Energy Economy

Iran’s first vice president says new economic programs are required in order to tackle the repercussions of the coronavirus outbreak. Es’haq Jahangiri said Saturday the COVID-19 epidemic affects people’s health and has economic and social consequences. “The most important responsibility of the Ministry of Economic Affairs and Finance is to …

The firms have now fully transitioned to cleaner emission standards set for petrol and diesel vehicles, which cost slightly more to produce.

Drax aims to help the worst-hit communities and strengthen recovery measures.

United Arab Emirates’ energy minister Suhail Al Mazrouei said on Saturday that an OPEC+ decision to cut oil supply will have a major impact on rebalancing the oil market amid the coronavirus outbreak. “The group’s decision to cut supply will be the largest ever cut in the history which will …

The Danish wind turbine manufacturer plans to disclose updated guidance as soon as it deems it is capable of giving new estimates for full-year results.

The United Nations Industrial Development Organization (UNIDO) in cooperation with the government of China will jointly finance a project for medical waste management in Iran during the coronavirus outbreak in the country. The project will cost more than one million euros which will be totally provided by UNIDO and China, …

West Azarbaijan province producers exported some 1.2 tons of goods during the last fiscal year (ended March 19), a senior customs official said.

This value marked an increase of 111.1% over the previous month but a drop of 42.1% when compared with the last 12-month average of $10.2bn.

Governor of Central Bank of Iran (CBI) Abdolnaser Hemmati urged the International Monetary Fund (IMF) for a quick response following Iran’s request for a loan to help fight the COVID-19 pandemic.

Chairman of the Russian Peace Foundation Leonid Slutsky has called on the US, UK and the European Union (EU) to leave policy on unilateral sanctions as the bans have created obstacles to dispatch medical aid to Venezuela and Iran which is fighting the deadly coronavirus. Slutsky made the remarks in …