Tag Archives: National Iranian Oil Co. (NIOC)

The Iranian government has given Pertamina an early May deadline to seal a deal for developing Iran’s Mansouri oil field.

British Pergas seems to do little business in the United States. which potentially boosts its freedom to operate in Tehran.

Total will not pay a penalty if it pulls out of a multi-billion-dollar gas project in Iran.

United States was trying to keep prices inflated in order to support U.S. shale oil growth.

Tehran would spare no efforts to maintain its oil production and exports at current levels.

China. the world'.s top crude oil buyer. imported around 655.000 barrels a day on average from Iran in the first quarter of this year.

The rise in crude oil imports in April came despite a sharp increase in the country'.s crude stockpiles.

Tehran and Ashgabat could take major steps in order to enhance their relations which would benefit both of them.

Currently. analysts believe the sanctions could take between 200.000 and up to a million bpd of Iranian crude off global markets.

Trump announced a U.S. withdrawal from the 2015 nuclear deal on Tuesday and said he was preparing new sanctions against Iran.