The cost of light crude oil, heavy crude oil, and Forouzan crude for sale in September has been fixed by the NIOC's international affairs division at $9.50, $6.30, and $6.40, respectively, over the average oil pri ...
Javad Owji, the Iranian Minister of Petroleum, said 7 billion dollars would be invested in the Azadegan Oilfield, the majority coming from Iranian banks, development companies, and the National Development Fund of ...
In the presence of the presidents of Iran and Venezuela, SADRA (Iran Marine Industrial Company) handed over the second Aframax tanker built by the company.
During his visit to Oman, Iranian Petroleum Minister Javad Owji agreed to revive a pipeline project to pump gas from Iran to the country.
The CEO of the Central Iranian Oil Fields Company (CIOFC) Mehdi Heidari announced company's plan to intensify gas production by 100 million cubic meters (mmcm) by the end of the Iranian calendar year 1404 (ending ...
The CEO of the National Iranian South Oil Company (NISOC) announced that its fields' production has grown by 600,000 barrels per day (bbl/d) under the Raisi administration.
According to state news agency IRNA, Mohsen Khojastehmehr, CEO of the National Iranian Oil Company (NIOC), oil production has reached pre-sanctions levels, despite economic pressures.
The operator of Abadan Refinery Development and Stabilization Project, National Iranian Oil Refining and Distribution Company (NIORDC), announced that it develops the refinery with the aim of optimizing the refine ...
Iranian Oil Minister Javad Owji said that his country will attempt to ramp up oil and condensates exports to 1.4 million barrels per day (mmbl/d) to cope with the annual budget.
The CEO of the National Iranian Oil Company(NIOC) , Mohsen KhojastehMehr, announced that the company has signed a contract for the development, production and increase of oil production from the South Pars oil lay ...
