IOTCO: Iran’s Petroleum Minister Bijan Namdar Zangeneh has announced Tehran’s plan to increase the level of Iranian oil production to four million barrels per day (bpd).

IOTCO : The latest market figures show Iran’s oil production rose by 100,000 barrels per day (bpd) in March – a yet another sign of the country’s positive performance after the removal of multiple-year sanctions.

IOTCO: Iran’s oil exports have risen to 1.8 million barrels per day (bpd) for the first time since 2012, Managing Director of the National Iranian Oil Company (NIOC) Rokneddin Javadi says.

IOTCO : Iran said on Sunday that it has increased its oil production capacity by 400,000 barrels per day (bpd) thus almost materializing an earlier pledge to raise output by 500,000 bpd after the removal of the sanctions.

IOTCO: Austrian energy company OMV has announced its readiness to resume developing the Cheshmeh Khosh oilfield in western Iran.