Crude output

EghtesadOnline: OPEC and its allies need to cut crude output by 500,000 barrels per day to clear the oil market's oversupply from the coronavirus outbreak, Iran’s Oil Minister said upon his arrival in Vienna on Wednesday.

EghtesadOnline: Petroleum Engineering and Development Company (PEDEC) is developing the infrastructure to increase crude output from South Azadegan Oilfield in the oil-rich Khuzestan Province.

EghtesadOnline: Iranian Offshore Oil Company has increased its crude output from Doroud Oilfield after conducting repairs on the field's main wells.

EghtesadOnline: To raise crude output in shared reservoirs with Iraq, Iran's Petroleum Engineering and Development Company is installing skid-mounted modular mini refining units in South Azadegan Oilfield in Khuzestan Province, managing director of the firm said.