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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National Iranian Oil Company (NIOC) – Involved In
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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Iran delivers 2 million barrels of condensate to Venezuela
Venezuela's state-run firm Petroleos de Venezuela (PDVSA) has received 2 million barrels of condensate from Iran, S&P Global Platts reports.
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Subsidiaries of National Iranian South Oil Company
National Iranian South Oilfields Company, through its subsidiaries, produces crude oil, gas, and liquefied gases. The Company’s reserves portfolio include Ahvaz Field (the world’s 3rd largest oil field) and ...
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Distancing itself from Iran China restricts tankers port entry
China has been quietly falling into line with international sanctions against Iran and distancing itself from its "strategic ally", with Beijing stealthily refusing to allow Iranian oil tankers into ...
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Iranian supertanker departing from Venezuela to transport heavy oil
An Iran-flagged supertanker on Saturday was about to set sail from Venezuelan waters carrying 2 million barrels of heavy crude provided by state-run oil firm PDVSA, according to documents ...
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