Saudi'.s oil production from Khurais is now at more than 1.3 million bpd.

The Director General of Sistan and Baluchestan Ports and Maritime Organization Behrouz Aghaei said on Monday that 29 domestic and foreign companies have voiced readiness to invest in Shahid Beheshti Port of Chabahar.

All developed countries try to provide a safe environment for foreign investors through increasing incentives.

The National Development Fund of Iran had already been impacted by the US sanctions. and the new round of Washington’s bans against Tehran will have no influence on the activities of the entity.

Simec Atlantis Energy remains in a good financial position despite reporting more than £3 million in pre-tax losses for the first half of 2019. according to the boss of the Highland tidal firm.

The firm behind a marine powered buoy tested in the North Sea has announced a £1.5m million contract to supply the technology in Chile.

The cost of offshore wind has continued to tumble as the UK Government revealed the price for power from new schemes had fallen below £40 per megawatt hour of electricity.

Vice President for Science and Technology Sorena Sattari said that some domestically-produced drones are better than their foreign versions.

Renewables have a major part to play in curbing global emissions.

Underlining the vitality of improving exports. Iranian Industry Minister Reza Rahmani announced on Saturday that current production level of petrochemicals in Iran is two times more than the domestic need for such products.