OIL

Iran’s annual oil exports hit nearly $36b: IRICA chief

Oil exports in the previous Iranian calendar year, which ended on March 19, fetched the country $35.87 billion, said…

MP: Oil Ministry in the lead on utilizing knowledge-based firms’ capacities

The Oil Ministry led other ministries in terms of applying the expertise of knowledge-based companies in the Iranian…

Owji, Novak discuss Iran-Russia cooperation, oil market

Iran’s Oil Minister Javad Owji and Russian Deputy Prime Minister Alexander Novak hold phone talks on bilateral…

Iran’s oil output hits 3.2 mn bpd in February: EIA

The US Energy Information Administration (EIA) has announced in its latest report that Iran produced 3.2 million…

Iran’s oil output rises by 50K bpd

The oil production of the Islamic Republic has increased by 50,000 barrels per day (bpd) due to the exploitation of…

Iran impounds US oil cargo in Persian Gulf

Following a court order after the Iranian EB patients filed a complaint against the US, the Islamic Republic of Iran…

Iran’s largest oil refinery reports increase in processing capacity

The Abadan oil refinery, the largest in Iran, has reported an increase in processing capacity as part of an official…

Iran’s oil output reached 3.1 million bpd in October

The US Energy Information Administration (EIA) in its latest report said Iran produced 3.1 million barrels of oil per…

Iran discovers four new oil, gas field

Iranian Oil Minister Javad Owji has announced the discovery of four new oil and gas fields through exploration…

Iran’s oil exports hit 4-year high

Iran's crude exports of about 1.5 million barrels per day (bpd) stand at their highest in more than four years, with…