Oil Industry Archives

AMIR Heydari
Iran
Iran's Oil Export
July 27, 2023
0 Comments

Minister describes Iran’s oil sales to be at favorable level

TEHRAN, Jul. 26 (DAY) – The Iranian oil minister on Wednesday described Iran’s crude exports as “favorable”.

AMIR Heydari
Iran's Oil Export
Oil Industry
July 24, 2023
0 Comments

Iran ranks 3rd in oil reserves globally: OPEC

TEHRAN, Jul. 23 (DAY) – Iran has the third largest proven oil reserves across the world, new figures by the Organization of Petroleum Exporting Countries (OPEC) show.

AMIR Heydari
Iran
Oil Industry
July 23, 2023
0 Comments

Iran’s oil revenues up 67% to $42.6 bn in 2022: OPEC

TEHRAN, Jul. 23 (DAY) – Figures by the Organization of Petroleum Exporting Countries (OPEC) show that Iranian oil export revenues rose by 67% last year despite continued pressure of American sanctions on the country.

68 semifinished projects to become operational by mid-March

TEHRAN, Jul. 18 (DAY) – Iran’s oil minister on Monday said 68 semifinished projects worth $15 billion will be put into operation by the end of the current Iranian calendar year (March 19, 2024).

AMIR Heydari
Gas Production
Iran
July 9, 2023
0 Comments

Iran’s daily oil output in Persian Gulf to rise by 10,000 bpd

TEHRAN, Jul. 08 (DAY) – Around 10,000 barrels per day (bpd) is to be added to Iran’s crude oil output, the managing director of the country’s Offshore Oil Company has said.

AMIR Heydari
Gas Production
Iran
July 9, 2023
0 Comments

‘Iran to add 10K bpd to crude oil output’

TEHRAN, Jul. 08 (DAY) – Around 10,000 barrels per day (bpd) is to be added to Iran’s crude oil output, the managing director of the country’s Offshore Oil Company has said.

Iran, Egypt oil ministers discuss energy market, trade

TEHRAN, Jul. 07 (DAY) – Iran’s Oil Minister Javad Owji and Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla held talks in the Austrian capital on Thursday.

Iran signed deals worth $40b in 20 months

TEHRAN, Jul. 05 (DAY) – Iran’s oil minister on Wednesday said his country has signed contracts worth $40 billion with domestic and foreign companies over the past 20 months.

Iran self-sufficient in building refinery, petchem plants

TEHRAN, Jun 29 (DAY) – Iran has become self-sufficient in constructing refinery and petrochemical plant, and also developing oil and gas fields, said Oil Minister Javad Owji.

Iran oil exports on rise despite harsh sanctions: minister

TEHRAN, Jun. 24 (DAY) – Iran’s oil minister said on Friday that the country’s oil products and exports have climbed in spite of harsher sanctions.

AMIR Heydari
Export
Iran
June 24, 2023
0 Comments

Iran’s crude output up by 350k barrels per day in 2023

TEHRAN, Jun. 23 (DAY) – Data from the International Energy Agency (IEA) show that Iran’s crude oil output has increased by about 350 kb/d since the beginning of 2023 in spite of US-led sanctions targeting the country’s oil sector.

AMIR Heydari
Cuba
Iran
June 22, 2023
0 Comments

Iran inked ‘very good’ oil deals with Latin American states

TEHRAN, Jun. 21 (DAY) – Iran’s Oil Minister Javad Owji says Tehran has recently signed “very good” agreements in the upstream and downstream sectors of the oil industry with the three Latin American countries of Venezuela, Cuba, and Nicaragua.