Iranian Majlis Speaker Ali Larijani and Mustafa Sentop, the Turkish parliament speaker, held a phone conversation on Wednesday discussing cooperation and joint actions in containing the coronavirus. Sentop also wished recovery for Larijani who has tested positive for coronavirus. The public relations department of the Majlis issued a statement on …
Read More »Annual Non-Oil Trade at $85b
The value of Iran’s non-oil trade stood at $85 billion in the past Iranian calendar year of 1398 (ended on March 19, 2020), the head of Islamic Republic of Iran Customs Administration (IRICA) announced. Mehdi Mir-Ashrafi put the weight of the country’s annual non-oil trade at 170 million tons and …
Read More »Iran Unveils Domestically-Made Drilling Rig
The rig’s maximum drilling depth is reported to be 20.000 feet. and the structure is able to tolerate a maximum static load of one million pounds.
Read More »Capital Market Able to Meet 50% of Oil Industry’s Investment Needs
Investment risks should be offset by increased interest rates and returns.
Read More »Iran’s Salehi in Vienna to Attend Nuclear Security Conference
The ICONS meeting has been held every two years.
Read More »Iran will Take Next Nuclear Step if Borrell Visit Proves Unfruitful
On January 5. Iran announced that it is taking the last and final step to stop its commitments to the JCPOA.
Read More »South Pars Condensate Storage Capacity Hits 3.5m Barrels
Last year. four of the eight tanks in the project were put into operation.
Read More »Non-Oil Trade at over $72b in 10 Months
The value of Iran’s non-oil exports stood at $44.3 billion in the previous Iranian calendar year.
Read More »NIDC Digs 96 Oil. Gas Wells in 10 Months
The drilled wells consisted of two exploration wells and 35 development appraisal wells as well as 59 workover ones.
Read More »Iran’s Daily Gas Consumption Hits New Record High
Gas is supplied to 97 percent of people in the urban areas and 82 percent of people in the rural regions.
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