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Iran to restore crude output to pre-sanctions level within a month: NIOC official
Jun 10, 2021 04:22A senior official in the National Iranian Oil Company (NIOC) says Iran will be able to immediately restore its crude oil production to levels seen before US sanctions hit the country in 2018.
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Fire at Tehran oil refinery almost extinguished, no casualties: CEO
Jun 04, 2021 06:12A huge blaze at the Shaheed Tondguyan Oil Refinery located to the south of the Iranian capital Tehran is almost extinguished after more than 24 hours of battling the fire, says the top government official in the facility.
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Refiners in Europe, India preparing to buy Iranian oil: Report
May 20, 2021 05:29At least one refiner in Europe and four in India are making preparations to resume oil imports from Iran in case the country reaches an agreement with world powers to revive a 2015 international nuclear agreement, according to a Wednesday report by Reuters news agency.
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Iran marks milestone by sending oil to terminal on Sea of Oman
May 19, 2021 13:27Iran has started sending oil to a new terminal on the Sea of Oman through a pipeline that bypasses the Strait of Hormuz, Chief Executive of the National Iranian Oil Company Mehdi Karbasian says.
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Iran crude output up by 13.4% in April: OPEC data
May 14, 2021 04:23Iran increased its crude output by 13.4% in April compared to March, shows figures by the Organization of Petroleum Exporting countries (OPEC), as the country moves ahead with plans to offset losses suffered to production during more than three years of American sanctions targeting its oil sales.
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Biden signs executive order to bolster US cybersecurity after critical pipeline hacking
May 13, 2021 14:12US President Joe Biden has signed an executive order to improve cybersecurity in the wake of a major pipeline cyberattck, which has caused severe gas shortage and panic buying on the US East Coast.
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F.B.I. identifies group behind pipeline hack
May 12, 2021 16:28US President Joe Biden said on Monday (May 10) that the United States would “disrupt and prosecute” a criminal gang of hackers called DarkSide, which the F.B.I. formally blamed for a huge ransomware attack that has disrupted the flow of nearly half of the gasoline and jet fuel supplies to the East Coast.
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US Southeast to see fuel price hikes after pipeline shutdown: Experts
May 10, 2021 12:10The southeastern United States will be the first to experience price hikes at the pumps because of the supply disruption following a cyberattack that shut the largest US gasoline pipeline, experts warned on Sunday.
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Two workers injured in fire at Kuwait’s largest oil field
May 10, 2021 11:40A “limited fire” has erupted at Kuwait’s Greater Burgan Oil Field, injuring two workers but not affecting oil production at the Arab country’s largest oil field, Kuwaiti state news agency KUNA reported.
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Iran to start drilling for crude in northern Moghan region
May 10, 2021 05:44The National Iranian Oil Company (NIOC) is dispatching one of its main drilling rigs to a northern region as it prepares to finally pump crude from oilfields located near the border with the Republic of Azerbaijan.