Iran is in the brink of halting export of gas condensates and is instead going to process the ultra-light oil in its new refineries to produce higher-value chemicals, oil Minister Bijan Namdar Zangeneh said.
Read More »U.S. Sanctions on Venezuela Broken by Arrival of Iran’s Oil Tanker
Abdel Bari Atwan, the editor-in-chief of the Rai al-Youm website, has told Al Mayadeen TV channel that the U.S. President Donald Trump has suffered defeats as Washington’s sanctions on Venezuela have been broken by arrival of Iran’s oil tanker. President Hassan Rouhani’s warning about Tehran’s firm response in case of …
Read More »Oil, Gas Projects under Way despite Sanctions
The United States cannot bring our nation to its knees because of the plans that we will implement in 1399, after two years and a few months of severe sanctions.
Read More »Offshore Section of South Pars Development Complete by 2021
Completion of the South Pars Offshore Section as well as 17 phases of the massive gas field by the end of President Rouhani’s second term in office to 2021.
Read More »Iran Starts Installation of Phase 11 Jacket
Iran’s Petropars Company has officially started operations to install the jacket of South Pars Phase 11 platform in the Persian Gulf.
Read More »Iran Installs Jacket in South Pars in Total’s Absence
The installation of the first jacket of Phase 11 of South Pars Gas Field started in the Persian Gulf at the order of President Hassan Rouhani to drill 12 wells. President Rouhani said in the videoconference to inaugurate the project that the job is being done in coronavirus time and …
Read More »Serbian President Calls for Expanding Economic Relations with Iran
Serbian President received the credential of Iran's new ambassador to Belgrade Rashid Hassanpour on Tuesday and emphasized on promoting cooperation with the Islamic Republic in various fields, especially economy and trade.
Read More »Iran’s Trade Exchanges with Azerbaijan, Turkey Underway Amid Pandemic
Iranian Minister of Roads and Urban Development Mohammad Eslami said that Iran’s trade exchanges with the two neighboring countries of Turkey and Republic of Azerbaijan are underway amid the coronavirus global pandemic.
Read More »Oil Producers Dig into Savings Amid Fiscal Deficits
Today many of the world’s major cities remain under lockdowns while their respective government is implementing work-from-home schemes.
Read More »Iran, Armenia Stress on Cooperation, Sharing Experiences in Fighting Coronavirus
The President of Iran and the Prime Minister of Armenia described the relations between the two countries friendly and developing and stressed the need for officials to work together in the Joint Commission on Cooperation to develop bilateral, regional and international relations between Tehran and Yerevan. In a telephone conversation …
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