Iran unveiled a chain of 30 IR-6 centrifuge machines for uranium enrichment at the Natanz nuclear site.
Read More »OPEC`s Market Share Shrinking for Years as Shale Triumphs
OPEC will remain under pressure from rising U.S. oil output.
Read More »Industry Min. Arrives in Shanghai to Attend China Intl. Import Expo
Heading a high-ranking delegation. Reza Rahmani. Minister of Industry. Mine and Trade left Tehran for China’s Shanghai on Sunday evening to meet and hold talks with Chinese officials.
Read More »Iranian Oil Co. to Spend Rls. 800b on Environmental Projects
Karoon Oil and Gas Production Co. (KOGPC) is planning to spend 800 billion Iranian rials on environmental projects.
Read More »Oil Keeps Positive Tone amid Economic Cheer
Saudi Arabia on Sunday finally kicked off Aramco’s long-delayed IPO.
Read More »Iran. Iraq’s KRG Eye Boosting Economic Coop.
Officials of the Islamic Republic of Iran and Iraq’s Kurdistan Regional Government (KRG) discussed broadening bilateral economic cooperation.
Read More »Iran. Armenia Discuss Gas. Electricity Cooperation
Iran and Armenia have been cooperating for years in gas and electricity swap.
Read More »Iran to Launch Three Satellites in Coming Years
Data gathered from the satellites could also have a major role in avoiding and managing natural disasters.
Read More »Oil Minister Sees more Output Cuts by OPEC at Next Meeting
Iran expects further production cuts to be agreed at the next meeting of OPEC in December.
Read More »Low-Costs and Tech Readiness Needed for Wave Energy to Make a Splash by 2024
The technical readiness and low-cost profiles of wave energy technologies will be key to harnessing power from the oceans in the UK by 2024.
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