Iran's oil revenues have reached $29 billion in the first nine months of the current Iranian calendar year ending March 20, according to a top official with the Petroleum Ministry.
Iran's exports of oil and oil condensates
Russia and several other non-Opec nations have pledged to curb oil production next year at a meeting in Vienna, joining forces with the Organization of Petroleum Exporting Countries to end a global glut that’s crashed oil prices and shaken
The Opec (Organisation of the Petroleum Exporting Countries) will seek to persuade the non-Opec nations to cut production at its crucial meeting in Vienna on Saturday as part of a newly struck global agreement to stem a crude glut and lift painf
The Organization of Petroleum Exporting Countries has reached a deal to cut production by 1.2 million barrels per day (bpd) - its first output cut since 2008 - to clear a record global crude glut, said a report, citing sources.
Iran has commenced oil production from North Yaran oilfield with an output of 30,000 barrels per day with the 10 wells drilled so far, the project's development manager was quoted as saying in a report.
Iran's priority is
Opec secretary-general Mohammed Barkindo said the meeting of Opec members and non-Opec producers in Algiers this month would be an informal meeting for consultations and not for decision making, Algerian state news agency APS said on Satuday.
Libya may be forced to slash oil production within days if a stand-off between eastern and western factions that has prevented loadings at the Marsa al-Hariga port continues, an official from state oil firm NOC in Tripoli told Reuters on Thursda