NIOC | Egypt Oil & Gas - Part 6

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,  Hellenic Shipping News informed. According to Iran Daily, Executive Director ...

Iran Prioritizes Joint Oil Fields Development

Newly appointed Managing Director of National Iranian Oil Company (NIOC), Ali Kardor, said that development of joint oil and gas fields are still top priorities for Iran, SHANA reported. Kador thus affirmed that the c...

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), Trade Arabia...

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...

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, ABC reported. Iranian Deputy Oil Minister and Managing Director of the National Iranian Oil Company (N...

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 o...

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. A report published by Mehr News Agency said the operation h...

Iran discovers huge oil field in a southern province

Iran has discovered one of its biggest oil fields with high quality crude in a southern province, the semi-official Mehr news agency quoted an official as saying on Saturday. ‘The preliminary studies show enormo...

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