TEHRAN, December 14 - Iranian Oil Minister Bijan Namdar Zanganeh said the country has completely been exempted from a resolution by the Organization of the Petroleum Exporting Countries (OPEC) to reduce oil production.
TEHRAN, October 01 - Iran said it is working on an agreement to sell oil to Europe in face of returning US sanctions that ban purchases of oil from the country.
TEHRAN, May 17 - The National Iranian South Oil Company (NISOC) signed an initial agreement with Pergas whereby the London-based international consortium will develop an oilfield in the country’s southwestern province of Khuzestan.
TEHRAN, May 7 - Deputy Managing Director of NIOC (National Iranian Oil Company) for Development and Engineering Affairs Gholamreza Manouchehri said the country would sign 7 oil agreements by mid September and and 10 more by mid March.
TEHRAN, May 25, YJC - The National Iranian Oil Company (NIOC) and Spanish-Iranian consortium signed an agreement on producing corrosion resistant pipes used in the oil industry.
Iran and Iraq finalized two Memoranda of Understanding (MoU) on oil cooperation, said Iranian Deputy Oil Minister for International Affairs and Trading Amir-Hossein Zamani-Nia.
The world's largest oil trader, Vitol, has clinched a deal with the National Iranian Oil Co. (NIOC) to loan it an equivalent of $1 billion in euros guaranteed by future exports of refined products, four sources familiar with the matter said.