Iran exempted from OPEC output cut deal again
MNA – Iranian Minister of Petroleum Bijan Zangeneh said the country was exempted from an agreement among OPEC members to continue capping…
Tag Archives: Iraq’s crude oil production
Azar joint oilfield produces 20mn crude oil barrels
MNA – Managing Director of Petroleum Engineering and Development Company (PEDEC) Touraj Dehghani on Sunday revealed the production of more than 20…
KOGPC boosts Y/Y output by 135kbd
SHANA – Karoon Oil & Gas Production Company (KOGPC) has increased its crude oil production capacity by 135,000 barrels per day in…
Iran has not decided to cut oil output yet: Min. of petroleum
Iran’s Minister of Petroleum Bijan Namdar Zangeneh says the Islamic Republic has not yet decided to cut its crude oil production. Zangeneh…
Iran ranks OPEC’s third-largest oil producer
TEHRAN (ISNA)- Iran’s crude oil production increased in 2014, increasing its rank to the third-largest crude oil producer in the Organization of…
Iraq to stay ahead of Iran for now in rivalry for OPEC No.2 spot
(Reuters) – A full lifting of sanctions on Iran could spark new rivalries within OPEC as Tehran seeks to reclaim its rank as No.…
China more than doubles Iran crude oil imports
China more than doubled its crude oil imports from Iran in November month-on-month amid hopes for sanctions relief on the Islamic Republic,…
IEA: Iranian crude oil exports rising
TEHRAN (FNA)- The International Energy Agency (IEA) announced that Iran’s crude oil exports are rebounding in the wake of a recent nuclear…
Harsher U.S. sanctions on Iran oil sales may have little effect
(Reuters) – The U.S. Congress could soon pass a bill to further squeeze Iran’s oil exports – and its nuclear program –…
Blast disables Iraqi domestic gas pipeline
(Reuters) – An explosion and fire disabled a pipeline carrying gas from Iraq’s northern oilfields to power stations early on Friday, the…