Iran names new NIOC head
Iran named Ali Kardor as the new head of the state-run National Iranian Oil Company (NIOC) on Sunday, the Oil Ministry's news agency SHANA reported. Oil Minister Bijan Zanganeh issued a …
Roknoddin Javadi
Iranian statements provoke decline in oil prices
As of 8:09 MSK, the price of a barrel of Brent crude dropped 0.49%, reaching $48.48. WTI oil prices dropped even more, by 0.47%, to $48.07. The decline in world oil prices is associated with the statement of Managing-Director of …
Italy’s Saras to buy Iranian oil
Managing Director of National Iranian Oil Company (NIOC) Roknodin Javadi pointed to the inking of a contract between NIOC and Saras SpA of Italy over crude sales; “the agreement covers a daily sales volume of 65 thousand …
Iran is ready to freeze oil production
Iran is ready to join the plan on freezing of oil production volumes, since the country has already reached the desired production level, the representative of National Iranian Oil Company (NIOC) stated. The director for international relations …
Iran plans to soon reach production of 3.8 million barrels per day
Managing Director of the National Iranian Oil Company Roknoddin Javadi informed that Iran reached the level of oil production of 3.7 million barrels per day. "The level of oil production in Iran reached 3.7 million …
Iran to elevate oil exports by 10%
Deputy oil minister has announced that Iran’s daily oil sales will reach two million barrels in coming days. Roknodin Javadi touched upon the latest status of Iran’s crude and condensate exports saying …
Baku and Tehran to resume oil swap soon
The Azerbaijani-Iranian agreement on the resumption of oil swap is to start operating in the coming days after a five-year-break due to sanctions against Tehran, Iranian Oil Deputy Rukneddina Javadi …
Iran to supply 4 million barrels of oil to Europe in twenty-four hours
The head of the National Iranian Oil Company Roknoddin Javadi announced today that during twenty-four hours the republic is to supply 4 million barrels of oil to Europe with the help of a …
France's Total to buy oil from Iran
The Iranian National Oil Company (NIOC) has signed a contract with France's Total, according to which the French company will purchase 150,000-200,000 barrels of Iranian oil per day, the Iranian news agency ...
Trade relations between Tehran and Cairo resumed
Iran and Egypt have resumed trade relations, which were interrupted after the introduction of international sanctions. "Iran has no limitations to the sale of crude oil and oil products to Egypt and any official request will be considered when it …