Monday, September 24, 2018   02:56:12
Iran will veto any OPEC decision jeopardizing its interests: oil minister
Oil Market Can’t Ignore Iran
  • Saturday 9/22/2018 Oil Market Can’t Ignore Iran
    TEHRAN (NIOC) Oil market has been experiencing special conditions in recent months. On one hand, oil prices have followed an upward trend while on the other, US President Donald Trump is imposing oil sanction on Iran and calling on OPEC countries to help his anti-Iran campaign.
US zero exports target impossible in tight market
  • Saturday 9/15/2018 US zero exports target impossible in tight market
    TEHRAN (NIOC) _ A senior Iranian oil official says the United States will fail to drive Iranian oil exports down to zero as the market is already tight and rival producers are not able to make up the shortfall.
NISOC Signs Two Major Gas Deals with PGPIC, Maroon Petchem Co.
  • Tuesday 9/4/2018 NISOC Signs Two Major Gas Deals with PGPIC, Maroon Petchem Co.
    TEHRAN (NIOC) The National Iranian South Oil Company (NISOC) signed two contracts, totally valued at $1.2 billion, with the Persian Gulf Petrochemical Industries Company (PGPIC) and Maroon Petrochemical Company for gathering associated gases in East Karoon area.
West Karoun Output Keeps Rising
  • Monday 9/3/2018 West Karoun Output Keeps Rising
    TEHRAN (NIOC) _ Iran holds about 67 billion barrels of oil in place in the jointly owned oil fields in the West Karoun area. Until 2013, Iran was extracting nearly 50,000 b/d of oil from these fields which are shared with neighboring Iraq. But now Iran’s output has exceeded 300,000 b/d.
US up to sanction China for purchasing Iranian crude oil
Iran Phase 11 of the South Pars Gas Agreement Terms Unchanged Yet
  • Monday 8/13/2018 Iran Phase 11 of the South Pars Gas Agreement Terms Unchanged Yet
    TEHRAN (NIOC) _ A senior official at the National Iranian Oil Company (NIOC) said no changes had been made in the terms of Irans multi-billion-dollar agreement with a French energy major Total-led consortium developing Phase 11 of the South Pars gas field.
India imports fifty percent more Iran oil from a year ago
  • Wednesday 8/1/2018 India imports fifty percent more Iran oil from a year ago
    TEHRAN (NIOC) _ Indian refiners imported around 50 more Iranian oil in June than a year ago, the country’s Oil Minister Dharmendra Pradhan has said ahead of the first set of US sanctions against Tehran taking effect in a week.
US sanctions to assist China buy more Iran oil
  • Thursday 7/19/2018 US sanctions to assist China buy more Iran oil
    TEHRAN (NIOC) _ The US government is expecting Iran’s oil clients to sharply cut imports from the country under the threat of sanctions but senior American officials believe China is likely to buy even more Iranian crude, Wall Street Journals reported.
Russia Prepares for $50 Billion Investment in Iran’s Energy Industry
Saudis ‘disparage’ OPEC if increase oil output
  • Wednesday 7/4/2018 Iran: Saudis ‘disparage’ OPEC if increase oil output
    TEHRAN (NIOC) _ Iran has strongly reacted to a purported plan by Saudi Arabia to increase its production of crude oil and says the alleged attempt would belittle the Organization of the Petroleum Exporting Countries (OPEC) which last week agreed to maintain supplies.
No reduction in crude oil production despite U.S. sanctions
Members Endorse Full Compliance with OPEC Output Cut Plan
  • Saturday 6/23/2018 Members Endorse Full Compliance with OPEC Output Cut Plan
    TEHRAN (NIOC) Members of the Organization of Petroleum Exporting Countries (OPEC), during the body’s 174th ordinary meeting in Vienna, endorsed Iran’s proposed model for boosting the group’s crude oil output, sticking to full compliance with OPEC’s output cut deal, Shana reported.
Trump Responsible for Politicized Oil Market: Iran
No need for boosted OPEC Output: Zangeneh
  • Wednesday 6/20/2018 No need for boosted OPEC Output: Zangeneh
    TEHRAN (NIOC) Iranian Minister of Petroleum Bijan Zangeneh says there is no necessity for ramping up the crude output of the Organization of Oil Exporting Countries (OPEC).
Iran will veto output grow when OPEC meets
  • Tuesday 6/19/2018 Iran will veto output grow when OPEC meets
    TEHRAN (NIOC) _ Iran will veto an anticipated proposal by Saudi Arabia and Russia to increase global production of oil when major producers meet in Vienna on Wednesday, stressing that it will have Iraq and Venezuela by its side to block the move, Press TV reported.
Spain’s Repsol encourages US rage with first purchase of Iranian oil
Iran, Iraq begin strategic oil swap scheme
Iran oil imports stable regardless of US threats
  • Sunday 5/27/2018 Iran oil imports stable regardless of US threats
    TEHRAN (NIOC) _ Indian refiners say they are keen to maintain oil imports from Iran despite the US withdrawal from a nuclear deal with Tehran and threats to pressure the country with “the strongest sanctions in history.”
Iran oil Minister: All new decision in OPEC needs unity
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