Tag Archives: SHANA

Iranian Minister of Petroleum Bijan Zangeneh said the Organization of the Petroleum Exporting Countries (OPEC) and its non-OPEC allies, especially Russia, were finalizing an agreement to cut production by at least 10 million barrels per day.

Iranian Minister of Petroleum Bijan Zangeneh said the coalition of oil producers at the Organization of the Petroleum Exporting Countries (OPEC) and their non-OPEC allies had agreed to curtail the group’s output by 10 mbd.

Look at these remarks made by heads of states in the aftermath of sinking oil prices and demand destruction caused by the coronavirus outbreak.

Iranian Minister of Petroleum Bijan Zangeneh discussed the latest oil market developments and price fluctuations with Mohamed Arkab, Algerian Minister of Energy and Mines and the President of OPEC Conference.

Iran’s state-run National Iranian Oil Company (NIOC) has decided to invest in crude oil processing projects through implementing build-operate-own (BOO) method.

National Iranian Oil Company (NIOC) intends to engage Iranian and/or foreign companies in the construction of skid-mounted processing facilities using the build-operate-own (BOO) method.

The idea of establishing oil startups was first raised less than a year ago by Petroleum Minister Bijan Zangeneh.

National Iranian Gas Company (NIGC) says Iranian gas exports to Turkey will resume in a few days after repairing the gas pipeline from Iran to Turkey which was hit by an explosion.

Turkish gas imports from Iran were halted due to an explosion in a natural gas pipeline inside Turkey near Iran’s Bazargan border with Turkey on Tuesday morning, National Iranian Gas Company (NIGC) said.

The United States suffered least damage among the nations involved in the World War I and World War II.