Oil Exports

Iran to boost oil exports infrastructure on Kharg Island

Tehran, IRNA – The head of the Iranian Oil Terminals Company (IOTC) says that the oil export infrastructure will be developed on Kharg Island in the south of Iran.
2 months ago
Iran’s oil output up 630,000 bpd y/y in Jan-March: Report

Tehran, IRNA – The US Energy Information Administration (EIA) has announced in its latest report that Iranian oil production has surpassed 3,250 million barrels per day (bpd), indicating that Iran’s oil production increased by 630,000 bpd year-on-year from January to March.
9 months ago
Iran’s oil output hits 3.2 mn bpd in February: EIA

Tehran, IRNA – The US Energy Information Administration (EIA) has announced in its latest report that Iran produced 3.2 million barrels of oil per day (b/d) in February 2024, stabilizing its third place in the Organization of Petroleum Exporting Countries (OPEC).
10 months ago
Sanctions, sabotage acts failed to halt Iran’s oil industry progress: Minister

Tehran, IRNA – Iran’s Oil Minister Javad Owji has said that sanctions and acts of sabotage have failed to stop the country’s progress in the oil industry, with the Islamic Republic now exporting its oil to any destination it wants.
10 months ago
US illegally seizes over 500,000 barrels of Iranian oil

Tehran, IRNA – The United States Department of Justice has announced that it has seized more than 500,000 barrels of Iranian oil.
11 months ago
Iran’s oil exports up 50% in 2023: Report

Tehran, IRNA – A report shows that Iran’s oil exports increased by half last year despite sanctions imposed on the country by the United States.
11 months ago
Iran’s oil export at $34bn in 9 months to September: IEA

Tehran, IRNA – Figures by the International Energy Agency (IEA) show that Iran earned about $34 billion in oil export revenues in the nine months to September 2023.
11 months ago
Iran’s oil exports at $26.46bn in 9 months to late Dec.: IRICA

Tehran, IRNA - The head of the Islamic Republic of Iran Customs Administration (IRICA) has announced that the country's oil exports totalled $26.46 billion in the first nine months of the current calendar year.
Older than a year
US think tank gets angry at growth in Iran oil exports

Tehran, IRNA – An American foundation has expressed frustration over the increase in Iran’s oil exports, despite the US sanctions that were imposed on the country.
Older than a year
Iran exports 1.5 mln bpd of oil to China: Kpler

Tehran, IRNA -- Kpler has said in a report that Iran exported 1.5 million barrels per day (bpd) of crude oil to China in August 2023.
Older than a year
Iran producing nearly 3.2 mln bpd of oil: Minister

Tehran, IRNA - Iran’s Oil Minister Javad Owji says that the Islamic Republic is producing about 3.2 million barrels per day (bpd) of crude oil.
Older than a year
Iran’s oil revenues up 79%: MP

Tehran, IRNA – Hossein Hosseinzadeh, a senior Iranian Member of Parliament, referred to a 79 percent growth in Iran's oil revenues, noting that the country's increased oil revenues have made up for a major deficit in the fiscal budget.
Older than a year
Iran's oil output up 80K bpd to 2.87 mln bpd in May: IEA

Tehran, IRNA - The International Energy Agency (IEA) has announced that Iran’s crude oil production volume reached 2.87 million barrels per day (bpd) in the fifth month of 2023.
Older than a year
Iran exports $19 bn of crude oil Jan-May

Tehran, IRNA – The latest data released by the Energy Information Administration of the United States (EIA) shows that Iran has exported $19 billion of crude oil in the first five months of 2023.
Older than a year
Iran key player in global oil market: OPEC chief

Tehran, IRNA – Secretary General of Organization of Petroleum Exporting Countries (OPEC) Haitham Al Ghais has said that Iran is a founding member of OPEC and a key player in the global oil market.
Older than a year
Iran’s 11-month oil revenues up 83m barrels YOY

