OPEC Summit in Saudi Arabia
Iran's President Mahmoud Ahmadinejad (C) waves for media as he attends the opening ceremony of the OPEC (Organization of the Petroleum Exporting Countries) summit in Riyadh, Saudi Arabia on November 17, 2007. Iran's foreign minister Manouchehr Mottaki (L) and Oil Minister Gholam Hossein Nozari .(R) are seen behind Ahmadinejad. (UPI Photo)
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TEHRAN, Nov. 11 (UPI) -- The Iranian oil minister left for Kuwait Tuesday to discuss progress on a deal to export natural gas to the emirate through an underwater pipeline by 2011.
TEHRAN, Nov. 10 (UPI) -- The Organization of Petroleum Exporting Countries may convene earlier than its Dec. 17 meeting if oil prices continue to drop, officials said Monday.
TEHRAN, Nov. 10 (UPI) -- Energy officials from Iran, Qatar and Russia plan to hold trilateral talks in Doha later this week to discuss gas cooperation, Iranian officials said Monday.
TEHRAN, Oct. 31 (UPI) -- Iran will follow recommendations from the OPEC cartel and drop its oil production quota by 199,000 barrels per day beginning in November, officials said Friday.
WASHINGTON, Oct. 30 (UPI) -- In the aftermath of the August Russian-Georgian military confrontation, Western hopes for using the Caucasian nation as an energy corridor bypassing both Russia and Iran have suffered a severe setback. Now Turkey, dependent on Russia and Iran for its natural gas imports, is investing in Iran, a development that greatly displeases Washington.
TEHRAN, Oct. 5 (UPI) -- A price for a barrel of crude oil that is below $100 is unacceptable, Iranian Oil Minister Gholam Hossein Nozari says.
TEHRAN, Sept. 2 (UPI) -- Iran's oil minister Tuesday said the Organization of Petroleum Exporting Countries should discuss reining in excessive oil production.
Iran struggles as the West pulls away from investing; Shell to construct gas plant in Nigeria; tropical storms stabilized oil prices Tuesday.
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