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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

Iran oil output up 500k bpd y/y: IMF

The new statistics released by the International Monetary Fund (IMF) show that Iran's oil production in 2023 saw an increase of 500,000 barrels per day (bpd) in comparison to the previous year, reaching 3.1 million bpd.
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Publish Date: 28/April/2024 | 11:26

Iran’s oil price, output surge in March 2024: OPEC

The Organization of Petroleum Exporting Countries (OPEC) in its latest monthly report has said that Iran’s oil production volume increased by 28,000 barrels per day (bpd) in March 2024.
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Publish Date: 14/April/2024 | 10:49

Iran’s Oil Price, Output Surge in March 2024: OPEC

The Organization of Petroleum Exporting Countries (OPEC) in its latest report revealed that Iran’s oil production volume increased 28,000 barrels per day in March 2024.
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Publish Date: 12/April/2024 | 14:49

Iran’s Oil Explorations Up 300% in 2 Years: NIOC Director

The explorations manager of the National Iranian Oil Company (NIOC) said the country’s oil explorations registered a 300% growth in two years of the administration of President Ebrahim Raisi, who assumed office in August 2021.
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Publish Date: 12/March/2024 | 24:44

Iran’s Oil Explorations Up 300% in 2 Years: NIOC Director

The explorations manager of the National Iranian Oil Company (NIOC) said the country’s oil explorations registered a 300% growth in two years of the administration of President Ebrahim Raisi, who assumed office in August 2021.
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Publish Date: 12/March/2024 | 24:27

Iran’s Oil Industry Attracts $4.8 bln of Foreign Investment in 11 Months

Iran’s minister of economic affairs and finance said the largest foreign investment within the framework of Foreign Direct Investment (FDI) has been made in the country’s oil industry in the 11 months of the current Iranian calendar year (started March 21, 2023).
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Publish Date: 28/February/2024 | 24:45

Iran’s oil exports up 50% in 2023: Report

A report shows that Iran’s oil exports increased by half last year despite the United States imposing sanctions on the country.
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Publish Date: 31/January/2024 | 21:04

Iran's oil minister due in Venezuela for talks

Iranian Oil Minister Javad Owji departed for Caracas on Wednesday to hold talks with his Venezuelan counterpart and other high-ranking officials of the Latin American country.
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Publish Date: 31/January/2024 | 22:53

Iran’s Crude Oil Production Exceeds 3 Million bpd in November: OPEC

According to the latest report released by the secretariat of the Organization of Petroleum Exporting Countries (OPEC), Iran’s crude production volume in November 2023 reached 3.128 million barrels of oil per day (bpd), showing a hike of 7,000 barrels compared to a month earlier.
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Publish Date: 16/December/2023 | 13:14

Iran’s Oil Output Hits 3.1 Million bpd in October: EIA

The US Energy Information Administration (EIA) in its latest report said Iran produced 3.1 million barrels of oil per day (bpd) in October 2023, stabilizing its third place in the Organization of Petroleum Exporting Countries (OPEC).
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Publish Date: 29/November/2023 | 23:44
NIOC CEO:

Iran oil production to hit 3.5m bpd by mid-March 2024

EghtesadOnline: Iran’s oil production will increase to 3.5 million barrels per day from 3.3m bpd by the end of the current Iranian calendar year (March 19, 2024), said the National Iranian Oil Company (NIOC) managing director on Monday.
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Publish Date: 19/October/2023 | 12:44

S. Korea Imports 167K bpd of Iranian Oil in June

EghtesadOnline: South Korea’s imports of Iranian oil fell 40.3% in June from the same month a year ago to their lowest since January 2015, as the country’s buyers’ slashed purchases ahead of the reimposition of US sanctions targeting Iran.
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Publish Date: 18/July/2018 | 13:00