U.S., European and Iranian negotiators are nearing an agreement to revive the Obama-era Joint Comprehensive Plan of Action (JCPOA), better known as the Iran nuclear deal, according to officials ...
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National Iranian Oil Company (NIOC) – Involved In
Iranian condensate cargo arrives in Venezuela
A 2.1 million barrel cargo of Iranian condensate arrived in Venezuela's waters this week, vessel tracking data and a company document showed, ferrying supplies to state-run oil firm PDVSA ...
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Iran prepares return to International oil markets
Iran is preparing for its return to international oil markets, according to Bloomberg, which reported that officials from the National Iranian Oil Co. had met with two South Korean ...
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U.S. safety firm withdraws certification for two oil tankers over Iran sanctions
Two tankers have had their environmental and safety classification withdrawn by a U.S. company that provides such certification, after accusations by a U.S. advocacy group that they had shipped ...
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Iran’s oil industry is preparing for life after sanctions
Iran is taking its oil future into its own hands, despite ongoing sanctions from the U.S. With higher oil sales and revenues in 2021, Iran is planning to invest ...
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Iran’s NIOC shifts crude selling benchmark for Europe
Iranian state-owned NIOC will switch the benchmark basis of its official prices for European crude sales, a potential signal of Tehran's intentions to return in full force to global ...
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