IAEA Warned About Potential Anti-Iran ResolutionIran’s FM warned the UN nuclear chief that any resolution against Iran by the IAEA Board of Governors would prompt a proportional response from Tehran
Iran Condemns UK’s Rejection of Gaza Genocide ClaimsThe Iranian Foreign Ministry spokesperson criticized the UK for rejecting UN reports that clearly hold the Israeli regime responsible for genocidal crimes in Gaza
NIOC) and Gazprom signed the $40 billion memorandum in July on the day Russian President Vladimir Putin arrived in Tehran for a summit with his Iranian and Turkish counterparts.
Under the agreement, Gazprom will help NIOC in the development of the Kish and North Pars gas fields and also six oil fie ...
NIOC) announced on Tuesday. Alwaght- Iran has discovered new oil reserves in the country’s southwest, the National Iranian Oil Company (NIOC) announced on Tuesday.
Iranian experts have also carried out well-logging on an offshore exploratory block in the Persian Gulf with gas reserves estimat ...
NIOC) and Russia’s Gazprom signed a “historic” deal worth $40 billion for joint investment in oil and gas projects.
NIOC’s Managing Director Mohsen Khojastehmehr said then the deal was the largest foreign investment commitment on record in the entire history of the Iranian o ...
NIOC) and exploration and development companies as a financier.
South Zagros is one of the largest gas producing regions of Iran, being billed as a future rival to South Pars. It has a production capacity of more than 220 million cubic meters of gas per day, or more than 30% of Iran’s gas equ ...
NIOC) figures.
“Assuming crude at $80 a barrel, this amount of revenue is equivalent to the export of 1.92 million barrels of oil a day,” it added.
According to customs statistics, Iran's total income from exports of liquefied petroleum gas in the nine months of ...
NIOC) signed a memorandum of understanding worth around $40 billion on strategic cooperation. It was signed on the day Russian President Vladimir Putin arrived in Tehran for a summit with his Iranian and Turkish counterparts.
The MoU, among other things, refers to the following areas ...
NIOC) said Iran plans to increase its oil and gas production capacity by 50%, for which it needs $160 billion of investment.
To achieve this, the country needs to invest $89 billion in the oil industry and $71 billion in the gas sector, Mohsen Khojasteh-Mehr said in an interview with official news ...
NIOC) Mohsen Khojasteh Mehr suggested that there are no unsettled joint oil fields with Saudi Arabia.
“Now that we have started new relations with Saudi Arabia, the preliminary work for cooperation is starting,” he said.
Pointing to the latest measures of the NIOC in develo ...
NIOC) Mohsen Khojasteh-Mehr said.
To reach this capacity, 24 wells will be spudded in total. “So far, four wells have been put into operation, and the rest will gradually come on stream,” Khojasteh-Mehr said.
“The development of Phase 11 of Pars South is one of the most strategic ...
NIOC) signed an MoU with the presence of Iranian Oil Minister Javad Owji for direct transfer of Russian gas to Iran, projecting a revolution for regional energy and industry outlook.
Simon Watkins, a trader and journalist, in a piece published by Oil Price website said: This MoU and the other ...