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National Iranian Oil Company

Clothes clips covered in soot from burned fuel are seen as smoke from a strike on an oil facility lingers in the cloudy sky over Tehran, Iran, March 8, 2026. (AP Photo/Vahid Salemi)
March 8, 2026, 12:24 pm
Black clouds over Tehran rain down oil drops after Israel strikes oil facilities
IDF says fuel depots served Iran’s military infrastructure, as Iranian Red Crescent warns that contaminated precipitation ‘is extremely dangerous’
By Agencies and Emanuel Fabian
A part of Pardis petrochemical complex facilities in Assalouyeh on the northern coast of the Persian Gulf, Iran, Sept. 4, 2018. (Iranian Presidency Office via AP)
April 5, 2022, 1:10 am
Iran says oil production back to pre-Trump maximum pressure sanctions levels
Output restored to pre-2018 level of 3.8 million barrels per day, official says, noting Raisi’s decision to invest $500 million to restore facilities and increase production
By AFP
Russia's envoy to the International Atomic Energy Agency, Mikhail Ulyanov, stands in front of the Grand Hotel Vienna where closed-door nuclear talks with Iran take place, in Vienna, Austria, on Wednesday, June 2, 2021. (AP Photo/Lisa Leutner)
June 12, 2021, 5:57 pm
Talks resume in Vienna between Iran, world powers on return to nuclear deal
Diplomats say complicating factors include order of proposed measures, dealing with advances in Iran’s nuclear processing capability and presidential election in Iran
By Agencies and ToI Staff
Iran's Governor to the International Atomic Energy Agency Kazem Gharib Abadi, Political deputy at the Ministry of Foreign Affairs of Iran Abbas Araghchi, and Deputy Secretary General and Political Director of the European External Action Service Enrique Mora stand in front of the Grand Hotel Vienna, where where closed-door nuclear talks take place in Vienna, Austria, on June 2, 2021. (AP Photo/Lisa Leutner)
June 11, 2021, 1:25 pm
US lifts some Iran sanctions ahead of renewed nuclear talks
State Department spokesman insists the move is unrelated to the negotiations, but can’t say what ‘change in behavior’ by Tehran led to the removals
By Agencies and ToI Staff
This November 19, 2015 file photo shows a general view of a petrochemical complex in the South Pars gas field in Asalouyeh, Iran, on the northern coast of Persian Gulf. (AP Photo/Ebrahim Noroozi)
October 29, 2020, 11:18 pm
US sanctions 8 entities for facilitating Iranian oil transactions
Trump administration ups ‘maximum pressure’ campaign days ahead of vote, announcing plan to use proceeds from sale of fuel confiscated from Tehran tankers to benefit terror victims
By Jacob Magid
An Iranian oil worker rides his bicycle near an oil refinery south of the capital, Tehran, December 22, 2014. (AP/Vahid Salemi/File)
October 26, 2020, 10:34 pm
US hits Iran’s oil sector with further sanctions
Treasury Department designates 3 state entities under a counterterrorism authority, making it more difficult for a potential Biden administration to reverse move
By AFP
(From L-R) Segey Kudryashov, general director of Zaubezhneft, Iranian Oil Minister Bijan Namadar Zanganeh, Chairman of Iran's Energy Commission Fereydoun Hasanwand, Ali Kardor Managing Director of Iran's National Oil Company and Mohammad Iravani CEO and Chairman of Dana energy applaud after signing an oil field agreement in Tehran, on March 14, 2018. (AFP PHOTO / ATTA KENARE)
March 14, 2018, 11:29 pm
Iran signs $742 million oil deal with Russian company
Iranian minister expects boost in production of oil fields near Iraqi border to bring additional four billion dollars into state coffers
By AFP
A Royal Dutch Shell gas station, illustrative (CC BY-SA CEphoto, Uwe Aranas)
October 10, 2016, 9:23 pm
Shell signs initial deal en route to return to Iran
Oil giant wants ‘long-term presence’ in Islamic republic, which seeks $10 billion of oil and gas deals this year
By AFP
An Eilat Ashkelon Pipeline Company oil terminal in Eilat. (CC BY 2.5/Pikiwikisrael)
August 8, 2016, 6:00 pm
Swiss court orders Israel to pay up for Iranian oil
Deal dates back to days of the shah and before the revolution, when Jerusalem and Tehran worked together to export oil to Europe
By ToI Staff
An Iranian oil worker rides his bicycle near an oil refinery south of the capital, Tehran, December 22, 2014. (AP/Vahid Salemi/File)
January 17, 2016, 6:38 am
Iran ‘return’ to oil market risks more price pressure
With aging infrastructure and potentially hostile OPEC competitors, analysts unsure how end of sanctions could affect market
By Juliette RABAT
Iranian gas infrastructure in the South Pars field. (YouTube/Ministry of Petroleum of Iran)
September 7, 2015, 3:17 pm
Spain closes deal to supply Iranian natural gas to Europe
Economic and trade delegation representing over 70 companies visits Tehran to ramp up ties with European markets
By Stuart Winer
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