Indonesia to Sign Oil MoU with Iran

Indonesia's state-owned energy company Pertamina will sign a memorandum of understanding with the National Iranian Oil Company (NIOC) in August that will allow Pertamina to evaluate and assess up to four Iranian oil ...

Iran, South Korea Ink $2b Oil Deal

Iranian Isfahan oil refinery has inked a memorandum of understanding (MoU) with South Korean Daelim company to enhance production procedures and optimize the facility.

Iran Exports 2m Barrels of Crude to Poland

The director for international affairs at National Iranian Oil Company (NIOC), Mohsen Ghamsari, has declared that Poland’s Grupa Lotos has bought 2m barrels of Iran’s crude oil in a one-off purchase.

Iran to Sell Oil to India in Euro

Iran will receive euro payments for its oil exports to India, and the sales in rupees will stop, the Central Bank of Iran (CBI) announced.

Iran Prioritizes Joint Oil Fields Development

Managing Director of National Iranian Oil Company (NIOC) said that development of joint oil and gas fields are still top priorities for Iran.

Iran Signs Oil Deal with China

Iran and China tightened its relations in the energy sector after National Iranian Oil Company (NIOC) inked a new crude and condensate sales agreement with China Petrochemical Corporation (Sinopec Group).

Iran in Talks with Shell over Oil Supply to South Africa

Iran will provide oil needed for some Shell refineries in South Africa once an agreement has been made, National Iranian Oil Company's (NIOC) International Affairs Director, Mohsen Qamsari, said, announcing that talk ...

Iran to Re-Launch Oil Swaps with Azerbaijan

Iran is expected to begin implementing the oil swap agreement with Azerbaijan in March, after a gap of five years.

Iran Marks First Crude Sale to Europe, Signs Deal with Greece

National Iranian Oil Company (NIOC) and Greek's largest refinery, Hellenic Petroleum (ELPE) have reached a long-term agreement to immediately start the shipment of Iranian oil to Greece, marking the first sale of Isl ...

Iran to develop biggest joint oil field with Saudi Arabia

The National Iranian Oil Company (NIOC) has started developing Iran's biggest offshore oil field in the Persian Gulf which is shared with Saudi Arabia.

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