Tag Archives: Production

EIA’s forecast for 2018. in contrast. increased compared to the previous outlook. when it was at 40.2 million barrels per day.

Thermal power plants are the pillar of Iran'.s energy mix.

Russia will continue participating in the OPEC deal on oil production limiting despite dissatisfaction with the current prices level.

The president said the nuclear deal has allowed Iran to commercialize its nuclear industry and engage in nuclear trade with other countries.

Iran submitted a request to the panel a few months ago to buy 900 tons of Kazakh yellowcake.

Revenues from oil sales are national wealth and belong to future generations.

In 2012. Iran discovered a new oil layer with in-place reserves of two billion barrels in Sardar-e-Jangal oil and gas field.

During the second half of 2016. BP Iran Limited leased and refurbished an office in Tehran.

Iran is keen on developing renewable energy and diversify its energy mix that heavily relies on fossil fuels for power generation.

Production capacity in the West Karoun oilfields is set to reach 500.000 barrels per day by July from the present 300.000 bpd.