EghtesadOnline: The National Iranian Oil Company supplies almost 55% of low-sulphur fuel to Iran's shipping fleet that complies with the International Maritime Organization’s new regulations demanding a 0.5% global sulphur cap for marine fuels, deputy for fleet development department in the Islamic Republic of Iran Shipping Lines said.
EghtesadOnline: The wellhead Platform 7 of Hendijan Oil Field in the Persian Gulf was installed late on Monday, managing director of Iranian Offshore Oil Company, operator of the field, said.
EghtesadOnline: Over 20,700 gasoline-powered public transport and commercial vehicles have so far been converted into compressed natural gas hybrids, as per the nationwide scheme initiated by the National Iranian Oil Refining and Distribution Company in late May.
EghtesadOnline: The National Iranian South Oil Company and Iran Central Oil Fields Company -- both subsidiaries of the National Iranian Oil Company -- signed contracts with 14 domestic oil and gas companies on Monday to develop eight oilfields.
EghtesadOnline: The National Iranian Oil Company has reported that gas flaring in oilfields declined 40% in 2019 compared to 2017.
EghtesadOnline: Supplying associated petroleum gases from oilfields in Sirri Island to thermal power plants in Kish Island over the decade has significantly cut the use of high levels of diesel, head of operations in Kish at the Iranian Offshore Oil Company said.
EghetsadOnline: The National Iranian Oil Company raised $700 million in revenues by selling oil and petroleum byproducts in the capital market in the past eight months, the managing director of the company said Tuesday.
EghtesadOnline: National Iranian Drilling Company, a subsidiary of the National Iranian Oil Company, is collaborating with 230 local manufacturers, especially in Khuzestan Province, to indigenize drilling equipment, the company’s managing director said.
EghtesadOnline: The National Iranian Oil Company Exploration Directorate signed four research contracts with universities and knowledge-based companies in Mashhad, Khorasan Razavi Province.
EghtesadOnline: CEO of the National Iranian Oil Company said Tuesday the state company will offer 20 trillion rials ($154 million) worth of Manfa’at bonds in two stages on March 13 and 16 on Iran Fara Bourse (junior stock market for securities and other financial instruments in Tehran).