US blacklists companies for trading Iranian oil
The measure was taken as part of the maximum pressure policy
Iranian Oil
Iran reviving oil and gas projects in Persian Gulf
In 2019, NIOC exhausted its supply of offshore drilling platforms
Iran steps up development of Arvand oil field
Iran's Arvandan Oil and Gas Production Company (AOGPC) has continued the development of the joint Arvand oil field with Iraq by placing a drilling rig at the oil …
Iran’s oil output up nearly 13% last year
Iran’s oil production increased by 13% in 2024, according to the Organization of the Petroleum Exporting Countries (OPEC) data. Iran’s oil production had reached an average of 3.257 million barrels per day last year - an …
Iran rejects decline in crude oil export
Head of the Iranian National Oil Company (NIOC) Hamid Bovard stressed that the report of Iran's crude oil export decline is false. He pointed out …
U.S. to restrict Iranian oil exports
The U.S. State Department said it is eyeing measures to clamp down on Iran’s oil exports, Politico reported. Despite the tightening of sanctions on Iran’s economy in recent years, the country’s exports of crude …
Iran increases production of hydrocarbons
Iran’s outgoing administration has managed to increase crude production to 3.6 million barrels per day, Iran’s Oil Minister Javad Owji …
Iran to develop its new oil fields
Iran is prepared to sign contracts worth $2 billion to develop oil fields, CEO of the National Iranian Oil Company (NIOC) Mohsen Khojasteh Mehr …
Iran's foreign trade increases
Iran's foreign trade increased by nearly 48% and reached $10.420 million in March-April. Iran's trade balance, including crude oil, gas …
Iran increases oil production
Iran’s oil production increased by 50,000 barrels per day (bpd) in the first two months of 2024 to hit 3.2 million bpd, the International Energy Agency (IEA) reported. The IEA report said …
Iran intensively developing its oil fields
Iranian President Ebrahim Raisi inaugurated several major projects during his visit to Khuzestan in southwestern Iran. The head of state inaugurated operation of Sepehr and Jofeir oil fields in the West Karun region. Raisi …
Iran's oil minister voices hope for expansion of Moscow-Tehran energy cooperation
Iranian Oil Minister Javad Owji expressed hope that cooperation with Russia in the energy sector will expand. Speaking at a meeting of the intergovernmental commission on trade and economic cooperation between Russia and Iran in Tehran, …
Iran’s oil production increasing
Iran’s oil production has increased to 3.4 million barrels per day (bpd), spokesman of the Iranian Oil, Gas and Petrochemical Products Exporters’ Union Seyyed Hamid Hosseini said. “The latest reports show …
New oil and gas fields discovered in Iran
Iranian Oil Minister Javad Owji announced that Iran has uncovered four new oil and gas fields in the past two years. Owji revealed that …
Iran's oil prices increasing
Iranian oil prices experienced a significant increase of $6.1 per barrel in August, according to recent data from the Organization of Petroleum Exporting Countries (OPEC). These figures reveal that Iran supplied oil to its …
Iranian oil spilled in Persian Gulf
The oil leak from an underwater pipeline occurred in Iran. The spill was recorded in the Genaveh region on the Persian Gulf.
Iran to boost oil production
Iran's crude oil output will reach 3.4 million barrels per day (bpd) by the end of September, the country's oil minister Javad Owji said, despite U.S. sanctions remaining in place. "Our current crude oil …
Iran oil output to rise by summer end
Iran will soon produce 3.5 million barrels of oil per day, chief executive of National Iranian Oil Company (NIOC) Mohsen Khojastehmehr said. According to him, global supply while other crude producers are limiting output. …
Russia, Iran consider cooperation in petrochemistry
Iranian Deputy Oil Minister Morteza Shahmirzae addressed the Russian authorities with a proposal to jointly develop cooperation in the petrochemical sector at the Rosplast-2023 exhibition in Moscow
Iran oil production exceeds 3 million barrels per day
Iranian oil production has surpassed 3 million barrels per day, Iran’s Oil Minister Javad Owji said, according to the Oil Ministry’s website SHANA. “Over the last 20 months, Iran’s oil production has reached …
