TEHRAN - Iran plans to increase its crude oil production by 400,000 barrels per day (bpd) within the next eight months, ...

The National Iranian Oil Company (NIOC) is set to introduce 23 onshore and offshore exploration blocks to accelerate ...

Iran on Tuesday introduced a new 10-part investment initiative designed to attract both domestic and international investors ...

The National Iranian Oil Company (NIOC) has introduced 15 major energy optimization projects in the industrial, construction and transportation sectors.

Iran has introduced a comprehensive 10-point incentive plan to stimulate investment in its upstream oil and gas industries, ...

TEHRAN, April 23 (Xinhua) -- Iran has unveiled a 10-part incentive package to boost investment in its upstream oil and gas industries, the official news agency IRNA reported.

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TEHRAN - Representatives from 30 countries across Europe, South America, Asia, and Africa have confirmed their participation ...

The remaining exported oil (along with all exported gas) will be shared among the government budget, the National Development Fund, and the National Iranian Oil Company, totaling $33.5b. Another ...

National Iranian Oil Company intends to sign contracts ranging between 5-7 billion dollars on expansion of oil and gas fields this year. National Iranian Oil Company intends to sign contracts ...

The Treasury Department's Office of Foreign Assets Control (OFAC) designated Brar, two UAE and two India-based entities that own and operate Brar's vessels that have transported Iranian oil on behalf ...