A major Italian transportation group is in negotiation with the Port and Maritime Organization of Iran (PMO) to establish a shipping route between the Southeastern Iranian port of Chabahar and the Northern Italian port of Venice.
Read More »Iraq Prepares For Oil Export Boom
The Oil Ministry expects that the new island and related plans will allow it to almost double its export capacity within three years.
Read More »CBI Governor Underlines Stable Economy despite Harsh US Sanctions
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati stressed that enemies'. plots and US sanctions to create instability in the country'.s economy have all failed.
Read More »Iran. Kazakhstan to Broaden Ties in All Areas
Iranian Agriculture Minister Mahmoud Hojjati and his Kazakh counterpart Saparkhan Omarov signed a comprehensive agreement to boost bilateral ties in areas of banking. tourism. visa issuance. agriculture and medicine.
Read More »Oil Shipping Rates Jump as US Sanctions Hit Crude Trade
The current strength in rates has been triggered by geopolitics.
Read More »Israeli IoT Security Firm Raises $3.6m Investment Led by Energy Firm Innogy
ShieldIOT says its software security platform enables service providers and utilities to secure and mange the security of any IoT device. application or network.
Read More »EIA Projects Strong Asian Growth Drives a 50% Increase in Global Energy Usage by 2050
In its International Energy Outlook 2019 (IEO2019). the U.S. Energy Information Administration projects that world energy consumption will grow by nearly 50% between 2018 and 2050.
Read More »Big Oil CEOs Talk Climate Change. Methane Emissions and the Future of Natural Gas
One of the opening events of Climate Week in New York offered a rare sight -- nine bosses of some of the world’s largest oil and gas companies in one room.
Read More »Around 30 Firms Eying Investment in Iran`s Chabahar
Around thirty companies from home and abroad are competing for investment opportunities in Shahid Beheshti Port in the Southeastern Iranian coastal city of Chabahar. Director General of Sistan and Baluchestan Ports and Maritime Organization Behrouz Aqaye.
Read More »Iran to Award $430 mln Project on Automating Mega Port in Strait of Hormuz
A $430 million deal will be signed and finalized today to allow the construction of the largest automated port terminal in the Persian Gulf and the Sea of Oman for handling mining products and metals. Deputy Head of the Port and Maritime Organization.
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