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Total to ink $4 billion Iran gas deal before summer
May 27, 2017 10:00Iran will sign a $4 billion deal with France’s Total to develop phase 11 of the giant South Pars gas field before summer, Minister of Petroleum Bijan Zangeneh says.
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Iran not expecting OPEC call to cut output: Zanganeh
May 24, 2017 09:08Petroleum Minister Bijan Zanganeh says he does not expect the Organization of the Petroleum Exporting Countries (OPEC) to call on the Islamic Republic to reduce its oil production when it meets to discuss extending an oil output deal tomorrow.
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Iran to send oil minister to OPEC meeting in Vienna
May 23, 2017 12:17Iran's Oil Minister Bijan Zanganeh is scheduled to leave Tehran for Vienna to attend the 172nd meeting of the member countries of the Organization of the Petroleum Exporting Countries (OPEC).
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Iran says supports extending oil output cuts
Apr 16, 2017 10:41Iran has indicated its support for extending a crucial oil output agreement by world’s biggest producers that helped stabilize prices in markets since its implementation early this year.
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Iran’s oil output to reach 4mn/b next March
Apr 12, 2017 12:26Iran’s Oil Minister says he expects the country’s overall oil production capacity to reach around four million barrels per day (mb/d) by next March.
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Iran sold all oil stored at sea – report
Apr 06, 2017 08:05Oil market sources say Iran has sold all the oil it had stored at sea for years – a sign of the country’s positive performance in marketing its vital crude oil supplies.
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Iran: Oil exports near record 3 million bpd
Apr 01, 2017 09:30Total exports of crude oil and gas condensate by Iran neared a record 3 million barrels per day (bpd) in the Persian month of Esfand which ended on March 21, Minister of Petroleum Bijan Zangeneh says.
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Iran using gas injections to boost oil output
Mar 16, 2017 11:36Speculations are emerging in media that Iran is injecting huge amounts of natural gas into its aging oil fields to boost its production of crude oil.
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Asian imports of Iran’s oil up about 70%
Feb 28, 2017 10:02The latest market figures show that imports of Iranian crude oil by Asia's four main buyers increased by about 70 percent in January.
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Russia to buy 100,000 bpd of Iran oil: Russian Minister
Feb 27, 2017 11:33Energy Minister Alexander Novak says Russia is negotiating daily purchases of 100,000 barrels of crude oil from Iran.