National Iranian Oil Company (NIOC) – Involved In

The IRGC’s Control of Iran’s Oil Industry

In the upcoming budget bill for Iran in the next year, the General Staff of the Armed Forces has been granted permission to sell crude oil and gas condensate, ...
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America would struggle to break Iran’s oil-smuggling complex

In february dilro, an obscure company based in Dubai, bought the Ocean Kapal, an 18-year-old tanker. Since then the Panama-flagged vessel has been given a new name, Abundance III, ...
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Iran sentences crew of seized Panama-flagged Ariana tanker

The crew of a Panama-flagged tanker seized by Iran last year has been sentenced to a total 22 years in prison by the revolutionary court of Bandar Abbas, Iranian ...
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Iran, Syria, Venezuela to construct oil refinery in Homs

Iran, Syria and Venezuela are to construct an oil refinery in Syria’s Homs governorate, following the signing of a landmark agreement last week. In an interview with Iran’s Fars ...
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1,550 bpd of Oil Produced from Each Well in Iran on Average

The deputy CEO of the National Iranian Oil Company (NIOC) for supervising oil and gas production at joint fields put the average daily crude oil produced from each oil ...
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Iran to build new oil refinery in Syria’s Homs in tripartite deal with regime

Iran is planning to build a new oil refinery in Syria with a capacity of 140,000 barrels a day, based on a tripartite memorandum of understanding with the Syrian ...
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