Iran world’s 7th largest crude oil producer in 2023

Mojtaba Damirchilou, the secretary-general of the Eurasian Department at the Ministry of Foreign Affairs proposed the establishment of an energy corridor from Russia passing through Iran to the Persian Gulf on ...

Turkey is interested in buying more gas from Iran, said the director general of the Mediterranean and Eastern Europe department of the Foreign Ministry, adding that transit of Iranian gas to Eastern Europe through ...

Overtaking Iraq, Iran has become the second producer of liquid fuel in the Organization of Petroleum Exporting Countries (OPEC).

Some 15 contracts worth $1.1 billion have been signed on the last day of Iran Oil Show.

Several major water and energy projects are going to be inaugurated by the presidents of Iran and Sri Lanka in the near future, ISNA reported.

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).