تیتر سه سرویس
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Iran boosts oil production capacity by 285,000 bpd in two years
SHANA (Tehran) – Iran’s oil industry has significantly expanded its production capacity over the past two years despite continued sanctions, financial and technological constraints, and security tensions, according to official figures.
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OPEC basket price surges above $110 in September
SHANA (Tehran) – The average price of the Organization of the Petroleum Exporting Countries’ crude basket rose by $24.15 in September 2026 from the previous month, exceeding $110 per barrel, according to OPEC’s October monthly report released Tuesday.
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OPEC+ ministers pledge continued coordination as shipping costs surge
SHANA (Tehran) – Energy and oil ministers from nations in the Declaration of Cooperation met Monday on the sidelines of the 17th International Energy Forum (IEF) ministerial meeting and the 25th World Petroleum Congress (WPC) Energy Congress in Riyadh.
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Seven OPEC+ members keep November output steady
SHANA (Tehran) – Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman agreed Sunday to hold November oil production at September levels, reaffirming their commitment to market stability.
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OPEC: From quotas to managing the future oil market
SHANA (Tehran) – As the Organization of the Petroleum Exporting Countries (OPEC) marks the beginning of its 66th anniversary, one fact is clearer than ever: Without stable, predictable and responsible management of the global oil market, economic growth and social welfare are exposed to serious instability. A lack of predictability and stability would have far-reaching consequences for global oil and energy markets and, ultimately, the international economy.
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OPEC at 66: From Baghdad to the heart of the global oil market
SHANA (Tehran) – Sixty-six years ago, in September 1960, five oil-producing nations—Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela—gathered in Baghdad and established the Organization of the Petroleum Exporting Countries (OPEC). Since then, OPEC has become one of the most influential players in the global energy market.
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South Azadegan field restores 10 wells, adds 30,000 barrels a day
SHANA (Tehran) — Ten Fahlian and Gadvan formation wells in the South Azadegan joint oil field have returned to production following completion of the first phase of an engineering, procurement and drilling (EPD) project led by the National Iranian Oil Company's (NIOC) Exploration Directorate.
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SNSC: Iran’s oil exports continue uninterrupted
SHANA (Tehran) – The Secretary of Iran's Supreme National Security Council has emphasized that the country's oil sales are ongoing without disruption, stating that trade continues smoothly and there are no issues in this regard.
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Seven OPEC+ states reaffirm production cuts, market stability
SHANA (Tehran) – Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman reaffirm commitment to market stability.
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Iran hits seven-year crude production high
SHANA (Tehran) - Iran has recorded its highest crude oil production in seven years, with output rising about 10% in 1403 compared with 1402 and another 3.5% in 1404, according to Reza Kheilaei, director of oil and gas production monitoring at the National Iranian Oil Company.
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Iran continues delivering oil to customers, minister says
SHANA (Tehran) – Iran continues to sell crude oil and deliver it to customers at sea beyond the country’s territorial waters, Oil Minister Mohsen Paknejad said.
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Oil output rises by more than 200,000 bpd
SHANA (Tehran) – Iran has increased its oil production capacity by more than 200,000 barrels per day over the past two years, reaching its highest level in at least eight years, National Iranian Oil Company CEO Hamid Bovard said.
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Iran holds 3rd place in OPEC oil output
SHANA (Tehran) – Iran’s crude oil production rose by 26,000 barrels per day in July 2026, reaching 2.478 million barrels per day and maintaining the country’s position as OPEC’s third-largest producer after Saudi Arabia and Iraq, according to the organization’s latest monthly oil market report.
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Seven OPEC+ nations trim output slightly, reaffirm commitment to market stability
SHANA (Tehran) – Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman are adjusting oil production and reaffirming their commitment to market stability.
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Sepehr-Jofeir oil field production set to hit 110,000 bpd by yearend
SHANA (Tehran) – Iran's Petroleum Engineering and Development Company (PEDEC) is targeting production of 110,000 barrels per day at the Sepehr-Jofeir oil field by the end of the current Iranian calendar year, the company's managing director said.
