Riyadh will keep the oil output level at under 10 million barrels per day by the end of winter.
Read More »Iran. Oman to launch joint auto plant
Iran and Oman have agreed to conduct joint venture in Chabahar Free Trade Zone.
Read More »President Test Domestic Electric Car
The Yooz quadricycle was designed and developed by engineers at Parax Company.
Read More »Options Available If Trump Scraps Nuclear Pact
The JCPOA is not a mutual agreement [but] is a multilateral agreement.
Read More »OPEC. Non-OPEC Producers Meet to Discuss Compliance with Oil Cut Deal
Kuwait chairs the five-member committee which also includes Algeria. Venezuela. Russia and Oman.
Read More »Trump’s Pledge to Break from OPEC Echoes Old Refrain
Trump’s goal may not be completely unobtainable as US oil production has been on the rise and signs point toward possible energy independence.
Read More »Iran-Iraq Gas Pipeline Goes into Operation
The deal involves Iranian supplies between 20-25 million cubic meters of gas to Iraq.
Read More »Tehran. Muscat Launch Auto Manufacturing Plant
Iran and Oman are expected to invest in Chabahar Free Trade Zone on joint venture.
Read More »Star Refinery to Boost Euro-4 Gasoline Supply
The refinery’s products are expected to be sold domestically due to high quality and other refineries’ output will be exported.
Read More »Iran`s Electricity Export to Pakistan to Rise
Iran'.s electricity industry ranks 14th in the world in terms of output and 19th in terms of consumption.
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