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Azadegan oilfield to be put to international tender in two months

EghtesadOnline: Deputy Managing Director of National Iranian Oil Company ( NIOC ) for Engineering and Development Affairs Gholam-Reza Manouchehri said on Wednesday that papers for international tender of Azadegan oil field will be completed in two months.
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Publish Date:22/December/2016 | 07:52

Iran signs MoUs with 3 giant Russian oil companies

EghtesadOnline: A senior official at the National Iranian Oil Company ( NIOC ) said on Friday that the country has signed three memoranda of understanding (MoU's) with three leading Russian oil companies for bilateral cooperation.
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Publish Date:20/November/2016 | 11:14

NIOC Rules Out Special Treatment for Vitol Group

EghtesadOnline: Tehran has resumed business with mega trading company Vitol Group after the lifting of international sanctions in January, but the Swiss trader gets no preferential treatment in Iran's energy market, a senior official said.
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Publish Date:30/October/2016 | 08:50

NIOC releases first tender of oil project

EghtesadOnline: Deputy Minister of Petroleum and Managing Director of National Iranian Oil Company Ali Kardor said on Monday that NIOC has released the first tender of oil project for the foreign executives.
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Publish Date:18/October/2016 | 04:27

Iran sells ultra light oil to BP for first time

EghtesadOnline: Iran has started the gas condensate (ultra light crude oil) sell to BP in the form of spot cargo, Mohsen Ghamsari, director of international affairs at National Iranian Oil Co ( NIOC ), said.
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Publish Date:04/October/2016 | 24:31

Iran aims at boosting oil exports to 2.35mbpd

EghtesadOnline: International Affairs Director of National Iranian Oil Company ( NIOC ) said Iran is presently exporting 2.2mbpd of crude oil but the figure could be well increased to 2,350,000 bpd.
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Publish Date:03/October/2016 | 09:05

Hungary buys Iranian oil

EghtesadOnline: One more European country buys Iranian oil in post-sanctions era, Director of the International Affairs Department of National Iranian Oil Company ( NIOC ) Mohsen Qamsari said on Sunday.
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Publish Date:02/October/2016 | 06:19

South Pars output to fall as of 2023

EghtesadOnline: Gas production in South Pars will fall as of next seven years, Managing Director of National Iranian Oil Company ( NIOC ) Ali Kardor said on Saturday.
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Publish Date:11/September/2016 | 24:21

Iran’s NICO, France’s Total to resume oil swap

EghtesadOnline: Naftiran Intertrade Company Sàrl (NICO), a Swiss-based subsidiary of the National Iranian Oil Company ( NIOC ), reached an agreement with France’s Total to resume oil swap in the near future, Mehr reported Sep. 9.
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Publish Date:11/September/2016 | 09:59

NIOC chief highlights importance of foreign investment

EghtesadOnline: Managing Director of National Iranian Oil Company ( NIOC ) Ali Kardor on Wednesday highlighted importance of attracting foreign capital as mere reliance on domestic financial resources will not bring about economic growth beyond five percent.
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Publish Date:08/September/2016 | 10:44

Iran to raise crude output by 4 mln barrels in case of demands

EghtesadOnline: Director of National Iranian Oil Company ( NIOC ) for International Affairs Mohsen Qamsari said that the country would increase output production to 4 million barrels in case there are demands.
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Publish Date:05/September/2016 | 11:46

Iran to hold first int’l oil tender based on new IPC

EghtesadOnline: Managing Director of National Iranian Oil Company ( NIOC ) Ali Kardor said that the first international oil tender based on new Iran’s Petroleum Contract (IPC) would be held mid October.
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Publish Date:30/August/2016 | 13:34

Norway, Holland, UK seeking projects in Caspian Sea oil field

EghtesadOnline: A senior oil official said that companies from Norway, the Netherlands and Britain have so far voiced interest in conducting research about oil and gas fields situated in the Caspian Sea.
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Publish Date:29/August/2016 | 11:42

NIOC ready to entrust development projects to Iranian E&P companies

EghtesadOnline: Deputy Minister of Petroleum and Managing Director of National Iranian Oil Company Ali Kardor said on Saturday that the NIOC is ready to entrust projects for development of the small and mid-sized oil and gas fields to qualified Iranian companies under certain conditions.
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Publish Date:14/August/2016 | 10:53

Iran Said in Talks to Sell Crude to Trafigura for China Teapots

EghtesadOnline: Iran’s state-run oil company is said to be in talks to sell more crude to oil trader Trafigura Group, including via a potential long-term deal, in a strategy that may help it break into the market to supply China’s independent refiners.
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Publish Date:10/August/2016 | 10:35

Iran tries to sign long-term contracts to European customers

EghtesadOnline: Director for International Affairs of National Iranian Oil Company ( NIOC ) Mohsen Qamsari acknowledged continuation of Iran's crude oil export to Europe and said that NIOC is trying to turn spot contracts to long-term contracts to European customers.
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Publish Date:08/August/2016 | 24:34