Total:68
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2025-01-17 13:11
Iran retains position as OPEC’s third-largest oil producer: report
TEHRAN – According to OPEC’s first report of 2025, Iran maintained its position as the organization’s third-largest oil producer in December 2024, with an average daily production of 3.314 million barrels.
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2024-12-24 16:42
Iran to unveil its first AI-equipped oil well next year
TEHRAN- Iran’s vice president for science and technology said that the country will unveil its first oil well equipped with the artificial intelligence (AI) next year.
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2024-12-13 13:24
Iran's oil output rises by 37,000 bpd in November: OPEC
TEHRAN - Iran's oil production increased by 37,000 barrels per day (bpd) in November compared to the previous month, according to the latest report from the Organization of the Petroleum Exporting Countries (OPEC).
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2024-11-22 15:12
Iran's oil output rises 60,000 bpd
TEHRAN - The head of the National Iranian Oil Company (NIOC) has said that the country's daily oil production volume has increased by 60,000 barrels.
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2024-11-13 13:39
Iran’s oil production stands at 3.259 million bpd in Oct.: OPEC
TEHRAN - The Organization of Petroleum Exporting Countries (OPEC) in its latest report has said Iran produced 3.259 million barrels per day (bpd) of crude oil in October, while the figure was 3.327 million bpd in September.
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2024-10-29 12:29
Iran’s oil, gas condensate output up 8% in Q3 2024
TEHRAN – Iranian Oil Ministry has said that despite the U.S. sanctions the Islamic Republic’s crude oil and gas condensate production in the third quarter of 2024 has increased by over eight percent compared to the same period last year.
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2024-10-15 12:13
Iran’s oil output rises in September despite decline in OPEC production: report
TEHRAN - The Organization of Petroleum Exporting Countries (OPEC) in its latest report, published on Monday, has said Iran produced 3.316 million barrels per day (bpd) of crude oil in September, registering a 21,000-bpd increase compared to the previous month.
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2024-09-13 13:45
Iran remains OPEC 3rd biggest oil producer in August: report
TEHRAN – The Organization of Petroleum Exporting Countries (OPEC) in its latest report has said Iran produced 3.277 million barrels per day (bpd) of crude oil in August, registering a 4,000-bpd increase compared to the previous month.
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2024-08-31 13:32
China oil imports from Iran surge to 1.75m bpd: report
TEHRAN - China’s imports of Iranian oil have reached a record of 1.75m barrels per day (bpd) in August, oiprice.com reported, citing data from Kpler.
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2024-08-10 13:23
Iran expanding oil export destinations: report
TEHRAN – Iran has been expanding its oil destination markets as the country is pushing to send more oil to the global markets in an attempt to neutralize Western sanctions.
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2024-08-03 15:25
Iran’s oil output hit six-year high: survey
TEHRAN – Iran’s oil production in July reached 3.22 million barrels per day (bpd), the highest level since the U.S. withdrew from the nuclear pact with Iran and re-imposed sanctions on the country in 2018, Reuters reported.
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2024-07-13 14:37
Iranian oil output still on upward trajectory: OPEC
TEHRAN – The Organization of Petroleum Exporting Countries (OPEC) in its latest report has said Iran produced 3.251 million barrels per day (bpd) of crude oil in June, registering a 13,000-bpd increase compared to the previous month.
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2024-07-12 13:43
Iran’s oil production rises 1.4m bpd in about 2.5 years
TEHRAN - Iranian Oil Minister Javad Oji says the country’s oil production has increased from 2.2 million barrels per day (bpd) in 2021, when the current government took office, to 3.6 million bpd in the current year, IRIB reported.
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2024-07-09 13:25
Iran’s oil production to reach 4m bpd
TEHRAN - The Iranian Oil Minister Javad Oji has said the country plans to increase its daily crude production to 4.0 million barrels per day (bpd) by late March 2025 and the preparations for the mentioned increase are currently underway, IRNA reported.
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2024-06-12 13:22
Iran’s May oil output rises 7,000 bpd: OPEC
TEHRAN - Iran produced 3.226 million barrels per day (bpd) of crude oil in May, registering a 7,000 bpd increase compared to the previous month, according to OPEC’s latest monthly report.
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2024-05-26 14:52
Iran’s oil exports recover from sanctions pressures during Raisi tenure
TEHRAN - Ever since the late Iranian President Ebrahiam Raisi took power in August 2021, the country’s oil exports have been on an upward trajectory.
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2024-05-26 13:54
Iran to boost oil output by 400,000 bpd
TEHRAN – Iran’s Economic High Council, in its lates meeting, has ratified a plan to increase the country’s oil production by 400,000 barrels per day (bpd).
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2024-05-18 14:44
Iran's oil output reaches 3.2m bpd in February: IEA
TEHRAN- Iran’s oil production increased by 50,000 barrels per day (bpd) in April from March, the International Energy Agency (IEA) announced in its latest monthly report.
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2024-05-15 15:25
Iran’s April oil output rises 14,000 bpd: OPEC
TEHRAN - Iran produced 3.212 million barrels per day (bpd) of crude oil in April, registering a 14,000 bpd increase compared to the previous month, according to OPEC’s latest monthly report.
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2024-05-10 12:59
Iran's oil production up by 60% in 2.5 years: Oji
TEHRAN - Iran's Oil Minister Javad Oji says the country’s oil production has increased by 60 percent in the current government starting August 2021, Shana reported.
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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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2024-04-19 15:27
Iran to set new record in oil, gas production this year
TEHRAN - Iranian Oil Minister Javad Oji has said Iran recorded a 20 percent increase in oil and gas production in the previous Iranian calendar year 1402 (March 21, 2023- March 19, 2024), predicting a higher production this year.
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2024-04-17 14:52
Biden unlikely to intensify sanctions on Iran's oil sector: report
TEHRAN – A Reuters report on Tuesday said the Biden administration is unlikely to take any dramatic sanctions action on Iran's oil exports after Iran’s response to Israel, due to worries about boosting oil prices and angering top buyer China.
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2024-04-16 15:22
Iran’s oil output hits 3.25m bpd in March: EIA
TEHRAN - The U.S. Energy Information Administration (EIA) has announced in its latest report that Iran produced 3.25 million barrels per day (bpd) of oil in March 2024, 20,000 bpd more than the previous month.
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2024-04-13 15:20
Iran’s oil price, output surge in March 2024: OPEC
TEHRAN - 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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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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2024-02-25 15:00
Iran's oil production rise in 2023 exceeded expectations: IMF
TEHRAN - The International Monetary Fund in its latest report on Iran’s microeconomic indicators has said the increase in Iran’s oil production in 2023 exceeded expectations, IRNA reported.
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2024-01-31 14:01
Iran’s oil exports rise 50% in 2023, reaching 5-year high: report
TEHRAN - Iran's crude oil exports grew by roughly 50 percent in 2023 to a five-year high of about 1.29 million barrels per day (bpd), with the vast majority going to China, Nikkei Asia reported.
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2024-01-20 13:54
Iran accounts for 12% of OPEC oil revenues in 9 months: IEA
TEHRAN - The International Energy Agency (IEA) has put Iran's oil income in the first nine months of 2023 at about $34 billion, which was equivalent to 12 percent of OPEC's total income in this period, Shana reported.