SHANA -- An official with the Iranian Ministry of Petroleum said the country was not only self-sufficient in petrol production, but had excess production capacity, which could be earmarked for exports. Addressing the 6th Drilling Congress and Exhibition in Tehran on Saturday, Houshang Falahatian, the deputy petroleum minister for planning, said ...

SHANA -- Iran's crude oil exports hit 2,617 mbd in April 2018, a new record since implementation of the Joint Comprehensive Plan of Action (JCPOA) back in January 2016. The record was gained amid US President Donald Trump's threats to pull out of the deal that was struck between Tehran and the P5+1 group of countries to curb parts of Iran's nuclear ...