Iran'.s oil production capacity has crossed 4 million barrels per day.
Read More »Iran Ready to Back OPEC Deal Extension
Present volume of Iran’s crude output stands at 3.8 million barrels according to secondary sources.
Read More »Asian Imports of Iranian Oil Rise 27% Year-on-Year in March
Iran needs foreign investment for repairs and upgrading of its oil and gas fields.
Read More »Iran to Finalize Talks with Foreign Oil. Gas Majors
Linde executives point out that European banks are still cautious about doing business with Iran.
Read More »Oil Majors Present Development Plans for Iranian Oil Projects
Azadegan'.s in-place oil is estimated at 33.2 billion barrels.
Read More »Iran will Confirm More International Firms for Oil Tenders
Total has submitted a development proposal for the project.
Read More »Iran in Talks with Russia to Purchase 12 Sukhoi Superjets
The Russian business interest in Iran significantly grew in 2016.
Read More »Russia Remained the World’s Top Oil Producer in January
Analysts and experts are now mostly predicting that oil prices will remain below $60 this year.
Read More »Iran. Iraq to Lead Middle East Oil Growth
Iraq and Iran are the countries where oil production is expected to see the highest growth over the next decade.
Read More »Early Production Starts in Ilam’s Azar Oilfield
The field holds 2.5 billion barrels of crude oil and is expected to produce up to 65.000 bpd.
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