NIOC to issue oil bonds to finance Iran’s upstream projects
CEO of Iran’s state oil company the NIOC says the government will soon begin to sell oil bonds to secure the investment…
Tag Archives: National Iranian Oil Company (NIOC)
Iran awards $500mln worth of contracts to revive low-production oil wells
Iran’s state oil company the NIOC has awarded some $500 million worth of contracts to domestic companies to revive low-production oil wells…
Iran’s natural gas output at 1.04 bcm per day: NIOC official
Iran’s daily natural gas output has reached over 1 billion cubic meters (bcm), according to a senior official in the National Iranian…
Iran discovers new oil reserves in hydrocarbon-rich southwest
Iran has discovered new oil reserves in the country’s southwest, the details of which will be announced by Minister of Petroleum Javad…
Iran starting works to develop key oilfield shared with Iraq
The National Iranian Oil Company (NIOC) says development works on a key oilfield shared with Iraq will start within days as Iran…
NIOC holds conference on increasing oil field productivity
National Iranian Oil Company (NIOC) and the Sharif University of Technology have jointly organized the First National Conference on Increasing Oil and…
Iran in talks to supply oil equipment to Belarus: Official
Iran is in discussions for supplying raw material, equipment and technology needed in the petroleum sector in Belarus amid growing economic ties…
Iranian crude, condensate reach Venezuela’s main port for discharge
Two Iranian tankers have arrived in Venezuela with about 1.22 million barrels of Iranian crude and 2 million barrels of condensate, media…
Iran to increase oil production capacity by 200k BPD by early 2023
The CEO of the National Iranian Oil Company (NIOC) and deputy oil minister of Iran said that Iran’s oil production capacity will…
Iran to develop oilfield shared with Saudi Arabia in 3 years
Iran says it will start pumping oil from a key oilfield that straddles the maritime border with Saudi Arabia in the Persian…
Iran shores up energy projects as Europe watches closely
The Europeans are watching Iran’s energy market more closely than any time. An EU embargo on Russian crude that takes effect in…
Iran’s NIOC raises prices for September crude deliveries
The National Iranian Oil Company (NIOC) has raised its crude oil prices for deliveries to Asian and European customers in September. NIOC’s…
Nanotechnology of domestic company saves Iran $5 million
Making use of Iranian nanotechnology has saved the country’s oil industry some $5 million, according to an oil official. National Iranian South…
Iran’s NIOC, Russia’s Gazprom agree to enhance cooperation
National Iranian Oil Company (NIOC) and Russia’s Gazprom Company agreed to strengthen cooperation in relevant fields. Speaking in his meeting with Russia’s…
South Pars Phase 11 to produce 14MCM of gas per day: Official
The Phase 11 of South Pars Gas Field is scheduled to produce 14 million cubic meters (MCM) of gas per day by…
Iran raises oil selling prices for Asian buyers in May
National Iranian Oil Company (NIOC) has increased its crude oil selling prices (OSPs) for Asian buyers in May amid a global surge…
Output up by 600k bpd at Iran’s largest crude producer
The National Iranian South Oil Company (NISOC), which is the largest oil and gas company in the country in terms of output,…
Iran’s oil and gas reserves estimated at 1.2 trillion barrels: NIOC chief
Iran has the equivalent of over 1.2 trillion barrels of oil and gas as a senior Oil Ministry official says the country…
Iran’s oil exports up 40% as US tanker seizure campaign fails
Iran’s crude oil exports have surged 40% since August when the new administration came to office, the CEO of the National Iranian…
Official sees Iran’s oil output surpassing 4 million bpd in new year
Iran’s vision for the new Persian year of 1401 which began Monday is to ramp up crude oil production above 4 million…
Iran’s second oilfield in Fars begins producing 10,000 bpd
Iran has begun production from the second oilfield in southern Fars province at a rate of 9,000 barrels per day (bpd), the…
Iran’s NIOC raises April oil selling prices for Asian buyers
The National Iranian Oil Company (NIOC) has increased its crude oil selling prices for Asian buyers in April amid a global surge…
Iran opens large energy port on Persian Gulf
Iran’s Oil Ministry has brought online a major port on the Persian Gulf coast to expedite exports of petroleum products from the…
Fate of almost all Iran joint fields determined
SHANA — The Director of Integrated Planning at the National Iranian Oil Company said the fate of all Iranian oil and gas…
Iran to continue development of joint oil & gas fields in new year
IRNA – Iran will go ahead with implementation of important oil projects including development of joint oil and gas fields in the…
Iran oil industry developing despite sanctions: official
MNA – A senior Iranian oil official said that the industry is developing in the country despite the US’ economic sanctions. Speaking…
2mb of light crude at IRENEX on Tuesday
MNA – The National Iranian Oil Company will offer light crude at the next round of the international ring of Iran Energy…
Contract for developing Balal Gas Field to be inked with Iranian firm
MNA – Deputy Managing Director of the National Iranian Oil Company (NIOC) for Development and Engineering Affairs Reza Dehghan said on Sunday…
NIOC to offer 2mn barrels of gas condensate on Sep. 11
MNA – The National Iranian Oil Company (NIOC) will offer two million barrels of gas condensate at the international ring of the…
2mn barrels of light crude at today’s energy exchange
MNA – National Iranian Oil Company will offer light crude oil at today’s session of Iran Energy Exchange (IRENEX). According to NIOC,…
NIOC signs research deals with knowledge-based firms
MNA – The Exploration Department of the National Iranian Oil Company (NIOC) has signed four research contracts with universities and knowledge-based firms.…
IRENEX to hold 5th round of heavy crude oil offering on Tuesday
Tehran Times – National Iranian Oil Company (NIOC) will offer two million barrels of heavy crude oil at Iran Energy Exchange (IRENEX)…
NIOC to offer 2m barrels of heavy crude at Energy Exchange on July 9
MNA – The National Iranian Oil Company (NIOC) has planned to offer 2 million barrels of heavy crude oil on the Iran…
10 steps in purchasing oil at IRENEX: Report
MNA – Purchasing oil from Iran Energy Exchange (IRENEX) includes 10 steps, which are usually announced a week before offering oil at…
Iran to sell two million barrels of crude on IRENEX
IRNA – National Iranian Oil Company announced on Sunday that it is going to offer two million barrels of crude oil in…
NIOC to offer 2 mb of gas condensate at IRENEX
SHANA – The National Iranian Oil Company (NIOC) has planned to sell 2 million barrels of gas condensate on the Iran Energy…
Iranian National Oil Company opens office in Iraq
Al-Monitor | Adnan Abu Zeed: The National Iranian Oil Company (NIOC) decided May 4 to open an economic representative office in Iraq.…
Iran Oil Show 2019 slated for early May
MNA – The 24th Iran International Oil, Gas, Refining and Petrochemicals Exhibition (Oil Show 2019), as one of the most significant oil…
Iran Oil Show 2019 to kick off in early May
Tehran Times – The 24th Iran International, Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2019) is due to kick off…
NIOC to issue fixed-rate bonds on March 13
SHANA – The National Iranian Oil Company (NIOC) will start offering Rls. 20,000 billion worth of fixed rate bonds (Manfa’at Bonds) on…