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Iran oil minister:

Iran increasing oil output regardless of US political future

Iran's Oil Minister says increasing the country's oil production capacity has no connection to potential restrictions or their increase, adding that boosting production capacity is a priority for the Ministry of Petroleum.
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Publish Date:08/December/2024 | 14:43

US sanctions Iran oil exports in support of Israel

The Biden administration issued sweeping sanctions Friday targeting Iranian oil exports after vowing to impose consequences over Tehran’s massive missile attack on 'Israel.'
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Publish Date:13/October/2024 | 06:24

US imposes sanctions over Iran oil shipment

The US Treasury Department has announced sanctions on more than a dozen entities and vessels over what it called their involvement in the shipment of Iranian crude oil and liquid petroleum gas to Syria and East Asia.
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Publish Date:28/September/2024 | 01:47

Iran remains OPEC 3rd biggest oil producer in August: Report

The Organization of Petroleum Exporting Countries (OPEC) in its latest report has said Iran produced 3.277 million barrels per day (bpd) of crude oil in August, registering a 4,000-bpd increase compared to the previous month.
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Publish Date:14/September/2024 | 13:36
Oil minister:

Iran’s oil production increased 3 mn bpd during Raeisi admin.

Iranian Oil Minister Javad Owji announced that the country’s oil production has increased from 2.2 million barrels per day (bpd) to more than 3 million barrels per day (bpd) during the Raeisi administration.
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Publish Date:24/July/2024 | 10:27

Iran’s crude oil price rises in H1 2024: OPEC

The latest report of the Organization of Petroleum Exporting Countries (OPEC) indicated that the average Iran's crude oil price increased $4.76 per barrel in the first half of the 2024 compared to the same period last year.
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Publish Date:12/July/2024 | 16:18

Iran's oil sector continues to grow in Q1: Minister

Iran's minister of oil said that the oil sector of the country witnessed a significant growth over the first three months of this year in the Iranian calendar (March 21 to June 22, 2024).
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Publish Date:02/July/2024 | 19:20
Oil min.:

Iran exporting crude oil to 17 countries in world

Iranian oil minister said that the country is currently exporting the crude oil to the 17 countries in the world, emphasizing that Iran is also exporting the crude to the European countries.
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Publish Date:02/July/2024 | 16:22

Iran inaugurates 17 new oil, refining, petrochemical projects

In a significant boost to the country's energy infrastructure, Iran has officially inaugurated 17 major oil, refining, and petrochemical projects across seven provinces, with a total investment of over 180 trillion rials.
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Publish Date:25/June/2024 | 09:45

OPEC+ Extends Deep Oil Production Cuts into 2025

OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid tepid demand growth, high interest rates and rising rival US production.
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Publish Date:03/June/2024 | 10:45

28th Iran Oil Show Inaugurated in Tehran

The 28th Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show) was inaugurated in a ceremony at the Tehran Permanent International Fairgrounds Wednesday, attended by Iran’s Oil Minister Javad Owji and senior managers of the oil industry.
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Publish Date:08/May/2024 | 24:46