$1 = Iranian Rials


RSS Economic News

RSS Energy News

  • Iran Gains Superiority over Iraq for Extraction from Joint Field August 30, 2016
    TEHRAN, Aug 30 (Shana) – Operator of Yadavaran Oilfield Development Project Hadi Nazarpour says Iran daily extracts 100,000 bpd oil from the field, which supersedes that of Iraq.
  • Iran Crude Oil Inventories at 28mb August 30, 2016
    TEHRAN, Aug 30 (Shana) -- The Iranian Oil Terminals Company has raised the level of Iran's crude oil inventories from 24 million barrels under the previous administration to 28 under Iranian President Hassan Rouhani.
  • NISOC Mulls 3.03mbd Output by mid-2017 August 30, 2016
    Tehran, Aug 30 (Shana) -- National Iranian South Oil Company (NISOC) says the company is planning to bring its crude oil production to slightly over 3 million barrels per day by March 2017, end of the current Iranian calendar year.
  • Oil Export of North Azadegan Crosses 7mb in 5 Months August 29, 2016
    Tehran, Aug 29 (Shana) -- Operator of North Azadegan Oil Field said the field's oil recovery stands at 75,000 b/d and its exports were more than 7 million barrels in the current calendar year that began on March 20.
  • Zanganeh: Oil Output & Exports Increase is JCPOA Achievement August 29, 2016
    TEHRAN, Aug 29 (Shana) – Minister of Petroleum Bijan Zanganeh said on Monday that increase in production and export of oil is the major achievement of the Joint Comprehensive Plan of Action (JCPOA).