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OIL Archives - Page 41 of 41 - Iran News Daily
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 […]