Iran produced nearly 3.2 million barrels of crude oil in March, up 28,000 barrels from February, leading the members of the Organization of Petroleum Exporting Countries (OPEC) in production.
More than 1,500 domestic and 250 foreign companies will participate in the 28th International Iran Oil and Gas Expo, the public relations department of National Iranian Oil Company (NIOC) announced.
Iran’s oil production increased by 50,000 barrels per day (bpd) in the first two months of 2024 to hit 3.2 million bpd, according to a recent report by the International Energy Agency (IEA).
The largest contracts in the history of the country's oil industry worth more than $13 billion were signed in the presence of the first vice president Mohammad Mokhber on Sunday.
Iran’s Oil Minister Javad Owji has announced that the Islamic Republic and Russia have signed 15 documents to promote bilateral cooperation in political and economic fields.
High fuel consumption and low-quality domestic cars are some of the most main factors in increasing gasoline consumption in Iran. In addition to increasing the consumption of gasoline, these cars play a significant ...
