Iran has massive plans to use flared gas burnt or vented in oil and gas facilities across the country. says an energy ministry official.
Read More »Iran Govt. Approves to Drop Four Zeros. Revert to Toman
The Iranian government has approved to revalue its rial tenfold and revert to the currency’s old name. the toman. the Fars news agency reported.
Read More »Iran will Reduce Nuclear Deal Commitments more unless Europe Protects It
Iran has said it will reduce its commitment to the nuclear accord in stages and may even withdrew from the pact.
Read More »Iran. Iraq Strengthen Financial Ties
Iran and Iraq are bound together by centuries of economic. religious and political ties.
Read More »Stranded Iranian Vessel Heading Back Home from Brazil. 2nd Ship to Follow
Brasilia and Tehran have long enjoyed a good history of political and economic relations.
Read More »Iran`s Tanker Seizure Arguments more Convincing than UK`s
Iran’s arguments are much more right than those of Gibraltar and London who are indulging in piracy.
Read More »Environment Damage Inflicts Billions in Losses on Iran’s Economy
A study carried out by the Iranian parliament alleges that the Iranian economy suffers billions in losses each year over the damage inflicted on the environment.
Read More »Iran Exit Badly Hits Vehicle Sales of PSA. Renault
French car makers Renault and Peugeot have posted a slump in first-half vehicle sales. mainly because of their withdrawal from Iran under threat of US sanctions.
Read More »Iran Fuel Stocks at Optimal Level Despite US Sanctions
A senior official from Iran’s Ministry of Oil says the country is currently holding abundant stocks of fuel despite US sanction that have affected the oil industry.
Read More »Iranian Ports Flourishing with Massive Private Sector Investment
Iran’s ports south and north of the country are drawing an unprecedented amount of investment from the private sector as authorities eye a jump in onshore manufacturing activities.
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