The OPEC 175th ministerial meeting was held in Vienna at a time some member states were unhappy with unilateral decisions adopted by some fellow members without having won OPEC consensus.
News ID: 3179 Publish Date : 2019/01/06
Iran is currently exporting 36.24 million cubic meters of gas on a daily basis, which marks a 45% rise in comparison with the figures of the last calendar year (March 21, 2017- March 20, 2018).
News ID: 3134 Publish Date : 2019/01/01
Base oil prices in the Baltic and Black Sea markets held in a relatively narrow range throughout 2018.
News ID: 3103 Publish Date : 2018/12/28
Exports of Russia n ESPO Blend crude to China will continue to rise in 2019 as other Asia-Pacific refiners turn to alternative light crudes.
News ID: 3100 Publish Date : 2018/12/28
Russia 's state-owned nuclear power company Rosatom has offered Chile's government technology it says can boost output of lithium, a key ingredient in electric vehicle batteries, according to lobbyist transparency filings reviewed by Reuters.
News ID: 3097 Publish Date : 2018/12/28
Russia n Energy Minister Alexander Novak said on Wednesday that oil prices, which fell by more than a third this quarter, would become more stable in the first half of 2019.
News ID: 3085 Publish Date : 2018/12/27
The non-oil exports from Iran’s Northern Province of Mazandaran in the first 3 quarters of the current Iranian year (started on March 21, 2018) has surpassed $339 million which indicates a 12% increase in comparison with the corresponding period last year.
News ID: 3073 Publish Date : 2018/12/25
Oil ministers from leading OPEC nations said Sunday they expect prices will arrest their recent slide and rebalance early next year when a deal on new production cuts takes effect.
News ID: 3067 Publish Date : 2018/12/25
About 420,000 tons of agricultural products cultivated in greenhouses worth 10 trillion rials ($98 million) are exported from Iran’s central Yazd Province every year.
News ID: 3060 Publish Date : 2018/12/24
OPEC and its allies have formalized their production quotas under their new supply deal, with Saudi Arabia, the world's largest crude exporter, committing to a 322,000 bpd cut from its October level.
News ID: 3058 Publish Date : 2018/12/24
Contrary to initial reports that OPEC will not make public the country quotas in the new production cut deal, the organization now plans to publish a table of each OPEC and non-OPEC individual quotas in an attempt to inject some positive sentiment in a crashing oil market, OPEC’s Secretary General Mohammad Barkindo wrote in a letter seen by Reuters.
News ID: 3038 Publish Date : 2018/12/23
Russia n energy minister Alexander Novak expects his country's crude oil output in 2019 to be around 555-556 million tons (11.145-11.165 million barrel per day) but said this figure could be revised downwards due to OPEC+ agreements to cut production.
News ID: 3002 Publish Date : 2018/12/20
Russia exported 36.65 million barrels less crude oil in the first ten months of the year, not least because of its participation in the OPEC+ pact to reduce global supply.
News ID: 2947 Publish Date : 2018/12/17
Chairmen of the Iranian and Russia n chambers of commerce, in a meeting in Tehran, agreed to cooperate on annual Iran- Russia trade conference, urging the governments in Tehran and Moscow to extend backing to the private sectors in the climate of sanctions.
News ID: 2868 Publish Date : 2018/12/09
Iranian Energy Minister Reza Ardakanian stressed that Iran and Russia that are both facing Washington’s sanctions have a lot of common views and mutual understanding.
News ID: 2798 Publish Date : 2018/12/03
Russia and Saudi Arabia agreed to extend into 2019 their agreement to manage the oil market, known as OPEC+, although the two sides have yet to agree on any fresh output cuts.
News ID: 2795 Publish Date : 2018/12/03
Russia n President Vladimir Putin signed a bill ratifying a temporary agreement on the formation of a free trade zone between the Eurasian Economic Union and Iran on Wednesday.
News ID: 2766 Publish Date : 2018/12/01
Oil’s on track for its worst month in a decade on growing fears over a global supply glut that’s been exacerbated by American waivers to Iranian crude buyers.
News ID: 2762 Publish Date : 2018/12/01
Iran’s Minister of Roads and Urban Development Mohammad Eslami said Russia has decided to open a €3 billion credit line to finance the international North-South Transport Corridor (NSTC) which connects India to Russia via Iran.
News ID: 2676 Publish Date : 2018/11/21
Russia may launch settlements with Iran in national currencies in order to continue bilateral cooperation despite the US sanctions against Tehran, Russia n Energy Minister Alexander Novak said.
News ID: 2665 Publish Date : 2018/11/20