OPEC governors meet next in October.
Read More »Total Has Two Months to Seek U.S. Sanctions Exemption
Total said on May 16 that it would pull out of South Pars if it did not receive a waiver from the United States.
Read More »Iran`s Oil Export Drop not Expected if EU Saves Nuclear Deal
U.S. President decision to quit a multinational nuclear deal would not affect Tehran’s oil exports if the EU could salvage the pact.
Read More »Total will not Pay Penalty if It Quits Gas Project in Iran
Total will not pay a penalty if it pulls out of a multi-billion-dollar gas project in Iran.
Read More »Min: Oil Prices at $60-$65 Per Barrel is Logical
United States was trying to keep prices inflated in order to support U.S. shale oil growth.
Read More »Iran Signs Oil Contract with Pergas to Develop Keranj Field
Tehran would spare no efforts to maintain its oil production and exports at current levels.
Read More »Iran. Turkmenistan to Bolster Ties
Tehran and Ashgabat could take major steps in order to enhance their relations which would benefit both of them.
Read More »U.S. Exit from Deal will not Impact Iran`s Oil
Trump announced a U.S. withdrawal from the 2015 nuclear deal on Tuesday and said he was preparing new sanctions against Iran.
Read More »Minister: We are not Advocate of High Oil Prices
Iran has always been seeking reasonable prices for oil which will encourage the producers to produce more oil and therefore stop the global market from destabilization.
Read More »Oil Min: Iran Prefers `Reasonable` Oil Price
Reasonable oil prices would ``encourage producers to keep supply while it would prevent global markets from plunging into instability.
Read More »