Oil Production

Oil output to surge by 10,000 bpd with developing 3 oilfields

The development plan for three oilfields namely “Soumar”, “Saman”, and “Delavaran” in western Iran will increase the…

Iran's oil output up by 60,000 bpd: NIOC chief

The CEO of the National Iranian Oil Company (NIOC) has said that the country's daily oil production volume has…

Minister: Iran oil production to reach 4 million bpd

Iranian Oil Minister Javad Owji has said that the country plans to increase its daily crude production to 4 million…

Iran oil output reaches 3.3 million bpd in April: IEA

The International Energy Agency (IEA) declared a 50,000 barrel per day jump in Iran’s daily oil production in the…

Iran plans to boost oil production by 400,000 bpd: Minister

Iran's Oil Minister Javad Owji has announced plans to increase the country's crude oil production by 400,000 barrels…

Iran's oil production to increase by 400,000 bpd

Iranian Oil Minister Javad Owji says that the country's oil production will be increased by 400,000 barrels per day.

IMF raises Iran 2024 economic growth outlook, cites oil production surge

The International Monetary Fund (IMF) has increased its outlook of economic growth in Iran for 2024, attributing it to…

Minister: Iran to Continue Oil Production Despite US Pressures

Iranian Oil Minister Bijan Zangeneh underlined that Washington has been unable to bring the Islamic Republic's energy…