China’s Sinopec has succumbed to the US pressure and curbed its crude imports from Iran. While the numbers are unclear, based on the current supply
Tag: NIOC
Iran Discovers New Shale Oil Reserves and Ponders Boosting Gas Exports
Iran has found new shale oil reserves in its western province of Lorestan. The state-run National Iranian Oil Company (NIOC) said that the new discovery
Iran Boosts Output and Readies for Foreign Investment Despite Trump’s Moves
Iran has announced that it would start working on new deals to develop oil and natural gas fields in mid-February – a move that will
Iran’s Comeback: Teheran Luring International Oil Giants
Iran has granted 29 energy firms from more than a dozen countries a permission to bid for oil and gas projects using the new, less
Total First Western Energy Company to Strike a Deal with Iran
Total, French oil and gas giant, will be the first Western energy company to strike a deal with Iran. The company’s CEO, Patrick Pouyanné, made
Iran Sends its First Oil to China’s Teapots
According to trade sources, the battle among oil suppliers to satisfy the rising demand for imports from China’s independent refiners is being heated by the
Iran to Finally Introduce a New Oil Investment Deal
Iran’s Deputy Oil Minister, Rokneddin Javadi, said yesterday (5 May) on the state TV that a new oil investment contract for international oil firms will