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NIOC Targets New Group of China Oil Buyers

EghtesadOnline: An Iranian crude cargo loaded by trading house Trafigura is set to arrive in east China this week, heating up the race among oil suppliers to meet the rise in demand for imports from China's independent refineries, trade sources said.
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Publish Date:19/July/2016 | 15:21

National Iranian Oil Company: NDA Not A Deal

EghtesadOnline: National Iranian Oil Company ( NIOC ) has issued a statement stressing that signature of a non-disclosure agreement (NDA) must not be taken tantamount to a signature of a deal.
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Publish Date:18/July/2016 | 24:26

Iran, China in Talks for Development of North Azadegan, Yadavaran Fields

EghtesadOnline: Corporate Planning Director of National Iranian Oil Company ( NIOC ), Abdolmohammad Delparish, said on Saturday that talks are going on with a Chinese party for completion of of phase II development projects at Azadegan Shomali and Yadavaran oilfields.
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Publish Date:17/July/2016 | 13:18

NIOC considering Hungarian bid to buy crude oil

EghtesadOnline: National Iranian Oil Company is considering Hungarian bid to buy crude oil from Iran, Director of NIOC International Affairs Department Mohsen Ghamsari said.
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Publish Date:11/July/2016 | 11:16

NIOC Eyes Sale of 1.4 mbpd of Crude Oil in Fiscal 2023-24

EghtesadOnline: The National Iranian Oil Company is projected to sell 1.4 million barrels per day of crude oil at $85 as per the budget law of next Iranian year (March 2023-24), partly by using a barter system.
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Publish Date:27/January/2023 | 21:11

NIOC Halts Selling Liquefied Fuel on IRENEX

EghtesadOnline: Due to the big increase in liquefied fuel consumption over the last few weeks, the National Iranian Oil Company has stopped selling diesel and mazut on the Iran Energy Exchange, the company’s representative in charge of offering petroleum products in IRENEX said.
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Publish Date:17/February/2020 | 24:19

Iran: NIOC , Mapna Sign $1.3b Oilfield Contract

EghtesadOnline: Iranian National Oil Company and Mapna Group-- Iran's top engineering and energy firm -- signed a contract to develop Parsi and Paranj Oilfields in Khuzestan Province.
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Publish Date:09/February/2020 | 11:33

NIOC Readjusts Oil Sale Terms via Iran Energy Exchange

EghtesadOnline: Almost a month after Oil Minister Bijan Namdar Zanganeh adjusted the guidelines for crude oil sale via IRENEX, the ministry again tweaked purchasing terms to attract buyers.
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Publish Date:21/December/2019 | 11:51

Iran's NIOC Again Revising Oil Offer Terms via IRENEX

EghtesadOnline: After failing to attract customers for crude oil offered on the Iran Energy Exchange, the National Iranian Oil Company says it plans to again tweak rules and procedures in the process, an official with the company said.
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Publish Date:09/November/2019 | 13:16

Iran's NIOC Generating Revenues via New Channels

EghetsadOnline: The National Iranian Oil Company raised $700 million in revenues by selling oil and petroleum byproducts in the capital market in the past eight months, the managing director of the company said Tuesday.
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Publish Date:16/October/2019 | 11:16

Iran's NIOC Should Expand Options for Selling Oil

EghtesadOnline: Exporting crude under conditions when new US sanctions are intimidating traditional customers is a difficult undertaking and the National Iranian Oil Company should explore all alternatives to export oil, a lawmaker said.
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Publish Date:24/June/2019 | 11:41

NIOC Calibrates Crude Oil Offer on Next IRENEX Sale

EghtesadOnline: In a move to facilitate crude oil sale on the Iran Energy Exchange, the National Iranian Oil Company has adjusted some of its purchasing terms for the next round of offer scheduled for May 21.
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Publish Date:19/May/2019 | 09:23

Comptroller Summarizes NIOC Numbers in Fiscal 2017-18

EghtesadOnline: The National Iranian Oil Company generated $8.6 billion from selling five petroleum products namely gasoline, diesel, mazut, kerosene and liquefied gas in the fiscal 2017-18, Fars news agency said as quoted by the Supreme Audit Court of Iran.
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Publish Date:29/April/2019 | 14:04

NIOC Selling $154m in Manfa’at Bonds

EghtesadOnline: CEO of the National Iranian Oil Company said Tuesday the state company will offer 20 trillion rials ($154 million) worth of Manfa’at bonds in two stages on March 13 and 16 on Iran Fara Bourse (junior stock market for securities and other financial instruments in Tehran).
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Publish Date:13/March/2019 | 14:45

Caspian Oilfield Development Not on NIOC Agenda

EghtesadOnline: Developing oilfields, especially in the Caspian Sea is not on the agenda of the National Iranian Oil Company. Therefore, Khazar Exploration and Production Company as a subsidiary of the NIOC has adopted the same policy, said the managing director of KEPCO.
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Publish Date:23/February/2019 | 15:00

China Offers NIOC $3b Oil-Field Deal

EghtesadOnline: China’s state-run energy giant is making a new approach to strike a $3 billion Iranian oil field, seeking to take advantage of waivers allowed under US sanctions even as two European nations have ended crude purchases, according to people familiar with the matter.
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Publish Date:19/January/2019 | 24:22