY) – The US Energy Information Administration in its latest report announced that Iran produced 3.1 million barrels of oil per day in October 2023, stabilizing its third place in the Organization of Petroleum Exporting Countries.
Caracas to back OPEC measures encouraging dialogue in region
TEHRAN, Nov. 19 (DAY) – Caracas will support any possible measures in OPEC to encourage Israel and Palestine to launch a dialogue, Venezuelan Foreign Minister Yvan Gil Pinto said.
Iran’s oil output tops 3 million bpd in October: OPEC
TEHRAN, Nov. 14 (DAY) – Iran’s crude oil production volume in October 2023 reached 3.115 million barrels per day (bpd), showing a 46,000-barrel hike compared to a month earlier.
Iran’s oil revenues up 67% to $42.6 bn in 2022: OPEC
TEHRAN, Jul. 23 (DAY) – Figures by the Organization of Petroleum Exporting Countries (OPEC) show that Iranian oil export revenues rose by 67% last year despite continued pressure of American sanctions on the country.
Iran oil minister, GECF head discuss gas market developments
TEHRAN, Jul. 07 (DAY) – Iranian Oil Minister Javad Owji and Secretary General of the Gas Exporting Countries Forum (GECF) Mohamed Hamel here on Thursday held talks on the latest developments in the global gas market.
Iran, UAE to expand cooperation in oil field
TEHRAN, Jul. 06 (DAY) – Iranian Oil Minister Javad Owji and UAE’s Minister of Energy and Infrastructure Suhail Mohamed Al Mazrouei in a meeting stressed the need for expanding cooperation between the two countries in the oil field.
Iranian, Saudi ministers hold energy talks in Vienna
TEHRAN, Jul. 06 (DAY) – Iran’s Oil Minister Javad Owji and Saudi Minister of Energy Abdulaziz bin Salman held energy talks on Wednesday on the sidelines of the 8th OPEC International Seminar.
Iran signed deals worth $40b in 20 months
TEHRAN, Jul. 05 (DAY) – Iran’s oil minister on Wednesday said his country has signed contracts worth $40 billion with domestic and foreign companies over the past 20 months.
“Iran will definitely defeat sanctions on its oil exports”
TEHRAN, Jun. 16 (DAY) – Iran will definitely overcome the sanctions on the country’s oil exports, the Iranian deputy oil minister said in a meeting of OPEC countries on Friday.
Saudi Crown Prince threatened to damage US economy: media
TEHRAN, Jun 09 (DAY) – Crown Prince bin Salman privately threatened to harm the American economy after Biden warned Riyadh of “consequences” for agreeing on an oil production cut with Russia, an American newspaper reported, citing leaked material.
SA pledges oil cuts in July as OPEC+ extends deal into 2024
HRAN, Jun. 05 (DAY) – Saudi Arabia will make a deep cut to its output in July on top of a broader OPEC+ deal to limit supply into 2024 as the group seeks to boost flagging oil prices.