NIOC

Total:72

  • بورس نفت 2019-05-24 10:45

    By Mahmood Khaghani

    From Bazaar to Bourse

    On 20th May 2019, the Shana news agency reported that NIOC on the instructions of the Ministry of Petroleum will undertake, pursuant to the current Iranian year budget law, a sales programme of six million barrels per month of Iranian Light and Heavy Crude Oil and Iranian gas condensates on the IRENEX exchange platform. These sales will be priced in US dollars against UK Brent/BFOE (BWave) and Dubai US $ price benchmarks. I am unaware of any reason why this programme should be any more successful than the last, but it is possible that potential buyers have been discreetly found who are willing and able to buy this material.

  • Zanganeh 2019-04-16 21:13

    NIOC in talks with Chinese company for South Pars phase 11 project: Zanganeh

    TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said National Iranian Oil Company (NIOC) is in talks with a Chinese company for completing the South Pars phase 11 project, Mehr news agency reported.

  • Iran oil 2019-04-16 21:03

    Iran to award 5 oil projects to domestic firms in near future

    TEHRAN – National Iranian Oil Company (NIOC) is planning to award five oil exploration and development projects to domestic companies, ISNA reported quoting an official with NIOC.

  • IRENEX 2019-04-08 20:16

    IRENEX to hold 8th round of crude oil offering today

    TEHRAN- National Iranian Oil Company (NIOC) will offer one million barrels of crude oil at the base price of $63.36 at Iran Energy Exchange (IRENEX) for the eighth time today, ISNA reported.

  • NIOC 2019-02-13 21:05

    5th round of offering oil at IRENEX on Feb. 18

    TEHRAN- National Iranian Oil Company (NIOC) will offer one million barrels of light crude oil at Iran Energy Exchange (IRENEX) for the fifth time on February 18, Shana reported on Wednesday.

  • liquid hydrocarbon reserves 2019-02-05 20:31

    Iran’s recoverable liquid hydrocarbon reserves at 160 b barrels: NIOC

    TEHRAN- National Iranian Oil Company (NIOC) in a recent report has put the country’s recoverable liquid hydrocarbon reserves at 160.12 billion barrels, IRIB reported on Tuesday. The report also put Iran’s recoverable natural gas reserves at 33.33 trillion cubic meters.

  • Zanganeh 2019-01-23 20:31

    NIOC inks deals worth $1b with domestic companies to boost output

    TEHRAN – Subsidiaries of the National Iranian Oil Company (NIOC) signed nine deals worth $1 billion with domestic contractor companies for maintaining and increasing the production capacity of the country’s aging oil and gas fields, Shana reported.

  • New NIGC head's presser 2019-01-12 15:13

    Photo By: Bahman Vakhshour

    New NIGC head's presser

    The first press conference of Hassan Montazer Torbati as the new head of the National Iranian Gas Company (NIGC) was held at NIGC headquarters in Tehran on Saturday.

  • NIOC 2018-12-19 18:53

    NIOC to award exploration projects to domestic companies

    TEHRAN- National Iranian Oil Company (NIOC) will transfer exploration projects for oil and gas fields to domestic companies, the director of NIOC's Discovery Department announced on Tuesday.

  • Masoud Karbasian 2018-11-18 21:42

    Karbasian named as new NIOC director

    TEHRAN- Iranian Oil Minister Bijan Namdar Zanganeh on Sunday appointed Masoud Karbasian, a former economy and finance minister, as the new managing director of the National Iranian Oil Company (NIOC), replacing Ali Kardor.

  • IRENEX 2018-11-12 18:34

    NIOC to continue selling oil at IRENEX

    TEHRAN- Selling crude oil at Iran Energy Exchange (IRENEX) will be continued, Saeed Khoshrou, director of international affairs at the National Iranian Oil Company (NIOC), announced.

  • IRENEX 2018-11-11 20:33

    700,000 barrels of oil sold at IRENEX

    TEHRAN- National Iranian Oil Company (NIOC) sold 700,000 barrels of light crude oil at Iran Energy Exchange (IRENEX) at the price of $64.97 per barrel on Sunday, the second offering day of oil at the capital market, Tasnim news agency reported.

  • IRENEX 2018-10-31 20:12

    By Haniyeh Sadat Jafariyeh

    IRENEX to overcome U.S. petroleum sanctions?

    Last Sunday on October 28, just few days before new U.S. sanctions on petroleum sector take effect (November 4, 2018), National Iranian Oil Company (NIOC) could sell some 280,000 barrels of crude oil at $74.85 per barrel on the first day of offering crude oil for export at the international ring of Iran Energy Exchange (IRENEX). With the daily supply value of one million barrel per day, the market wrapped up by selling eight 35,000-barel-cargos of oil on the day.

  • IRENEX 2018-10-26 20:40

    Foreign buyers can purchase Iranian oil at IRENEX: NIOC head

    TEHRAN - National Iranian Oil Company (NIOC)’s Managing Director Ali Kardor said on Friday that foreign customers can also purchase the Iranian oil which is due to be offered at the country’s Energy Exchange (IRENEX).

