Hurricane Energy said today that production from its Lancaster field had been promising since the delivery of first oil in June. despite flowline constraints.

The Fairphone 3 has been designed to be fully modular and repairable. meaning that if one component fails. the entire device does not need to be replaced.

Iranian Minister of Energy Reza Ardakanian as the head of Iran-Russia joint economic cooperation commission is to depart Tehran for Moscow on Sunday evening.

Acting Head of Trade Promotion Organization of Iran (TPOI) Hamid Zadboum said that Preferential Trade Agreement (PTA) between Islamic Republic of Iran and Eurasian Economic Union (EAEU) will be implemented in Nov. 2019.

A score of Emirati companies are attending Damascus International Trade Fair. months after it reopened its embassy in the Syrian capital.

The latest statistics of the Islamic Republic of Iran Customs Administration (IRICA) showed that Iran’s foreign trade volume in the first five months of the current Iranian calendar year (March 21 – August 21) has reached $35.539 billion.

CEO of the Petrochemical Research and Technology Company (PRTC) says Iranian petrochemical companies are keen on consuming local catalysts for their operations to cut expenses.

An official with the National Iranian Oil Company (NIOC) said that the development project of South Pars Phase 11 would commence this Iranian calendar year (ending on March 20).

More than 82.000 megawatts of electricity have been generated by Iranian power plants in the past five months since March 21 (the start of the local calendar year). which puts the country among the top 9 energy producers in the world.

The trade and tariff overhang is inescapable for oil markets.