Wednesday, 3 July , 2024
OIL Archives - Page 2 of 41 - Iran News Daily
Iranian oil production reaches 3.4 million bpd 30 Oct 2023

Iranian oil production reaches 3.4 million bpd

The spokesman of the Iranian Oil, Gas and Petrochemical Products Exporters’ Union said that Iran’s oil production has increased to 3.4 million barrels per day (bpd), despite the U.S. sanctions aimed at curbing oil exports and the associated revenue to Iran’s government.

Iran, Belarus ink documents on oil, agriculture co-op 19 Oct 2023

Iran, Belarus ink documents on oil, agriculture co-op

Iran and Belarus have signed several memorandums of understanding (MOU) on cooperation in the oil and agricultural sectors in the Belarusian capital Minsk on Tuesday, Shana reported.

Iran’s September oil output rises 15,000 bpd: OPEC 15 Oct 2023

Iran’s September oil output rises 15,000 bpd: OPEC

Iran produced 3.058 million barrels per day (bpd) of crude oil in September, registering a 15,000-bpd increase compared to the previous month, according to OPEC’s latest monthly report.

U.S. admits to rise in Iran’s oil output, exports: Oji 02 Oct 2023

U.S. admits to rise in Iran’s oil output, exports: Oji

U.S. senators and Western media have confirmed the increase in Iran’s oil production and exports despite sanctions over the past two years, Iranian Oil Minister Javad Oji has said.

China’s independent refiners eager for Iranian oil despite sanctions: report 17 Sep 2023

China’s independent refiners eager for Iranian oil despite sanctions: report

Figures show that the demand for Iranian crude is growing in China, the world's biggest oil importer, after the extension of supply cuts by Saudi Arabia and Russia and as Tehran is stepping up its oil output and exports.

Iran becomes 3rd top oil producer among OPEC members: report 17 Sep 2023

Iran becomes 3rd top oil producer among OPEC members: report

Iran continued to increase its oil production in August to reach three million barrels per day (bpd) and stand at the third place among OPEC top producers, according to figures released in the organization’s latest monthly report.

Commander Warns U.S. Over Unloading Iranian Oil From Seized Tanker 22 Jul 2023

Commander Warns U.S. Over Unloading Iranian Oil From Seized Tanker

The commander of the Islamic Revolution Guards Corps (IRGC) Navy has warned that any oil company unloading hundreds of thousands of barrels of seized Iranian oil sitting in a Greek tanker off the coast of Texas would be held accountable.

68 Semi-Finished Projects to Go on Stream by Mid-March 2024 19 Jul 2023

68 Semi-Finished Projects to Go on Stream by Mid-March 2024

Oil Minister said 68 semi-finished projects worth $15 billion will be put into operation by the end of the current Iranian calendar year (March 19, 2024).

Oil Deals Worth $40b Signed in 20 Months 08 Jul 2023

Oil Deals Worth $40b Signed in 20 Months

Iran Oil Minister said his country has signed contracts worth $40 billion with domestic and foreign companies since 20 months ago.

Revival of Oil Production Capacity by 1.5m Barrels in Only 6 Months 28 Jun 2023

Revival of Oil Production Capacity by 1.5m Barrels in Only 6 Months

Head of the National Iranian Oil Company (NIOC) Mohsen Khojasteh-Mehr says with reimposition of sanctions and halt in the JCPOA during the previous government and lack of timely repair of oil installations, the oil production capacity of the country declined by over one million barrels but in the beginning of the 13th government and only with $500m, they could restore and revive the lost capacity in just 6 months.