An official with the National Iranian Oil Company (NIOC) said the company was planning to sign ten production maintenance and enhancement contracts with domestic firms within the next two months.
News ID: 5158 Publish Date : 2019/07/14
Iran is to sign a contract with a Japanese company for the restoration of a power plant which will be financed through a barter mechanism involving Iran’s oil.
News ID: 5139 Publish Date : 2019/07/12
The Iranian oil minister said on Sunday that his is confident the Iran’s oil sales will improve in the future despite the US sanctions.
News ID: 5072 Publish Date : 2019/07/09
National Iranian Oil Company (NIOC) says foreign natural entities can also purchase the Iranian oil that is offered each week on Iranian Energy Exchange in a bid to lure more potential customers for its crude.
News ID: 5070 Publish Date : 2019/07/09
Deputy Foreign Minister Abbas Araqchi says the European financial mechanism has political value but that it needs to meet Iran’s needs to be a fruitful solution.
News ID: 5065 Publish Date : 2019/07/08
The US State Department is seriously considering using an Obama-era loophole to allow China to import oil from Iran, violating the Trump administration’s earlier pledge to bring Iranian oil exports down to zero, according to a report.
News ID: 5022 Publish Date : 2019/07/04
Russian daily oil output rose in June to 11.15 million barrels per day, up from 11.11 million bpd in May, still below the amount agreed in a global deal to cut production, the country’s energy ministry data showed on Tuesday.
News ID: 5018 Publish Date : 2019/07/04
Glencore plans to reduce the number of subsidiaries based in so-called tax havens as the commodities giant seeks to improve transparency.
News ID: 5002 Publish Date : 2019/07/02
Iranian Oil Minister Bijan Zangeneh met with the OPEC President Manuel Quevedo, who is also Venezuelan Oil Minister, in Vienna ahead of the organization’s 176th Meeting later on Monday.
News ID: 4992 Publish Date : 2019/07/02
Norway’s Finance Ministry has asked the government’s $1 trillion fund—the world’s biggest sovereign wealth fund—to recommend a schedule for phasing out its investments in pure exploration and production energy companies.
News ID: 4984 Publish Date : 2019/07/02
Norway’s Finance Ministry has asked the government’s $1 trillion fund—the world’s biggest sovereign wealth fund—to recommend a schedule for phasing out its investments in pure exploration and production energy companies.
News ID: 4983 Publish Date : 2019/07/02
The National Iranian Oil Company (NIOC) announced on Sunday that it is due to offer 2 million barrels of crude oil in the international ring of the Iran Energy Exchange (IRENEX) on Tuesday, in a move to bypass Washington’s unilateral sanctions against Tehran.
News ID: 4947 Publish Date : 2019/06/30
Kermanshah Oil Refinery has taken several measures to reduce its environmental pollutants and become one of the leading Iranian refineries for promoting environmentally sound practices in recent years, the secretary-general of Oil Refining Industry Cooperative Association said.
News ID: 4944 Publish Date : 2019/06/30
Iran has delivered the first crude oil to a Chinese refinery complex since the United States removed all sanction waivers for Iranian oil customers as of May.
News ID: 4943 Publish Date : 2019/06/30
Russian President Vladimir Putin said he agreed with Saudi Crown Prince Mohammed bin Salman to extend the OPEC+ deal at current production levels for the rest of this year and potentially into early 2020.
News ID: 4942 Publish Date : 2019/06/30
China does not support US policy on eliminating Iran's oil exports, the director-general of the Department of Arms Control at the Chinese Foreign Ministry stated on Friday.
News ID: 4937 Publish Date : 2019/06/29
A senior Iranian legislator underlined the necessity for the European states to help Iran stand against the US sanctions by buying its crude and facilitate banking transactions, as part of their obligations under the nuclear deal.
News ID: 4936 Publish Date : 2019/06/29
The National Iranian Drilling Company (NIDC) successfully spudded 28 oil and gas wells over the first three months of the current calendar year, which began on March 21.
News ID: 4906 Publish Date : 2019/06/25
Construction of platforms 7 and 8 of Hendijan offshore oilfield has made 90 percent progress
News ID: 4905 Publish Date : 2019/06/25
An Iranian lawmaker said the country’s security forces have captured a female spy who had infiltrated into the Oil Ministry.
News ID: 4903 Publish Date : 2019/06/25
