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July 11, 2025
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iran oil production
PEDEC head: Sepehr and Jofeir official oil production to commence in near future
Saturday, 12 August 2023 18:44
Tehran (IP) - The Managing Director of the Petroleum Engineering and Development Company (PEDEC) has announced that oil production at the Sepehr and Jofeir fields in southwestern Iran is expected to officially begin during Government Week (August 24-30).
Oil Min: 68 semifinished projects to become operational by mid-March 2024
Monday, 17 July 2023 19:01
IP- On Monday, Iran’s oil minister said 68 semifinished projects worth $15 billion will be put into operation by the end of the current Iranian calendar year (March 19, 2024).
Podcast: Iran self-Sufficient in constructing refinery, petchem plants
Thursday, 06 July 2023 16:52
Tehran (IP)- Talking to reporters on the sidelines of the official ceremony of transfer and installation of the platform of South Pars (SP) Phase 11, the minister hailed the “creative” task of transporting and installing the platform and added it was manufactured three years earlier than the scheduled time. 206
OPEC+ to keep pursuing efforts to stabilize oil market, Saudi minister says
Wednesday, 05 July 2023 18:14
OPEC+ will continue pursuing efforts to stabilize the oil market and will do “whatever is necessary”, Saudi Arabia’s energy minister said.
EI report shows 4.6% rise in Iran oil output
Tuesday, 27 June 2023 08:10
IP- Iran's oil production increased by 4.6% in 2022, according to the Energy Institute's Statistical Review of World Energy published on Monday.
Iran's oil production in Persian Gulf to increase
Monday, 24 April 2023 14:10
A drilling rig was erected off Lavan Island, the Persian Gulf, another step toward boosting oil output, said an Iranian Offshore Oil Company (IOOC) official on Monday.
OPEC+ cut risks straining tight oil market: IEA
Tuesday, 04 April 2023 20:42
Tehran (IP)- Oil production target cuts announced by the OPEC+ group over the weekend risk exacerbating a strained market and pushing up oil prices amid inflationary pressures, the International Energy Agency (IEA) said on Monday.
Ministerial meeting of monitoring committee of oil countries takes place
Monday, 03 April 2023 17:23
IP- The 48th Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Monday, 3 April 2023.
Iran Newspappers: Iran's new budget aims to raise financial resourses
Wednesday, 25 January 2023 07:26
Tehran(IP)- Based on Iran's new budget bill for the new Persian year, the National Iranian Oil Company is projected to sell 1.4 million barrels per day of crude oil at $85 partly by using a barter system. 206
Abadan refinery to launch largest distillation unit in West Asia
Tuesday, 13 December 2022 15:55
Tehran (IP) - The CEO of the National Iranian Oil Engineering and Construction Company announced the implementation of the largest distillation unit in West Asia with a capacity of 210,000 barrels in Abadan Refinery.
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