Tag Archives: National Iranian Oil Co. (NIOC)

Iraqi Oil Minister plans to create an oil tanker fleet in order to help the country access global markets.

The two sides have reached a preliminary agreement to build an ultra-heavy crude refinery.

13 new oil and gas fields have been discovered which contain 6.5 billion barrels of oil and about 62 trillion cubic feet of gas.

Iran has made inroads in its oil and gas exploration sector with discoveries of 13 oil and gas reservoirs over the past three years.

Two NIGC subsidiaries will be liquidated due to their non-economic activities.

Iran'.s total natural gas output has reached 840 mcm d from 490mcm d in 2013.

Iran is reportedly engaged in swap negotiations with Russia. Turkmenistan. Kazakhstan and Azerbaijan.

Iran used to sell 800.000 bpd to European refiners in Italy. Spain. Greece. Romania. France. the Netherlands and Poland in the pre-sanctions period

Iran’s crude oil and condensate exports rose three percent month-on-month in January.

Pertamina signed a nondisclosure agreement last August with NIOC to conduct studies on the oilfields.