oil
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IOOC Plans to Enhance Output
TEHRAN (Shana) -- The CEO of the Iranian Offshore Oil Company (IOOC) outlined the company's significant steps to increase oil production capacity from Iran's offshore fields in the Persian Gulf and restore production capacity to before the sanctions.
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Iran Gas Industry, Dormant Giant: Expert
TEHRAN (Shana) – A senior expert in energy economics says that the world looks at Iran's gas industry as a dormant giant and is aware of its capabilities in the field of gas and oil. "Good management and governance in the energy sector always requires avoiding haste," he said.
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Min. Says Methods of Selling Oil, not to be Disclosed
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said the methods through which his ministry sold crude oil and gas condensate could not be disclosed, adding the ministry has fulfilled its budget obligations by 110% during the previous Iranian calendar year which ended on March 20.
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Iran's Crude Oil Production Capacity at Pre-Sanctions Levels: Min.
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said the current capacity of oil production in Iran has exceeded 3.8 million barrels per day, reaching the pre-sanctions levels.
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NIOC Eyes 4mbd Crude Oil Output in 2022
TEHRAN (Shana) -- The CEO of the National Iranian Oil Company (NIOC) announced the prospect of a daily production capacity of 4 million barrels of crude oil in the calendar year of 1401 which began on March 21.
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Iran Fully Receives Oil Money: Min.
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said: “The enemy is trying to prevent a jump in Iran's oil exports by seizing our ships. …We took oil to places that the Americans would not even think of.”