NISOC’s CEO Appointed

SHANA (Tehran) - The National Iranian Oil Company’s CEO Hamid Bovard appointed Ibrahim Piramoun as the CEO of the National Iranian South Oil Company (NISOC) and the principal member of its board of directors.

Iran Boosting Oil Production By 400 thousand b/d

SHANA (Tehran) - The Council of Economy has ratified a plan, in principle, to increase Iran’s oil production by 400 thousand barrels per day.

Oil Revenues Rise By $15b Annually

SHANA (Tehran) - During the 13th administration under the leadership of Ayatollah Raisi, Iran’s oil revenues rose about 15 billion dollars annually when compare with last years of the previous administration in office.

IOOC Suspends Production from Salman Oil Field Temporarily

SHANA (Tehran) - The Iranian Offshore Oil Company (IOOC) has halted oil production from the Salman oil field for a short time to carry out necessary repairs.

Iran’s Oil Production Up By 50 thousand b/d; IEA

SHANA (Tehran) - Iran’s oil production rose by 50 thousand barrels a day reaching 3.3 million barrels per day in April, the International Energy Agency (IEA) announced in its latest monthly report.

Owji Announces 60% Rise in Crude Production in 2.5 Years

SHANA (Tehran) -- Iranian Minister of Petroleum Javad Owji said on Wednesday the 28th Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2024) is a good opportunity to showcase the great achievements of his ministry in recent 2.5 years in the 13th government which took office in August 2021.

Iran starts production from Sohrab oil field shared with Iraq

SHANA (Ahvaz) – Production from Sohrab oil field shared with Iraq officially started by the order of Iran’s Oil Minister Javad Owji issued via videoconference on Tuesday.

Iran oil output up 50% despite sanctions, to hit 3.6m bpd by next March: Owji

SHANA (Tehran) – Iran’s oil production has increased 50 percent since the 13th administration took office two years ago, said Oil Minister Javad Owji on Friday.

Owji: Iran’s oil production hits 3.4m bpd

SHANA (Tehran) – Oil Minister Javad Owji on Wednesday announced that Iran’s oil production has reached 3.4 million barrels per day (bpd).

Iran oil production to hit 3.5m bpd by mid-March 2024: NIOC CEO

Iran regains pre-sanctions OPEC rank with over 1m bpd output hike: NIOC chief

SHANA (Tehran) – Iran has regained its pre-sanctions position in the OPEC crude oil production table with an increase of more than 1 million barrels per day (bpd) achieved under the 13th administration, said the National Iranian Oil Company (NIOC) managing director on Wednesday.

Owji: Iran’s crude oil output rises to 3.3 million barrels a day

SHANA (Tehran) – Iran’s Oil Minister Javad Owji on Wednesday said the country’s real crude oil production has reached 3.3 million barrels per day (bpd).

Oil minister at 14th IPF:

Iran’s oil output rises in 20 months, tops 3 mbd

SHANA (Tehran) – Iran’s oil minister said the country’s oil production has risen to over 3 million barrels per day (mbd) in the past 20 months ago.

Iran oil production in Persian Gulf to increase as drilling rig installed

SHANA (Tehran) – 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 Monday.

CBI: Oil and gas sector posts highest industrial growth in autumn

SHANA (Tehran) – The latest report of the Central Bank of Iran (CBI) showed that the country’s oil and sector witnessed the highest economic growth in autumn and the first nine months of the current Iranian calendar year 1401, which started on March 21, 2022.

29th OPEC+ Ministerial Meeting Concludes

TEHRAN (Shana) -- The 29th OPEC and non-OPEC Ministerial Meeting was held via video conference on Thursday, June 2, 2022, under the chairmanship of Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman, and Co-Chair Deputy Prime Minister of the Russian Federation, Alexander Novak.

OPEC+ Agrees to Raise Output by 648,000 bpd for July

TEHRAN (Shana) – The Organization of the Petroleum Exporting Countries and its allies, OPEC+ coalition, agreed on Thursday to increase crude oil output by 648,000 barrels per day in July.

6% Rise in Iran Refinery Output

TEHRAN (Shana) -- The director of coordination and supervision of operations of the National Iranian Oil Refining and Distribution Company (NIORDC) announced a 6% increase in the output of Iran’s refineries.

Downhole Pumps Boosting North Yaran Oil Output

TEHRAN (Shana) -- The head of North Yaran Oil Field Development Project said announced installation of the fifth downhole pump in the field, and said considering that five more such pumps will be installed in the field by the end of the current calendar year (March 20, 2020), the upward trend of oil production in North Yaran will continue.

Bangestan Reservoir of Nargesi Field Productive: NISOC

TEHRAN (Shana) -- Well No. 13 of Nargesi oilfield has become productive and thus, extraction of oil from the Bangestan reservoir of this field became possible for the first time in Iran, announced the National Iranian South Oil Company (NISOC).

Countdown Begins for Commissioning 23 Wells in South Azadegan

TEHRAN (Shana) -- The National Iranian Drilling Company (NIDC) has about to complete sinking 23 development wells at South Azadegan Oilfield, an NIDC official said.

Iran Crude Oil Production Capacity at 3.7 mbd

TEHRAN (Shana) – An Iranian oil official says the country has the capacity to produce 3.7 million barrels per day of crude oil.

NISOC Ready to Maximize Oil Output

TEHRAN (Shana) -- The CEO of the National Iranian South Oil Company (NISOC) said the company was prepared to bring its oil production to maximum in the shortest time possible.

Iran Mulls Gas Production Enhancement in Khangiran

TEHRAN (Shana) – The CEO of the East Oil and Gas Production Company said that plans were under way to add 2.5 million cubic meters to gas production capacity in Khangiran district, northeastern Iran.