oil production
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Energy7 years ago
Iran to spend $21 billion on oil projects: GlobalData
The spending is aimed at ensuring that production grows to around 4.9 million barrel per day (bpd) in 2021, according to the UK-based company.
Iran to spend $21 billion on oil projects: GlobalData
Energy7 years ago
NIOC signs second major oil deal this year: Tasnim
The National Iranian Oil Company (NIOC) and the Pasargad Energy Development Company (PEDC) were to sign development Jofeir and Sepehr oilfields in southwest Iran.
NIOC signs second major oil deal this year: Tasnim
Iraq8 years ago
Iraq warns Kurdistan not to disrupt oil flow
The Iraqi government warns the Kurdish authorities not to cause disruption in oil flow after the KRG significantly reduces crude production in northern Iraq.
Iraq warns Kurdistan not to disrupt oil flow
Interviews8 years ago
‘Kurdistan independence to lead to breakup of Iraq’
An analyst says the independence of Kurdistan will lead to a definite breakup of the Republic of Iraq and create an armed conflict.
‘Kurdistan independence to lead to breakup of Iraq’
Nigeria8 years ago
Nigeria’s economy shrinks by 0.5%
Nigeria's economy contracted for a fifth straight quarter, official figures showed Tuesday, as low oil production dented overall output.
Nigeria’s economy shrinks by 0.5%
Energy8 years ago
Iran: No problem for oil talks with Saudis
Minister of Petroleum Bijan Zangeneh made the remarks after talks with his Venezuelan and Omani counterparts in Tehran on Tuesday night.
Iran: No problem for oil talks with Saudis
Reports9 years ago
Non-OPEC oil producers agree to cut output
Oil producers outside the Organization of the Petroleum Exporting Countries, OPEC agree to cut output by nearly 560,000 barrels a day.
Non-OPEC oil producers agree to cut output
Business9 years ago
OPEC agrees first oil output cut in 8 yrs
OPEC last slashed output in 2008 due to a slump in oil demand and prices amid the global financial crisis.
OPEC agrees first oil output cut in 8 yrs
Energy9 years ago
Iran operates oil field shared with Iraq
Production from the field begins with 30,000 barrels per day on the back of 10 wells drilled so far.
Iran operates oil field shared with Iraq
Energy9 years ago
Iran committed to market stability: OPEC
One bright spot is the fact that Iran is nearing the production levels which it has been working to achieve since the lifting of sanctions.
Iran committed to market stability: OPEC
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