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Iranpress: OPEC+ Convenes to Set Future Oil Production Strategy

OPEC+ Convenes to Set Future Oil Production Strategy

Thursday, 29 May 2025 09:46

The Organization of the Petroleum Exporting Countries (OPEC) convened its 191st Ministerial Meeting via video conference, bringing together ministers and senior representatives from 12 member nations to discuss the maximum sustainable production capacity.

Iranpress: Iran Lifts Its Rank in OPEC

Iran Lifts Its Rank in OPEC

Saturday, 29 June 2024 14:58

Tehran (IP)- Iran has overtaken Kuwait and Nigeria to be the fourth largest crude/condensate exporter of OPEC.

Iranpress: Kazakhstan to compensate for exceeding OPEC+ quota in March

Kazakhstan to compensate for exceeding OPEC+ quota in March

Monday, 15 April 2024 20:39

Kazakhstan will compensate for exceeding its oil production quota under the OPEC+ agreement in March, the country’s Energy Ministry said in a statement on Sunday.

Iranpress: Iran

Iran's Owji, OPEC Secretary General discuss oil market

Saturday, 02 March 2024 18:17

Algiers (IP): Iran’s Oil Minister Javad Owji and OPEC Secretary General Haitham Al Ghais exchanged views on developments in the global oil market in Algiers, the capital of Algeria, on Saturday.

Iranpress: Petroleum minister leaves for Algiers ahead of Raisi

Petroleum minister leaves for Algiers ahead of Raisi's trip

Friday, 01 March 2024 14:51

Tehran (IP) – Iran’s Petroleum Minister Javad Owji departed for Algiers on Thursday before the president’s trip to the capital of Algeria, the venue of the 7th Gas Exporting Countries Forum (GECF) Summit of Heads of State and Government.

Iranpress: Brazil to join OPEC+, Petrobras CEO says

Brazil to join OPEC+, Petrobras CEO says

Saturday, 02 December 2023 18:54

The chief executive of state-run oil firm Petrobras said that Brazil is expected to join the OPEC+ group of oil-producing countries in January but would not take part in the group's coordinated output caps,.

Iranpress: OPEC+ to reduce oil production by 2.2 mln bpd

OPEC+ to reduce oil production by 2.2 mln bpd

Friday, 01 December 2023 09:31

Vienna (IP) : A number of OPEC+ countries will voluntarily reduce oil production in the first quarter of 2024 by 2.2 million bpd, the organization said in a press release.

Iranpress: Brent oil slips toward $80 ahead of OPEC+ meeting

Brent oil slips toward $80 ahead of OPEC+ meeting

Monday, 27 November 2023 16:07

Oil prices slipped on Monday, with Brent falling toward $80 a barrel, as investors waited for an OPEC+ meeting later this week for an agreement expected to curb supplies into 2024.

Iranpress: Iran-Russia cooperation contributes to regional progress: Owji

Iran-Russia cooperation contributes to regional progress: Owji

Friday, 13 October 2023 04:52

The Oil Minister on Thursday said Iran-Russia cooperation paves the way for the progress of not only the two nations but also regional states.

Iranpress: Aramco boss forecasts strong China oil demand

Aramco boss forecasts strong China oil demand

Tuesday, 08 August 2023 18:35

Global oil demand will remain resilient despite a recent voluntary production cut by Saudi Arabia and economic headwinds facing major crude consumer China, according to Saudi Aramco’s chief executive, Amin Nasser.

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