oil sector
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Iran Holds World’s 3rd Largest Oil Reserves
SHANA (Tehran) – Iran ranked as the world’s third-largest holder of proven oil reserves after Venezuela and Saudi Arabia.
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EC Ratifies NIOC Plan to Boost Oil Production
SHANA (Tehran) - The Economic Council approved a plan proposed by the National Iranian Oil Company (NIOC) to boost oil production in 34 oil fields.
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Oil Sector Growth Stood at 14.7 Percent Last Year
SHANA (Tehran) - The head of Central Bank of Iran (CBI) Mohammadreza Farzin says that the oil sector’s growth stood at 14.7 percent during the last Iranian year of 1402, which ended on March 19, 2024.
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Oil Sector Continues Growth in 1Q
SHANA (Tehran) - Oil sector growth was announced as positive over the first three months of the current Iranian calendar year of 1403, which began on March 21.
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Iran’s oil sector annual economic growth doubles despite sanctions
SHANA (Tehran) – Iran’s oil sector has witnessed a twofold increase in its annual economic growth in autumn 2023, said the government’s economic spokesman on Tuesday.
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Iranian oil sector’s economic growth up 368%
SHANA (Tehran) – The Iranian oil sector’s economic growth rate jumps 368 percent year on year (YoY) in spring 2023.
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Oil sector’s economic growth up 368% YoY, exports account for over 24% of Iran’s GDP growth
SHANA (Tehran) – The Iranian oil sector’s economic growth rate jumped 368 percent year on year (YoY) in spring 2023.
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Spox: Iran oil sector’s annual economic growth up 15.4%
SHANA (Tehran) – The Central Bank of Iran (CBI) report showed a 15.4 percent economic growth in the country’s oil sector in the previous Iranian year, which ended on March 20, 2023, said the administration’s economic spokesman on Tuesday.