Iran is counting on a rise of 15-20% in non-oil exports in its new year, which begins on March 21, Industry, Mines and Trade Minister Mohammad Reza Nematzadeh says. Non-oil exports rose 24% in the 10 months to January...
Iran is set to produce oil from the South Pars mega field within the next couple of years, say officials. The head of National Iranian Oil Company (NIOC), Rokneddin Javadi told IRNA on Wednesday that the country has a...
Oil rebounded on Tuesday as Israeli Prime Minister Benjamin Netanyahu warned the Obama administration against accepting a weak nuclear deal with Iran, while rival Libyan forces targeted oil terminals in the African na...
An Iranian oil official said on Tuesday that Iran plans to undertake more deep-water exploration projects to increase the country’s drilling capacity as well as balance the steady slump in oil prices. Speaking d...
An Iranian official has announced the country’s plan to export natural gas to Iraq within months. The head of the National Iranian Gas Export Company (NIGEC) Alireza Kameli told IRNA on Monday that Iran’s gas flow to ...
Iran achieves self-sufficiency in the construction of Persian Gulf gas installations, says official. Head of Iranian Offshore Engineering and Construction company (IOEC) Gholamreza Manouchehri said Monday that Iran ha...
The new round of talks between Iran and Italian Maire Tecnimont on building one of the ME’s biggest petrochemical parks in Asaluyeh was launched today. With the visit of Pierroberto Folgiero, CEO of Maire Tecnimont to...
Iran Khodro Industrial Group said it has planned on maximizing the production of fuel efficient engines and diversifying its fuel portfolio with the purpose of environmental preservation. “Producing fuel efficie...
Iran has signed a memorandum of understanding with Iraq’s Kurdistan to export gas and gasoline to the semi-autonomous region. An Iranian delegation headed by Iran-Iraq Economic Development Committee Chairman Rostam Gh...
Iran’s nuclear chief Ali-Akbar Salehi has announced that the country is looking into the development of small reactors. Salehi has been quoted by Iran’s local media as saying that this is a new strategy that could dec...