Tag Archives: Minister

Turkey has sent two drilling ships. Fatih and Yavuz. as well as an exploration vessel. to operate in waters off the divided island of Cyprus.

In February. Adnoc announced that it is building the world’s largest single underground project for oil storage.

Iranian Oil Minister Bijan Zanganeh issued a decree appointing Mohammad Taeb as the director-general of OPEC Affairs at the Iranian Oil Ministry.

The spokesman for the Atomic Energy Organization of Iran (AEOI) Behrooz Kamalvandi says with EU’s lack of practical measures. Iran will take the third step to reduce commitments under the nuclear deal within almost a month.

Minister of Industry. Mine and Trade Reza Rahmani voiced Iran’s readiness to give special incentives for participation of foreign investors in the country’s various industries and mining sector.

In the mining sector alone. there is a capacity of over 50 billion tons of minerals in Iran ready to be extracted.

Iran has provided much assistance to Tajikistan in this regard. including the Tajikistan Independence Tunnel Project.

Crude oil futures were lower as global economic outlook dimmed over an escalation in US-China trade tensions.

The latest round of US tariffs on China could push Beijing to buy Iranian oil as a retaliationf. Bank Of America Merill Lynch announced.

All the five littoral states have been trying to reach a solution on the issue.