Brazil’s oil reserves are bigger than those of several OPEC members.

Iran will put into operation 10 new dams by March. according to a new report. in a bid to further tap into increased precipitation in the country where there are already 172 dams.

The attracting crime of fuel smuggling out of Iran is being seriously fought. adding that his forces have confiscated nearly 7.8 million liters of smuggled fuel since the start of the local calendar year on March 21.

Tehran and Beijing signed a memorandum of understanding (MoU) to further increase and strengthen joint research projects run by Iranian and Chinese agricultural academic centers and research institutes.

The new system is expected to work as a gateway model when messages on payments are transcoded in accordance with a certain financial system.

Statera Energy has signed an agreement with MAN Energy Solutions for the supply of ultra-efficient natural gas reciprocating engines.

Benefitted from the most experienced and expert engineers. IOOC managed to repair the leakage in a 24-inch sea pipeline in Abouzar Oilfield. located at between 49 and 51 meters of sea depth without creating any pollution.

Iranian experts have produced a micro gas turbine with the capability of simultaneous production of electricity and heat which has attracted customers from Europe.

Work on a massive project has been accomplished and it is ready for the opening ceremony. the CEO of a major Iranian contractor company said.

The global banking and markets and commercial banking units may bear the brunt of the reductions. which are due to start in November.