Total:67
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2023-11-14 15:48
Iran’s October oil output rises 46,000 bpd: OPEC
TEHRAN - Iran produced 3.115 million barrels per day (bpd) of crude oil in October, registering a 46,000-bpd increase compared to the previous month, according to OPEC’s latest monthly report.
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2023-11-12 12:05
Iran oil production rises in October: survey
TEHRAN - Iran, which has gained an exemption from OPEC cuts deal due to U.S. sanctions, increased production to 3.05 million barrels per day (bpd) in October, as pipeline issues that affected production and exports in September were resolved, according to a survey conducted by S&P Global Commodity Insights Platts.
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2023-11-11 16:10
China’s import of Iran’s oil jumps: report
TEHRAN- China's oil imports from Iran have hit record highs as Iran ramps up output despite the threat of further U.S. sanctions, Reuters reported.
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2023-10-10 12:27
China confident about continuous flow of Iranian oil shipments: report
TEHRAN – Chinese oil refineries are confident that flows from the Islamic Republic of Iran will continue despite the recent conflict between Hamas and Israel, betting Washington will seek to avoid a surge in global crude prices.
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2023-10-03 14:24
Iranian oil production hits 2018 high of 3.15m bpd: survey
TEHRAN – The Islamic Republic of Iran has managed to push its oil output to 3.15 million barrels per day (bpd), the highest since 2018, the year Washington re-imposed sanctions on Iran, according to Reuters surveys and separate figures from OPEC.
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2023-10-01 15:45
U.S. admits to rise in Iran’s oil output, exports: Oji
TEHRAN – U.S. senators and Western media have confirmed the increase in Iran’s oil production and exports despite sanctions over the past two years, Iranian Oil Minister Javad Oji has said.
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2023-09-17 15:29
China's independent refiners eager for Iranian oil despite sanctions: report
TEHRAN - Figures show that the demand for Iranian crude is growing in China, the world's biggest oil importer, after the extension of supply cuts by Saudi Arabia and Russia and as Tehran is stepping up its oil output and exports.
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2023-09-04 12:48
By Ebrahim Fallahi
Iran’s oil export continues upward trend in August, surging 54%: report
TEHRAN - Iran’s oil exports continued their upward trend in August to reach 1.85 million barrels per day (bpd), Bloomberg reported, citing TankerTrackers.com which provides data on oil cargoes to governments, insurers and other institutions.
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2023-08-22 13:02
Iran’s booming oil exports exceed 2m bpd: report
TEHRAN - Iran’s oil exports continue to increase in August, surging above two million barrels per day (bpd) which is their highest since the beginning of the year, Bloomberg reported on Monday citing TankerTrackers data.
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2023-08-16 14:04
China’s Iranian oil imports hit 10-year record high: report
TEHRAN – China’s oil imports from Iran have been soaring in August so that the shipments are expected to reach 1.5 million barrels per day (bpd), the highest since 2013, Blomberg reported citing estimates from data intelligence firm Kpler.
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2023-07-30 12:03
Iranian oil exports to China triple despite sanctions
TEHRAN – Iran’s oil shipments to China have more than tripled over the past three years despite the U.S. sanctions on the country and the increase in Russia’s shipments to the Asian country, data released by data analytics firm Kepler showed.
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2023-07-23 13:27
Iran’s oil income in 2022 surpasses the figure during JCPOA: OPEC
TEHRAN – Iran's oil income in 2022 reached $42.6 billion, which is $1.5 billion more than the country’s oil revenues in the first year of the implementation of the nuclear deal (2016) when the figure was $41.1 billion, according to the data presented at the Organization of the Petroleum Exporting Countries (OPEC) Annual Statistical Bulletin 2023.
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2023-06-24 12:57
Iranian oil output increases by 350,000 bpd since March: IEA
TEHRAN - The International Energy Agency (IEA) has said in a recent report that Iran’s crude oil output has increased by about 350,000 barrels per day (bpd) since the beginning of 2023 in spite of U.S. sanctions targeting the country’s oil sector.
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2023-06-17 12:22
Iran's oil exports hit 5-year high despite U.S. sanctions: report
TEHRAN – The production and export of Iranian oil in 2023 have reached record highs since the country came under U.S. sanctions more than five years ago, according to some reports.
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2023-04-23 11:15
Bulgaria, newest European customer of Iranian oil
TEHRAN- The European Union's statistics office Eurostat announced the import of Iranian oil by three European Union (EU) members in 2022, and introduced Bulgaria as the newest customer of Iranian oil in this union, IRNA reported on Sunday.
