The two sides have reached a preliminary agreement to build an ultra-heavy crude refinery.
Read More »Iran Takes Market Share from OPEC Rivals
Iran’s crude oil and condensate exports rose three percent month-on-month in January.
Read More »Pertamina Submit Iran Oilfield Development Proposal
Pertamina signed a nondisclosure agreement last August with NIOC to conduct studies on the oilfields.
Read More »East Asian Companies Briefed on Iran Petroleum Contract
NIOC says a second list of qualified companies will be made available soon.
Read More »Asian oil Refinery Margins Jump on Outages in Mideast. Asia
Several refineries in the Middle East and Asia have shut down in the past week due to fires and other technical problems.
Read More »Iran’s Energy Sector 2016: The Notable Events
Major European companies including Royal Dutch Shell. BP. Total and Eni resumed buying Iran'.s crude oil last year as Iran ramped up oil sales to its traditional customers in Asia.
Read More »NIOC. Tenco Ink MoU to Study Oil. Gas Fields
Russia'.s Lukoil and Malaysia'.s oil giant Pertamina are also conducting surveys on AbTeymour and Mansouri Oilfields.
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