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NISOC to Ink Major Gas Deals with PGPIC, Maroon Petchem Co.
 

NISOC to Ink Major Gas Deals with PGPIC, Maroon Petchem Co.

TEHRAN (Shana) -- The National Iranian South Oil Company (NISOC) is to sign two contracts, totally valued at $1.2 billion, with the Persian Gulf Petro...

Equinor expands in energy trading and services through acquisition of Danske Commodities
 

Equinor expands in energy trading and services through acquisition of Danske Commodities

Equinor has reached agreement to buy 100% of the shares in Danish energy trading company Danske Commodities (DC) for EUR 400 million, with smaller con...

Iran Mulls Building Phase II of Mahshahr Petzone
 

Iran Mulls Building Phase II of Mahshahr Petzone

TEHRAN (Shana) -- The National Petrochemical Company (NPC) is planning to complete the value chain in the second phase of Mahshahr Petrochemical Zone ...

Entering new agreements in Azerbaijan
 

Entering new agreements in Azerbaijan

Statoil Azerbaijan (part of the Equinor group) and Azerbaijan’s state oil company SOCAR have today, 30 May, signed a Risk Service Agreement (RSA...

Iran to Extend Gas Distribution Network by 1,000 km
 

Iran to Extend Gas Distribution Network by 1,000 km

TEHRAN (Shana) -- The National Iranian Gas Company (NIGC) has planned to add 1,000 kilometers to the country's gas distribution network by the end...

NIOC to Strike $1.2b Gas Flare Deals
 

NIOC to Strike $1.2b Gas Flare Deals

TEHRAN (Shana) -- The National Iranian Oil Company (NIOC) is to sign two contracts, valued at $1.2 billion, with the Persian Gulf Petrochemical Indust...

Asian Consortium Plans Major Investment in Iran Petchem Sector
 

Asian Consortium Plans Major Investment in Iran Petchem Sector

TEHRAN (Shana) -- A major Asian consortium is planning to invest 7 billion dollars in Iran's petrochemical industry, an official with the National...

NITC Braces for Facing Sanctions
 

NITC Braces for Facing Sanctions

TEHRAN (Shana) -- The National Iranian Tanker Company (NITC) says it is ready to counter potential US sanctions. “Under the prev...

AOGPC Acquires Savvy to Repair Gas Injection Regulators
 

AOGPC Acquires Savvy to Repair Gas Injection Regulators

TEHRAN (Shana) -- Iran's Aghajari Oil and Gas Production Company (AOGPC) has developed the technical savvy required for repairing and renovating g...

New Gas Hub in South Iran
 

New Gas Hub in South Iran

TEHRAN (Shana) -- Kish gas field, which is estimated to contain as much gas as held by five phases of the giant offshore South Pars Gas Field, is a to...

Partnership of Private Sector in Swap, Export of Petroleum Products
 

Partnership of Private Sector in Swap, Export of Petroleum Products

TEHRAN (Shana) -- The CEO of the National Iranian Oil Products Distribution Company (NIOPDC) said plans were under way to involve the domestic private...

Iran Phase 11 of the South Pars Gas Agreement Terms Unchanged Yet
 

Iran Phase 11 of the South Pars Gas Agreement Terms Unchanged Yet

TEHRAN (Shana) --A senior official at the National Iranian Oil Company (NIOC) said no changes had been made in the terms of Iran's multi-billion-d...

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