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[3] [4] In 2013, SOC began offering shares of stock on Tehran Stock Exchange. [5] With the annual production capacity of more than 700,000 MT, SOC is now the largest producer of base oil in the Middle East. [6] Under the brand name of Speedy, the company is one of the main producers of diesel and engine oils in the Mideast as well. [7] [8] [9]
Behran Oil Company was founded in 1963 as a private joint venture with Exxon Mobil Company in Iran. The first products of the company were just packing and blending engine oils. The company became independent after the Islamic Revolution. Gradually it was expanded and now the production rate reaches 250,000 tons of base oil for each year, as ...
A commercial oil tanker receives oil at a terminal off Iraq. Total revenue of oil and gas companies is listed in billions of U.S. dollars. Total revenue is usually self-reported by the company, and often reported by neutral, unbiased, reliable publications.
As of the middle of this year, Iran was exporting about 2 million barrels of oil a day, up from 500,000 in 2020 but below the 2.5 million barrels it exported each day in 2018.
In 2006, exports of crude oil totaled 2.5 Mbbl/d (400,000 m 3 /d), or about 62.5 percent of Iran's crude oil production. The direction of crude oil exports changed after the Revolution because of the U.S. trade embargo on Iran and the marketing strategy of the NIOC. Initially, Iran's post-revolutionary crude oil export policy was based on ...
Top 5 oil-producing countries 1980–2022 World oil production This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2023, tabulating all countries on a comparable best-estimate basis.
Crude oil export revenue by country (annually) A world map of countries by oil exportation, 2022. This is a list of oil-producing countries by oil exports based on data for 2022 by CEIC. Oil in this list refers to base crude oil only, and not refined petroleum products such as gasoline, diesel and airplane fuel.
Oil snapped a five-day winning streak on Tuesday as the recent rally stemming from the Middle East conflict took a pause and China signaled no additional big stimulus. West Texas Intermediate ( CL ...