National Iranian Oil Company
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NTIRO
Greece to be the first EU country to buy crude oil from Iran since trade sanctions lifted
Hellenic Petroleum, Greece’s largest refinery, has struck a deal to buy oil from the National Iranian Oil Company in the first sale of Iranian crude oil to a European country since trade sanctions were lifted. The long-term agreement announced on Friday said that deliveries are to begin immediately.
Iran doesn't want oil price war, may limit output rise: Official
Iran wants to avoid an oil price war with rival producers and only gradually lift exports once sanctions against it are lifted, a senior official said, in what would be a major shift away from planning to ship as much fuel as soon as possible.
Shell holds talks in Iran on post-sanction business
Royal Dutch Shell has recently held talks in Iran to discuss business cooperation with the oil and gas-rich country, in preparation for the possible removal of international sanctions on Tehran.