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OPEC secretary general highlights Iran’s important role in stabilizing oil market
Aug 01, 2022 15:27The secretary general of the Organization of the Petroleum Exporting Countries (OPEC) says Iran is one of the most important founding members of the intergovernmental energy body and plays a significant role in bringing stability to the global oil market.
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Iran, OPEC grieve sudden death of Nigeria’s Barkindo
Jul 06, 2022 07:48Mohammad Barkindo, the secretary general of the Organization of the Petroleum Exporting Countries (OPEC), has passed away unexpectedly at the age of 63.
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Iran’s oil output up 1.4% to 2.564 mln bpd in April: OPEC
May 17, 2022 23:54Iran’s oil production rose slightly in April against the first quarter this year, OPEC figures show, as a media report claims Iran’s crude export volumes remained stable last month despite reports suggesting that shipments to China had declined because of higher Russian exports to the East Asian country.
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GECF ought to model itself on OPEC to defeat US terrorism
Feb 25, 2022 16:57What is needed is a collective strategy based on cooperation among the GECF countries on the model of the Organization of Petrol Exporting Countries (OPEC), so that member states, in addition to their policy of providing fuel for economic development, will possess the clout to thwart and defeat the economic terrorism of the US.
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Nigerian minister upbeat Iranian supplies will boost markets
Feb 23, 2022 03:42Nigerian’s Oil Minister Timipre Sylva says there is no need for a further increase in crude production by the OPEC+ alliance of oil exporting countries as he is upbeat that an international deal on Iran’s nuclear program can be revived soon allowing more supplies from the country into the global oil markets.
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Figures by OPEC sources confirm Iran oil output rose in 2021: Report
Feb 16, 2022 02:43Figures by the Organization of Petroleum Exporting Countries (OPEC) have confirmed a rising trend in Iranian oil output last year despite sanctions imposed on the country by the United States, shows a report by IRNA.
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World needs Iran’s oil to cap surging prices: Oil minister
Feb 02, 2022 14:04Oil Minister Javad Owji has announced the country is ready o supply more oil to the global markets amid concerns that crude prices could rise as high as $100 barrels.
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Iran crude oil output up 0.8% in September: OPEC sources
Nov 07, 2021 04:18Latest figures by the Organization of Petroleum Exporting Countries (OPEC) show that Iran’s crude output rose slightly in September to reach 2.503 million barrels per day (bpd).
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Minister: Sanctions deprived Iran of $100 billion in oil revenues
Sep 02, 2021 06:11New Minister of Petroleum Javad Owji says the "tyrannical" US sanctions have deprived Iran of 1.8 billion barrels of oil exports and more than $100 billion of revenues.
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Iran crude output up 28% y/y in July to nearly 2.5 million bpd: OPEC data
Aug 19, 2021 00:55Latest data by the Organization of Petroleum Exporting Countries (OPEC) shows Iran continued to increase its crude oil output in the calendar month to late July.