The project for development of Yaran Oilfield was studied by National Iranian Oil Company (NIOC) on Saturday, ILNA reported.

The National Iranian Oil Company (NIOC) is set to launch the second round of gas condensate offering at Iran Energy Exchange (IRENEX) on February 25. NIOC’s representative at IRENEX, Amir Hossein Tebyanian, made the statement on Tuesday, saying at this round, one million barrels of condensate in 35,000-barrel cargos will be sold at the base […]

 The National Iranian Oil Company (NIOC) has announced the fifth round of oil sale on Iran Energy Exchange (IRENEX) will be launched on February 18. According to a notice published on Wednesday, the fifth round of crude sale will be conducted with terms and conditions similar to that of the previous round. NIOC will offer […]

 The National Iranian Oil Company (NIOC) has announced the fifth round of oil sale on Iran Energy Exchange (IRENEX) will be launched on February 18. According to a notice published on Wednesday, the fifth round of crude sale will be conducted with terms and conditions similar to that of the previous round. NIOC will offer […]

The caretaker of planning and control of South Pars Gas Field’s Phase 13 said the project has so far gained 93.4% work-in-progress. According to Pars Oil and Gas Company (POGC), Reza Moayedi underlined that the project has set new records in construction, installation and commissioning of various parts. Phase 13 of the giant offshore gas […]

 The CEO of Karoon Oil & Gas Production Co. (KOGPC) says his company has processed 32,000 barrels of crude oil by mobile oil treater (MOT) devices during the past 10 months of the Iranian year (through Jan. 21). Mohsen Dahanzadeh added that the process has prevented the emission of 15,000 tons of carbon dioxide into […]

National Iranian Oil Company (NIOC) will offer one million barrels of light crude oil at Iran Energy Exchange (IRENEX) for the fourth time on February 4, Shana reported on Monday. The set price for this round of oil sale is $56.24 per barrel, and the least amount of sale will be 35,000 barrels like the […]

National Iranian Oil Company (NIOC) will offer light crude oil at Iran Energy Exchange (IRENEX) for the fourth time by the next two weeks, an NIOC director announced. Making the remarks on Wednesday, Amir-Hossein Tabianian, the NIOC’s representative for offering crude oil and related products at IRENEX, expressed hope that the changes created in the […]

The National Iranian Oil Company (NIOC) is planning to issue $712 million (Rls. 30 trillion) in fixed rate bonds by the end of the current calendar year to March 20 in order to finance projects aimed at maintaining and enhancing production capacity of oil and gas fields. Speaking on Tuesday, Reza Dehghan, deputy NIOC director […]

The subsidiaries of the National Iranian Oil Company (NIOC) signed 9 contracts with local contractors on maintaining and enhancing the production capacity of a number of Iranian oil and gas fields. The deals were signed in a ceremony attended by Oil Minister Bijan Namdar Zanganeh on Tuesday. The 9 deals cover a total of 33 maintenance […]