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Oil Climbs as Iran, Iraq Signal Deal Hope Before Vienna Meeting

EghtesadOnline: Oil extended gains as Iran signaled optimism OPEC will agree to a supply-cut deal and Iraq said it will offer new proposals to help bolster the group’s unity before members meet next week in Vienna.
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Publish Date: 21/November/2016 | 08:03

OPEC stresses Iran’s significant role in Algiers' meeting

EghtesadOnline: Secretary-General of the Organization of Petroleum Exporting Countries (OPEC) Mohammed Barkindo admired Iran's significant role in reaching consensus in the Algiers' meeting held on September 26-28.
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Publish Date: 20/November/2016 | 10:30

Russian 28-member oil executives team on way to Tehran

EghtesadOnline: A delegation representing the largest Russian oil companies willing to attend a workshop on specifications of Iranian new oil contracts are on way to Tehran.
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Publish Date: 17/November/2016 | 20:05

Iran, Norway sign MoU on oil

EghtesadOnline: National Iranian Oil Company (NIOC) and Norwegian company DNO signed Memorandum of Understanding (MoU) to launch exploration at Changoleh oilfield on Wednesday afternoon.
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Publish Date: 17/November/2016 | 19:50

Plans Call for Effective Interaction With Oil Majors

EghtesadOnline: Iran will announce an international tender for the second development phase of South Azadegan Oilfield in the Persian Gulf, Oil Minister Bijan Namdar Zanganeh said, alluding that Tehran seeks to cooperate with foreign companies in its oil and gas industry despite early agreements with companies at home and abroad.
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Publish Date: 12/November/2016 | 19:39

Iran, Poland ink MoU for oil cooperation

EghtesadOnline: National Iranian Oil Company (NIOC) and PGNiG (major oil-gas company) of Poland signed a Memorandum of Understanding (MoU) for carrying out evaluating studies on an Iranian oil field.
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Publish Date: 06/November/2016 | 19:26

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