OPEC

Iran becomes 4th largest oil exporter in OPEC: Report

Tehran, IRNA - Iran has risen to become the fourth largest oil exporter within the Organization of the Petroleum Exporting Countries (OPEC) due to a surge in oil production and sales.
4 months ago
UAE president, OPEC chief congratulate Raisi on Eid al-Fitr

Tehran, IRNA - Head of the United Arab Emirates (UAE) government and OPEC secretary general congratulated the president, government and people of Iran on Eid al-Fitr in separate messages.
6 months ago
Iran leads OPEC members in production in March 2024

Tehran, IRNA — Iran produced nearly 3.2 million barrels of crude oil in March, up 28,000 barrels from February, leading the members of the Organization of Petroleum Exporting Countries (OPEC) in production.
7 months ago
Iran’s oil output up 50k bpd in 2024

Iran’s oil production increased by 50,000 barrels per day (bpd) in the first two months of 2024 to hit 3.2 million bpd, according to a recent report by the International Energy Agency (IEA).
7 months ago
Iran’s oil output hits 3.2 mn bpd in February: EIA

Tehran, IRNA – The US Energy Information Administration (EIA) has announced in its latest report that Iran produced 3.2 million barrels of oil per day (b/d) in February 2024, stabilizing its third place in the Organization of Petroleum Exporting Countries (OPEC).
8 months ago
OPEC+ extends oil output cuts to 2nd quarter of 2024

Tehran, IRNA- The Organization of the Petroleum Exporting Countries (OPEC), along with 10 other nations together known as OPEC Plus agreed on Sunday to extend output cuts of 2.2 million barrels per day into the second quarter of 2024.
8 months ago
President arrives at venue of GECF summit in Algiers

Tehran, IRNA - Iranian President Ebrahim Raisi has arrived at the meeting venue to participate in the 7th Summit of the Gas Exporting Countries (GECF) and was welcomed by the President of Algeria.
8 months ago
Pres. Raisi appreciates high elections turnout before departing for Algeria

Tehran, IRNA – Iran’s President Ebrahim Raisi has expressed gratitude to the people for their remarkable turnout in both parliamentary and Assembly of Experts elections.
8 months ago
Iran regains position as third-largest OPEC producer

Tehran, IRNA – Iran has produced as much as 3 million barrels per day (bpd) of crude oil in August to regain its position as the third-largest crude oil producer among OPEC member countries, according to the latest OPEC data.
Older than a year
OPEC output ups amid increased Iranian supplies

Tehran, IRNA – A survey by Reuters shows that the Organization of the Petroleum Exporting Countries (OPEC) oil output rose in August as Iranian supply rose to its highest since 2018.
Older than a year
Iran key player in global oil market: OPEC chief

Tehran, IRNA – Secretary General of Organization of Petroleum Exporting Countries (OPEC) Haitham Al Ghais has said that Iran is a founding member of OPEC and a key player in the global oil market.
Older than a year
Iran urges OPEC members to unify against divisive attempts

Tehran, IRNA – Iranian President Ebrahim Raisi has stressed the need for OPEC member states to exercise unity in the face of divisive attempts of Western countries which seek their own interests when it comes to dealing with international trade issues.
Older than a year
OPEC Secretary General to meet Iran’s president, oil minister

Tehran, IRNA – Secretary General of Organization of Petroleum Exporting Countries (OPEC) Haitham Al Ghais is planned to meet Iranian President Ebrahim Raisi and Oil Minister Javad Owji in Tehran.
Older than a year
Iran’s oil output unchanged at 2.65mn bpd in March

Tehran, IRNA -- Iran’s oil output in March remained unchanged at 2.65 million barrels per day (bpd), compared to the previous month, according to the International Energy Agency (IEA).
Older than a year
Iran ranks fourth among top oil suppliers in OPEC

