Iran has struck new deposits of “unconventional” oil estimated to hold up to 5bn barrels altogether, the head of the exploration department of the National Iranian Oil Co. (NIOC) said in ...

Cmdr. Christopher Johnson was relieved from leadership of NIOC, a subordinate command of Naval Information Operations Command Pacific headquartered at Joint Base Pearl Harbor-Hickam, by Capt.

Amir Moghiseh, the NIOC deputy director for the investment and business affairs, stated that one of the goals of holding the major national investment event in Iran's oil industry is to introduce the ...

Referring to NIOC's priority on the expansion of oil and gas fields, he noted that the goal set by NIOC is to boost this year's oil production capacity in the joint offshore and onshore fields by ...