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2023-04-07 12:43
Chinese private refineries buying more oil from Iran
TEHRAN- Chinese private refineries are buying more Iranian oil as competition for supplies from Russia rises, Bloomberg reported.
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2023-02-18 13:57
Iranian heavy crude oil price rises over 3% in January: OPEC
TEHRAN - Iranian heavy oil price increased by $2.45 in January to register a 3.1-percent increase compared to December 2022, according to OPEC’s latest monthly report published on February 14.
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2023-02-01 14:28
Iran’s oil, gas incomes surge 40%: Oji
TEHRAN – Iranian Oil Minister Javad Oji has said the country’s incomes from the sales of oil, natural gas, gas condensate, and petroleum products in the first 10 months of the current Iranian year (March 21, 2022-January 20, 2023) increased by 40 percent compared to the same period last year.
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2023-01-31 11:45
Despite sanctions, Iran’s oil output rises 140,000 bpd in 2022: EIA
TEHRAN – The U.S. Energy Information Administration (EIA) in a recent report has put Iran’s average oil production in 2022 at 2.54 million barrels per day (bpd), 140,000 bpd more than the previous year.
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2023-01-25 14:28
Iran plans to raise oil output by 1.9m barrels in 8 years
TEHRAN – Head of the National Iranian Oil Company (NIOC) has said his company plans to increase the country’s oil production capacity to 5.7 million barrels per day (bpd) from the current 3.8 million bpd, Shana reported.
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2023-01-23 11:58
Iran raised to 4th place among top OPEC producers in December: IEA
TEHRAN - The International Energy Agency (IEA) in its latest “Oil Market Report” released last week put Iran’s oil production in December at 2.72 million barrels per day (bpd) indicating that the country has risen to the fourth place among OPEC’s top oil producers.
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2023-01-15 14:47
Iranian oil exports rise to record high despite western pressures: report
TEHRAN – Iran’s oil exports have reached new highs in the last two months of 2022 and are making a strong start to 2023 despite U.S. sanctions, Reuters reported on Sunday citing ship tracking companies.
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2022-12-21 14:35
Iran’s oil output reaches 3m bpd: Oji
TEHRAN - Iranian Oil Minister Javad Oji has said the country’s oil production has reached three million barrels per day (bpd), Shana reported.
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2022-12-16 14:47
Iran’s Q3 average oil output rises 11,000 bpd: OPEC
TEHRAN – Iran’s average oil production in the third quarter of 2022 stood at 2.566 million barrels per day (bpd), 11,000 bpd more than the figure for the second quarter of the year, according to OPEC’s latest monthly report published on Wednesday.
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2022-11-22 15:07
Iran registers highest oil, petchem export record after sanctions re-imposition
TEHRAN – Iranian Oil Minister Javad Oji said the country has reached the highest record of oil, gas condensate, and petrochemical exports since 2017 (when the U.S. started re-imposing sanctions on Iran’s oil industry) in the eighth Iranian calendar month of Aban (October 23-November 21), Shana reported.
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2022-11-15 13:27
Iran raises December oil prices for Asian buyers
TEHRAN – National Iranian Oil Company (NIOC) has raised its official crude oil selling prices for Asian buyers in December, Shana reported citing the NIOC data.
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2022-09-27 11:20
‘Iran welcomes boosting energy ties with friendly nations’
TEHRAN – Iranian Oil Minister Javad Oji has said the country is going to enhance energy ties with friendly nations such as Russia and China amid the U.S. sanctions, Shana reported.
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2022-09-06 13:50
Iran ready to help maintain global energy security: Oji
TEHRAN - Iranian Oil Minister Javad Oji has stressed that the global energy market needs an increase in the supply of Iranian oil, saying: “As a major producer of oil and petroleum products, we are always ready to play our role in maintaining global energy security away from politics.”
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2022-09-05 13:41
Iran selling its oil and collecting payments, says VP
TEHRAN – Iran’s First Vice President Mohammad Mokhber said on Sunday that the country is currently selling its oil in global markets and getting paid for it without any problems, Shana reported.
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2022-09-02 14:47
Iran’s oil production capacity to increase by 200,000 bpd by Mar. 2023
TEHRAN – The managing director of National Iranian Oil Company (NIOC) has said the country’s oil production capacity is going to increase by 200,000 barrels per day (bpd) to 4.038 million by the end of the current Iranian calendar year (March 20, 2023).