Tehran, IRNA – The International Energy Agency estimated Iran’s oil production in December 2022 at 2.72 million bpd, announcing that Iran’s rank upgraded to the fourth among top oil suppliers of the OPEC.
Older than a year
Iran oil prices up $30, output rose 7% y/y in 2022: OPEC

Tehran, IRNA – Latest figures by the Organization of the Petroleum Exporting Countries (OPEC) show that Iran’s crude oil prices rose by an average of over $30 per barrel year on year in 2022 while its output also increased by 7% over the same period.
Older than a year
Minister: Iran ready to increase energy security in world

Tehran, IRNA - Iranian Petroleum Minister Javad Owji expressed Iran’s readiness to reinforce energy security in the world without any politicization.
Older than a year
Iran ready to return to oil market at shortest time: Official

Tehran, IRNA – Iran’s Minister of Petroleum Javad Owji has expressed country’s readiness to raise its crude oil production to the pre-sanctions era level at the shortest time, and return to the oil market.
Older than a year
Minister says Iran will continue with “constructive cooperation” with OPEC

Tehran, IRNA – Iranian Minister of Petroleum Javad Owji said on Wednesday that Iran, as a founding member of OPEC, will provide support and continue with its constructive cooperation with the organization, its secretariat and the new secretary general as it did before.
Older than a year
OPEC secretary general stresses Iran’s role in oil market stability

Tehran, IRNA – The secretary general of the Organization of Petroleum Exporting Countries (OPEC) said that Iran was one of the most important founding members of the entity with a significant role in stabilizing the oil market.
Older than a year
OPEC: Iran's oil revenues exceed $25B

Tehran, IRNA – A report released by the Organization of the Petroleum Exporting Countries (OPEC) indicates that Iran has earned more than $25 billion in revenue from oil exports in 2021.
Older than a year
OPEC calls for Iran’s partnership as a strong member

Tehran, IRNA - Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) Mohammad Sanusi Barkindo on Sunday urged Iran’s partnership as a strong member to the organization.
Older than a year
Zangeneh: Iran ready to return to global oil market

Tehran, IRNA – Iranian Petroleum Minister Bijan Zangeneh expressed Iran's technical readiness to return to global crude market at the highest level after lifting sanctions.
Older than a year
OPEC Sec-Gen to attend Iran President-elect inauguration

Tehran, IRNA – Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) Mohammed Barkindo is to attend inauguration ceremony of Iranian President-elect Ebrahim Raisi, Iran ambassador to Nigeria said.
Older than a year
OPEC+ mustn’t ignore Iran's oil return to market: Minister

Tehran, IRNA - Iranian Minister of Petroleum Bijan Zanganeh on Sunday said that OPEC+ cannot turn a blind eye to the return of Iranian oil production to global markets after the imposed sanctions are removed.
Older than a year
Iran to return to oil market in shortest possible time: Oil minister

Tehran, IRNA - Iranian Minister of Petroleum Bijan Zanganeh said that Iran would return to the markets swiftly when US sanctions were lifted, regardless of the decisions made by the producer group.
Older than a year
Iran’s envoy, OPEC secretary-general discuss oil market

London, June 8, IRNA - Iran’s permanent representative to the Vienna-based international organizations Kazem Gharibabadi held talks with Secretary General of OPEC Mohammed Barkindo on Monday evening in Austria and discussed oil market and bilateral ties.
Older than a year
Oil Minister: Iran’s annual petrochemical production increased to 25mn tons

Tehran, April 1, IRNA – Iranian Oil Minister Bizhan Namdar Zangeneh said here on Wednesday that the country’s annual production capacity during the past Iranian year of 1399 (ended March 20, 2021) grew to 25 million tons.
Older than a year
Iran maintains traditional status in OPEC

Tehran, Nov 24, IRNA - Although the US sanctions have decreased Iran's daily output, the country has maintained its traditional power in the Organization of the Petroleum Exporting Countries (OPEC), a senior oil expert says.
Older than a year