• Iran, Austria discuss alternative energies, higher energy efficiency, oil and gas trading

  • Iran deputy oilmin Zamani-Nia says Iran, Austria sign agreement on oil cooperation and investment in alternative energy sources.

  • Iran self-reliant in supplying gasoline needs.

  • Phase II of gas condensate refinery comes online with capacity to supply ۱۲ ml/d of Euro-۵ gasoline. Iran gasoline output capacity now at ۹۰ ml/d.

  • Would Iran's interests be fully considered in a potential agreement after OPEC meeting, asked a reported from Iran's Petroleum Minister. «We would certainly not comply with anything that endangers our interests,» said Mr. Zangeneh ahead of the ۱۷۴th OPEC meeting in Vienna.

  • My objection to high oil prices stems from a deeply held belief that high oil prices benefits neither the producers, nor the consumers in the medium and long term.

  • Zangeneh, addressing ۷th OPEC International Seminar: Iran commits itself to securing the interests of both consuming and producing nations, as well as promoting oil market stability.

  • OPEC not taking agenda from US. US president imposes sanctions on some OPEC founders to disturb market. Oil not a political weapon against other nations؛ oil market must be based on supply and demand.

  • We believe that Mr Trump favors high oil prices to justify US shale oil production, but to escape American public pressure due to high prices, he attacks OPEC mainly after JCPOA pullout.

  • Iran and Iraq start swapping ۳۰,۰۰۰ to ۶۰,۰۰۰ b/d of crude oil produced in Kirkuk for Iranian oil to be delivered to southern Iraq.

  • NIGC boss Araqi: Iran gas export agreements in effect, gas exports set to grow

  • EU Energy Commissioner Miguel Arias Cañete says EU will try to keep Iran's oil and gas trade level unchanged despite US JCPOA withdrawal. Cañete says EU's «Blocking Status» will spare European firms doing business Iran harm from US sanctions.

  • Iran oilmin #Zangeneh: No reason for neighbors to bask in joy. The present conditions pass by and we'll emerge winner. Iran couldn't be eliminated of energy market. We honor our contracts. We are bent on sustaining oil production and exports.

  • Oil price at ۶۰ to ۶۵ USD a barrel to benefit OPEC in long term. Most OPEC members agree, but some producers are playing into US hands.

  • Iran's oilmin #zangeneh : President Trump playing double game in oil market؛ Some OPEC members playing into US hands؛ US seeking to boost shale oil production.

  • Iran's oilmin #Zangeneh: US JCPOA withdrawal to have no important impact on Iran oil, condensate exports.

  • Iranian deputy petroleum minister says the nuclear deal with six world powers would remain effective as long as Iran could sell oil on markets.

  • Iran deputy oilmin Zamaninia tells Iran-Spain business forum: No problem with Spanish and other European firms

  • Iran has potential to increase its oil production to ۴.۵ million barrels a day (mb/d), Ali Kardor, CEO of National Iranian Oil Company (NIOC), said. «By rebuilding some installations, we can easily bring [our oil production] to ۴.۵ mb/d,» kardor said.

  • Iranian Minister of Petroleum Bijan Zangeneh said on Sunday his country did not approve of «restrictions» for its energy sector, saying Iran preferred to transfer in foreign technology to develop its oil and gas projects.

  • ۲۳rd Iran Oil Show Opens in Tehran on Sunday

  • Iran oil exports jump amid President Trump's anti-JCPOA rhetoric؛ Iran crude oil exports hit ۲.۶۱۷mb/d in April.

  • Iraq's Basra ready to take delivery of Iran's gas. Iran started pumping gas to Baghdad last year.

  • Iranoilmin#Zangeneh: On the one hand, Mr. Trump tries to improve the price of oil while, on the other, he blames OPEC for the upward trend of prices which do not have to do with the organization.

  • #NIOC signs $۲.۸۴bn deal with Iran's Pasargad Energy Development Company to develop Jufair & Sepehr oil fields for accumulated ۵۰۰mn oil barrels.

  • Iran oilmin #Zangeneh : Trump ordering an independent nation to raise oil output in return for security is insulting and will destabilize oil market.

