Iranian Oil Minister Bijan Namdar Zangeneh described the US decision to impose sanctions on Foreign Minister Mohammad Javad Zarif as childish behavior. and said that he is not worried if Washington adopted the same move against him.
Read More »Iran. Turkey Discuss Ways to Promote Bilateral Trade
Iran is ready for increasing the volume of bilateral trade with Turkey.
Read More »UK Energy Prepayment Price Cap Should be Extended Beyond 2020
A revised methodology to calculate the cap means customers would pay an extra £1 a week on average.
Read More »Iran to Triple Propylene Production
Head of Iran’s National Petrochemical Company Behzad Mohammadi announced that his country will increase its propylene output by three times after the opening of 7 new projects.
Read More »OPEC Oil Output Hits Lowest since 2011
The biggest supply drop came from Saudi Arabia. which has cut supply even further below its OPEC target in a bid to reduce oil inventories.
Read More »Ex-German Envoy to Iran Appointed as INSTEX Chief
Erbel is to officially take office on August 1. 2019.
Read More »TOTO Energy Acquires Bulk of Solarplicity’s Customers
Around 44.000 customers are being transferred to the Brighton-based energy supplier.
Read More »Iran-Brazil Trade Unaffected by US Sanctions
Iranian ships export petrochemical products to Brazil and return with the South American country’s agricultural products onboard. an Iranian official said.
Read More »Russia Competes with Saudi Arabia for Asia`s Oil Market Share
For Russia. the ongoing OPEC+ production cap deal allows it a lot more flexibility that it allows Saudi Arabia.
Read More »Iran Looking at more Cuts to JCPOA Commitments by Sep
The European special purpose vehicle INSTEX aiming at facilitating trade between the European Union and Iran is operating in the pilot mode.
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