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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

NIOC in Talks With Vitol

EghtesadOnline: Iran is seeking to extend or renew a $1 billion oil deal with the Swiss giant Vitol Group ahead of the promised return in November of crippling US sanctions, media reported.
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Publish Date:02/September/2018 | 08:16

NIOC Crude Exports Plunge 700,000 bpd Since August

EghtesadOnline: The National Iranian Oil Company's exports have plummeted sharply since the beginning of August, as traditional customers like China, Japan and India have curtailed their purchases in view of the reimposition of US sanctions in November, a senior energy analyst said.
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Publish Date:02/September/2018 | 08:05

NIOC Cuts Sept. Asia-Bound Crude OSPs

EghtesadOnline: State-owned National Iranian Oil Company has cut the official selling price differential for all its crude oil grades loading in September from Kharg Island and bound for Asia, a company source said on Friday.
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Publish Date:11/August/2018 | 11:05

Gazprom signs deal to make Iran LNG player

EghtesadOnline: Russia’s Gazprom says it has signed a basic agreement with the National Iranian Oil Company ( NIOC ) that envisages cooperation over the production of liquefied natural gas (LNG).
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Publish Date:13/November/2017 | 15:33

NIOC Hoping to Finalize 4 Oilfield Deals by March

EghtesadOnline: The National Iranian Oil Company hopes to finalize deals for four joint oilfields by the end of the present fiscal year in March, according to an NIOC official.
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Publish Date:25/October/2017 | 15:14

NIOC Heats Up Two-Horse Race for Farzad-B Gas Field

EghtesadOnline: Russian and Indian companies are in talks over a contract to develop Iran's Farzad-B Gas Field, but other oil and gas explorers are welcome to join the race for the coveted natural gas deposit in the Persian Gulf, the head of Iran's state-owned oil company, NIOC , said.
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Publish Date:27/August/2017 | 06:44

NIOC Heats Up Two-Horse Race for Farzad-B Gas Field

EghtesadOnline: Russian and Indian companies are in talks over a contract to develop Iran's Farzad-B Gas Field, but other oil and gas explorers are welcome to join the race for the coveted natural gas deposit in the Persian Gulf, the head of Iran's state-owned oil company, NIOC , said.
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Publish Date:27/August/2017 | 06:44

Iran seals 33 oil MoUs in post-sanction era

EghtesadOnline: National Iranian Oil Company ( NIOC ) has so far signed 33 oil MoUs with 28 domestic and foreign firms since the implementation of Iran deal also known as the Joint Comprehensive Plan of Action (JCPOA).
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Publish Date:23/July/2017 | 24:29

Eni says not competing with Total in Iran

EghtesadOnline: Italy’s Eni is keeping its foot on the ground in Iran after major rival Total’s signing of a $5 billion gas deal with the National Iranian Oil Company ( NIOC ) earlier this month.
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Publish Date:23/July/2017 | 24:09

NIOC Denies Concessions in New Petroleum Deals

EghtesadOnline: Iran has made no major concession to French energy giant Total S.A. for developing Phase 11 of the giant South Pars Gas Field in the Persian Gulf, the deputy head of National Iranian Oil Company said.
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Publish Date:17/July/2017 | 08:33

Eni, NIOC Ink Deal on Studying Iran Oil, Gas Fields

EghtesadOnline: Italian energy giant, Eni and National Iranian Oil Company Tuesday signed a Memorandum of Understanding for studying Kish gas field and 3rd phase of Darquain oil field, as part of the country's effort to racket its production after the removal of sanctions.
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Publish Date:20/June/2017 | 09:33

Iran names Russian firms to major project

EghtesadOnline: The National Iranian Oil Company ( NIOC ) has added four Russian companies and Azerbaijan’s state oil firm Socar to the list of firms qualified for development work in the Islamic Republic.
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Publish Date:17/June/2017 | 11:09

NIOC Looking to Seal Major Oil Deals

EghtesadOnline: Iran is well-positioned to sign major oil contracts by the end of the present fiscal in March, said Ali Kardor, chief executive officer of the National Iranian Oil Company.
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Publish Date:13/June/2017 | 09:34

Iran discovers new gas field in Persian Gulf

EghtesadOnline: Iran says it has discovered a new gas field close to the giant South Pars natural gas field which it jointly shares with Qatar.
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Publish Date:24/May/2017 | 11:09