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2024-04-28 14:59
Iran oil output up 500,000 bpd y/y: IMF
TEHRAN - 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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2024-04-20 15:03
Iran oil exports hit six-year high: report
TEHRAN - Iran is exporting more oil than at any time for the past six years, giving its economy a $35bn-a-year boost, the Financial Times reported.
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2024-03-13 15:26
Iran’s oil output reaches 3.2m bpd in February: EIA
TEHRAN- The U.S. Energy Information Administration (EIA) in a report put Iran’s oil output at 3.2 million barrels per day (bpd) in February.
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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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2023-09-16 12:45
Iran becomes 3rd top oil producer among OPEC members: report
TEHRAN - Iran continued to increase its oil production in August to reach three million barrels per day (bpd) and stand at the third place among OPEC top producers, according to figures released in the organization’s latest monthly report.
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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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2023-06-24 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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2023-05-30 12:53
‘OPEC welcomes back Iran’s full return to market when sanctions lifted’
TEHRAN- The secretary general of the Organization of the Petroleum Exporting Countries (OPEC) said that the OPEC family welcomes back the full return of Iran’s oil production to the market, once the sanctions against its oil sector are lifted.
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2023-04-25 13:08
Over 1,500 companies to participate in Iran Oil Show 2023
TEHRAN- More than 1,500 Iranian and Foreign companies will participate in the 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2023), which will be held at the Tehran Permanent International Fairgrounds during May 17-20.
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2022-03-02 14:33
China’s purchase of Iranian oil more than before sanctions
TEHRAN- China's purchases of Iranian oil have risen to record levels in recent months, exceeding a 2017 peak when the trade was not subject to U.S. sanctions, tanker tracking data showed, Reuters reported on Tuesday.
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2022-02-16 15:11
Pre-registration for Iran Oil Show 2022 to begin on Saturday
TEHRAN- Pre-registration for the exhibitors in 26th International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2022) will start on Saturday (February 19) through the website of the exhibition.
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2022-02-16 11:07
Iran, S. Korea discuss frozen assets payment, oil trade resumption
TEHRAN- Iran and South Korea discussed the details of the options to pay Iran’s frozen assets in Seoul and also the possibility of resuming oil trade in preparation for potential U.S. sanctions relief on Iran, during the two-day meetings from Tuesday, Yonhap reported.