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 since Iranian President, Hassan Rouhani, took office in August 2013, reported SHANA. The country’s crude oil output has c...

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,  Hellenic Shipping News informed. According to Iran Daily, Executive Director ...

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, told Reuters. Iran...