oil production

OPEC chief in Tehran to discuss global oil market

OPEC Secretary General Haitham Al Ghais is scheduled to hold separate meetings with Iranian President Ebrahim Raisi and Oil Minister Javad owji in Tehran on Saturday to discuss the issues surrounding the global oil market.

Energy

Iran Oil Show to open in Tehran on Wednesday

The 27th edition of Iran Oil Show is scheduled to open in Tehran’s Permanent International Fairground on Wednesday (May 17).

Energy

Iran oil production up 40k bpd in Q1

The US Energy Information Administration (EIA) in a report announced on Friday that Iran’s oil production has increased by 40,000 barrels per day in the first quarter of 2023, adding that the country ranks second in terms of oil production growth among members of Organization of the Petroleum Exporting Countries (OPEC).

Energy

Iran’s oil output unchanged at 2.65mn bpd in March

Iran’s oil output in March remained unchanged at 2.65 million barrels per day (bpd), compared to the previous month, according to the International Energy Agency (IEA).

Energy

Iran’s petroleum output does not match reserves: Minister

Iran’s current oil and gas production does not match the country’s recoverable reserves, Iranian Oil Minister Javad Owji has said.

Energy

Iranian oil production up 37,000 bpd in Q1: OPEC

In its latest report, the Organization of the Petroleum Exporting Countries (OPEC) announced the increase of 37,000 barrels per day (bpd) of Iranian oil production in the first quarter of 2023, and announced the average price of Iranian heavy oil in this period at $80.67.

Energy

Iran’s oil production up 20,000 bpd MOM

Iran’s oil production increased by 20,000 barrels per day (bpd) in February from January, the International Energy Agency (IEA) announced in its latest monthly report.

Energy

Iran produces 2.54 million bpd of oil in 2022: EIA

Recent figures by the US Energy Information Administration suggest that Iran has produced as much as 2.54 million b/d of crude oil in 2022.

Energy

Iran rises to OPEC fourth biggest producer: IEA

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.

Energy

Iran to complete $8 billion worth of petroleum projects by late March

Several unfinished petroleum projects worth $8 billion are scheduled to be completed by the end of the current Iranian year (March 20, 2023), the 0il minister said.

Energy