TEHRAN (FNA)- An emergency OPEC meeting on Friday reached swift agreement to chop production by 1.5 million barrels per day (bpd) in an initial attempt to halt a deep oil price slide.
Read More »Iran, Turkey Close to Striking Energy Deal
TEHRAN (FNA)- Iran and Turkey have resolved problems on planned investment in the South Pars gas field and they may sign a production accord in November.
Read More »OPEC to Cut Oil Supply by 1.5mln bpd
TEHRAN (FNA)- Members of the Organization of Petroleum Exporting Countries have decided to cut production by 1.5m barrels a day from November in a bid to stem a collapse in prices.
Read More »Russia Warns US against Sanctions
TEHRAN (FNA)- Moscow accused Washington on Friday of breaking international law and undermining cooperation on Iran’s nuclear program after it imposed sanctions on Russian companies.
Read More »Bush to Seek Diplomatic Presence in Iran
TEHRAN (FNA)- The Bush administration will announce in mid-November, after the presidential election, that it intends to establish the first US diplomatic presence in Iran since 1979, according to senior Bush administration officials.
Read More »Israel Worried about Washington-Tehran Talks under Obama
TEHRAN (FNA)- Israel is making discussions on future US-Iranian ties with some concerns and worries over a possible direct talks between Washington and Tehran if Senator Barack Obama wins the US presidential elections.
Read More »Iran, Venezuela Call for Production Cut
TEHRAN (FNA)- OPEC oil ministers arrived in Vienna ahead of an emergency meeting in response to the global economic crisis.
Read More »US Presence in Middle East Perilous
TEHRAN (FNA)- Former Iranian President Akbar Hashemi Rafsanjani stressed that Iraq’s security must not be undermined to ensure protection for the occupying forces.
Read More »Iran, Germany Sign Petrochemical Deal
TEHRAN (FNA)- Iran and Germany signed a contract for construction of a petrochemical plant in Imam Khomeini Port in Iran’s Khuzestan province.
Read More »Armenia Hails Iran’s Regional Role
TEHRAN (FNA)- Armenian Parliament Speaker Ovik Abramian on Thursday hailed Iran’s principled stance on regional issues.
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