Tehran, IRNA – In the first 11 months of the current Iranian year (March 21 – February 19), Iran has sold some 83 million barrels more oil than that sold in last year’s corresponding period, Oil Minister Javad Owji said on Sunday.
Older than a year
Iranian daily oil production increases 140,000 barrels: EIA

Tehran, IRNA – Figures by the US Energy Information Administration (EIA) in a report entitled "Annual Energy Outlook 2022 (AEO2022) show that Iran's average oil production in 2022 was 2.54 million barrels per day, Iran's oil production in 2021 was about 2.4 million barrels per day, according to which, in 2022, Iran's total oil production has increased by 140,000 barrels per day compared to the previous year.
Older than a year
Iran’s oil revenues at $34bn in 7 months to July: EIA

Tehran, IRNA – Figures by the U.S. Energy Information Administration (EIA) show that Iran earned about $34 billion in oil exports revenues in the seven months to July 2022.
Older than a year
Iran oil production rises to 3.17m bpd in 2021

Tehran, IRNA – British Petroleum (BP) in its recent statistical review of world energy said that Iran's crude oil and condensate production rose to 3.17 million barrels per day with a growth of 16.1%. in 2021.
Older than a year
Iran can increase oil sale by investing in offshore refineries: MP

Tehran, IRNA – An Iranian lawmaker said that the country could invest in offshore refineries through exporting technical and engineering services to increase its oil exports, as constructing new refineries is too expensive.
Older than a year
Iran to increase oil production capacity by 200k BPD by early 2023

Tehran, IRNA – The CEO of the National Iranian Oil Company (NIOC) and deputy oil minister of Iran said that Iran's oil production capacity will increase by 200,000 barrels per day by the end of the current Iranian year, which began on March 21, and reach 4.038 BPD by late March 2023.
Older than a year
Integrated development plan to up Azadegan oil field revenue by $14b

Tehran, IRNA – Iran has invested 7 billion dollars in a 7-year integrated development plan for Azadegan joint oilfields that will bring $14 billion extra revenue on a yearly basis for the country.
Older than a year
Iran oil exports remain above 1m bpd

Tehran, IRNA – Iran continued to export more than one million barrels of oil per day (bpd) in the two first months of the new Iranian calendar year (March 21 - May 21).
Older than a year
Iran won’t keep oil projects waiting for foreign companies: Official

Tehran, IRNA – The CEO of National Iranian Oil Company (NIOC) said that Iran wouldn’t keep oil projects waiting for foreign companies, as President Ebrahim Raisi’s administration has restored one million bpd production lost in recent years.
Older than a year
Iran oil export to China surges

Tehran, IRNA – The Islamic Republic of Iran has exported 337 million barrels of oil to China since the start of 2021 and the price of each barrel increased from 56 dollars to 97 dollars during this period, so the average oil price shows Tehran has not sold oil in cheap price.
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Iran raises April crude oil selling prices for Asia

Tehran, IRNA – National Iranian Oil Company has increased the official selling price (OSP) of crude oil for export to Asian customers in April 2021.
Older than a year
Iran to set out constructing first ever petrorefinary

Tehran, IRNA – Iran is going to start construction of its first ever petrorefinary next Persian year (later in 2022), Oil Minister Javad Owji said on Tuesday.
Older than a year
Iran oil export growing month over month

Tehran, IRNA - An informed source in the Ministry of Petroleum of the Islamic Republic has said that Iran's oil export increased month over month and that the export shows a record unprecedented in last three years.
Older than a year
Result-oriented foreign policy annuls sanctions: Gov. spox

Tehran, IRNA – Spokesman for the Iranian government said that the result-oriented foreign policy adopted by Iran has neutralized sanctions.
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President: Iran ups oil exports by 40%

Qom, IRNA - Iranian President Ebrahim Raisi said on Thursday that the country’s oil export has increased by 40% and the revenues from oil exports return to the country.
Older than a year