  • IPC 2018-10-17 20:33

    Iran to sign 3rd IPC-based deal within 2 weeks

    TEHRAN – National Iranian Oil Company (NIOC) is expected to sign the third IPC-based deal with a foreign company within two weeks, ISNA reported on Wednesday quoting NIOC’s Managing Director Ali Kardor.

  • Kardor 2018-10-17 20:23

    U.S. ‘zero Iranian oil’ plan a political bluff: NIOC head

    TEHRAN – Head of National Iranian Oil Company (NIOC) called the U.S.’s efforts for reducing Iranian oil exports to zero a “political bluff” saying, Trump had been trying to reduce Iran’s oil exports for months.

  • Ali Kardor 2018-10-01 18:36

    Iran doesn’t have plans for reducing oil output: NIOC

    TEHRAN - National Iranian Oil Company (NIOC) doesn’t have any plan for reducing oil output and will continue production at its full capacity, NIOC’s Managing Director Ali Kardor said on Sunday.

  • oil exploration blocks 2018-05-07 21:11

    NIOC introduces 14 oil exploration blocks to domestic, foreign companies

    TEHRAN- National Iranian Oil Company (NIOC) introduced 14 oil exploration blocks in Iran to the Iranian and foreign companies in a meeting in Tehran on Monday, Shana news agency reported.

  • Lukoil 2018-04-11 19:41

    Russia's Lukoil expected to sign deals in Iran within 3-4 months

    TEHRAN - Russia's oil-producing giant, Lukoil is expected to sign contracts in Iran within the next 3-4 months to develop two Iranian oil fields, Sputnik reported on Wednesday quoting the company’s chief executive.

  • NIOC 2018-03-10 20:20

    ‘Developing joint fields’ gets biggest chunk of NIOC’s investment resources

    TEHRAN – A review by the consolidated planning department of the National Iranian Oil Company (NIOC) showed that 56 percent of the company’s investment resources have been allocated to the development of joint oil and gas fields in the current Iranian calendar year (which ends on March 20).

  • Gholamreza Manouchehri 2018-01-26 18:33

    Total’s activity in South Pars on schedule

    TEHRAN- France’s Total is working on development project of Iran’s South Pars gas field (shared with Qatar in the Persian Gulf) based on the schedule, National Iranian Oil Company (NIOC) Deputy Director for Engineering and Development Gholamreza Manouchehri told ILNA.

  • oil export 2017-11-22 18:18

    Iran luring its Asian oil buyers by discounts

    TEHRAN- Iran is offering discounts to the Asian customers of its crude oil in a bid to retain them.

  • oil prices 2017-11-08 14:44

    Iran increases Dec. oil prices for Northwest Europe, Mediterranean, Sidi Kerir

    TEHRAN- Iran boosted its crude oil prices for Northwest Europe, the Mediterranean, and Sidi Kerir in December, a source with knowledge of the matter said on Tuesday.

  • (NIOC) 2017-11-01 20:35

    Norway’s ORG to conduct study on Iranian oilfield in Caspian Sea

    TEHRAN- The National Iranian Oil Company (NIOC) and the Norwegian Offshore Resource Group (ORG) inked a memorandum of understanding (MOU) on cooperation in conducting development studies on Sardar-e-Jangal oilfield and the exploratory blocks of 24, 26 and 29 in the Caspian Sea.

  • Iran Russia 2017-10-28 19:59

    Russia seeking to develop 10 oil, gas fields in Iran

    TEHRAN – Iranian and Russian companies are mulling over cooperation for development of 10 oil and gas fields in Iran, IRNA reported on Saturday, quoting a National Iranian Oil Company (NIOC) official.

  • NIOC 2017-10-27 18:10

    Oil exports from Iran expected at 2.09m bpd in Oct.

    TEHRAN- Iran’s crude oil exports for October are set to stand at 2.09 million barrels per day (bpd), Reuters reported quoting a person with knowledge of the country's tanker loading schedule.

  • NIOC 2017-10-27 18:10

    Belgian company in talks to liquefy Iranian gas on sea

    TEHRAN – Belgium's Exmar is in talks with National Iranian Oil Company (NIOC) to use its floating liquefied natural gas vessel for liquefaction and export of Iranian natural gas, Reuters reported.

  • Mansouri oil field 2017-10-24 21:29

    NIOC to sign 3 oilfield development deals soon

    TEHRAN – An official at the National Iranian Oil Company (NIOC) said on Tuesday that nominated companies for the development of three Iranian oilfields have been determined and the deals will probably be signed before the end of the current Iranian calendar year (March 20, 2018), ISNA reported.

  • محمود احمدی نژاد 2017-10-21 09:34

    Ahmadinejad must repay $1.1bn for mishandling finances

    TEHRAN – Former Iranian president Mahmoud Ahmadinejad has been found responsible for causing as much as $1.1 billion in damages to national wealth, Press TV reported.

  • Iran-Lukoil 2017-10-05 15:04

    NIOC, Lukoil ink 2 MOUs on geological prospecting

    TEHRAN - National Iranian Oil Company (NIOC) and Russia’s Lukoil signed two memorandums of understanding (MOUs) on Tuesday for conducting geological prospecting on Caspian Sea’s potential oil fields, Shana reported.