The 16th meeting of Iran-Russia Joint Economic Committee will be held in Russia during October 29-November 1. Iranian Oil Minister Javad Oji and Russian Deputy Prime Minister Alexander Novak will co-chair the meeting. Under the joint economic committee meeting, 19 working groups have been defined, which include a diverse range …
Read More »Clarifying the Position of the Ministry of Oil for Cooperation with Russian Companies
At the Energy Week conference in Russia, Ahmad Asadzadeh emphasized the need to upgrade infrastructure for the development of interactions in the energy sector in the Eurasian region, and by mentioning some examples in the railway and port infrastructure sector, he pointed out the necessity of developing these sectors. He …
Read More »Astara Crossing Records $239 mn Non-Oil Products Exports
An Iranian economic official with Astara customs said on Monday that more than $239 million worth of non-oil commodities were exported from the Astara crossing in the first six months of the current year (March 21–Sep. 22). Ali Hossein Zolghadri put the volume of exported non-oil commodities at 402,317 tons …
Read More »Iran’s Exports at 24% Growth in Five Months
Iranian Minister of Industry, Mine and Trade put the country’s exports value at 24 percent growth in the first five months of the current Iranian calendar year in 1401 (from March 21 to August 23). Speaking on the sidelines of his visit to the northern province of Mazandaran on Friday, …
Read More »Iran Ready to Attract Russian Capital in Oil, Gas Projects
Iranian Oil Minister announced the readiness of the Iranian administration to attract the capital of Russians in the oil and gas sector. Javad Owji, in a meeting with 100 economic activists of the Russian Federation, which was held on the sidelines of the second Caspian Economic Conference, discussed the existing …
Read More »Iran VP to Attend 2nd Caspian Economic Forum in Moscow
Iran’s First Vice President Mohammad Mokhber will participate in the second edition of the Caspian Economic Forum in Moscow. Mokhber is visiting Moscow at the invitation of Russian Prime Minister Mikhail Mishustin. Several Iranian ministers and executive officials will accompany Mokhber on his trip. The delegation will seek solutions to …
Read More »OPEC+ to Hold Oct. 5 Meeting in Person in Vienna
OPEC+ will hold its meeting on Oct. 5 in person in Vienna, an OPEC source told Reuters on Saturday. A virtual option will also be available for some delegations due to the short notice if they are unable to. OPEC+, which combines OPEC countries with allies such as Russia, is …
Read More »Cyberattacks are a Major Risk for the World’s Largest Oil Company
Cyberattacks are among the greatest risks Saudi Aramco faces these days, Amin Nasser, president and chief executive officer at the world’s biggest oil firm, said on Tuesday. “Cyberattacks are one of the top risks we face at Aramco – on a par with natural disasters or physical attacks,” Nasser told …
Read More »Iran, Nigeria to Develop Energy Cooperation
Pointing to the signing of a memorandum of understanding (MoU) between Iran an Nigeria on cooperation in variou fields including exports of technical and engineering services and petrochemical products (Urea), Iranian Oil Minister said, “The two countries have great capacities that can use them to expand bilateral relations in the …
Read More »Iran Sends Technical Team to Help in Cuba Oil Tank Fire
In line with the goals of activating energy diplomacy by the Iranian Ministry of Petroleum, after a massive fire occurred in oil facilities in Cuba by lightning, a group of Iranian experts was sent to help the country. After lightning struck a large crude oil storage facility in the city …
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