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Iran holds steady as OPEC's No. 2 oil producer
SHANA (Tehran) – Iran maintained its position as OPEC's second-largest oil producer in June, according to the organization's latest monthly report, with output rising to 2.441 million barrels per day (bpd).
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NIOC speeds up oilfield development, flare gas recovery
SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) emphasized accelerating oil and gas field development, removing project bottlenecks, increasing production, and fast-tracking flare gas recovery projects as key strategic priorities for Iran’s oil industry.
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Seven OPEC+ members approve August production increase
SHANA (Tehran) - Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman have agreed to adjust their oil production while reaffirming their commitment to maintaining global oil market stability.
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Oil minister to hold energy talks With BRICS counterparts
SHANA (Tehran) – Iran’s oil minister will meet with energy officials from BRICS member countries during a visit to India for the 11th BRICS Energy Ministers’ Meeting, according to the head of public relations and spokesperson for the Oil Ministry.
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Oil exports poised for growth amid flexible strategies
SHANA (Tehran) – Oil Ministry said it is prepared to expand crude oil exports by leveraging a range of export mechanisms and opportunities created by the partial suspension of sanctions, while maintaining uninterrupted operations despite years of sanctions and recent military conflict.
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US Treasury issues waiver for Iranian crude exports
SHANA (Tehran) – The United States authorized the production, delivery and sale of Iranian oil for 60 days, implementing a key provision of a recent memorandum of understanding between Washington and Tehran aimed at advancing talks toward a final agreement.
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Reshadat field upgrade expected to add 35,000 bpd
SHANA (Tehran) – The head of the Iranian Offshore Oil Company (IOOC) said installation of the P4 processing platform at the Reshadat oil field will significantly increase Iran’s offshore oil production capacity in the Persian Gulf.
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NISOC to boost processing capacity, crude output
SHANA (Tehran) – Iran’s largest oil producer plans to increase its processing capacity and crude oil output by the end of the year as development projects continue despite wartime challenges, according to the chief executive of the National Iranian South Oilfields Company (NISOC).
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Iran heavy crude price jumps above $115 per barrel
SHANA (Tehran) – Iran’s heavy crude oil price rose by $10.24 in May 2026 from the previous month, reaching $115.39 per barrel, while total crude production by OPEC members declined by 177,000 barrels per day (bpd), according to OPEC’s latest monthly report.
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OPEC+ reaffirms cooperation, eyes 2027 targets
SHANA (Tehran) – The 41st OPEC and non-OPEC Ministerial Meeting reaffirmed the alliance's commitment to oil market stability, extending current crude production targets through the end of 2026, maintaining oversight by the Joint Ministerial Monitoring Committee and endorsing plans to strengthen long-term cooperation among participating countries under the Declaration of Cooperation and the Charter of Cooperation.
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OPEC+ advances gradual output increase
SHANA (Tehran) – Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman adjust production and reaffirm commitment to market stability.
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The value of OPEC to its Member Countries
SHANA (Tehran) – The value of OPEC can be demonstrated in a range of historic and current benefits for Member Countries that have been seen throughout the Organization’s almost 66-year history. These can be summarized in six key points:
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Saudi Arabia, Iran lead OPEC oil production in April
SHANA (Tehran) – Saudi Arabia and Iran remained the top oil producers in the Organization of the Petroleum Exporting Countries in April 2026, according to OPEC’s latest monthly report.
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Seven OPEC+ states adjust production, reaffirm commitment to market stability
SHANA (Tehran) – The seven OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman met virtually on May 3, 2026, to review global market conditions and outlook.
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OPEC monthly oil output falls by nearly 8m barrels
SHANA (Tehran) – Daily crude oil production by member countries of the Organization of the Petroleum Exporting Countries (OPEC) dropped by 7.878 million barrels to 20.788 million barrels per day, according to the group’s latest report.