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Oil Sector in Iran More Attractive to Majors

EghtesadOnline: The chase is on for some of the most prized oil and gas assets in the world, following the lifting of sanctions on Iran earlier this year. The historic deal paved the way for the country to rebuild its lost production capacity and win back market share.
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Publish Date:05/November/2016 | 15:42

Iran's oil exports to Europe rises to 700,000 b/d

EghtesadOnline: A top official with National Iranian Oil Company (NIOC) Mohsen Qamsari said on Wednesday that Iran's oil exports to Europe has risen to 700,000 b/d.
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Publish Date:05/November/2016 | 13:07

Platts: Iran eyes new crude oil buyers, Asia remains linchpin

EghtesadOnline: Iran continues its quest for new crude buyers, especially in Europe, but its loyal customer base will continue to hinge on countries like India and China, whose demand for Iranian crude has observed a steady rise this year, Platts said.
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Publish Date:01/November/2016 | 14:30

Petropars Seeking Foreign Joint Ventures

EghtesadOnline: Iran's Petropars Company is talking with international oil and gas majors to forge partnerships to develop domestic exploration and production (E&P) projects under the new model of contracts, known as Iran Petroleum Contract (IPC), the company's project manager said on Saturday.
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Publish Date:30/October/2016 | 08:53

NIOC not in talks with Swiss companies for crude advance sale

EghtesadOnline: Director of the International Affairs Department at National Iranian Oil Company (NIOC) Mohsen Qamsari says the NIOC has not had any talks with Swiss companies for advance sale of crude.
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Publish Date:29/October/2016 | 16:19

S.Pars oil field platform B18 launched

EghtesadOnline: The contractor of phases 17 and 18 of South Pars oil field said that platform B18 with the capacity of 500m cubic feet gas was launched after 62 working days.
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Publish Date:24/October/2016 | 10:26

Iran major exporter of oil products in region

EghtesadOnline: Deputy managing director of National Iranian Oil Refining and Distribution Company (NIORDC), Shahrokh Khosravani, says Iran is major exporter of oil products in the region.
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Publish Date:23/October/2016 | 10:41

Azar oil field to yield 30,000 bpd oil by May

EghtesadOnline: Managing Director and head of the board of managers of Oil Development and Engineering Company Nureddin Shahnazizadeh says joint Azar oil field's production capacity will reach 30,000 barrels per day as of May.
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Publish Date:23/October/2016 | 10:40

Malaysian firms urged to invest in Iran's oil industry

EghtesadOnline: Iranian Petrolum Minister Bijan Zangeneh said Malaysian firms are interested in investing in Iran's oil industry, adding that Iran welcomes foreign investment.
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Publish Date:23/October/2016 | 10:35

75,000 barrels daily extracted from North Azadegan oilfield

EghtesadOnline: Operator of North Azadegan oil field development project Keramatollah Behbahani said following commissioning of the first phase of the project for development of North Azadegan field, 75,000 bpd oil will be produced out of the field jointly owned with Iraq.
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Publish Date:18/October/2016 | 04:35

Over 60pc of Iran oil exported to Asia: Oil official

EghtesadOnline: Director of National Iranian Oil Company (NIOC) International Affairs has announced that 62 percent of the Iranian oil is being exported to the Asian countries and the rest to the European states.
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Publish Date:17/October/2016 | 21:15

Iran in talks with European Company for oil export deals

EghtesadOnline: Alongside negotiations with Hungarian MOL Company to export 140,000 barrels per day of crude oil, Iran is finalizing talks with Austrian company OMV to a sign mid-term oil export contract.
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Publish Date:16/October/2016 | 09:06