In this semi-review paper, we discuss some principal aspects that should be taken into account upon quantitative analysis of the interaction with molecular oxygen O2 and the singlet oxygen (1O2 or [Formula: see text] generation by various tetrapyrrolic photosensitizers (including monomers, chemical dimers, triads, pentads and organic-inorganic nanoassemblies). In all cases, the direct experimental measurements of 1O2 emission at [Formula: see text] = 1.27 μ need to be corrected to the solvent influence (refractive indexes, molecular polarizability) on the rate constant of the radiative transition [Formula: see text] in a 1O2 molecule. For porphyrin and chlorin chemical dimers, T1 states quenching by O2 followed by 1O2 generation depends on donor-acceptor interactions between the dimer halves, and extra-ligation effects as well as the spacer flexibility. In the case of self-assembled triads and pentads containing Zn-porphyrin dimers and pyridyl substituted porphyrin free bases (H2P) as extra-ligands, quenching rate constants of H2P T1 states by O2 are smaller compared to those found for individual monomeric H2P molecules which is explained by the spatial screening influence of a strongly quenched Zn-porphyrin dimer in multiporphyrin complexes. Finally, at 293 K for nanoassemblies of two types (semiconductor quantum dots CdSe/ZnS + coordinative linked tetra-pyridyl porphyrins, and semiconductor negatively charged quantum dots AgInS/ZnS + positively charged porphyrin molecules) it was quantitatively shown that non-radiative energy transfer FRET quantum dot [Formula: see text] porphyrin (competing with electron tunneling under conditions of quantum confinement) is only responsible for the singlet oxygen 1O2 generation by nanoassemblies.