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Category: Iran

New NIOC Investment Caretaker Appointed

Head of the National Iranian Oil Company (NIOC) Ali Kardor issued a decree appointing Talin Mansourian as the new caretaker of investment and business at…

India’s oil imports from Iran edge up in September

Last month, India shipped in about 528,000 barrels per day (bpd) oil from Iran, about 1 percent more than the 523,000 bpd of August and…

NIOC to offer oil on domestic stock market by October

The National Iranian Oil Company (NIOC) has planned to supply a million barrels of crude oil on the domestic stock market by October 22. “In…

US blocking export of Iranian gas to Pakistan: Speaker

Speaker of the Iranian Parliament Ali Larijani said: “It is said that the United States is blocking completion of the Pakistani section of the IP…

Oil market never buys Saudi Brags: Iran

Iranian Minister of Petroleum Bijan Zanganeh reacted to recent remarks by Saudi authorities regarding oversupplying the oil market, saying: “Such brags would only satisfy Mr….

US sanctions strengthen Iran-Russia gas relations: NIGC

Iran’s deputy petroleum minister for gas affairs said the United States’ stance towards Tehran would bolster the alliance between Iran and Russia, saying Iran had…

“Suspend Sanctions:” Iran OPEC Boss says to Trump

Iran’s OPEC Governor said imposing sanctions on Iran’s oil industry was not practical, adding, “Mr. Trump is fuming at the failure of some countries to…

Trump blamed for rising crude prices: Iran

Iranian Minister of Petroleum Bijan Zanganeh stated on Tuesday that U.S. President Donald Trump was responsible for rising oil prices. The official also reiterated that…

Iran H1 Petchem output at 27.5 mt

Iranian petrochemical plants supplied 27.5 million tons of products over the course of the first half of the current Iranian calendar year, which began on…

Iran plans expanding oil export spots by developing Makran

 The National Iranian Oil Company (NIOC) CEO said one of the main goals to develop Makran Coastal Strip was diversifying the country’s oil export spots….

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