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Latest National Iranian Oil Company Stories

2008-07-16 12:01:22

Total to continue projects in Iran: report TEHRAN, July 15 (Xinhua) -- A senior official of French energy giant Total said that its company is interested in continuing cooperation with Iran in its oil and gas sectors, the semi- official Mehr news agency reported on Tuesday. In a letter to Iranian Oil Minister Gholam-Hossein Nozari, Total Chief Executive Christophe de Margerie rejected recent reports on Total's withdrawal from South Pars gas field, describing them as political...

2008-07-16 12:01:22

Total to remain committed to Iran projects: Iranian national oil company TEHRAN, July 15 (Xinhua) -- National Iranian Oil Company (NIOC) on Tuesday rejected reports about French energy giant Total's withdrawal from the nation's South Pars gas deal, saying it has officially announced that it would carry out its commitments in Iran's oil industry. "Total had been previously active in Iran's oil industry and promised to participate in the development of Phase 11 of the South Pars gas...

2008-07-15 09:01:21

Iran, Russia sign energy cooperation agreement TEHRAN, July 14 (Xinhua) -- The National Iranian Oil Company ( NIOC) and Russian gas monopoly Gazprom signed an agreement to cooperate on development of Iran's oil and gas fields, the official IRNA news agency reported on Monday. NIOC Managing Director Seifollah Jashnsaz and head of Board of Directors of Gazprom Alexei Miller signed the agreement on Sunday during an official ceremony attended by Iranian Oil Minister Gholam- Hossein Nozari,...

2008-07-14 09:01:02

Iran discovers new billion barrel oil field in southwest: oil minister TEHRAN, July 13 (Xinhua) -- Iranian Oil Minister Gholam Hossein Nozari said on Sunday that Iran has discovered a new oil field in the southwest province of Khuzestan with in-place reserves of 1.1 billion barrels. The field, which is located near Andimeshk in Khuzestan, holds an estimated reserve of 233 million barrels of recoverable crude oil, state television quoted Nozari as saying. The oil discovered in the new...

2008-07-14 06:00:34

Text of report in English by Iranian official government news agency IRNA website Tehran, 14 July: National Iranian Oil Company and the Russian Gazprom on Sunday [13 July] signed an agreement on development of Iran's oil and gas fields. Based on the accord, working groups would be formed and a joint company would be set up between the two countries for cooperation in the oil and gas fields. The agreement was signed during an official ceremony attended by Oil Minister Gholam-Hoseyn...

2008-07-13 21:00:19

MOSCOW. July 13 (Interfax) - Russian natural gas monopoly Gazprom (RTS: GAZP) and the National Iranian Oil Company (NIOC) have signed a memorandum of understanding, Gazprom said on Sunday. A joint working group would be formed to put the memorandum's provisions into practice, Gazprom said in a press release posted on its website. The memorandum is the result of a visit to Iran by a Gazprom delegation led by the company's chief executive, Alexei Miller, who had a meeting in Tehran with...

2008-07-13 18:00:26

Excerpt from report by Russian state news agency RIA Novosti Moscow, 13 July: The open-style joint-stock company, Gazprom, and the National Iranian Oil Company have signed a memorandum of mutual understanding following a visit of a delegation of the Russian gas producer led by the chairman of the board, Aleksey Miller, to the Islamic Republic of Iran, RIA-Novosti was informed by the management of Gazprom today. In order to implement the articles of the memorandum a joint working group...

2008-07-10 09:01:18

Indian company to start drilling gas in Myanmar YANGON, July 9 (Xinhua) -- An Indian oil company, the Essar, will start drilling test well at an inland block in Myanmar's western coastal Rakhine state to explore natural gas in the coming open season later this year, news journal 7-Day reported Wednesday. The drilling will take place at block-L covering Sittway and Maungtaw regions of the state. Block-L stands one of the two blocks which the Indian company is to explore gas under a...

2008-07-09 09:00:54

Text of report in English by official Chinese news agency Xinhua (New China News Agency) [Xinhua: "Indian Company To Start Drilling Gas in Myanmar"] YANGON, July 9 (Xinhua) - An Indian oil company, the Essar, will start drilling test well at an inland block in Myanmar's western coastal Rakhine state to explore natural gas in the coming open season later this year, news journal 7-Day reported Wednesday. The drilling will take place at block-L covering Sittway and Maungtaw regions of the...

2008-07-08 12:01:07

Text of unattributed report headlined: Director of International Affairs in National Iranian Oil Company: Do not expect increase in oil reserves of oil producer countries published by Iranian newspaper Aftab on 5 July Director of International Affairs in National Iranian Oil Company [NIOC] said: One does not have to expect high level of oil reserves in the countries producing oil. He added: Unprecedented high prices of oil forced producer countries to sell even the last barrel of the oil...


Word of the Day
endocarp
  • The hard inner (usually woody) layer of the pericarp of some fruits (as peaches or plums or cherries or olives) that contains the seed.
This word comes from the Greek 'endon,' in, within, plus the Greek 'kardia,' heart.
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