National Iranian Oil Company
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US Hits Iran With Fresh Sanctions, Ramping Up "Maximum Pressure"
The United States on Monday announced sanctions against more than 30 Iran-linked people and vessels, including the head of the national oil company, for brokering the sale and shipment of Iranian oil.
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Blast Sets Iran Tanker On Fire Off Saudi, 2 Missiles Hit It: State Media
An Iranian-owned oil tanker was struck by two missiles off the Saudi port of Jeddah on Friday, Iranian state television reported, quoting the National Iranian Oil Company (NIOC) which owns the vessel.
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Congress Alleges PM Has "Plans To Hike Fuel Prices By Rs 5-10 On May 23"
The Congress hit out at Prime Minister Narenda Modi on Tuesday over the US ending waivers that allowed India to buy Iranian oil without facing sanctions. The party alleged that PM Modi has asked oil companies not to increase the prices of petrol and diesel till May 23, when the results of the ongoing nation election will be declared.
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Centre To Exempt Rupee Payments For Iran Oil From Hefty Taxes
The finance ministry has exempted rupee payments made to the National Iranian Oil Co (NIOC) for crude oil imports from a steep withholding tax, according to a government order reviewed by Reuters.
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India Set To Buy Iran Oil For Emergency Reserves: Report
India is set to buy 6 million barrels of Iranian crude for its strategic oil reserves as negotiations with the United Arab Emirates' national oil company for supplies are stuck over commercial terms, industry sources said.
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GAIL in Talks With Iran to Revive Decade-Old LNG Deal
State-run gas utility GAIL India Ltd has begun talks with Iran to revive a decade-old $22-billion LNG supply contract, the cheapest deal ever struck by an Indian firm.
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RBI Tightens Compliance After Suspected Iran Export Scam
Although the RBI's ruling made no mention of the scheme that targeted UCO Bank, a central bank source familiar with the matter said it was related to a probe into the suspected misuse of up to $3.2 billion in export advances paid out by the bank.
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India says ready to start Iran oil cash transfer after deal
Indian refiners are ready to start transferring cash owed for Iranian oil as early as next week following a landmark deal to curb Tehran's nuclear programme.
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India bans Iranian crude from Indian waters
The immediate impact will be felt by oil refiners in India, particularly ONGC’s subsidiary Mangalore Refineries and Petrochemicals Ltd (MRPL) and Essar Oil’s Vadinar refinery.
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Iran says oil could reach $120 to $150 per barrel
The head of Iran's state oil company said Sunday that the price of crude will reach $120 to $150 per barrel
-
US Hits Iran With Fresh Sanctions, Ramping Up "Maximum Pressure"
The United States on Monday announced sanctions against more than 30 Iran-linked people and vessels, including the head of the national oil company, for brokering the sale and shipment of Iranian oil.
-
Blast Sets Iran Tanker On Fire Off Saudi, 2 Missiles Hit It: State Media
An Iranian-owned oil tanker was struck by two missiles off the Saudi port of Jeddah on Friday, Iranian state television reported, quoting the National Iranian Oil Company (NIOC) which owns the vessel.
-
Congress Alleges PM Has "Plans To Hike Fuel Prices By Rs 5-10 On May 23"
The Congress hit out at Prime Minister Narenda Modi on Tuesday over the US ending waivers that allowed India to buy Iranian oil without facing sanctions. The party alleged that PM Modi has asked oil companies not to increase the prices of petrol and diesel till May 23, when the results of the ongoing nation election will be declared.
-
Centre To Exempt Rupee Payments For Iran Oil From Hefty Taxes
The finance ministry has exempted rupee payments made to the National Iranian Oil Co (NIOC) for crude oil imports from a steep withholding tax, according to a government order reviewed by Reuters.
-
India Set To Buy Iran Oil For Emergency Reserves: Report
India is set to buy 6 million barrels of Iranian crude for its strategic oil reserves as negotiations with the United Arab Emirates' national oil company for supplies are stuck over commercial terms, industry sources said.
-
GAIL in Talks With Iran to Revive Decade-Old LNG Deal
State-run gas utility GAIL India Ltd has begun talks with Iran to revive a decade-old $22-billion LNG supply contract, the cheapest deal ever struck by an Indian firm.
-
RBI Tightens Compliance After Suspected Iran Export Scam
Although the RBI's ruling made no mention of the scheme that targeted UCO Bank, a central bank source familiar with the matter said it was related to a probe into the suspected misuse of up to $3.2 billion in export advances paid out by the bank.
-
India says ready to start Iran oil cash transfer after deal
Indian refiners are ready to start transferring cash owed for Iranian oil as early as next week following a landmark deal to curb Tehran's nuclear programme.
-
India bans Iranian crude from Indian waters
The immediate impact will be felt by oil refiners in India, particularly ONGC’s subsidiary Mangalore Refineries and Petrochemicals Ltd (MRPL) and Essar Oil’s Vadinar refinery.
-
Iran says oil could reach $120 to $150 per barrel
The head of Iran's state oil company said Sunday that the price of crude will reach $120 to $150 per barrel
