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

Iran to triple military spending as currency tanks

Iran plans a 200 percent increase in military spending in an upcoming budget, a spokesperson said on Tuesday, and will aim to boost revenue through higher taxes despite a ...
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Khamenei and Iran’s Corrupt Velayat-e Faqih Regime Responsible for Tabas Mine Disaster

The responsibility for the Tabas mine disaster lies with Khamenei and the corrupt regime of Velayat-e Faqih The rights of workers and the laboring class can only be secured ...
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Iran appoints national oil company CEO

Iran's new oil minister Mohsen Paknejad appointed Hamid Boord as CEO of the National Iranian Oil Company (NIOC), Iran's oil ministry news agency SHANA reported on Thursday. "By order ...
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Russia Eyes Expansion of Investment in Iranian Oil and Gas Sector

Russian oil companies are to undertake a slew of new investments to development Iran’s huge oil and gas reserves, according to recent comments from the Islamic Republic’s Petroleum Minister, ...
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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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