Private company

Iraq National Oil Company

Iraqi company operating all aspects of the Iraqi oil industry except refining

The Iraq National Oil Company (INOC) is a petroleum company founded in 1966 by the Iraqi government. It was empowered to operate all aspects of the oil industry in Iraq except for refining which was already being run by the Oil Refineries Administration (1952) and local distribution which was also already under government control. In 1961, Iraq passed Public Law 80 whereby Iraq expropriated 95% of the Iraq Petroleum Company's concessions, and went on to announce the intent to form the INOC in 1964.2 It is headquartered in Baghdad.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1964Founded1
  • Industrypetroleum industry1
  • HeadquartersBaghdad1

The Iraq National Oil Company (INOC) is a petroleum company founded in 1966 by the Iraqi government. It was empowered to operate all aspects of the oil industry in Iraq except for refining which was already being run by the Oil Refineries Administration (1952) and local distribution which was also already under government control.2

Products and brands

  • petroleum

Listed on Wikidata.1

Timeline

  1. 1964Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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  2. 2