  • Austria prefers gas exports from Caspian Sea to Europe via Iran؛ Talks are expected to be held.

  • Iran's OPEC governor in reaction to Trump's tweet: There is no such spare capacity in Saudi Arabia. Such request means order to leave OPEC.

  • Iran to raise gasoline output capacity to ۱۰۰ ml/d this year.

  • ۱۰۰٪ instead of ۱۵۰٪ Compliance with OPEC Members of the Organization of Petroleum Exporting Countries (OPEC) in the body’s ۱۷۴th ordinary meeting in Vienna endorsed Iran’s proposed model for boosting the group’s crude oil output.

  • We do believe that all oil market players need to admit that market fundamentals should dominate the market and play a determining role in it.

  • It is important that I draw attention to the critical role of the constructive cooperation among OPEC and non-OPEC producers.

  • Iran oilmin #Zangeneh : Some OPEC states have cut output beyond quota. In lieu of calling for OPEC Output hike, they had better respect quota cuts.

  • Iran oilmin #Zangeneh in Vienna: We expect OPEC to condemn politically motivated gestures disturbing oil market. Iran has no specific proposal for OPEC ۱۷۴th meeting, but will have clear position. Decision to end OPEC production cut deal requires consensus.

  • Iran oilmin #Zangeneh ahead of Vienna meeting: Oil market is currently faced mainly with political tensions created by the US president on the international scene, having nothing to do with supply-demand balance.

  • Iran oilmin #Zangeneh: Total has ۶۰ days to negotiate with US for staying in SP۱۱. If Total quits CNPC will take over.

  • Iran Deputy Oilmin #Zamaninia: All ۲۸ EU member states seek to block US extraterritorial sanctions over Iran business.

  • Iran's Oilmin #Zangeneh meets with EU Energy Commissioner Miguel Arias Cañete in Tehran. «We believe that Iran's oil export level will not change if EU keeps its promise,» said Zangeneh. Zangeneh says Cañete carried EU message of trying to salvage JCPOA.

  • NISOC, Pergas consortium sign HOA to develop Karanj oil field.

  • OPEC should decide independently cuz US seeks higher prices which won't benefit OPEC in long term as supply will override demand.

  • Trump on one hand favors higher oil prices and has reached agreement with OPEC allies while on the other at national level blames OPEC for high gasoline price.

  • Iran's IOTC cut an MoU with a UK Firm one day after US exited the nuclear deal. The agreement was signed in a ceremony where Keith Wellings, director of the UK embassy's Department for International trade, was present.

  • NIOC unveils ۱۴ exploration blocks for development. Licencing round planned in July.

  • Iran ۲۳rd annual oil show kicks off in Tehran. About ۴,۰۰۰ companies from ۳۸ countries are attending. The oil show is among most prestigious in Middle East.

  • Deputy oilmin #kardor says Iran will not bow to «bullying» by foreign governments. «We would not like to be spoken to in a bullying tone. We speak with the language of logic,» Ali Kardor, CEO of National Iranian Oil Company (NIOC), told reporters at the Iran Oil Show.

  • Iran oilmin #Zangeneh says Tehran favors «reasonable» oil price to «encourage producers to keep supply while it would prevent global markets from plunging into instability.» He said «under the present circumstances, manufactured tensions have driven up oil prices.»

  • Iran's crude oil exports hit ۲,۶۱۷ mbd in April ۲۰۱۸, a new record since implementation of the Joint Comprehensive Plan of Action (JCPOA) back in January ۲۰۱۶

  • #Zamaninia: As long as oil exports face no problems,oil markets receive Iran's oil, we easily get our oil money,projects are financed,oil industry equipment are purchased from world markets,and shipments and oil tankers do not get bogged down, the JCPOA will be deemed effective.

  • Iran's annual gas output to reach ۲۵۰ bcm this year؛ gas exports to hit ۶۰ mcm/d.

  • #NIOC deputy CEO: Currently, we are actively following up on the negotiations for the development of ۲۲ oil and gas fields. Nearly ۳۰ EPC agreements are on the NIOC agenda for oil recovery enhancement.