The secretary general of the Organization of the Petroleum Exporting Countries (OPEC) says Iran is one of the most important founding members of the intergovernmental energy body and plays a significant role in bringing stability to the global oil market.
The construction of Iran’s first bioethanol plant has made 85% progress, according to Deputy Minister of Industry, Mine, and Trade.
Russians will soon start “executive operations” on developing two oilfields in Iran, Managing Director of the National Iranian Oil Company (NIOC) Mohsen Khojasteh-Mehr said.
The 26th International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2022) kicked off at Tehran Permanent International Fairground on Friday.
National Iranian Oil Company (NIOC) plans to increase the country’s crude oil production capacity to 5.7 million barrels per day (bpd) over the next eight years, Mohsen Khojasteh-Mehr, the company’s managing director, said on Thursday.
The 26th International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2022) is scheduled to kick off on May 13 at Tehran Permanent International Fairgrounds, Shana reported.
Iranian Oil Minister Javad Oji says the oil industry has brought the country over $43 billion of revenues in the previous Iranian calendar year (ended on March 20).
The National Iranian South Oil Company (NISOC), which is the largest oil and gas company in the country in terms of output, says it has increased its production by nearly 600,000 barrels per day (bpd) compared to figures recorded in August.
Iran has the equivalent of over 1.2 trillion barrels of oil and gas as a senior Oil Ministry official says the country will be able to tap those reserves for at least a century from now.
Iran’s oil production has reached pre-sanction levels, the country’s Oil Minister Javad Owji said.