OPEC

Recent OPEC meeting dealt another blow to Americans: Pres. Rouhani

TEHRAN, Dec. 09 (MNA) – Iranian President Hassan Rouhani has hailed OPEC member states' resistance against US pressures in the recent meeting in Vienna as another failure for the United States.
2018-12-09 21:24
Political squabbles among OPEC members have weakened its efficacy: Prof. Entessar

TEHRAN, Dec. 09 (MNA) – Touching upon the Qatar’s reasons to withdraw from OPEC, Prof. Entessar said political squabbles among its members have weakened OPEC's efficacy.
2018-12-09 00:40
Iran to export 1mn bdp of oil despite US sanctions: Energy expert

TEHRAN, Dec. 08 (MNA) – Refereeing to withdrawal of Qatar from OPEC , Omid Shukri says Iran will be able to export 1 million barrels of oil despite Washington's effort to cut Iran's export to zero.
2018-12-08 11:11
Envoy hails Iran efforts for getting exemption from oil production cut

TEHRAN, Dec. 08 (MNA) – Iran’s permanent envoy to Vienna-based intl. organizations hailed the efforts and tenacity of the Iranian delegate at the OPEC meeting to exempt the country from production cut agreement.
2018-12-08 10:13
OPEC endorses Iran exemption from production cut

TEHRAN, Dec. 07 (MNA) – Iran managed to secure exemption from an agreement by OPEC members to reduce their oil production to prevent supply glut and bolster the prices.
2018-12-07 17:59
By: Mudasir Sheikh

Hypocrisy of US and its Mideast allies

TEHRAN, Dec. 07 (MNA) – There is no denying the fact that the US is using Saudi oil card to damage the oil-based economies of Russia, Iran, and Venezuela as they are unfailingly challenging Washington’s hegemony.
2018-12-07 13:17
175th OPEC meeting

TEHRAN, Dec. 07 (MNA) – The 175th session of Organization of Petroleum Exporting Countries (OPEC) held in Austrian capital Vienna on Thu. Dec. 6. At the end of the meeting, Iranian Oil Minister Bijan Zanganeh in an interview with correspondents described the atmosphere of the meeting ‘tough’ and expressed hope that OPEC discussions will bear fruit.
2018-12-07 12:03
Iran should freely sell its oil without any pressure: Oil min.

TEHRAN, Dec. 06 (MNA) – Iranian Oil Minister Bijan Zangeneh said Iran is not fine with the amount of oil it can export by the waivers provided by US to its old customers, saying the country should be able to sell its oil without any pressure.
2018-12-06 18:10
Oil Min. Zangeneh meets Qatari counterpart in Vienna

TEHRAN, Dec. 06 (MNA) – Iranian Minister of Petroleum Bijan Zangeneh met his Qatari counterpart Saad al-Kaabi in Vienna on Thursday, discussing increased meddling of other countries in OPEC decisions.
2018-12-06 12:42
Oil min.:

Iran should be excluded from any decision on OPEC output level

TEHRAN, Dec. 06 (MNA) – Oil Minister Bijan Zanganeh said as long as Iran is under sanctions, it will not take part in any OPEC output agreement and it should be excluded from any decisions made on reducing output level.
2018-12-06 10:10
Oil minister leaves for Vienna to attend OPEC meeting

TEHRAN, Dec. 05 (MNA) – Iranian Oil Minister Bijan Zanganeh left Tehran for Vienna on Wednesday to attend the 175th general meeting of the Organization of the Petroleum Exporting Countries (OPEC).
2018-12-05 18:11
Out of OPEC, Qatar can start to market Iran's oil: Expert

TEHRAN, Dec. 05 (MNA) – After withdrawal from OPEC, Qatar can start to market Iranian oil to Asia and Europe, Sam Barden, director of the international trading and consulting company SBI Markets said on Tuesday.
2018-12-05 10:45
Zangeneh:

Reasons for Qatar's departure from OPEC must be explored

TEHRAN, Dec. 05 (MNA) – Oil Minister Bijan Namdar Zanganeh says OPEC has major problems with some oil producers except Qatar, and the reasons for Qatar’s exit from the organization must be examined.
2018-12-05 08:37
Iran’s OPEC governor:

OPEC, non-OPEC unlikely to extend agreement to cut production

TEHRAN, Dec. 04 (MNA) – Iran's OPEC Governor Hossein Kazempour Ardebili says OPEC and non-OPEC partners are unlikely to extend their agreement to cut production in a bid to shore up prices.
2018-12-04 16:17
By: Ebrahim Fallahi

