National Iranian Oil Company (NIOC) – Involved In

ifmat - US sanctions on Iranian shipping resume

U.S. blacklists Chinese, UAE-based companies over sale of Iranian petrochemicals

The U.S. Treasury Department said in a statement it had blacklisted the four entities for facilitating the export of Iranian petrochemical products by Triliance Petrochemical Co. Ltd, which was ...
Read More [+]
ifmat - Iran uses disguised tanker to export Venezuelan Oil

Iran uses disguised tanker to export Venezuelan Oil

A tanker chartered by the National Iranian Oil Company (NIOC) is loading Venezuelan crude for export, documents from state-run PDVSA show, providing evidence of the two countries’ latest tactics ...
Read More [+]
ifmat - Mostazafan Foundation a pillar of Khamenei economic empire in Iran

Mostazafan Foundation a pillar of Khamenei’s economic empire in Iran

The Mostazafan Foundation of Islamic Revolution, Bonyad-e Mostazafan Va Janbazan (MFJ), or simply Bonyad [Foundation in Persian], is the second-largest commercial enterprise in Iran behind the state-owned National Iranian ...
Read More [+]
ifmat - US issues fresh Iran-related sanctions targeting state oil sector

U.S. issues fresh Iran-related sanctions targeting state oil sector

The United States on Monday imposed fresh Iran-related sanctions targeting the Islamic Republic's oil sector, including the Iranian Ministry of Petroleum, in Washington's latest action to increase pressure on ...
Read More [+]
ifmat - China is ready to give Iran’s oil industry a major boost

China is ready to give Iran’s oil industry a major boost

With the 25-year deal with China now moving ahead at pace, Iran has a buyer for all of the crude oil it can produce, albeit at discounted levels, so ...
Read More [+]
ifmat - Iran oil exports jump in September defying sanctions

Iran’s oil exports jump in September defying sanctions

Iranian oil exports have risen sharply in September in defiance of U.S. sanctions, three assessments based on tanker tracking showed, throwing a lifeline to the Islamic Republic and its ...
Read More [+]