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Iran soon to begin coast-to-coast Euro-4 gasoil distribution nationwide 08 Jan 2019

Iran soon to begin coast-to-coast Euro-4 gasoil distribution nationwide

 The CEO of National Iranian Oil Products Distribution Company (NIOPDC) said his company was supplying Euro-4 gasoil across the country, adding the item would soon be distributed nationwide soon. According to NIOPDC, Mohammad Reza Mousavikhah said the provinces of Keman, Yaz, Sistan and Balouchestan, Bushehr, Semnan and Fars would be fully supplied with the item […]

NIDC’s new projects to go operational soon: director 06 Jan 2019

NIDC’s new projects to go operational soon: director

Managing director of the National Iranian Drilling Company (NIDC) said some of the company’s new projects are going to go operational in near future, Shana reported on Saturday. According to Abdollah Mousavi, NIDC has drawn its roadmap based on active participation in domestic tenders for development of oilfields, especially in projects related to joint fields […]

New oil, gas fields discovered in Iran in past 2 years 19 Dec 2018

New oil, gas fields discovered in Iran in past 2 years

 The director of National Iranian Oil Company (NIOC)’s Discovery Department said new oil and gas fields have been discovered in the country during the past two years, IRNA reported on Tuesday. “The details of the discoveries will be revealed by the Oil Ministry.” Saleh Hendi said. According to the official, there are currently about 40 […]

280,000 barrels of oil traded at IRENEX on 1st day 29 Oct 2018

280,000 barrels of oil traded at IRENEX on 1st day

Some 280,000 barrels of crude oil were traded on Sunday, the first day of offering crude oil for export on Iran Energy Exchange (IRENEX), just few days before new round of U.S. sanctions on petroleum sector take effect, Shana reported. National Iranian Oil Company (NIOC) started to sell crude oil at $74.85 per barrel in […]