The demonstration of the oil sector’s vulnerability hasn’t come at a good time for the Saudis.
Read More »Iran`s Petchem Industry Needs $40bn for Significant Growth
Total feedstock volume of petrochemical units in the country stands at 650.000 barrels of oil.
Read More »Scottish Local Authorities Granted £450.000 for Energy Efficiency
The grant is available to nine councils that have not yet piloted Local Heat and Energy Efficiency Strategies (LHEES).
Read More »EU’s $15bn Credit Line Has Nothing Do to with Sanctions Relief
Iranian oil minister Bijan Zanganeh said Sat. the France-proposed $15 billion credit line for Iran has nothing to do with the easing of US sanctions on the country.
Read More »Iran Supplying 40% of Iraq’s Need for Electricity
Secretary General of Iran-Iraq Joint Chamber of Commerce informed on Saturday that presently Iran supplies 40 percent of Iraqi’s need for electricity.
Read More »Iran Rejects Pompeo’s ‘Lies’ about Yemeni Drone Raids on Saudi Oil Sites
US &. its clients are stuck in Yemen because of illusion that weapon superiority will lead to military victory.
Read More »Iran Poised to Further Indigenize Industrial Needs
Iran’s Minister of Industry Reza Rahmani announced that his country is planning to lower the imports of machinery and equipment used in major production lines. in a bid to further indigenize manufacturing capabilities in the face of the US sanctions.
Read More »Iran Raps Europe for Not Delivering on Economic Promises
Iranian Interior Minister Abdolreza Rahmani Fazli criticized the European countries for not following through with their economic commitments to Tehran.
Read More »Iran Ready to Take a Step Toward 5G Technology
Iran is planning to run a limited test on the 5G networks next year in a bid to be ready to roll out the next evolution of wireless 4G LTE as it hits the mainstream in 2022 across the world.
Read More »Non-Oil Exports Up by 6%
The Plan and Budget Organization of Iran (PBO) announced that the country’s non-oil exports. including petrochemicals and condensates. exceeded $44 billion in the year ending March 2019. posting a 5.9% rise in comparison with figures from 2013.
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