NIOC
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ENERGY
Iran signs $2.5 billion deals with domestic firms to boost oil production
Iran’s National Oil Company (NIOC) signs contracts worth over $2.5 billion for drilling services and crude oil processing.
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ENERGY
Iran raises June light oil price for Asian customers
Iran’s state oil company raises its June selling price for light oil to customers in Asia.
ENERGY
Iran to spend $800 mln on buying 15 new oil drilling rigs: NIDC
Iran’s Oil Ministry plans to purchase 15 new onshore drilling rigs with an investment of $800 million.
ENERGY
Iran starts $528 mln project to develop oilfields near Iraq border
Iran launches $528 million worth of oilfield development projects near the border with Iraq.
ECONOMY
CBI to fund Iran’s rapid action plan to increase oil output
Iran’s CBI will provide a $3 billion loan to state oil company to fund an increase in oil production.
ENERGY
Iran discovers giant shale oil reserves in several regions
The National Iranian Oil Company says Iran has discovered shale oil reserves in 10 different areas across the country.
ENERGY
Iran awards ‘historic’ oil contracts to domestic companies
Iran’s state oil company the NIOC awards contracts worth some $13 billion to domestic companies.
ENERGY
Iran’s hydrocarbon reserves equal to 340 bn barrels of oil: NIOC chief
CEO of state oil company NIOC says Iran’s hydrocarbon reserves are equal to 340 billion barrels of oil.
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