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National Iranian Oil Company

National Iranian Oil Company latest

New Oilfield Discovered in Iran with 53 Billion Barrels of Crude
November 11th, 2019 - 08:33 GMT

Iran: New Oilfield Discovered with 53 Billion Barrels of Crude

President Hassan Rouhani revealed on Sunday that Iran has discovered a new oilfield in the southwest of the country that has the potential to boost its reserves by about a third. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-a…","video_id":"a06ff7b5-e051-482b-ae88-2aba2a9cea1d","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 Arab Countries in terms of Ease of Doing Business 2019"} “Workers and the exploration arm of the National Iranian Oil Company ...have found an oilfield with 53 billion barrels of reserves,” Rouhani said in a televised speech ...
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Al Bawaba
June 4th, 2015 - 01:48 GMT

Shell discusses $2.3 billion debt to Iran

Al Bawaba
May 21st, 2015 - 11:41 GMT

Israel won’t pay $1.1B after Iran orders compensation on 35-year-old deal

Al Bawaba
May 12th, 2015 - 05:52 GMT

Iran to boost oil production by 700,000 barrels a day with more hydrocarbon

Ghamsari said that the oil price wouldn't go above $60/barrel in the next two years.
March 8th, 2015 - 08:30 GMT

A new approach: Iran announces supporting cheap oil for the first time

Al Bawaba
January 14th, 2015 - 01:42 GMT

Incentivized cooperation: will the oil price slide get the US to negotiate with OPEC?

Iran possesses the world’s second largest reserves of natural gas and the world’s fourth largest reserves of crude oil.
May 26th, 2014 - 12:37 GMT

If you say so: Iran affirms that oil prices won't drop below 100$

Iran has tried to bring more foreign companies into its energy sector since securing sanctions relief from a November interim agreement to temporarily curb its nuclear activities.
May 19th, 2014 - 02:55 GMT

What's in it for who? Swedish and Russian firms to help Iran dig for oil in the Caspian sea

Iran's crude oil exports have been rising since Tehran reached a breakthrough deal with six world powers over its nuclear energy program last November.
May 14th, 2014 - 02:55 GMT

Who's being replaced? Iran to export 400,000 bpd to China

Analysts say Iran represents the best route for energy transfer in the region as this route is shorter and less costly than Russia, Turkey and China routes.
March 19th, 2014 - 03:55 GMT

Overly confident about its infrastructure capacities? Iran to resume 1997 oil swaps

Another Russian company Lukoil suffered a $63 million loss when it withdrew from a project in the Aran oilfield
September 19th, 2013 - 02:55 GMT

Russian firm ready to develop Iranian gas field

The South Pars gas field holds 8 percent of total gas reserves of the world and half of the country's proven gas reserves
July 31st, 2013 - 09:55 GMT

Gas production to begin in Iran's South Pars

The South Pars/North Dome field is the world’s largest gas field and is shared by Iran and Qatar.
May 12th, 2013 - 10:35 GMT

Iran to increase production of South Pars gas field to 100 mcm, invest $30 billion

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