There was currently a supply glut in the global oil market which was caused by the US shale boom.
Read More »Iran Satellite Program on Track
The Defense Ministry carries out its research activities on launching satellites and rockets in accordance with a well-established program.
Read More »Domestic X-Ray System Launched at Bazargan Customs
Iran’s first domestically-produced. drive-through X-ray system was launched at Bazargan Customs in a ceremony attended by Economy Minister Farhad Dejpasand.
Read More »Iran. Armenia Keen on Boosting Banking Ties
Iranian and Armenian officials met in Yerevan to explore the ways to boost bilateral economic ties. including the banking transactions.
Read More »Iran-Japan`s Special Financial Mechanism to Be Defined
Iranian Ambassador to Tokyo Morteza Rahmani Movahed announced on Tuesday that to increase economic ties between Iran and Japan. efforts are made to define a special mechanism to facilitate financial transactions between the two sides.
Read More »3 Days Enough For Returning Oil Production to Pre-Sanctions Era
The Iranian Oil Minister Bijan Namdar-e Zanganeh has said that the country can lift its crude oil production to the level before the US sanctions in less than 3 days.
Read More »Energy Min. Inaugurates 1st 7-MW Solar Power Plant in Zanjan Prov.
On the occasion of the Government Week in the current year (started March 21. 2019). Minister of Energy Reza Ardakanian inaugurated a 7-megawatt solar power plant in Abhar. Zanjan province.
Read More »Iran Petchem Plants Equipped with Waste Management Systems
The sector’s move towards green and low-carbon operations was a strategy in all sectors of the industry.
Read More »NIDC Drills 124 Oil. Gas Wells in a Year
National Iranian Drilling Company (NIDC). a subsidiary of National Iranian Oil Company. has dug 124 oil and gas wells across the country during the past year. a senior official said.
Read More »Trump to Earn Nothing from Sanctions on Iran
Trump will not earn anything from sanctions and he will be forced to give in to the Iranian nation and return to the JCPOA.
Read More »