Energy Economy

Iran will give further momentum to privatization process with handing over authority over small ports to the private sector. in a bid to boost shipping activities to offset the impacts of US sanctions on trade. according to a senior maritime official.

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that Iran’s foreign currencies market is stable in spite of the United States'. continued maximum pressure campaign.

PureDrive Energy is developing a software aimed at unlocking greater revenue for home batteries by using machine learning to predict household load and generation.

The latter company was the fifth supplier to cease trading this year.

Iran’s current supplies of gas to Iraq are enough to generate around 22 terawatt hours (TWh) of electricity.

The regulator said the trader working for ENGIE Global Markets was engaged in a type of market manipulation called spoofing over a three-month period in 2016.

The Norwegian energy giant has also launched a share buyback of up to $5 billion.

The National Iranian Oil Company (NIOC) is going to sell 2 million barrels of gas condensates on the Iran Energy Exchange (IRENEX) on Wednesday September 11.

CEO of Iran National Steel Industrial Group (INSIG) said that the Iranian group has resumed installation of hydrostatic pipe testing machine with the help of the South Korean Myung Jin Machinery (MJM).

Iraq and Afghanistan are among the most important trade partners of Iran and targeting their markets stands among the priorities of Iran in making its trade decisions. Chairman of Iran Export Confederation Mohammad Lahouti said.