The CEO of the National Iranian South Oil Company (NISOC) said the company was prepared to bring its oil production to maximum in the shortest time possible.
Read More »No Restriction Facing Iran-Russia Trade
Deputy Prime Minister of Russia’s Republic of Bashkortostan (known as Bashkiria) Andrey Nazarov said that there is no restriction facing the expansion of business transactions between Islamic Republic of Iran and Russia.
Read More »Iran. Saudi Arabia Oil Ministers Meet in Moscow
The oil ministers of Iran and Saudi Arabian have met with each other in Moscow. according to Iranian minister Bijan Zanganeh.
Read More »Iran. KRG Discuss Ways to Strengthen Economic Ties in an Event in Erbil
A conference was held in Iraqi Kurdistan capital of Erbil on Sunday with the participation of Iran'.s ambassador to Baghdad and those active in the economic sector of Iran and the KRG.
Read More »Export of Oil is Iran`s Legitimate Right. Says Oil Min.
Iran Oil Minister Bijan Zangeneh told Sputnik that export of oil is Iran'.s legitimate right and for doing that the country would employ any methods and would not give up in the face of US sanctions.
Read More »NIOC to Offer 2mb of Light Crude at IRENEX on Oct. 8
The National Iranian Oil Company (NIOC) has planned to offer 2 million barrels of light crude oil on the international floor of the Iran Energy Exchange (IRENEX) on October 8 at $61.1 per barrel.
Read More »Iran’s National Currency Strengthening Despite US Sanctions
Governor of the Central Bank of Iran announced that his country’s national currency the rial has regained over 40 percent of its value. to Washington’s disappointment as the US is trying to damage Tehran’s economy with unilateral sanctions.
Read More »Iran’s Flag Carrier Announces Yearly Operating Profit
Iran’s Deputy Transportation Minister Shahram Adamnejad announced that the country’s largest airline IranAir has posted an operating profit for the last local calendar year ending on March 20. 2019.
Read More »Iran Poised to Further Decrease Imports
Iranian Minister of Industry. Mine and Trade Reza Rahmani said that his country is planning to further decline the volume of imports by 2021. in a move to increase national economy’s resistance to US-posed pressures.
Read More »Iran Puts Chinese Firm Aside from Project to Develop Phase 11 of South Pars
Iran has ended cooperation with the Chinese CNPC company after lagging in completion of the development of the phase 11 of South Pars oil and gas field. Oil Minister Bijan Namdar Zanganeh announced.
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