Iran'.s current oil production stands close to 3.8 million barrels per day.
Read More »Oil Minister Reveals Rare Oil Plan with Iraq
The two neighbors share 6 oilfields namely Azar. Dehloran. West Paydar. Naft-Shahr. Azadegan and Yadavaran.
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.
Read More »Technology. Investments Crucial to Oil Sector
Enhanced oil recovery is the implementation of various techniques for increasing extraction from an oilfield.
Read More »Iran Launches 15.000 Bpd Production From Azar Field
Iran is firm in its self-proclaimed mission to reach pre-sanction levels of oil output and exports.
Read More »Iran to Keep Oil Output at 3.8 mb d in 2H17. if OPEC Extends Cut Deal
According to OPEC’s deal. Iran was allowed to increase its oil output by 90.000 b d to 3.797 mb d in 1H17.
Read More »Oil Minister Underlines Potential in Oil Equipment Production
Nearly two-thirds of demand for oil and gas equipment is met by domestic manufacturers.
Read More »Iran Sells $8.2bn Oil Products
The daily revenue in the current year hit 22.5 million dollars.
Read More »Zanganeh Reiterates Policy to Augment SP Gas Production
Iran wants to increase daily gas output to a total of 1.2 billion cubic meters by 2021 from around 800 million cubic meters.
Read More »Iran and Iraq to Ramp Up Oil Production Despite OPEC Cuts
According to the IEA. Iraq will increase its output to 5.4 million barrels per day by 2022.
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