The steady increase in Iran’s gas production has provided the domestic petrochemical players with the opportunity to diversify their feedstocks in a bid to tackle the shortages created in the past years.

Iran’s Vice-President for Science and Technology Sorena Sattari said that the COVID-19 diagnostic system, which was unveiled on Sat., is the product of the country's investment in healthcare and knowledge-based companies.

Trade volume exchanged between Islamic Republic of Iran and Eurasian Economic Union (EEU) exceeded $1.4 billion after the implementation of Preferential Trade Agreement (PTA) on Oct. 27, 2019.

Loading and unloading operations of goods at Iranian ports have registered a 55 percent decline since the beginning of the current year [started March 20, 2020] up to the present time due to the spread of coronavirus, also known as COVID-19.

The United Nations Special Rapporteur on the negative impact of the unilateral coercive measures Alena Douhan called for the lifting of all unilateral sanctions that obstruct the humanitarian responses of sanctioned States, in order to enable their health care systems to fight the COVID-19 pandemic and save lives.

The Police Chief of Sistan and Baluchestan province said on Saturday that some 87,000 liters of smuggled fuel were seized in the past week.

During the first 15 days of the new Iranian calendar year which began on March 21, the National Iranian Drilling Company (NIDC) has drilled six oil and gas wells.

President of Vienna Energy Research Group believes the Iranian economy was oil-reliant but the country learnt, under US sanctions, how to scaffold its oil industry and economic structure over the years.

The unprecedented collapse in global oil markets brought another driller to its knees, forcing a champion of what was once the premier U.S. shale field to seek protection from creditors.