ECONOMY Feed Atom

Iran ready to export technical engineering services to regional countries

2 years ago

22 June 2024

6:04 AM

On the sidelines of the Shanghai Cooperation Organization (SCO) meeting in Kazakhstan, Iranian Energy Minister Ali Akbar Mehrabian voiced the readiness of the Islamic Republic of Iran to export technical and engineering services, as well as supply equipment in the energy sector.

Iran-China trade stands at about $6b in five months

2 years ago

22 June 2024

6:02 AM

China’s Customs Office put the trade exchanges between Iran and China in the first five months of the current year (January to May 2024) at about $6.0 billion.

Iran Registers Highest Rate of Growth in The Region

2 years ago

20 June 2024

8:18 AM

Head of Central Bank of Iran (CBI), Mohammad Farzin, says that Iran has registered the highest rate of economic growth in the region.

INCREASING OIL AND GAS PRODUCTION AMONG TOP PRIORITY, SAYS INDIA’S PETROLEUM MINISTER

2 years ago

19 June 2024

4:08 AM

The India government aims to boost oil and gas output, ethanol use, and green hydrogen, with profitable state-run oil firms like BPCL not being sold off. Petroleum and natural gas minister Hardeep Singh Puri emphasized these steps as a continuation of previous efforts.

Canada oil and gas emissions cap likely to curtail production, report says

2 years ago

19 June 2024

3:47 AM

Canada's proposed oil and gas emissions cap will prompt companies to cut production rather than invest in costly carbon capture and storage technology, according to a report by consultancy Deloitte and released by the Alberta government.

EU extends sanctions against Russia for another year

2 years ago

18 June 2024

6:27 AM

The Council of the European Union adopted a decision on 17 June to extend the sanctions imposed by the EU in response to the annexation of Crimea and the city of Sevastopol by the Russian Federation until 23 June next year.

Iran reports 5.7% economic growth for year to March 2024

2 years ago

15 June 2024

7:36 AM

Iran’s economy grew by 5.7 percent in the fiscal year ending in late March 2024, marking the highest growth since 2017, according to the Statistical Center of Iran (SCI).

Iran-Russia Trade Up By 48 Percent, Novak

2 years ago

15 June 2024

7:24 AM

The volume of bilateral trade between Iran and Russia increased by 48 percent during the first quarter of 2024 when compared with corresponding period last year.

Owji And Novak Stress on Consolidating Iran-Russia Relations

2 years ago

15 June 2024

7:19 AM

Iranian Minister of Petroleum Javad Owji who is visiting Moscow has said that the two countries will continue expanding bilateral relations.

China, Iran work together to increase value of BRICS

2 years ago

14 June 2024

8:10 AM

Iran joins BRICS mechanism for first year, enriching China-Iran strategic partnership. BRICS Foreign Ministers' Meeting in Nizhny Novgorod, Russia, highlights cooperation.

No major projects in India to turnaround faltering oil production: IEA

2 years ago

13 June 2024

10:12 AM

Indian output will get a small uplift in 2024 as the 50,000 bpd offshore K-G Basin Cluster-2 project ramps up and the onshore Rajasthan Basin posts a modest increase, says IEA.

Saudi Aramco shares trade higher after share offering

2 years ago

9 June 2024

9:28 AM

Saudi Aramco's shares gained on Sunday, the first trading day after a secondary share offering expected to raise at least $11.2 billion.

Russia to export coal to India through Iran

2 years ago

9 June 2024

9:24 AM

Russia plans to transit coal to India via the International North-South Transit Corridor (INSTC) passing through Iran, IRNA reported.

Iran-U.S. trade rises 72% in 4 months

2 years ago

8 June 2024

3:26 AM

The official data of the United States show that the country’s trade with the Islamic Republic of Iran has increased by 72 percent in the first four months of this year.

Iran’s economy to grow 3.2% in 2024: WB

2 years ago

8 June 2024

3:24 AM

The World Bank (WB), in its latest report, predicted that Iran’s economy will grow 3.2 percent in 2024 and the inflation rate will decrease to 35 percent.

India to earmark $1b for development of Iran’s Chabahar

2 years ago

6 June 2024

9:52 AM

Iran’s deputy minister of roads said India has agreed to allocate $1 billion to the project on the development of Iran’s southeastern Chabahar Port.

Oil Sector the Driving Force of Economic Growth, PBO

2 years ago

2 June 2024

3:12 AM

Iranian Planning and Budget Organization head Davood Manzour reports satisfactory economic performance in the past three years, with a higher oil sector growth rate.

Iran-Brazil Joint Economic Commission to be held soon

2 years ago

1 June 2024

3:22 AM

Officials from Iran and Brazil emphasized launching the joint economic cooperation meeting between the two countries in the near future to spur bilateral trade and economic activities.

Asian petrochemical industry leaders seek ways to overcome perfect storm

2 years ago

31 May 2024

11:14 AM

The heads of petrochemical industry associations from seven Asian countries called for an international cooperation, Friday, to overcome the challenging business environment of recent years.

Hard to port: India defies Washington’s pressure to deal with Iran

2 years ago

31 May 2024

11:09 AM

Political instability following President Raisi's death introduces uncertainty, yet there are strong indications that the Chabahar Port deal will continue to be a priority for Delhi and Tehran despite scrutiny from the West.

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Latest News of Oil, Gas and Petrochemical industry

ECONOMY Feed Atom

Iran ready to export technical engineering services to regional countries

Iran-China trade stands at about $6b in five months

Iran Registers Highest Rate of Growth in The Region

INCREASING OIL AND GAS PRODUCTION AMONG TOP PRIORITY, SAYS INDIA’S PETROLEUM MINISTER

Canada oil and gas emissions cap likely to curtail production, report says

EU extends sanctions against Russia for another year

Iran reports 5.7% economic growth for year to March 2024

Iran-Russia Trade Up By 48 Percent, Novak

Owji And Novak Stress on Consolidating Iran-Russia Relations

China, Iran work together to increase value of BRICS

No major projects in India to turnaround faltering oil production: IEA

Saudi Aramco shares trade higher after share offering

Russia to export coal to India through Iran

Iran-U.S. trade rises 72% in 4 months

Iran’s economy to grow 3.2% in 2024: WB

India to earmark $1b for development of Iran’s Chabahar

Oil Sector the Driving Force of Economic Growth, PBO

Iran-Brazil Joint Economic Commission to be held soon

Asian petrochemical industry leaders seek ways to overcome perfect storm

Hard to port: India defies Washington’s pressure to deal with Iran