National Iranian Oil Company (NIOC) News

Gas condensate delivery to domestic refining complexes has experienced a huge rise in the past few months, the National Iranian Oil Company's director for international affairs said.

The National Iranian Oil Company exported $50 billion worth of oil in the last fiscal year that ended in March 2018.

Habibollah Bitaraf, Iran's deputy oil minister for research and…

National Iranian Oil Company shipped its first batch of crude cargo from West Karoun Oil Block in the southern Khuzestan Province to an unnamed European buyer. According to Shana, the Iranian…

Despite the US-Saudi Arabia ploy to coerce OPEC members' to raise output, the National Iranian Oil Company should strongly hold its position to maintain oil production and exports at the current…

The National Iranian Oil Company needs a policy paradigm shift to develop oilfields, a member of Iran's Institute for International Energy Studies said.

The National Iranian Oil Company is planning to sign seven agreements on development of oilfields within the framework of Iran Petroleum Contract, the country's new model of contract for oil and…

Austrian integrated oil and gas company, OMV, is seeking to expand cooperation with the National Iranian Oil Company to secure a footprint in the country's upstream sector, OMV's Orient Upstream…

For the first time in the country, a private Iranian company has set up a gas compressor station for collecting flare gases of Parsi Oilfield near Ahvaz in the southern Khuzestan Province, the…

China's Fortune Oil has signed a memorandum of understanding with the Research Center of Petroleum Industry, a subsidiary of the National Iranian Oil Company, and a domestic investor on…

National Iranian South Oil Company can implement complicated technological projects in cooperation with domestic academic centers namely the Academic Center for Education, Culture and Research,…

State-run Russian oil company Zarubezhneft has submitted the result of its technical survey on Shadegan Oilfield, a reservoir in the southern oil-rich Khuzestan Province, to the National Iranian…

Iran sees an unprecedented opportunity for international companies to operate in its oil industry, despite uncertainty over potential new sanctions from the United States, a deputy at the…

Negotiations are underway between Iran and India over a deal to develop a major offshore gas deposit in the Persian Gulf, but the two sides are at odds over the price of Iran's natural gas,…

Italy's Ansaldo Energia signed a memorandum of understanding with several subsidiaries of the state oil company NIOC on Wednesday on using natural gas that is being burned off in South Pars Gas…

A top official at Iran's state oil company on Saturday sought to ensure that the country's key petroleum industry will not be rattled by US President Donald Trump's decision to decertify Tehran'…

State oil company, NIOC, is set to hold a briefing this week on a long-anticipated tender for Azadegan Oilfield, the first major crude oil reservoir to be developed within the framework of…

Japan's Toyo Engineering Corporation on Monday signed an agreement with the National Iranian Oil Company and Petropars to develop the offshore Salman oil and gas field in the Persian Gulf.

The government hopes to sign 10 major oil and gas deals by the end of its fiscal year (March 20, 2018) after concluding a landmark deal with French energy firm Total to develop a gas project in…

Oil Minister Bijan Namdar Zanganeh said serious negotiations are underway to develop Iran's hydrocarbon deposits, including Azadegan, Yadavaran and Yaran, major oilfields in the oil-rich Khuzestan…

French energy giant Total S.A. signed a groundbreaking deal on Monday to develop Phase 11 of the South Pars Gas Field in the Persian Gulf, becoming the first major oil and gas company to return…

Italian energy giant Eni on Tuesday signed a memorandum of understanding with the National Iranian Oil Company to conduct technical surveys on Kish gas field and the third phase of Darkhoveyn…

Italian oil and gas giant Eni is expected to sign a memorandum of understanding with the National Iranian Oil Company on Tuesday to study two Iranian oil and gas fields.

Oil Minister Bijan Namdar Zanganeh says the contract between the National Iranian Oil Company and French energy giant Total S.A. to develop Phase 11 of the South Pars Gas Field is expected to be…

Restoring relations with oil majors and raising crude production top Iran Oil Ministry's priority list, Bijan Namdar Zanganeh, the oil minister, said.

In a letter to Ali Kardor,…

PNOC EC, the exploration arm of the Philippine National Oil Company (PNOC), has teamed up with Iran's state oil company, NIOC, to explore the prospect of oil and gas investments in Iran and the…