Iran has the third largest proven oil reserves across the world, new figures by the Organization of Petroleum Exporting Countries (OPEC) show. According to the data, Iran is in possession of a total of 208,600 billion barrels of oil, which remained unchanged between 2019 and 2022. The figure stood at 155,600 billion barrels in 2018, but it surged ...

Daily look at Irans late-breaking news and upcoming events:   Iran unveils latest military achievements Irans latest army achievements in different fields were unveiled in the presence of the Commander of Irans Army Ground Forces Brigadier General Kioumars Heydari on Thursday.   Irans president delivers speech as he hosts foreign ...

MNA Iranian Oil Minister Bijan Zanganeh said the countrys oil reserves have reached from 88 billion barrels during the Islamic Revolution in 1979 to 160 billion barrels, showing a considerable hike. Irans gas industry was also revived after the Islamic Revolution, Zanganeh added. Speaking in a TV program late on Wed., he pointed to Irans achievements ...

MNA Irans Minister of Petroleum Bijan Zanganeh said Tuesday the countrys recoverable oil stood at 160 billion barrels. Although Irans crude oil production has dropped from 5 mb/d [in 1979] to about 4 mb/d today, the significant point is that the countrys recoverable liquid hydrocarbon reserves have increased from 88 billion to 160 billion barrels ...

Shana -- New crude oil discoveries in the Persian Gulf may bring Iran's rank among holders of the biggest oil and gas reserves in the world, a senior energy official said. Managing director of Fuel Conservation Company of Iran Ali Vakili said a golden triangle of oil deposits has been recently discovered in the Persian Gulf which will most probably ...