Iranian Oil Minister Bijan Namdar Zanganeh said on Monday that the country’s daily gas production is going to reach one billion cubic meters (mcm) by the end of the current Iranian calendar year (March 19) when all the South Pars phases go operational.

National Iranian Oil Company (NIOC) is following a program to renovate all the country’s old and worn-out oil facilities, IRNA reported quoting a senior official with the company.

An Iranian oil official says the country has the capacity to produce 3.7 million barrels per day of crude oil.

Everyone from environmentalists to investors is beating up on fossil fuels, and American energy giants Exxon Mobil Corp. and Chevron Corp. are taking increasingly diverging approaches as they try to weather the storm.

Iranian Energy Minister Reza Ardakanian said on Saturday that 133 major energy projects have been inaugurated across the country in recent months, IRNA reported, citing the portal of the Energy Ministry (Paven).

West Oil and Gas Production Company (WOGPC) has planned to bring its natural gas output to 7 million cubic meters per day.

Director of the integrated planning at the National Iranian Oil Company (NIOC) says the company is seriously following up on developing the West Karoun and South Pars joint fields and the contractors for the rest of the shared fields are also mostly determined.

The 13th gathering of the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA)’s Energy Committee was held on Monday to discuss various energy issues including renewables, petrochemicals, as well as oil and gas industry.

Iranian Central Oil Fields Company (ICOFC) has supplied 254 million cubic meters per day (mcm/d) of natural gas to the National Iranian gas Company (NIGC) in the past two days in which the country’s gas consumption hit new records.director.

Iran’s southern Kish Island is hosting the 16th edition of its international energy exhibition (Kish ENEX 2020) which is hosting over 140 foreign and domestic companies, IRNA reported.