The steady increase in Iran’s gas production has provided the domestic petrochemical players with the opportunity to diversify their feedstocks in a bid to tackle the shortages created in the past years.
Read More »Iran Unveils COVID-19 Diagnostic System
Iran’s Vice-President for Science and Technology Sorena Sattari said that the COVID-19 diagnostic system, which was unveiled on Sat., is the product of the country's investment in healthcare and knowledge-based companies.
Read More »Trade Volume Exchange Between Iran, Eurasia Hits Over $1.4bn in Five Months
Trade volume exchanged between Islamic Republic of Iran and Eurasian Economic Union (EEU) exceeded $1.4 billion after the implementation of Preferential Trade Agreement (PTA) on Oct. 27, 2019.
Read More »Goods Loading, Unloading Operations at 55% Decline Amid Coronavirus Outbreak
Loading and unloading operations of goods at Iranian ports have registered a 55 percent decline since the beginning of the current year [started March 20, 2020] up to the present time due to the spread of coronavirus, also known as COVID-19.
Read More »Over 87,000 Smuggled Fuel Seized in SE Iran
The Police Chief of Sistan and Baluchestan province said on Saturday that some 87,000 liters of smuggled fuel were seized in the past week.
Read More »Six Wells Drilled by NIDC in Half a Month
During the first 15 days of the new Iranian calendar year which began on March 21, the National Iranian Drilling Company (NIDC) has drilled six oil and gas wells.
Read More »Intl. Oil Market Cornered by Coronavirus, Iranian Economy Remains Resilient
President of Vienna Energy Research Group believes the Iranian economy was oil-reliant but the country learnt, under US sanctions, how to scaffold its oil industry and economic structure over the years.
Read More »IAEA to Send Two Rapid Coronavirus Testing Devices to Iran
Iran’s ambassador and permanent representative to the International Atomic Energy Agency says the IAEA will soon send two rapid coronavirus diagnostic test devices to Iran. Kazem Gharibabadi said following consultations between the two sides, the International Atomic Energy Agency decided to send two RT-PCRs to Iran. “In addition to these …
Read More »Iran Completes Oil Products Storage Terminal, Names it after Soleimani
The National Iranian oil Refining and Distribution Company has completed a new oil products storage terminal in northwestern Iran, named after slain military commander Qassem Soleimani, the semi-official news agency ILNA reported on Saturday. The terminal, in Orumiyeh, has the capacity to store 118 million litres of oil, gasoline and …
Read More »PKK Claims Responsibility for Iran-Turkey Gas Pipeline Explosion
The Kurdistan Workers’ Party (PKK) has claimed responsibility for the Tuesday blast in the strategic pipeline delivering Iranian natural gas to Turkey.
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