Tag Archives: Trade

In May 2017. Iran and Russia reached an agreement to begin oil supplies under the oil-for-goods program established back in 2014.

China’s Finance Ministry even pledged to exempt nonresidents investing into the contract from taxes for up to three years.

The waivers could result in savings of $50 million or more in regulatory costs for the company'.s 2016 obligations under the biofuels law.

The United States now produces more crude than top exporter Saudi Arabia.

India and Iran have settled the main issue on the development of Farzad B Gas Field.

Brazil is interest in expanding relations with Iran and developing cooperation on advanced technologies.

IEF is the biggest energy gathering being held biennially. and Iran is its active member.

Iran'.s National Iranian Oil Co. is expected to release its OSPs for May-loading crude later this week.

Rising U.S. production and exports comes at a time when other oil producers are ramping up their own activity.

The 13th Plan confirms the increasing role of gas in the electricity generation mix as outlined in the 8th Electricity Plan.