Iranian Oil Minister Bijan Namdar Zanganeh arrived in Vienna on Wednesday to take part in the 178th Meeting of the Organization of the Petroleum Exporting Countries (OPEC), Shana news agency reported.
News ID: 8638 Publish Date : 2020/03/04
Average daily gasoline consumption in Iran has fallen another 10 percent to reach 70 million liters following the implementation of the rationing scheme, according to National Iranian Oil Products Distribution Company (NIOPDC)’s planning director.
News ID: 8636 Publish Date : 2020/03/05
National Iranian Oil Company (NIOC)’s deputy director for development and engineering affairs says the development operations of South Pars gas field’s phase 11 of development are going to be started in near future, Shana reported.
News ID: 8633 Publish Date : 2020/03/04
All the offshore operations of the development project of Iran’s South Pars gas field (in the Persian Gulf), except for phase 11, will be completed by the end of the current Iranian calendar year (March 19, 2020), Mohammad Meshkinfam, the managing director of Pars Oil and Gas Company (POGC), announced.
News ID: 8632 Publish Date : 2020/03/04
Iran’s Oil Minister Bijan Namdar Zanganeh said Friday’s “fruitless” meeting of the OPEC+ in Vienna was one of the worst meetings in the history of the organization.
News ID: 8602 Publish Date : 2020/03/07
Iran has managed to indigenize production of a vast portion of oil and gas industry equipment which has led to saving more than $7 billion in the past 5 years when sanctions had made it difficult for the country to import needed machinery for its energy sector, Khatam-al Anbiya Construction Headquarters said.
News ID: 8601 Publish Date : 2020/03/07
Iranian Oil Minister Bijan Namdar Zangeneh said that the joint ministerial meeting of the 14-state Organization of Petroleum Exporting Countries (OPEC) plus 10 more friendly oil producers such as Russia (which together make up OPEC+) on Friday in Vienna did not bear any fruit as the participants failed to reach a unanimous decision.
News ID: 8598 Publish Date : 2020/03/07
Opec member countries are meeting allied producers in Vienna today, tasked with the challenge of persuading Russia and other non-Opec partners to sign up to a collective output cut of 1.5mn b/d for the remainder of the year.
News ID: 8588 Publish Date : 2020/03/06
Today's scheduled meeting between Opec and allied non-Opec producers in Vienna has been delayed as various non-Opec participants hold bilateral discussions.
News ID: 8586 Publish Date : 2020/03/06
Tension and uncertainty over Guyana's parliamentary election results have clouded the forecast for the country's emerging oil industry.
News ID: 8583 Publish Date : 2020/03/06
Opec+ is discussing cutting as much as 1mn b/d from current oil production quotas, which could take the group's total cuts to 3.1mn b/d below October 2018 levels, sources say.
News ID: 8574 Publish Date : 2020/03/04
OPEC could deliver a larger-than-expected production cut at its meeting later this week, according to MUFG Bank.
News ID: 8568 Publish Date : 2020/03/03
Kuwait's oil minister Khaled al-Fadhel said today he supports Opec+ efforts to reduce the surplus in oil stocks as the coronavirus outbreak weighs on demand and prices.
News ID: 8557 Publish Date : 2020/03/03
Opec will deny journalists access to the secretariat in Vienna during its meetings this week to reduce the risk of exposure to the coronavirus.
News ID: 8555 Publish Date : 2020/03/03
Opec+ countries plan to discuss a "new, substantial" cut in production this week and appear to have already reached an agreement to extend current quotas, Algerian energy minister Mohamed Arkab said today.
News ID: 8552 Publish Date : 2020/03/03
Oil prices rebounded more than $1 a barrel after earlier hitting multi-year lows on Monday, as hopes of a deeper cut in output by OPEC and stimulus from central banks countered worries about damage to demand from the coronavirus outbreak.
News ID: 8547 Publish Date : 2020/03/02
Iran’s export of petrochemical products has grown by 5 percent in the first 10 months of the current local calendar year (March 21, 2019-January 20, 2020), as compared to the corresponding period last year, said Spokesman of Iran's Oil, Gas and Petrochemical Products Exporters' Union Seyed Hamid Hosseini.
News ID: 8543 Publish Date : 2020/03/02
The opposition-controlled US arm of Venezuelan state-owned PdV struck a deal with Aruba's government to transfer operation of a dormant refining asset inherited from its Caracas-based parent.
News ID: 8538 Publish Date : 2020/03/02
The opposition-controlled US arm of Venezuelan state-owned PdV struck a deal with Aruba's government to transfer operation of a dormant refining asset inherited from its Caracas-based parent.
News ID: 8538 Publish Date : 2020/03/02
The Opec+ group will meet in Vienna this week as planned, despite growing concerns over coronavirus, Opec sources told Argus.
News ID: 8534 Publish Date : 2020/03/02
