2016, September, 19, 18:45:00IRAN SUPPORTS STABILIZATION
President Hassan Rouhani on Saturday called for Iran-Bolivia joint efforts for stabilization of oil market, fair prices and fair quota, especially efforts in the upcoming session of oil prices in Algeria.
2016, September, 9, 14:10:00IRAN'S OIL PRODUCTION: 3.63 MBD
Iran has told OPEC it pumped 3.63 million barrels of oil per day (bpd) in August, up 10,000 bpd from July, an OPEC source said, marking a slowdown in the rapid growth that followed the lifting of Western sanctions in January.
2016, September, 7, 19:00:00IRAN SUPPORTS PRICE $50 - $60
“Iran wants a stable market and therefore any measure that helps the stabilisation of the oil market is supported by Iran,” Mr Zanganeh said. “We support oil prices between $50 and $60 per barrel.”
2016, September, 7, 18:55:00IRAQ SUPPORTS THE FREEZE
"Our government supported the freeze and we have to support the freeze. We have the capacity to produce more. But if the freeze is for a certain period and will stabilize the market, definitely the freeze is in our favor,"
2016, September, 1, 18:40:00IRAQ & KURDISTAN DEAL
Iraqi Prime Minister Haider Jawad Kadhim Al Abadi and his Kurdish counterpart, Nechirvan Barzani, have agreed to split the proposed export volume of 150,000 bopd from Kirkuk’s Baba Gorgor and Khabbaz fields between them. On Tuesday, Kurdish news outlet Rudaw also claimed an agreement on Kirkuk oil had been reached.
2016, August, 31, 18:55:00IRAQ SUPPORTS PRICES
“We support freezing oil production by OPEC due to the sharp decline of oil prices,” Mr. Abadi said at a news conference, saying it would help government-salaried oil-industry workers.
2016, August, 25, 18:40:00IRANIAN POSITIVE SIGNALS
"We have held conversations on strengthening our position in oil markets," Iran's Foreign Minister Mohammad Javad Zarif said through an interpreter after a meeting with Ecuador's President Rafael Correa. Zarif added that the two countries have agreed to continue talks within the framework of OPEC, without providing further details. Ecuador Foreign Minister Guillaume Long said they discussed establishing a common position with regards to strengthening oil prices.
2016, August, 24, 18:45:00IRAQ WANTS MORE
Iraq, which depends on oil sales for 95 percent of its public spending, appears set to continue boosting production, which currently stands at around 4.6 million barrels per day.
2016, August, 24, 18:40:00IRAN MIGHT COOPERATE
Iran sent a letter to members of the Organization of the Petroleum Exporting Countries saying it would attend the group’s informal talks in Algeria in September, OPEC delegates told The Wall Street Journal. An Iranian oil-ministry press official couldn’t confirm the letter had been sent late Tuesday.
2016, August, 18, 18:30:00IRAN & INDONESIA AGREEMENT
Indonesia's Pertamina has signed a deal with Petrochemical Commercial Company (PCC) of Iran for the import of refined petroleum and petrochemical products.
2016, August, 15, 18:45:00TURKEY WANTS IRANIAN GAS
Turkey wants to buy more natural gas from Iran and has discussed pricing issues, Foreign Minister Mevlut Cavusoglu said on Friday, adding that Ankara and Tehran should resolve a dispute on gas prices without arbitration.
2016, August, 12, 18:35:00IRAQ RESTART INVESTMENT
As a result of the investment, Iraq's crude output should increase by 250,000-350,000 barrels per day next year, the Iraqi officials said. The country now produces about 4.6 million bpd, most of it from the southern region.
2016, August, 11, 18:35:00SAUDI - IRAN COMPETITION
Saudi Arabia, the world’s largest crude exporter, told OPEC that it boosted oil output to a record 10.67 million barrels a day in July, two people with knowledge of the data said. Iran’s output is up to 3.85 million barrels a day, Fars news agency reported, citing Oil Minister Bijan Namdar Zanganeh.
2016, August, 11, 18:30:00IRAN NEED $50 BLN
The government hopes foreign companies will invest as much as $50 billion a year in Iran’s oil industry. Major European oil companies such as Italy’s Eni SpA and France’s Total SA have expressed an interest in developing Iran’s oil and gas fields.
2016, August, 9, 18:45:00IRAQI OIL: 4.6 MBPD
The OPEC member pumped 4.632mn barrels of crude oil per day in July compared with 4.559mn bpd in June, state-run Oil Marketing Company (SOMO) said in a recent statement.