Total operating capacity of Iran’s refineries had increased from 1.550.000 to 2.150.000 barrels per day (bpd) in the two-year period ending in May 2019.
Read More »Iran`s Enriched Uranium stockpile to surpass 300 kg from June 27: AEOI spokesman
The spokesman for the Atomic Energy Organization of Iran says the country will surpass the uranium stockpile limit set under the nuclear deal from June 27.
Read More »Iran Auto. Defense Industries Eye Tie-Up to Beat Sanctions
Iran’s auto industry has emerged as one of the frontlines in a raging economic war on the country which is lining up its defense ministry to protect the sector from US sanctions.
Read More »Explosions Hit Two Large Oil Tankers in Sea of Oman
The area is near the Strait of Hormuz. a strategic waterway through which nearly one-third of all oil traded by sea passes.
Read More »Iran Launches New Phase of South Pars Gas Field
The third platform of phase 14 of Iran’s South Pars gas field has been launched in the Persian Gulf waters on Tuesday.
Read More »Iran`s Bank Mellat Sues UK for $1.6 Billion in Damages
UK High Court this month will take up a case brought by Iran’s Bank Mellat against the British government over a 2010 freeze of assets. for which the lender is demanding $1.6 billion in compensation.
Read More »US Treasury Hits Iran’s Petrochemical Industry with Sanctions
The administration of US President Donald Trump has announced new sanctions on Iran. targeting the country’s petrochemical industry. including its largest petrochemical holding group. called Persian Gulf Petrochemical Industries Company (PGPIC).
Read More »Russia`s President Backs JCPOA. Rejects What`s Being Done Against Iran
Russian President Vladimir Putin has once again stressed the importance of preserving the multilateral nuclear agreement signed between Iran and major world powers in 2015. saying Moscow does not approve of what is being done against Iran.
Read More »German FM to Travel to Iran Next Week to Discuss JCPOA
Germany’s Foreign Ministry says the country’s top diplomat Heiko Maas is to travel to Tehran next week to address ways to save the 2015 nuclear agreement between Iran and six world powers.
Read More »Iran not much Concerned about Fresh US Sanctions
Iran plans to boost steel output to 55 million tons a year by 2025.
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