News

​Iran Slams Trump for OPEC Rhetoric
 

​Iran Slams Trump for OPEC Rhetoric

TEHRAN (Shana) -- A senior Iranian energy official reacted to US President Donald Trump's latest tweet calling on OPEC to reduce prices. The fo...

Iran’s OPEC envoy: Oil price soon to reach $100 per barrel
 

Iran’s OPEC envoy: Oil price soon to reach $100 per barrel

http://en.nioc.ir/Portal/Home/Default.as...

174th OPEC Summit and Balance of Power in Oil Market
 

174th OPEC Summit and Balance of Power in Oil Market

TEHRAN (Shana) -- The oil market fever never ceases and the struggles over how OPEC's oil supply rises in the market linger; such struggles have t...

MPs Endorse Petroleum Ministry Policies at OPEC
 

MPs Endorse Petroleum Ministry Policies at OPEC

TEHRAN (Shana) -- A group of 217 members of the Iranian parliament signed a statement endorsing the policies adopted by the petroleum ministry in OPEC...

Iran Petchem Output at 13.2 mt in Q1
 

Iran Petchem Output at 13.2 mt in Q1

TEHRAN (Shana) -- Iran’s petrochemical facilities processed as many as 13.2 million metric tons of petrochemical products over the first three m...

Shell CEO says 'foolhardy' to set carbon reduction targets
 

Shell CEO says 'foolhardy' to set carbon reduction targets

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Iran Calls on OPEC to Remind Members to Adhere to Production Quota
 

Iran Calls on OPEC to Remind Members to Adhere to Production Quota

TEHRAN (Shana) -- Iran called on the Organization of the Petroleum Exporting Countries (OPEC) to prevent some members from increasing their output wit...

IGAT-6 Gas Pipeline Fully Operational
 

IGAT-6 Gas Pipeline Fully Operational

TEHRAN (Shana) -- Iran has fully launched the 6th nationwide gas trunkline (IGAT-6) which bolsters the country's gas export capacity to Iraq. ...

Striking Growth in Condensate Supply to Domestic Refineries: NIOC
 

Striking Growth in Condensate Supply to Domestic Refineries: NIOC

TEHRAN (Shana) -- The Director of International Affairs at the National Iranian Oil Company (NIOC) announced a sharp increase in the supply of gas con...

Iran Oil Exports at 2.61mbd in June
 

Iran Oil Exports at 2.61mbd in June

TEHRAN (Shana) -- Iran's export of crude oil and gas condensate stood at 2.61 million barrels per day in June 2018. OPEC member Ir...

OPEC+ Gives Final Sign Off to Oil-Supply Boost
 

OPEC+ Gives Final Sign Off to Oil-Supply Boost

(Bloomberg) -- OPEC and its allies gave the final sign-off to an oil-production increase, sealing a victory for Saudi Arabia and Russia. Major prod...

OPEC Agrees Modest Hike In Oil Supply After Iran Softens Stance
 

OPEC Agrees Modest Hike In Oil Supply After Iran Softens Stance

VIENNA, June 22 (Reuters) - OPEC agreed on Friday on a modest increase in oil production from July after its leader Saudi Arabia persuaded arch-rival ...

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