Tag Archives: Iran

Iran successfully installed a giant oil drilling platform at an offshore field South of the country despite reports suggesting the country is having problems keeping its oil rigs active because of the US sanctions on the oil industry.

224,331 tons of copper cathode was produced in 11 months of the current Iranian calendar year (from March 21, 2019 to Feb. 19, 2020), showing an unchanged volume as compared to the last year’s corresponding period.

Head of the Coronavirus Control Operations HQ in Tehran said Saturday that the Iranian capital is getting ready for the next phase of battling the deadly virus this week. Alireza Zali, Head of the Coronavirus Control Operations HQ in Tehran, said the capital is about to enter the next phase …

The storage capacity of Iran’s Offshore Oil Company, which is located on Siri Island of Hormuzgan province, in southern Iran will increase by 1 million barrels, said Ebrahim Alipour, Executor of the Iranian Offshore Oil Company’s overhaul project on the Siri Island, Trend reports citing the company’s website. According to …

A new report shows that Iran’s exports of steel skyrocketed by nearly 68 percent in the single month ending February 19, while 11-month records show that the outbound trade of the commodity rose by 28 percent in comparison with the corresponding period in last year. A new report said on …

The Central Bank of Iran (CBI) announced that it will be extending the grace period for the repayment of loans for 3 months to the businesses affected by the coronavirus epidemic.

Iran is expecting significant surge in its aluminum production, as national prospective plans are directing towards an increase by more than 60 percent in the upcoming local calendar year (March 21, 2020-March 20, 2021).

Iranian Vice-President for Economic Affairs Mohammad Nahavandian underlined the government’s measures to deal with emergencies and economic consequences of coronavirus epidemic.

President of the Chamber of Commerce and Industry of the Russian Federation Sergey Katyrin in a meeting with Iranian Ambassador to Moscow Kazzem Jalali stressed the need for doubled efforts to strengthen economic relations between the two countries amid the coronavirus outbreak.

Governor of the Central Bank of Iran Abdolnasser Hemmati said that the country has had a growth in the economic field in the last 3 months of 2019.