Iran’s Oil Export Doubles to 3.8mb/d

• Thursday, 16th June 2016
• by Egypt Oil & Gas

Iranian Ministry of Petroleum announced that the country's crude oil exports have doubled crossing the level of 3.8mb/d with over 2m barrels being exported to foreign destinations, since Iranian President, Hassan Rou ...

Iran to Sell Oil to India in Euro

• Wednesday, 15th June 2016
• by Egypt Oil & Gas

Iran will receive euro payments for its oil exports to India, and the sales in rupees will stop, the Central Bank of Iran (CBI) announced.

IEA: Iran to Add 500,000b/d of Oil from Existing Fields in 2016

• Thursday, 31st March 2016
• by Egypt Oil & Gas

Iran is expected to add 500,000b/d of oil supply within a year from its existing oilfields, but developing new fields would take time, the Head of the International Energy Agency (IEA), Fatih Birol, said.