Monday 5 December 2016
 
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NIOC

Iran inks oil deals with 3 Russian companies

National Iranian Oil Company (NIOC) has signed agreements with three leading Russian oil companies for bilateral cooperation, a report said. Memorandums of Understanding (MoUs) were inked between Iran and the Lukoil, Tatneft and Z

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Iran, Poland partner for oilfield studies

National Iranian Oil Company (NIOC) and PGNIG, a leading Polish firm in the energy sector, have signed a partnership aimed at conducting evaluation studies on an Iranian oilfield, a report said. Sumar oilfield, in the western prov

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Iran to sign six oil deals with foreign firms

Iran will soon sign six agreements with international energy companies for the development of its oil sector projects, a report said. Foreign companies that won oil sector deals in Iran would have to team up with local firms, Ghol

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Libya set to restart oil exports from seized ports

Libya's National Oil Corporation (NOC) said on Tuesday it would immediately start working to resume crude exports from ports seized in recent days by forces loyal to eastern commander Khalifa Haftar. Welcoming pledges from Haf

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Iran eyes oil sale deal with Swiss company

National Iranian Oil Company (NIOC) is planning enter into an agreement with the Swiss Vitol energy and commodities company on the sale of oil and gas condensate, a report said. NIOC is likely to sell oil at a discount rate within

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Iran to sign oil contracts based on new model

National Iranian Oil Company (NIOC) will sign two or three contracts based on the new model by March next year, the company’ deputy managing director said. Gholamreza Manouchehri added that he expected amendments to the new

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Joint oilfields ‘top priority for NIOC’

Development of joint oil and gas fields is a top priority of National Iranian Oil Company (NIOC), Ali Kardour, the company's newly appointed managing director was quoted as saying by Iran Daily. Completion of South Pa

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Iran names new chief for oil company

Iran has appointed Ali Kardor to lead the state oil company, promoting him from the role of finance director as the country boosts crude output and seeks more than $100 billion in investment to revive its energy industry. Kardor r

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BP eyes investment in Iran oilfields

British-based oil and gas company BP is keen to invest in the development of certain Iranian oil fields, Iran Daily has quoted the country’s deputy oil minister as saying. Negotiations are underway with BP for coope

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Iran signs oil sales deal with Sinopec

National Iranian Oil Company (NIOC) has signed a new crude and condensate sales agreement with Sinopec of China, a report said. "Oil sales to Chinese firms was not halted even during the years of sanctions and negotiations ar

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