Iran began pumping 15,000b/d of crude oil from Azar oilfield, which it shares with Iraq, Iran Business News reported. Azar development project is aimed at production of 65,000b/d of crude oil. Crude oil recovery from ...
Iran will keep its oil production cap at 3.8mb/d in the second half of 2017 if the members of the Organization of Petroleum Exporting Countries (OPEC) stay committed to the oil cut agreement signed in November 2016, R...