Iranian Oil Company (U.K.) Limited – Involved In

Iran’s Sanction-Busting Methods Breed Massive Corruption

The bickering of political rivals in Iran has brought to light the role of “trust companies” in funneling back proceeds from sanctioned crude oil sales and the corruption involved ...
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Russia and Iran Build Out Gas Alliance String of New Cooperation Agreements

Nineteen new cooperation agreements in the areas of oil gas, infrastructure, and finance have been signed in recent days between Iran and Russia, a senior source who works closely ...
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Has Iran given up on energy deals with Russia?

The story: The Iranian government has signed a 20B USD accord with four local companies to forge ahead with a key project at the world’s largest gas field. The ...
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US Lawmakers Warn Against Iran Boosting Oil Revenues Despite Sanctions

In a letter to the US Treasury Department, 11 members of the House of Representatives warned against Iran’s illicit strategies to circumvent oil sanctions. Iran’s actions are “compromising the ...
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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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Iran’s Regime Plans To ‘De-Nationalize’ The Oil Industry

The Iranian regime is planning to hand over the oil industry to the “private sector,” which will effectively place the national wealth in the hands of insiders. In 1951, ...
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