Monday, 20 September , 2021
OIL Archives - Page 34 of 34 - Iran News Daily
Iran’s Crude Oil Output to Hit 4mln bpd in Coming Months 19 Sep 2017

Iran’s Crude Oil Output to Hit 4mln bpd in Coming Months

TEHRAN  – CEO of the National Iranian Oil Company (NIOC) Ali Kardor said the country’s oil production would reach 4 million barrels per day (bpd) by the end of the current Iranian year (March 20, 2018). Speaking to the Tasnim News Agency, Kardor said currently, the total amount of Iran’s crude oil production amounts to […]

Tehran, Caracas Welcome any Measure to Stabilize Oil Market 16 Sep 2017

Tehran, Caracas Welcome any Measure to Stabilize Oil Market

TEHRAN – Iran Oil Minister Bijan Zangeneh said Tehran and Caracas are ready for carrying out any measure aimed at stabilizing global oil markets. Speaking following a meeting with his Venezuelan counterpart Eulogio Del Pino in his Tehran office on Wednesday, Zangeneh said enhancing mutual energy ties and discussion over current oil market conditions were […]

India’s August Iran Oil Imports Drop To Lowest In 18 Months 16 Sep 2017

India’s August Iran Oil Imports Drop To Lowest In 18 Months

NEW DELHI – India imported 335,400 barrels per day (bpd) oil from Iran in August, the lowest level since February 2016, posting a fall of about 42 percent from a year ago, according to ship tracking data obtained from industry sources and data compiled by Thomson Reuters Oil Research & Forecasts. August imports from Iran […]

Iran’s Oil Exports to Europe, China Grow in August 12 Sep 2017

Iran’s Oil Exports to Europe, China Grow in August

TEHRAN– Iran’s oil and condensate exports to Europe rose in August, with demand from Italy, France, the Netherlands and Greece all up, a report said. Iranian oil flows to Europe rebounded sharply last month, with 835,742 b/d sailing to the region, a rise of almost 200,000 b/d month on month, Platts reported. Turkey also remains […]

Iran’s Oil Output to Reach 4.5mln bpd in 5 Years 08 Sep 2017

Iran’s Oil Output to Reach 4.5mln bpd in 5 Years

TEHRAN – CEO of the National Iranian Oil Company (NIOC) Ali Kardor said Iran will reach an oil production rate of 4.5 million barrels per day (bpd) within five years. Iranian gas production will reach 1.3 billion cubic meters per day and production of gas condensate will reach 864,000 bpd in the next five years, […]

Minister: Iran to Ink 10 New Oil Contracts by Yearend 05 Sep 2017

Minister: Iran to Ink 10 New Oil Contracts by Yearend

Iranian Oil Minister Bijan Namdar Zanganeh announced on Monday that the country will sign 10 new oil contracts by the end of the current Iranian year (March 20). “Based on the serious negotiations held with the parties to these contracts, some 10 deals are predicted to be signed,” Namdar Zanganeh said. Noting that Iran will […]

Russian firms submit plans to develop Iran oil fields 05 Sep 2017

Russian firms submit plans to develop Iran oil fields

Russian energy companies Zarubezhneft, Gazprom Neft and Lukoil have submitted plans to the National Iranian Oil Company (NIOC) to develop oil fields in Iran. Zarubezhneft representatives outlined their plans to increase the recovery rate of oil from the Aban and West Paydar fields, Iran’s Ministry of Petroleum announced on Monday. A memorandum of understanding for […]

Monthly crude oil exports from Iran up 9.3% in August 03 Sep 2017

Monthly crude oil exports from Iran up 9.3% in August

TEHRAN- Iran’s crude oil exports reached 2.135 million barrels per day (bpd) in August, a 9.3 rise from its previous month, Oilprice.com reported citing energy data provider Kpler. According to the report, Iranian crude oil exports rose by 182,000 bpd in August from July. The increases came at a time when most of the OPEC […]