The impact of US sanctions on Iranian oil industry, market in focus

TEHRAN, Nov. 13 (MNA) – Right from the day Trump withdrew from Iran’s nuclear deal, announcing his plan for cutting Iranian oil exports to zero, the oil scholars and experts all around the world begun contemplating the impacts of this decision on the Iranian oil industry, especially on the country’s oil exports.
2018-11-13 14:33
Iran's oil exports harder to track as sanctions loom

TEHRAN, Oct. 31 (MNA) – According to Saudi Energy Minister Khalid al-Falih, no one has any idea how much oil Iran will be able to export after new US sanctions against the Islamic Republic to kick off on Nov. 4.
2018-10-31 11:32
Zanganeh makes surprise visit to Moscow for oil talks

TEHRAN, Oct. 16 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh made a surprise visit to Moscow late on Monday to meet his Russian counterpart, Alexander Novak.
2018-10-16 09:31
Official says S Arabia unable to replace Iran’s oil

TEHRAN, Oct. 07 (MNA) – Iran’s Oil Sales Official in previous sanctions period Mohammad-Ali Khatibi said that Saudi Arabia and other Organization of Petroleum Exporting Countries (OPEC) and even non-OPEC member states are unable to compensate such huge oil production volume.
2018-10-07 14:34
Trump is a bully: ex-White House official

TEHRAN, Sep. 28 (MNA) – Professor Frank N. von Hippel, former assistant director for national security in the White House Office of Science and Technology says that Trump is a bully, and believes that the United States as the strongest country should be free to bully other countries.
2018-09-28 18:35
Oil min.:

Oil price hike due to US efforts to prevent Iran’s oil exports

TEHRAN, Sep. 26 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh said "in order to prevent the rise in oil prices and instability in the market, US must stop preventing Iran's oil production and export, as well as interference in the Middle East issues.
2018-09-26 15:47
Algeria JMMC meeting resulted in what Iran wanted: oil minister

TEHRAN, Sep. 24 (MNA) – Iranian Oil Minister Bijan Zanganeh said that the result of the OPEC committee meeting in Algeria on Sunday was consistent with what Iran wanted for oil supply agreements.
2018-09-24 13:14
Oil prices 'cheaper' if Trump stopped tweeting: Iran OPEC envoy

TEHRAN, Sep. 24 (MNA) – Iran OPEC Representative Hossein Kazempour said Sun. that Donald Trump's tweeting habits are lifting oil prices, and the US president should stop posting on social media to alleviate the spike in prices.
2018-09-24 10:17
No production increase discussed at JMMC meeting: official

TEHRAN, Sep. 24 (MNA) – Iran’s OPEC Governor Hossein Kazempour Ardebili said no production increase was discussed during Sunday’s meeting of the Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC) in Algiers.
2018-09-24 10:13
Trump tweet biggest insult to US allies in ME: Iran

TEHRAN, Sep. 23 (MNA) – Iranian Minister of Petroleum Bijan Zanganeh said US President Trump's recent tweet on oil prices was the biggest insult to Washington's allies in the Middle East.
2018-09-23 18:05
Iran to veto OPEC decisions harming its interests: Oil min.

TEHRAN, Sep. 20 (MNA) – Oil Minister Bijan Zanganeh told Bloomberg on Thu. that Iran will veto any OPEC decision that harms the Islamic Republic, adding that he won’t be attending the Algerian JMMC meeting.
2018-09-20 15:38
Iran OPEC governor lambastes Saudi Arabia, UAE for welcoming Iran oil sanctions

TEHRAN, Sep. 16 (MNA) – Iran's OPEC Governor Hossein Kazempour Ardebili said not much is left of OPEC's international credibility as an organization thanks to the measures taken by such members as Saudi Arabia and the UAE against other founding members like Iran.
2018-09-16 10:08
Iran sanctions fueling OPEC tensions

TEHRAN, Sep. 11 (MNA) – Iran suffers a sharp drop in oil sales since March 2016, fueling OPEC tensions, UK-based Bloomberg reported.
2018-09-11 15:27
Some OPEC members act in accordance with US interest: Zanganeh

TEHRAN, Aug. 25 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh said Friday that some OPEC members are adopting decisions in accordance with US demands and policies.
2018-08-25 10:44
Some countries after politicizing OPEC: envoy

TEHRAN, Aug. 19 (MNA) – Iran’s permanent envoy to Vienna-based intl. organizations said that some countries misuse OPEC to further their own political aims.
2018-08-19 10:06
Oil min. sends letter of complaint to OPEC on JMMC fault

TEHRAN, Aug. 09 (MNA) – Iranian Minister of Petroleum Bijan Zanganeh has sent a letter to OPEC president, complaining about some members' attempts to redistribute over-conformity in production adjustment level among themselves, and attempts to hand over OPEC countries’ over-conformity to non-OPEC countries.
2018-08-09 12:39