Data shows that the international sanctions took a toll on Iran'.s petrochemical industry.
Read More »NITC Looks for Removal from EU Sanctions List
NITC operates one of the world'.s largest tanker fleet ahead of regional rival Saudi Arabia as well as Qatar. Oman and the UAE.
Read More »NITC to Increase Ties with Int`l Customers
NITC has leased 30 of its tankers to foreign companies since JCPOA implementation.
Read More »Reuters: Iran Reduces Floating Oil Inventory by Half
Iran is also looking to use the opportunity to push into new markets in Europe.
Read More »Increasing China`s Import of Iranian Crude
Iran won an exemption from the group'.s production cuts agreed to on Nov. 30 to raise output slightly.
Read More »Power Plant Deal in Progress with Turkish Co.
Preliminary negotiations are over and we are in the process of obtaining the licenses.
Read More »Philippines Eager to Invest in Iran Oil&Gas Fields
Philippines was one of Iran'.s oil customers in the past and is now holding talks for restoring purchases from the OPEC-member oil producer
Read More »Libya’s Oil Revival Gathers Pace
Libya reopened the Sharara field last month and the nation’s total pumping rate stood at 650.000 barrels a day.
Read More »Japan’s Inpex Praised for Iran`s Azadegan Oil Project
There is no conflict between Iran and Japan over Azadegan.
Read More »Indian ONGC Videsh Ltd. in List of Intl. E&P Companies Qualified by NIOC
Ministry of Petroleum has requested qualified foreign E&.P companies to take part in the process of qualification assessment.
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