Iran restores South Pars production to pre-war levels
TEHRAN, May 28 (DID) – Iran has restored production at the South Pars industrial hub to its pre-war capacity after a long, intensive repair operation.
TEHRAN, May 28 (DID) – Iran has restored production at the South Pars industrial hub to its pre-war capacity after a long, intensive repair operation.
TEHRAN, May 17 (DID) – Iran’s crude oil storage capacity has increased by 2 million barrels following the commissioning of two refurbished tanks at the Kharg oil terminal in the operational zone.
TEHRAN, Oct. 06 (DID) – The Islamic Republic of Iran Customs Administration (IRICA) said that $23.2 billion of crude oil was exported from the country in the first six months of the current Iranian calendar year (started March 21, 2024).
TEHRAN, Jan. 23 (DAY) – Indian sources said the country is willing to resume importing Iranian crude oil, adding that the issue was discussed in recent bilateral meetings held between the foreign ministers of the two countries.
TEHRAN, Jan. 22 (DAY) – Global crude oil prices fell on Monday amid persistent demand concerns which offset geopolitical concerns in West Asia and an attack on a Russian fuel export terminal over the weekend, media reported Monday.
TEHRAN, Sep. 15 (DAY) – Figures show that the demand for Iranian crude is growing in China, the world’s biggest oil importer, after the extension of supply cuts by Saudi Arabia and Russia and as Tehran is stepping up its oil output and exports.
TEHRAN, Sep. 09 (DAY) – Newly unsealed court papers have publicly confirmed that the US government seized almost one million barrels of Iranian crude oil from the Greek-managed tanker M/T Suez Rajan.
TEHRAN, Aug. 13 (DAY) – Iran has been able to export more than 1.4 million barrels of oil per day(bpd), the head of Planning and Budget Organization (PBO) said Sunday.
TEHRAN, Aug. 09 (DAY) – Iran’s crude production will rise to 3.5 million barrels per day (bpd) by September 22, 2023, the managing director of the National Iranian Oil Company (NIOC) said Wednesday.
TEHRAN, Jul. 30 (DAY) – A senior Iranian businessman says a recent deal between Iran and Iraq to swap Iranian gas and electricity for Iraqi crude oil and mazut will benefit Iran and will remove hurdles created by the US in energy trade between them.
TEHRAN, Jul. 01 (DAY) – US Energy Information Administration (EIA) estimated that Iran’s net oil export revenue hit $54 billion in 2022.