Tag Archives | Saudi Aramco

Iran Oil Exports Record 8-Month Rise

Market figures show Iran’s exports of crude oil have reached the highest level since February. Figures released by Bloomberg show that Iran shipped 2.28 million barrels a day (mb/d) of crude oil to international markets in September. The rise came as Iran – together with Iraq that exported 3.98 mb/d last month – took advantage […]

Rising Efforts for Joint Fields’ Development

Tehran needs to step up efforts to raise production from joint oil and gas fields and attract foreign investment in the key petroleum industry, said the spokesperson for the Majlis Energy Commission. We need to shift our focus to speeding up the development of shared oil and gas fields. Delays in attracting foreign technology and […]

Iran Sold Poland 2m Barrels of Oil

Iran has sold a major cargo of crude oil to Poland, a move which could intensify rivalry with Saudi Arabia and Russia in supplying the markets of northern Europe. Mohsen Qamsari, the director for international affairs of the National Iranian Oil Company (NIOC), has stated that Poland’s Grupa Lotos has bought 2 million barrels of […]