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Iran says ready for new investment in its oil sector
Mar 20, 2023 07:13The Iranian Oil Ministry has issued a statement saying that it would welcome any offer for foreign investment in its oil and gas projects.
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Iran’s largest refinery restoring output to pre-war years
Mar 16, 2023 17:43Iran is to launch a new expansion phase in its flagship refinery in Abadan to restore output in the facility to levels seen before the Iran-Iraq war.
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Iran’s Energy Exchange reports record sale of LPG shipments
Mar 15, 2023 06:49Iran Energy Exchange (IRENEX) has reported a yearly record sale for three shipment of liquefied petroleum gas (LPG) amid reports suggesting Iran’s hard currency revenues from LPG exports have increased significantly in recent months.
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Iran unveils plan to issue $6bn worth of oil bonds
Mar 13, 2023 06:29Iran’s Oil Ministry has unveiled a plan to issue some $6 billion worth of oil bonds in a first such move in the history of the country which would allow supply of oil to domestic customers.
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Iran’s oil exports to increase in coming months: Minister
Mar 06, 2023 12:25Iranian Oil Minister Javad Owji says crude oil exports from the country will further increase in the upcoming months despite the growing pressure of the US sanctions on the Iranian energy sector.
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US military tankers smuggle crude oil from Syria's Hasakah to bases in Iraq
Mar 04, 2023 17:49The US military has reportedly used dozens of tanker trucks to smuggle crude oil from Syria’s northeastern province of Hasakah to bases in neighboring Iraq, as Washington continues to ferociously loot energy resources in the war-torn country.
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US mentions oil stolen from Iran in its imports data
Mar 02, 2023 05:48The US Energy Department has mentioned illegally confiscated oil shipments from Iran in its 2022 imports data.
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Russia’s Gazprom chief in Tehran for high-level energy talks
Mar 01, 2023 06:25CEO of Russia’s state energy company Gazprom Alexey Miller has arrived in the Iranian capital Tehran to hold high-level talks on joint projects between the two countries.
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Iran raises its oil prices for Asia amid China optimism
Feb 21, 2023 13:43Iran has raised the official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers, a report says.
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Iran reports major surge in petchem, oil products exports
Feb 15, 2023 07:07Iran has reported major increases in exports of certain petrochemicals and oil products in the calendar year that started in late March 2022.