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Iran's President Names Owji New Oil Minister as US Sanctions Bite

2021-08-11 17:30:00| OGI

Iran sits on the world's fourth-largest oil reserves and relies heavily on oil revenues.

Tags: names president oil minister

 

Irans Petropars to Develop Farzad B Gas Field, Oil Minister Says

2021-05-17 15:09:22| OGI

Under the deal, the subsidiary of state-run National Iranian Oil Co. (NIOC) will produce 1 billion cubic feet of gas per day (Bcf/d) within five years from the field.

Tags: field says develop gas

 
 

Irans Oil Exports Jump in September Defying US Sanctions

2020-09-25 18:15:00| OGI

Exports have shrunk from over 2.5 million bbl/d since the U.S. withdrew from a nuclear deal with Iran and reimposed sanctions in 2018. Still, Iran has been working to get around the measures and keep exports flowing.

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US Blacklists Companies for Helping Facilitate Iran's Exports of Petroleum, Petrochemicals

2020-09-03 20:00:00| OGI

The State Department also imposed sanctions on five companies for engaging in transactions related to Irans petroleum and petrochemical industry, as well as on three executive officers of the blacklisted companies.

Tags: companies helping facilitate petroleum

 

Oil Prices Jump Almost $3 After US Kills Irans Soleimani

2020-01-03 11:25:00| OGI

Oil prices jumped nearly $3 on Jan. 3 after a U.S. air strike in Baghdad killed the head of Iran's elite Quds Force.

Tags: jump prices oil kills

 

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