Iran's GDP including oil grew 7.1 percent in the second quarter of the current Iranian calendar year, compared to the second quarter of last year, according to the Statistical Centre of Iran .
ECONOMY Feed Atom
United States projected to extract 12.9m barrels of crude oil as countries at Cop28 to push for agreed fossil fuels ‘phaseout’.
Brent crude futures fell 42 cents, or 0.5%, to $80.16 a barrel by 0901 GMT, while U.S. West Texas Intermediate crude futures were at $75.05 a barrel, down 49 cents, or 0.7%.
The premier of Alberta said her government intends to move an act on Monday to shield provincial power companies from proposed federal clean electricity regulations.
after postponement of an OPEC+ meeting, Oil prices dipped about 1% on Thursday.
Officials from the Trade Promotion Organization of Iran (TPOI) and representatives of the private sector have held a meeting to identify and assess trade opportunities between the Islamic Republic and Saudi Arabia.
TotalEnergies has completed the sale of its upstream Canadian assets to Suncor for 1.47 billion Canadian dollars ($1.1 billion).
Iran’s export of products to China in October 2023 grew 25 percent compared to a month earlier, China's Customs Office data showed.
Canada's supply and demand for energy products increased in 2022 as economies around the world continued reopening following the lifting of COVID-19 restrictions, Statistics Canada said on Monday.
Kuwait's economy is projected to decline in 2023 due to lower oil production, amid the country's commitment to additional Opec+ production cuts, a report has said.
India’s crude oil imports are expected to grow from October level during the remaining two months of the calendar year in line with the ongoing festival and marriage season, which also witnesses an uptick in industrial, construction and farm activities.
As Armenia gradually turns away from its traditional strategic ally, Russia, it is tentatively exploring deeper partnerships with the likes of France and the United States and then there is Iran.
Iranian and Turkmen officials signed several cooperation documents and agreements worth $900 million in various fields.
The Iranian oil industry’s economy is projected to grow 15.2 percent this Iranian calendar year (starting March 21, 2023), said the country’s top banker.
The U.S. on Thursday imposed sanctions on maritime companies and vessels for shipping Russian oil sold above the Group of Seven's price cap, as Washington seeks to close loopholes in the mechanism designed to punish Moscow for its war in Ukraine.
Iran’s MAPNA Group, which is West Asia’s leading company in executing thermal and renewable power plants, is offering its latest achievements in the 23rd Iran International Electricity Exhibition (IEE 2023), the company’s portal reported.
The Canadian dollar moved above the 73 United States cent mark on Wednesday morning and ended the day there as well.
The volume of trade exchanges between Iran and the Eurasian Economic Union (EAEU) member states in the first seven months of the current Iranian calendar year (started March 21, 2023) reached $4.2 billion.
The president of Cuba announced the facilitation of the entry of Iranian companies into the Cuban market.
China's oil imports from Iran have hit record highs as Iran ramps up output despite the threat of further U.S. sanctions.