oil
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Iran to Boost Crude Oil Production by 135,000 Barrels Per Day
EconomyThe CEO of the National Iranian Oil Company (NIOC) has announced the implementation of two major contracts in the fields of oil processing and drilling. These projects are set to increase Iran’s daily crude oil production by 135,000 barrels and create approximately 7,000 direct and indirect jobs across the country.
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Iran Signs $2 Billion Oil Investment Contracts
EconomyIn a ceremony attended by Iranian President Masoud Pezeshkian, investment contracts worth over $2 billion were signed by the National Iranian Oil Company (NIOC) in two key sectors: guaranteed drilling services and crude oil refining.
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Iran’s Oil Sales Hit Record High
EconomyIran’s Oil Minister, Mohsen Paknejad, stated that oil sales over the past 14 months, through export shipments, have reached record levels.