National Iranian Oil Company

  • Iran-Owned UK Gas Field to Continue Operations

    Iran-Owned UK Gas Field to Continue Operations

    Tuesday, 6th November 2018

    The UK’s Rhum gas field, in which the National Iranian Oil Company (NIOC) holds 50%, will continue working after meeting US sanctions conditions against Iran, the field’s future operator.

  • Iran To Sell Oil to Asia at Discount

    Iran To Sell Oil to Asia at Discount

    Wednesday, 15th August 2018

    Iran plans to sell discounted oil to the Asian market as a way to mitigate losses caused by US sanctions on the country.