TEHRAN (NIOC) _ Iranian Minister of Petroleum, Javad Owji, said on Thursday Tehran and Moscow signed multiple agreements in development of oil and gas fields, construction of petro-refineries and technology transfer.

TEHRAN (NIOC) _ The 23 member states of the Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+ Coalition) agreed at their 24th meeting to boost the group’s output by 400,000 barrels per day in February 2022.

TEHRAN (NIOC) _ Turkmenistan gas swap agreement from Iran to Azerbaijan came on stream on Saturday, January 1, 2022.

National Iranian Oil Company (NIOC) expresses warm wishes for a Merry Christmas and hopes this season brings tons of success, good health and prosperity to all Christians.

TEHRAN (NIOC) _ The CEO of the National Iranian Oil Company stressed the need to absorb and transfer technology in the company, and said: Underground capital is not our (Iran’s) competitive advantage. It can be an advantage when we can recover it.”

TEHRAN (NIOC) – Iranian Minister of Petroleum Javad Owji appointed Ahmad Asadzadeh as the Deputy Minister of International Affairs and Trading.

TEHRAN (NIOC) _ A member of the presidium of the Energy Committee of the Islamic Consultative Assembly said: Iran's oil exports are in a favorable condition and we will experience better conditions by bartering oil with goods and services.

TEHRAN (NIOC) _ The 23rd OPEC and non-OPEC Ministerial Meeting was held via video conference on Thursday December 2, 2021, under the chairmanship of Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman, and Co-Chair Deputy Prime Minister of the Russian Federation, Alexander Novak.

TEHRAN (NIOC) _ The Organization of the Petroleum Exporting Countries and its allies reached a compromise on Thursday on continuing with the current agreement, increasing their crude oil output by 400,000 bpd for January.

TEHRAN (NIOC) _ The director of oil and gas engineering of Pars Oil and Gas Company said with the start of drilling an extension appraisal well in the northern part of the South Pars gas field, evaluation of the potential capacity of the areas outside the current blocks of the field entered the implementation phase.

TEHRAN (NIOC) _ Iranian President Ebrahim Raisi said: “The Islamic Republic of Iran is ready to develop oil and gas training programs for ECO member countries.”

TEHRAN (NIOC) _ The CEO of the National Iranian Oil Company (NIOC) said the company would welcome the arrival of foreign investment, saying: If for any reason foreign investment is not materialized, different scenarios are on the table and we will not keep waiting for them.

TEHRAN (NIOC) _ Iranian Minister of Petroleum, Javad Owji, said on Tuesday that Iran and Algeria will continue their close collaboration in OPEC and GECF, congratulating its nominee on his appointment as GECF’s secretary general.

TEHRAN (NIOC) _ The CEO of the National Iranian Oil Company (NIOC) said roughly $11 billion will be invested to bolster gas production from Iran’s offshore fields by 240 million cubic meters.

TEHRAN (NIOC) _ The CEO of the National Iranian Oil Company (NIOC) said with a $4-billion investment in the development of the North Pars field, 100 million cubic meters per day of gas will be produced from the field.

TEHRAN (NIOC) _ The CEO of the National Iranian Oil Company emphasized that the business and investment structure should be established and active in the subsidiaries of the National Iranian Oil Company and the export-oriented approach should be considered in all sectors.

TEHRAN (NIOC) _ The CEO of the National Iranian Oil Company emphasized on continuing exploration activities in the north and strengthening the Khazar Exploration and Precaution Company (KEPCO) to advance the goals of the oil industry.

TEHRAN (NIOC) – Iranian Minister of Petroleum Javad Owji said Iran’s oil sales have improved, saying: From the next one or two weeks, the export of petroleum products, which we had restrictions due to the supply of domestic reserves, will resume.

TEHRAN (NIOC) _ Doroud oil field, which is located in Kharg Island and northwest of the Persian Gulf, is among developed oil fields which the Iranian Offshore Oil Company (IOOC) presented to foreign investors within the framework of the new model of oil contracts known as Iran Petroleum Contract (IPC).

TEHRAN (NIOC) _ The CEO of the National Iranian Oil Company said that $11 billion is needed to complete the West Karun projects.