Reuters - Iranian oil minister Bijan Zanganeh said on Monday that the United States was waging a war against Iran by imposing sanctions on the Islamic Republics crude exports. Today Iran is still fighting a war. America has waged a war against Iran with no blood, Zanganeh was quoted as saying by the oil ministrys news agency SHANA. On Sunday, Zanganeh ...

Reuters - Iran supports OPEC as far as the group protects Iranian interests alongside other members, Irans OPEC governor Amir Hossein Zamaninia was quoted as saying on Monday by the oil ministrys news agency SHANA. We support OPEC as far as the interests of the Islamic Republic of Iran are served in a balanced way with other members. Otherwise, ...

Reuters - It is impossible to eliminate Iranian oil from the global market, OPEC Secretary-General Mohammad Barkindo was quoted as saying by Iranian oil ministrys news agency SHANA on Thursday. There is no need to repeat it. It is impossible to eliminate Iranian oil from the market, Barkindo said in a visit to Tehran. The United States has demanded ...

Reuters - Iran will try to keep its share of OPEC production despite fresh U.S. sanctions on its petroleum industry, Iranian government spokesman Mohammad Bagher Nobakht was quoted as saying by oil ministry news agency SHANA. The Iranian government will try to keep its share in OPEC despite enmity of some members, Nobakht said on Tuesday. Reporting ...

Reuters - Irans oil exports hit 2.7 million barrels per day (bpd) in May, the Oil Ministrys news agency SHANA reported on Saturday, a new record since the lifting of international sanctions on Tehran in January 2016. Iran exported 300,000 bpd of natural gas condensate in May, SHANA reported, and 2.4 million bpd of crude oil. (Reporting by Bozorgmehr ...

Reuters - Iran's oil exports in July increased by 45,000 barrels per day (bpd) versus June, the oil ministry's news agency SHANA reported on Tuesday. Iran exported in July 2.2 millions barrels of oil per day to the Asian and European markets, it said, with exports toAsiaup by 100,000 barrels per day. China, South Korea, India and Japan are Iran's ...

[caption id="attachment_132421" align="alignright" width="139"] Iran will not delay a much-anticipated conference to offer multinationals the rights to develop oil deposits, an oil official was reported.[/caption] Nov 25 (Reuters) - Iran will not delay a much-anticipated conference to offer multinationals the rights to develop oil deposits, an oil ...

By UPI TEHRAN, Oct. 3 (UPI) -- The Iranian government announced development of the Azar oil field, situated along the border with Iraq, has commenced. The Iranian Oil Ministry last year signed a contract with state-controlled oil companies to develop the Azar oil field within five years. Tehran said production at the field could reach more than ...

By Bloomberg Businessweek Iran will officially start a natural gas storage facility in its central Qom province, the first in the Middle East, the Oil Ministry said. The Sarajeh site, which consists of nine wells, will store 1.5 billion cubic meters (53 billion cubic feet) of gas during summer months and supply some 4 million cubic meters of ...