SHANA Iranian Minister of Petroleum Bijan Zangeneh said Tehran and Caracas are ready for carrying out any measure aimed at stabilizing global oil markets. Speaking following a meeting with his Venezuelan counterpart Eulogio Del Pino in his Tehran office on Wednesday, Zangeneh said enhancing mutual energy ties and discussion over current oil market ...

Oil prices may plummet to as low as $25 per barrel following the failure of oil producers to agree on production freezes during a recent meeting in Doha, Venezuelan Oil Minister Eulogio del Pino told Sputnik on Wednesday. MOSCOW (Sputnik) On Sunday, major oil-producing countries failed toreach an agreement inthe Qatari capital ofDoha tomaintain ...

TEHRAN, Feb. 17 (Shana) -- A meeting of oil and energy ministers of Iran, Iraq, Venezuela, and Qatar started here on Wednesday to discuss solutions to save the global crude oil prices to stabilize the market. Iranian Minister of Petroleum Bijan Zangeneh, Venezuelan Oil Minister Eulogio del Pino, Iraqi Oil Minister Adil Abdul-Mahdi and OPEC President ...

TEHRAN, Feb. 17 (Shana) -- Tehran is to host a meeting of oil and energy ministers of Iraq, Venezuela, Qatar and Iran on Wednesday to work out solutions to save the global crude oil prices to stabilize the market. Iranian Minister of Petroleum Bijan Zangeneh, Venezuelan Oil Minister Eulogio del Pino, Iraqi Oil Minister Adil Abdul-Mahdi and OPEC ...

Top global oil exporters including Russia and Saudi Arabia agreed on Tuesday to freeze output to tackle a global glut but said the deal was contingent on other producers, with Iran absent from the meeting and planning to ramp up shipments. The Saudi, Russian, Qatari and Venezuelan oil ministers visited Doha for a previously undisclosed meeting -...

  TEHRAN, Feb. 3 (Shana) Petroleum Minister Bijan Zangeneh said that Iran and Venezuela have always held close positions regarding the oil sector.   He made the statement following a meeting here on Wednesday with the visiting Venezuelan Oil Minister Eulogio del Pino during which they discussed latest developments in the global ...

Venezuelan Embassy said that Oil Minister Eulogio Del Pino is headed to Qatar and Iran after holding discussion in Moscow on the situation of the world oil market. MOSCOW (Sputnik)Venezuelan Oil Minister Eulogio Del Pino is headed toQatar and Iran afterholding discussion inMoscow onthe situation ofthe world oil market, the Venezuelan Embassy said ...

TEHRAN, Feb. 02 (MNA) The new round of Iran-Venezuela oil talks will begin on Wednesday with the trip of the South American countrys oil minister to Tehran. Following the fall in global oil prices, Eulogio del Pino, the Oil Minister of Venezuela, one of the influential OPEC countries in South America will arrive in Tehran on Wednesday. Del ...

Venezuela has thrown its weight behind fellow OPEC member Irans right to raise its oil production once sanctions are lifted. Venezuela maintains its position that Iran has every right to return to the oil market, given that they themselves lowered crude exports because of the sanctions promoted by the United States, a statement from Venezuelas Oil ...

Algeria, Angola, Iran and Nigeria are interested in blending their light oil with Venezuela's heavy crude to get a better price, the president of Venezuelan state oil company PDVSA said on Monday. Eulogio Del Pino, who is on a two-day official visit to New Delhi, in April announced talks on a novel plan to blend the country's heavy crude with light ...