Energy Economy

Iranian government Spokesman Ali Rabiyee informed of allocating a several-billion-euro package, adding that the aid will be granted to the vulnerable families and private sector who have lost their job due to coronavirus pandemic (COVID-19).

A sum of 774,000 tons non-oil products worth $410mln were exported during the last Iranian year (ended March 20) from Northern Gilan Province, Managing Director of Astara Customs said.

US oil giant said it would continue to execute plans to reduce operating costs by more than $1bn by the end of the year.

Canadian heavy crude has become so cheap that the cost of shipping it to refineries exceeds the value of the oil itself, a situation that may result in even more oil-sands producers shutting operations.

Managing Director of Astara Customs said on Saturday that 774,000 tons non-oil products worth $410m were exported during the last Iranian calendar year (finished on March 20). Rasoul Omidi said most the products included agricultural, chemical mineral, steel, food, plastic products, cement, cast, detergent, textile, artifacts, carpet, cloth, bag and …

Iranian President Hassan Rouhani said that 20 percent of the country's annual budget is dedicated to combating coronavirus, also known as COVID-19.

The US State Department shot down reports Trump administration will grant waivers to aid Iran’s coronavirus relief effort. The US State Department shot down “inaccurate” reports claiming the Trump administration would soon be granting special sanctions exceptions to give Iran access to cash assets as it struggles to fight the …

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati announced on Wednesday that a part of the country’s frozen assets will possibly be released in the near future to help the country in controlling the coronavirus pandemic.

Iranian President Hassan Rouhani penned a letter to the Leader of the Islamic Revolution for withdrawing $1 billion from the National Development Fund of Iran (NDFI) to combat coronavirus, also known as COVID-19.

The clean energy company, which operates in 45 states, says will support the most vulnerable members of our communities.