Bijan Namdar Zanganeh

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Iran rejects plan to raise oil output within OPEC+ deal

Iran has rejected a plan by Russia and Saudi Arabia to increase oil production at a meeting of the OPEC oil cartel this week in response to consumer disgruntlement with rising prices. "I don’t believe at this meeting we can …

Iran seeks OPEC support against US sanctions

Iranian Oil Minister Bijan Zanganeh has asked OPEC president, United Arab Emirates Energy Minister Suhail al-Mazrouei to support it against new U.S. sanctions. “I would like to seek OPEC’s …

Azerbaijan, Iran to discuss energy cooperation

Azerbaijan’s Energy Minister Parviz Shahbazov has visited the 23rd Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show-2018). Shahbazov participated in an inauguration ceremony May 6, …

OPEC agree on oil-cuts extension to end of 2018

OPEC agreed to extend its oil-production cuts to the end of next year as the job of rebalancing the market is not yet done, according to delegates at a ministerial meeting in Vienna. Talks have now moved on to the mechanism that will be …

Iran says to sign Total deal by early August

A prospective oil contract between Iran and Total will be signed before the end of the current administration’s tenure, Oil Minister Bijan Namdar Zanganeh said, AzerNews reported citing SHANA news agency. Less …

Iran to increase oil output by 20%

Iran plans to add around a quarter to its production capacity in the next five years, Iran's Oil Minister Bijan Namdar Zanganeh said. The development of new fields as well as improved oil recovery from mature …

 Russian-Iranian oil deal finalized

The oil-for-food deal between  Russia and Iran is done, Iran’s petroleum minister Bijan Namdar Zanganeh said, adding that Iran expects supplies from Russia. "The deal is finalized and being carried out …

Iran to back extension of oil output cuts

Most oil producers support an extension of output cuts by OPEC and non-OPEC countries, and Iran would also back such a move, Iranian oil minister Bijan Namdar Zanganeh said. Zanganeh stressed that most countries want …