With a 10% increase in extraction rate from the shared field of South Azadegan, Iran is expected to produce some 2.7 billion more barrels of oil amounted to a trillion-dollar, Petroleum Minister Bijan Zangeneh said on Monday.
Iran's Petroleum Minister Bijan Zangeneh is scheduled to pay an imminent visit to Russia during the Energy Week, the Russian media said.
Iran’s Petroleum Minister Bijan Zangeneh rejected on Monday talks with the US under the sanctions as the OPEC is meeting to discuss oil production cut extension.
Minister of Petroleum Bijan Zangeneh said on Wednesday that the Islamic Republic of Iran will remain committed to its pledges with regards to the Organization of the Petroleum Exporting Countries (OPEC).
Petroleum Minister Bijan Zangeneh on Saturday expressed Iran’s readiness to purchase shares of South African refineries.
Iran's Minister of Petroleum Bijan Zangeneh will leave Tehran for Algiers on Monday to attend the 15th Meeting of the International Energy Forum (IEF) and non-official meeting of OPEC.
Minister of Petroleum Bijan Zangeneh said on Friday that fire in Bu Ali Sina Petrochemical Company in Mahshahr for sure is not sabotage, but it has technical reasons.
Iran has doubled production and export of crude oil and its derivatives compared to the period the country was under sanctions, Minister of Petroleum Bijan Zangeneh said on Saturday.
