Non-OPEC

Iran stresses necessity for OPEC+ countries cooperation

TEHRAN, Oct. 08 (MNA) – Iran’s permanent Envoy in Vienna-based International Organizations Mohsen Naziri Asl in a meeting with the Secretary General of OPEC Haitham Al Ghais stressed the importance of cooperation among OPEC+ countries.

Oil min.:

Iran expresses readiness to increase world’s energy security

TEHRAN, Sep. 06 (MNA) – Iranian Minister of Petroleum Javad Owji said that Iran is ready to increase the security of energy in the world.

Global oil market needs a rise in Iran supplies: oil minister

TEHRAN, Jul. 01 (MNA) – Jeopardizing energy security and heightening market volatility have borne lose-lose outcomes for all players, Iranian Minister of Petroleum said on Friday, adding global oil market needs an increase in Iran oil supply.

Oil min.:

Iran welcomes intl. investors to secure global energy supply

TEHRAN, Apr. 01 (MNA) – Oil Minister Javad Owji said that Iran welcomes local and international investors to develop oil and gas upstream sectors in a bid to help maintain and improve the security of the global energy supply in upcoming years.

21st OPEC Plus meeting kicks off

TEHRAN, Oct. 04 (MNA) – The 21st meeting of Oil and Energy ministers of the Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC Plus Coalition) kicked off in Austrian capital Vienna on Mon. through video conference.

'OPEC+ cannot ignore Iran's return to oil market'

TEHRAN, Jul. 18 (MNA) – Iranian oil minister Bijan Zanganeh said after the Sunday meeting of OPEC+ that Iran's return to the global oil market is important and effective, adding that OPEC+ cannot ignore this issue.

Oil min.:

Iran to return to oil market as soon as sanctions lifted

TEHRAN, Jul. 03 (MNA) – Iranian Minister of Oil Bijan Zanganeh said that Islamic Republic of Iran will swiftly return to the global oil market after sanctions imposed on the country are lifted.

OPEC+ agrees on crude oil cuts

TEHRAN, Apr. 02 (MNA) – OPEC and its allies reached a consensus on Thursday on easing crude oil output cuts by 350,000 bpd for May and June, and by 450,000 bpd as of July.

15th OPEC+ meeting kicks off virtually

TEHRAN, Apr. 01 (MNA) – The 15th meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies, a grouping called OPEC+, began minutes ago via video conference.

Iran’s Zanganeh departs for Moscow to hold energy talks

TEHRAN, Dec. 20 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh left Tehran for Moscow Sunday morning to hold talks with Russia’s senior officials.

OPEC+ decision was wise: Zanganeh

TEHRAN, Dec. 04 (MNA) – Iranian Minister of Oil Bijan Zanganeh said that the crude oil output cuts will decrease from previously-agreed amount of 7.7 million bpd to 7.2 million bpd in January 2021, down 500,000 bpd, adding it was a wise decision.

180th meeting of the OPEC Conf. kicks off

TEHRAN, Nov. 30 (MNA) – The 180th meeting of the Organization of the Petroleum Exporting Countries (OPEC) Conference Kicked off in Vienna on Monday, with an OPEC+ meeting.

Agreement between OPEC members ‘goes ahead’ as predicted: Zanganeh

TEHRAN, Jun. 06 (MNA) – After the 179th meeting of oil and energy ministers of OPEC held on Saturday, Iranian Oil Minister Bijan Namdar Zanganeh said the agreement made between OPEC member states went ahead as planned.

OPEC unable to handle current situation solely: Zanganeh

TEHRAN, Apr. 22 (MNA) – Iran’s Oil Minister Bijan Namdar Zanganeh said the Organization of the Petroleum Exporting Countries cannot solely handle the current market issues, urging other producers' commitment in this regard.

G20 to cut output by 3.7mbd along with 9.7mbd by OPEC+: Zanganeh

TEHRAN, Apr. 13 (MNA) – Iranian Oil Minister Bijan Zanganeh said OPEC+ had just struck a deal to cut the group’s output by 10 million barrels per day (including 300,000b/d by US) in May and June 2020 which would be accompanied by G20’s decision to cut its oil output by 3.7 mbd for a year.

Oil price surges following OPEC+ meeting

TEHRAN, Apr. 09 (MNA) – Oil prices have reported a dramatic surge during the meeting of OPEC+ members, according to trading data.

Iran’s oil min. holds talk with three OPEC, Non-OPEC members on oil market

TEHRAN, Apr. 08 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh held a phone talk on Tue. with oil ministers of three OPEC and Non-OPEC members.

Oil price crashes 30% as markets open

TEHRAN, Mar. 09 (MNA) – Oil prices crashed as much as 30% within seconds of the market opening on Sunday evening after the Organization of the Petroleum Exporting Countries (OPEC) failed to strike a deal on output cut on Friday.

OPEC, non-OPEC agreement reachable before April: Zanganeh

TEHRAN, Mar. 07 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh says OPEC+ could reach an agreement to consider deeper cuts in the group’s output before the end of March.

OPEC pegs deeper cuts at Non-OPEC support: Zanganeh

TEHRAN, Mar. 06 (MNA) – Iranian Minister of Petroleum Bijan Zangeneh said oil producers at OPEC had uniformly proposed a major cut in the group’s crude oil output but waited for non-OPEC allies, especially Russia, to back the move by considering cuts in their production.

Major output cut awaiting non-OPEC desicion

TEHRAN, Mar. 05 (MNA) – Iranian Oil Minister Bijan Zanganeh said that OPEC had decided to wait for an agreement of non-OPEC allies to consider major cuts in the group’s output to shore up oil prices.

Oil market faces oversupply: Oil min.

TEHRAN, Mar. 05 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh said that oil market is facing oversupply and termed balance between supply and demand in favor of both producer and consumer.

Oil min. holds phone talk with Russia’s energy min. on reducing oil output

TEHRAN, Feb. 20 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh held a phone conversation with the Russian Energy Minister Alexander Novak on Thu. with regards to the cooperation of the two countries within the framework of OPEC Plus.