Iran warns energy producers must not be targeted, citing threat to global stability

TEHRAN – Iran’s Oil Minister Mohsen Paknejad warned that military aggression against energy-producing nations violates international law and threatens global stability, urging a commitment to peace and cooperation to ensure secure and sustainable energy supply.

OPEC secretary-general condemns Israeli attack on Iran, offers condolences

TEHRAN – The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) has condemned Israel’s recent attack on Iran, expressing solidarity with the Iranian government and people in a message to Oil Minister Mohsen Paknejad, who also serves as President of the OPEC Conference in 2025.

Paknejad elected OPEC president for 2025

TEHRAN – Iranian Oil Minister Mohsen Paknejad has been elected as the rotating president of the Organization of the Petroleum Exporting Countries (OPEC) for 2025.

Iran’s oil production stands at 3.259 million bpd in Oct.: OPEC

TEHRAN - The Organization of Petroleum Exporting Countries (OPEC) in its latest report has said Iran produced 3.259 million barrels per day (bpd) of crude oil in October, while the figure was 3.327 million bpd in September.

OPEC chief praises Iran’s former oil minister

TEHRAN – The secretary general of the Organization of Petroleum Exporting Countries (OPEC) has thanked Iran’s former Oil Minister Javad Oji for his positive contribution to the organization, Tasnim News Agency reported.

OPEC+ to resume voluntary production cuts from October 2024

TEHRAN - OPEC+ countries have decided to gradually resume voluntary production cuts as of October 2024, Iranian Oil Minister Javad Oji said after the OPEC+ ministerial meeting.

OPEC secretary general condoles over martyrdom of President Raisi

TEHRAN – The Secretary General of the Organization of Petroleum Exporting Countries (OPEC) Haitham Al Ghais has issued a statement condoling the martyrdom of President Ebrahim Raisi.

Iran becomes OPEC’s 2nd producer of liquid fuels

TEHRAN - Overtaking Iraq, Iran has become the second producer of liquid fuels in the Organization of Petroleum Exporting Countries (OPEC).

We are not happy to see sanctions against Iran, says OPEC secretary general

TEHRAN - OPEC Secretary General, Haitham Al Ghais, has said that sanctions against Iran distort the normal flow of oil in the global market.

By Heshmatollah Razavi

OPEC Challenges

Angola announced on Thursday that it is leaving OPEC. The country is the latest member of OPEC which decides to quit the organization.

Iran elected as OPEC conference alternate president in 2024

TEHRAN - Gabon and Iran have been elected as president and alternate president of the Conference of Ministers of the Organization of Petroleum Exporting Countries (OPEC) for 2024, respectively, Shana reported.

Sanctions on Iran disrupts energy supply: ex-deputy oil minister

TEHRAN – The former Iranian deputy oil minister has said that the sanctions imposed on the Islamic Republic are considered a disruption of energy supply and that Iran will definitely break these sanctions, IRNA reported.

OPEC+ wraps up 35th meeting, deciding on 40.46 mb/d of output in 2024

TEHRAN - OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies led by Russia, has decided to adjust the level of overall crude oil production to 40.46 million barrels per day (mb/d) in 2024.

Iran to continue constructive cooperation with OPEC: Oji

TEHRAN – Iranian Oil Minister Javad Oji has said the country will continue constructive interactions with the Organization of Petroleum Exporting Countries (OPEC) and will support the organization’s new director general, Shana reported.