EghtesadOnline: Experts of the National Iranian Oil Company have restored a dilapidated gas-powered turbine in Ahvaz pumping station, Khuzestan Province, which has boosted the transfer of crude oil to refineries and export terminals, NISOC's deputy for production said on Saturday.
EghtesadOnline: State-owned National Iranian Oil Company has cut the official selling price differential for all its crude oil grades loading in September from Kharg Island and bound for Asia, a company source said on Friday.
EghtesadOnline: The National Iranian Oil Company is expected to sign two contracts, worth $1.2 billion, with domestic companies to collect associated petroleum gases from oilfields in the eastern Karoun region, Khuzestan Province, an official at NIOC said.
EghtesadOnline: National Iranian Oil Company shipped its first batch of crude cargo from West Karoun Oil Block in the southern Khuzestan Province to an unnamed European buyer.
EghtesadOnline: National Iranian Oil Company plans to increase the production capacity of its oilfields by 400,000 barrels per day.
EghtesadOnline: Operations to develop South Pars Gas Field's Phase 11 in the Persian Gulf are moving forward despite Total abandoning the venture, the deputy for development and engineering at the National Iranian Oil Company said.
EghtesadOnline: The National Iranian Oil Company needs a policy paradigm shift to develop oilfields, a member of Iran's Institute for International Energy Studies said.
EghtesadOnline: The National Iranian Oil Company has allocated 4% of the oil projects' value, including extraction and production, on implementing development plans in oil-rich regions, NIOC's managing director said.
EghtesadOnline: State-owned National Iranian Oil Company raised the official selling price differentials for all its crude oil grades loading in July from Kharg Island and bound for Asia from the previous month, a company source said on Monday.
EghtesadOnline: The National Iranian Oil Company will provide various ministries and governmental organizations with 4 million tons of free bitumen valued at up to 30 trillion rials ($714.28 million), a parliamentarian said.