Iran rejects decline in crude oil export
Head of the Iranian National Oil Company (NIOC) Hamid Bovard stressed that the report of Iran's crude oil export decline is false. He pointed out …
NIOC
Iran to develop its new oil fields
Iran is prepared to sign contracts worth $2 billion to develop oil fields, CEO of the National Iranian Oil Company (NIOC) Mohsen Khojasteh Mehr …
Gazprom and Iran's national oil corporation sign memorandum
Gazprom Deputy Chairman of the Executive Board Vitaly Markelov and head of Iran's national oil corporation (NIOC) Mohsen Khojasteh-Mehr have signed a memorandum of understanding on cooperation between the companies, Iranian news agency …
Iran’s oil exports increased by 40%
CEO of the National Iranian Oil Company (NIOC) Mohsen Khojasteh Mehr said the country managed to increase its oil exports by 40% at the height of restrictive measures imposed by the United States to choke off Iran’s energy …
Can Iran find a way out of natural gas crisis ahead?
Iran, which has the world's second-largest natural gas reserves, faces difficulties maintaining and distributing the resource
Iran gears up for return to oil market
Iran is preparing to ramp up global oil sales as talks to lift U.S. sanctions show signs of progress. But even if a deal is struck, the flow of additional crude into the market may be gradual. State-controlled National Iranian Oil Co. …
Iran finds new oil and gas reserves
Iran discovered 40 new oil and gas reserves, head of exploration at the National Iranian Oil Company (NIOC) Seyyed Saleh Hendi said. "After the enactment of the new US sanctions against …
Iran finds 40 new oil and gas reserves
Iran is now ranked first in the world for oil and gas reserves, head of exploration at the National Iranian Oil Company (NIOC) Seyyed Saleh Hendi said. "A few years ago, we were …
Iran gives reply to 'oil bulls'
Managing director of the National Iranian Oil Company (NIOC) Ali Kardor said Tehran has no plans for any reduction in the country’s oil output despite the looming US sanctions. "We are not planning on …
Iran to build 10 million-barrel oil storage facility - media
A unit of the National Iranian Oil Co. (NIOC) signed a deal with a local firm yesterday to build a crude oil storage facility near Iran’s southeastern port of Jask with an initial investment of 200 million euros ($232 million), the oil …
Zarubezhneft to be first Russian company signing contracts with Iran
JSC Zarubezhneft is the first Russian oil company, which will sign two IPCs (Iranian Petroleum Contract) with the National Iranian Oil Company (NIOC), a source in the company said. Under the contract, the company will work at the Aban …
Iran seeks foreign partners
There was no OPEC's pressure on Iran to join the cuts
Lukoil and Iran review Mansuri field development plan
Russia's Lukoil presented the development plan for the Mansuri oil field to the National Iranian Oil Company. The plan was considered at the special committee meeting. The documentation of Pertamina, Indonesian state-owned oil …
Iran Is Seeking Investments to Boost Crude Oil Production
It is expecting to boost its crude oil production to 4.8 million barrels per day
Iran starts gas exports to Iraq
Iran started a project to export natural gas to its western neighbor – Iraq. Exports of around 7 million cubic meters per day (bcm/d) to Iraq’s capital Baghdad had started from the late hours of Wednesday, June 21, the …
Iran Keen to Develop Caspian Reserves
The National Iranian Oil Company is eager to develop offshore oil and gas fields in the Caspian Sea
Two more Russian companies keen to develop Iranian oil fields
Russia’s oil-producing companies Zarubezhneft and Tatneft have submitted applications to participate in a tender on development of oil fields in Iran. The tender is organized by National Iranian Oil Company (NIOC),TASS reported …
Iran discovers new shale oil deposit
Iran has made a shale oil discovery estimated at 2 billion barrels, an official from the National Iranian Oil Company (NIOC) said. The light crude find was made in the country’s western Lorestan province in the Ghali Koh area, the …
Total may abandon decision to invest in Iran's South Pars
French oil major Total plans to make a final investment decision on a $2 billion gas project in Iran by the summer, but the decision hinges on the renewal of US sanctions waivers, the company's chief executive Patrick …
NIOC Says Iran Crude Output to Hit 4mbd by March
Managing Director of National Iranian Oil Company (NIOC) Ali Kardor says Iran's crude oil production will reach 4 million barrels per day by the end of the current Iranian calendar year to March 20 2017, Shana news agency reports. …
