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oil production

Iran to inaugurate 64 oil projects by March 2024: Minister

Iran’s oil minister on Saturday said 64 semi-finished and new projects, valued at $14.5 billion, will become operational and construction operations of 15 projects, valued at $14.3 billion, will begin by the yearend.

Energy

Iran’s oil output in March hits 2.750 million bpd: IEA

The International Energy Agency (IEA) in its latest report announced that Iran’s crude production volume reached 2.75 million barrels per day (bpd) in the fourth month of 2023.

Energy

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 Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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