Iran’s Oil Exports Surpass 2mb/d

• Tuesday, 5th April 2016
• by Egypt Oil & Gas

Iran's oil exports have surpassed 2mb/d following the lifting of sanctions, Oil Minister Bijan Zanganeh said. According to released data, Iran’s overall crude output now stands at 3.2mb/d, the highest level since May ...

Riyadh Sets Conditions for Oil Output Freeze Deal

• Sunday, 3rd April 2016
• by Egypt Oil & Gas

Saudi Arabia's Deputy Crown Prince Mohammed bin Salman, said that Riyadh will only freeze its oil output if Iran and other major producers do so, while challenging the country’s main regional rival to take an active ...

Iran Not to Join Oil Output Freeze Plan at Doha Summit

• Sunday, 3rd April 2016
• by Egypt Oil & Gas

Iran will attend talks with fellow members of the Organization of Petroleum Exporting Countries (OPEC) and Russia in Qatar on April 17th, yet without joining their proposal to freeze crude oil production.

OPEC Oil Output Records Rise in March

• Thursday, 31st March 2016
• by Egypt Oil & Gas

OPEC oil output was rising in March as higher supply from Iran after the lifting of sanctions and near-record exports from southern Iraq offset maintenance and outages in smaller producers.

Iran Rejects Joining Oil Output Freeze

• Wednesday, 24th February 2016
• by Egypt Oil & Gas

Iranian Oil Minister, Bijan Zanganeh, said that Tehran would not restrain its oil output as part of a global pact to freeze production to prop prices, following a meeting with oil ministers from Qatar, Iraq, and Vene ...