A drilling rig was erected off Lavan Island, the Persian Gulf, another step toward boosting oil output, said an Iranian Offshore Oil Company (IOOC) official Monday. Pouya Ma’arefi, the director of the Resalat oil field development project, said the drilling rig was installed adjacent to the DP-R1 platform. The first …
Read More »Iran-Afghanistan Trade Exchange Rises to $1bn
Officials at the Afghanistan’s Chamber of Commerce and Investment announced that trade and economic relations between the country and the Islamic Republic of Iran have increased. According to the officials of the Afghanistan Chamber of Commerce and Investment, as cited by the local Afghan AVA news agency, the annual trade …
Read More »AEOI Experts Registered 159 Scientific Achievements Past Yr
Iran’s nuclear chief says AEOI experts, with extensive efforts, registered 159 scientific, technological, and industrial achievements in the past year. “9 April is a special day for the Atomic Energy Organization of Iran and we are taking great steps in this regard,” the head of the Atomic Energy Organization of …
Read More »Iran-EU Trade Rises in January
Iran and the European Union’s 27 member states traded €401.17 million worth of goods in January 2023, registering a 5.31% rise compared with the same month of the year before. New data released by Eurostat show Germany was the top trading partner of Iran in the EU region during the …
Read More »Chad Nationalizes all Assets Owned by Exxon Mobil
The nationalization of Exxon Mobil’s assets in Chad comes after the oil giants divested from them in December 2022, media have reported. Chad has nationalized all the assets and rights, including hydrocarbon permits and exploration and production authorizations, that belonged to a subsidiary of Exxon Mobil, the West African nation’s …
Read More »Iranian, Omani Foreign Ministers Discuss Ties by Phone
Iranian Foreign Minister Hossein Amir-Abdollahian on Thursday evening spoke with his Omani counterpart Badr Albusaidi. Amir-Abdollahian congratulated Albusaidi on the beginning of the holy month of Ramadan and highlighted issues of mutual interest in bilateral ties including the need for coordination of the upcoming visit of Oman’s sultan to Tehran. …
Read More »Tehran, Riyadh Share Common Perspectives on Oil Markets
Tehran and Riyadh have exchanged views regarding OPEC and OPEC+ policies to ensure stability in the world oil markets, Iran’s oil minister said. “All decisions concerning global oil markets over the last few months have been made by pooling minds with OPEC’s de facto leader and closer collaborations are on …
Read More »IAEA BoG Backs Chief Grossi for 2nd Term in Post
The UN nuclear watchdog’s 35-nation board of governors on Friday backed the reappointment of Argentina’s Rafael Grossi to a second four-year term as director general, diplomats at the closed-door meeting said. The decision was a formality since there was no challenger, Reuters reported. The International Atomic Energy Agency’s board approved …
Read More »Iran Signs New Oil Contracts, MoUs with Chinese Companies
Iran’s Oil Minister announced that Iran has reached new oil and gas agreements with Chinese companies. Javad Owji made the remarks on the sidelines of the opening ceremony of the 16-inch Torbat-e- Jam transmission line project in the Khorasan Razavi province in the northeast adding that “We have defined various …
Read More »IAEA Chief Meets AEOI Head in Tehran
The Director General of the International Atomic Energy Agency (IAEA) Rafael Grossi met and conferred with the Head of the Atomic Energy Organization of Iran (AEOI) Mohammad Eslami in Tehran on Friday. Grossi arrived in Tehran on Friday evening and was officially welcomed by AEOI Spokesman Behrouz Kamalvandi. The IAEA …
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