oil production
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Head of NIOC; Iran's oil production to hit 3.5 million barrels per day
According to the CEO of the national oil firm NIOC, Iran will surpass a historic oil production level of 3.5 million barrels per day (bpd) in…
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Iran's crude output increased, according to global energy survey
Figures from the Energy Institute's (EI) Statistical Review of World Energy confirm a significant increase in Iranian crude oil output in 2022,…
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Abadan refinery wonderful embodiment of "we want, we know and we can"
Despite years of Western sanctions, Iranian President Ebrahim Raeisi has inaugurated the first portion of the second phase of the expansion plan…
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Increase in recovery coefficient number means rise in Iran's national wealth
"One percent increase in the recovery coefficient number would add 400 billion dollars to Iran's national wealth," Iran's oil minister said in…