China is the world’s largest and fastest developing EV market. with around 50% of the world’s battery powered EVs.

The closing date for applications will be Sept. 5. the 35-nation Board of Governors decided in its meeting on Thursday.

Energy majors’ second-quarter results have been hit by lower oil and gas prices versus the same period a year ago.

The joint exercises would take place in the next few months.

The National Iranian Gas Company (NIGC) said that the gas case between NIGC and Türkmengaz Company was still being considered in the International Court of Arbitration.

The CEO of the Petrochemical Special Economic Zone Organization (PETZONE) said that appraisal studies were being carried out for construction of 12 downstream petrochemical projects in the PETZONE.

The National Iranian Drilling Company (NIDC) has successfully spudded 41 oil and gas wells since March.

High-ranking Iranian and Australian officials in a meeting in Tehran on Tuesday conferred on ways to further develop banking ties and cooperation between the two countries despite the US sanctions.

Iran has won the first phase of the legal proceeding at the International Court of Arbitration (ICA) over the quality and price of gas it received from Turkmenistan in 2007. an informed source said.

Head of Iran’s National Petrochemical Company Behzad Mohammadi announced that his country will increase its propylene output by three times after the opening of 7 new projects.