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
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
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
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
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
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
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
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
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
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.