Venezuela's state-run oil company PDVSA has begun loading an Iran flagged large tanker with Venezuelan heavy crude for export, a source with knowledge of the situation said on Tuesday, ...
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National Iranian Oil Company (NIOC) – Involved In
Iran boosts oil output at oilfields shared with Iraq
Iran has raised oil production from the oilfields in its southwest it shares with Iraq to 400,000 barrels per day (bpd) from 70,000 bpd in the past seven years, ...
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Khamenei-Controlled Company to develop Iran’s marun oil field
A company owned by Iran’s biggest state-controlled charity has signed a contract to develop part of the country’s second-largest oil field.
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BIS Undersecretary Vacates Administrative Law Judge’s Penalty for Iran Export Controls Violations
In an unusual decision, the Undersecretary for the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) remanded a civil penalty of $31,425,760 assessed by an Administrative Law ...
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Iran dishes out 13 oil deals
The National Iranian Oil Company (NIOC) announced Monday that the Iranian Offshore Oil Company (IOOC) and the National Iranian South Oil Company (NISOC) have signed 13 contracts with 14 ...
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Iran might be thinking to sell ‘Oil Bonds’ to people to raise cash
Iranian President Hassan Rouhani's promise last week to announce an "economic breakthrough" soon gave way to speculations that Iran was ready to approve anti-money-laundering laws mandated by the international ...
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