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The assets of the top 100 Iranian public corporations, which does not include major government owned corporations such as the National Iranian Oil Company and affiliated companies, Industrial Development and Renovation Organization of Iran (IDRO) affiliated companies, the Defense Industries Organization, Iran Air and the Iran Aviation ...
Naftiran Intertrade Company S.à r.l. (NICO) is a Swiss-based subsidiary of the National Iranian Oil Company (NIOC). NICO is a general contractor for the oil and gas industry. NIOC buys the vast majority of Iran's gasoline imports. [4] NICO is a key player in Iran's energy sector. [4]
The National Iranian Tanker Company (NITC, Persian: شرکت ملی نفتکش ایران, Sherkat-e Meli-ye Naftkesh-e Iran) is a subsidiary of the National Iranian Oil Company, which was privatized in 2009. [1] As of 2011, NITC was owned by funds managing pensions for 5 million Iranians. [2] It is the biggest tanker company in the Middle East ...
Heading for Turkey to the north and Iran to the east, hundreds of oil tankers snake each day from near Kurdistan's capital Erbil, clogging the Iraqi region's often winding and mountainous highways.
As Khuzestan is the main oil and gas-producing province, this entity is among the most significant in the NIOC family. It produces approximately 80 percent of all crude oil produced in Iran. [54] Khazar Oil Exploration and Production Company in charge of Iran's Caspian Sea sector (onshore and offshore) Karoon Oil and Gas Production Company (KOGPC)
DUBAI (Reuters) -Iran's oil ministry said the oil cargo of an Iranian-flagged supertanker seized by Indonesia last week does not belong to Tehran, Iranian state media reported on Friday. An oil ...
A sophisticated fuel oil smuggling network that some experts believe generates at least $1 billion a year for Iran and its proxies has flourished in Iraq since Prime Minister Mohammed Shia al ...
Iran's oil industry began in 1901, when British speculator William D'Arcy received a concession from Iran to explore and develop southern Iran's oil resources. The exploration in Iran was led by George Reynolds. The discovery of oil on May 26, 1908 [13] led to the formation in 1909 of the London-based Anglo-Persian Oil Company (APOC). By ...