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Oil Gains as US Shale Production Set to Fall Sharply

EghtesadOnline: Oil prices rose more than 1% on Tuesday after the main US energy forecasting agency predicted shale output in the world’s biggest crude producer would fall by the most on record in April, adding to cuts from other major producers.
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Publish Date:18/April/2020 | 14:16

11 US Senators Want Saudis to Cut Crude Oil Production

EghtesadOnline: Republican US senators from oil states who recently introduced legislation to remove American troops from Saudi Arabia said on Saturday they had spoken with three officials from the kingdom and urged them to take concrete action to cut crude output.
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Publish Date:13/April/2020 | 18:25

Mexico Says Reached Deal With Trump to Cut Crude Output

EghtesadOnline: The president of Mexico -- the lone holdout in an OPEC deal to cut crude production and shore up prices -- said Friday that he has reached a deal with the US president to reduce oil output.
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Publish Date:12/April/2020 | 18:00

OPEC, Allies Agree to Historic 10 Million bpd Output Cut

EghtesadOnline: A historic production cut agreement between OPEC and its allies, known as OPEC+, hit a roadblock after Mexico refused to agree to its share of the cuts after a marathon meeting between the oil-producing nations that lasted more than nine hours.
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Publish Date:11/April/2020 | 15:51

Iran Auto Output Up 4% in 10 Months

EghtesadOnline: Iran’s automotive output increased by 4% during the 10 months ending Feb. 19 compared to a year earlier.
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Publish Date:01/March/2020 | 11:02

Iran: Red Flag for Gas Consumption

EghtesadOnline: Decline in electricity output due to high gas consumption in the household sector will have adverse effects on the power export, vice president of Iran Electrical Industry Syndicate said.
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Publish Date:18/February/2020 | 24:48

South Pars Raises Gas Condensate Output

EghtesadOnline: Gas condensate output from the South Pars Gas Field in the first 10 months (March-Dec 2019) of the currency fiscal year increased by 5% compared to the corresponding period a year ago, managing director of South Pars Gas Complex said.
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Publish Date:18/February/2020 | 24:45

3% Growth in Iran's Iron Ore Concentrate Output

EghtesadOnline: A total of 39.34 million tons of iron ore concentrates were produced in Iran during the first 10 of the current Iranian year (March 21, 2019-Jan. 20) to register a 3% growth compared with the corresponding period of the year before.
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Publish Date:12/February/2020 | 10:34

Iran's Aluminum Ingot Output Down 17%

EghtesadOnline: Iranian aluminum producers had an aggregate output of 221,223 tons of aluminum ingots during the first 10 months of the current Iranian year (March 21, 2019-Jan. 20), which indicates a 17% decrease compared with last year's corresponding period, the Iranian Mines and Mining Industries Development and Renovation Organization's latest report shows.
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Publish Date:10/February/2020 | 24:48

IMIDRO Reviews Upstream Copper Output Over 10 Months

EghtesadOnline: National Iranian Copper Industries Company and its subsidiaries, including Sungun Complex, Miduk Complex and Sarcheshmeh Copper Complex produced an aggregate of 991,144 tons of copper concentrate during the first 10 months of the current Iranian year (March 21, 2019-Jan. 20), to register a 1% decline in output compared with last year’s similar period.
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Publish Date:10/February/2020 | 24:19

Iran Oil Ministry Has No Plans to Boost LPG Output

EghtesadOnline: Despite the fact that liquefied petroleum gas is good for auto engines, Oil Minister Bijan Namdar Zanganeh says so long as cars can run on compressed natural gas, LPG should be used for other purposes.
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Publish Date:09/February/2020 | 11:43

South Pars Output to Surpass 670 mcm/d by March

EghtesadOnline: The last offshore deck of Phase 14 (14D) was installed on Saturday to boost output from the South Pars Gas Field, the development manager said.
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Publish Date:02/February/2020 | 24:20

Iran's Iron Ore Concentrate Output Grows 3% in Nine Months

EghtesadOnline: A total of 35.43 million tons of iron ore concentrate were produced in Iran during the first nine months of the current Iranian year (March 21-Dec. 21) to register a 3% growth compared with the corresponding period of the year before.
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Publish Date:15/January/2020 | 11:08

Iran's Aluminum Ingot Output Declines 21%

EghtesadOnline: Iranian aluminum producers had an aggregate output of 196,329 tons of aluminum ingots during the first nine months of the current Iranian year (March 21-Dec. 21), which indicates a 21% decline compared with last year's corresponding period, the Iranian Mines and Mining Industries Development and Renovation Organization's latest report shows.
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Publish Date:14/January/2020 | 24:06

DRI Output Rises to 20.7m Tons

EghtesadOnline: A total of 20.78 million tons of direct reduced iron were produced in Iran during the first nine months of the current Iranian year (March 21-Dec. 21, 2019), 9% more compared with last year's corresponding period, according to the Iranian Steel Producers Association's latest report.
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Publish Date:13/January/2020 | 24:36

IMIDRO Reviews Iran's Upstream Copper Output

EghtesadOnline: National Iranian Copper Industries Company and its subsidiaries, including Sungun, Miduk and Sarcheshmeh copper complexes, produced an aggregate of 890,347 tons of copper concentrate during the first nine months of the current Iranian year (March 21-Dec. 21), posting no change in output compared with last year’s similar period.
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Publish Date:12/January/2020 | 11:22

South Pars Output Up 7%

EghtesadOnline: To speed up gas production from South Pars Gas Field in the Persian Gulf, an offshore deck of phase 23 was linked to Iran Gas Trunkline (IGAT) on Tuesday, deputy operator of the phases said.
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Publish Date:08/January/2020 | 11:03

Iran Auto Output Down 25%

EghtesadOnline: Iran’s automotive output fell by 24.8% during the ninth months ending Dec. 21 compared to a year earlier.
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Publish Date:05/January/2020 | 11:26

Liquid Fuel Export Comes to the Rescue

EghtesadOnline: Boosting output of petroleum products is a declared policy of the government and has generated $9 billion from exporting liquid fuels, managing director of National Iranian Gas Company said.
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Publish Date:05/January/2020 | 06:18