National Iranian Oil Company (NIOC)

Iran’s oil output to increase by 135k bpd: NIOC CEO

TEHRAN, Jan. 21 (MNA) –The chief executive of the National Iranian Oil Company (NIOC) says the country’s oil production will increase by 135,000 barrels per day (bpd) with the execution of contracts to purchase crude processing services of oilfields.

NIOC inks new investment contracts valued at $2.7b

TEHRAN, Jan. 15 (MNA) – The National Iranian Oil Company (NIOC) signed contracts on purchasing guaranteed drilling services and processing crude in oilfields with a total value of $2.7 billion.

UK accepts Iran’s appeal over London building confiscation

TEHRAN, Dec. 06 (MNA) – The British Supreme Court has accepted the National Iranian Oil Company’s (NIOC) appeal in the Crescent legal, a major legal development that could prevent the confiscation of a valuable property.

Iran intends to diversify crude sales, boost oil output vol.

TEHRAN, Sep. 13 (MNA) – The chief executive of the National Iranian Oil Company (NIOC) on Tuesday emphasized the need to diversify oil sales methods and increase production using new technologies and new technology-based firms.

Iran targets daily gas output of 1.35 bcm

TEHRAN, Aug. 30 (MNA) – The National Iranian Oil Company aims to boost daily gas production to 1.35 billion cubic meters by the end of the country’s Seventh Development Plan (2024-28), the company’s chief said Saturday.

Iran's oil production uninterrupted despite tensions: NIOC

TEHRAN, Jun. 24 (MNA) – Despite the recent days of heightened tensions following Israeli’s imposed war, Iran's daily oil output has continued without disruption and all oil installations remain operational, National Iranian Oil Company (NIOC) said.

NIOC:

Iran's crude oil storage capacity increases by 2m barrels

TEHRAN, May 17 (MNA) – Iran’s crude oil storage capacity has increased by 2 million barrels following the commissioning of two refurbished tanks at the Kharg oil terminal in the operational zone.