Iran has been producing around 3.8 million bpd of oil in recent months.
Read More »Iran to Raise Oil Production to 4.5 Million bpd Within Five Years
Oil exports are expected to reach up to 2.5 million bpd within five years.
Read More »Iran Reluctant to Ship Its Oil to Americas
Iran for exporting its oil to Americas needs to carry out further studies.
Read More »Russian Oil Giants Submit Plans to Develop Iran`s Oilfields
Lukoil and Indonesia’s Pertamina individually proposed plans to develop the Bangestan reservoir of the Mansouri oil field southeast of Ahwaz.
Read More »OPEC. Non-OPEC Unlikely to Increase Size of Output Cut
The cut deal is very likely to be extended through to mid-2018 and even maybe end-2018.
Read More »Iran Greets Cooperation between OPEC. Non-OPEC Countries for Maintaining Oil Market Stability
The project has faced repeated delays since it was conceived in the 1990s to connect Iran'.s South Pars gas field to Pakistan.
Read More »Russia`s Energy Minister Sees 2018 Oil Price in Range of $45-$55 Barrel
China had asked Russia about the possibility of shipping around 3.5 million tonnes of oil via the Russian Pacific port of Kozmino next year.
Read More »Iran Says OPEC Compliance with Output Pact Increasing
Under the agreement OPEC is curbing its collective oil production by about 1.2 million bpd.
Read More »China`s CNOOC to Explore New South China Sea Block with SK Innovation
CNOOC. according to its website. is looking for foreign partners to explore and develop 22 blocks this year.
Read More »Iranian Ports Import. Export of 4.1 mln Tons of Oil Products
The country currently produces 513.500 tons of crude oil per day of which 230.000 tons are refined.
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