The Iran-India Joint Chamber of Commerce is going to hold its annual general assembly in Tehran on April 15, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.
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The Indian government has raised its windfall tax on petroleum crude to 4,900 rupees ($59.15) a tonne from 4,600 rupees with effect from March 16, according to a government notification released on Friday.
The oil and gas sector’s growth in the first nine months of the Iranian calendar year (starting March 21, 2023) surged beyond 16 percent, said the Central Bank of Iran (CBI) governor.
Brent crude futures for May rose 70 cents, or 0.83%, to $84.73 a barrel by 1346 GMT. U.S. West Texas Intermediate (WTI) crude for April was up 88 cents, or 1.1%, at $80.60.
The head of the Qeshm Free Zone Organization said Chinese investors welcome the investment packages introduced at Iran’s free trade-industrial zones, Tasnim News Agency reported.
Iran’s government spokesman said on Tuesday the 13th administration is seeking to broaden cooperation with energy partners.
A member of the Iranian Parliament’s Energy Committee said on Tuesday cooperation between Tehran and Moscow in the energy sector is a crushing response to sanctions.
Iran’s oil sector achieved strong growth in the first nine months of the current Iranian calendar year (starting March 21, 2023), registering a 292 percent rise year-on-year.
The Federation of Iranian Energy Export Industries (FIEEI) head said on Saturday new markets can be identified by utilizing the energy capacities of Iran and Russia.
The Iranian and Iraqi oil ministers discussed the integrated development of joint fields, trade of gas and oil products, payment methods, and development of infrastructure on Saturday.
A member of the Iranian Parliament’s Energy Committee said on Saturday promotion of energy diplomacy is key to the development of the oil and gas industry and referred to Russia as the strategic partner of Iran in the energy sector.
Iran will host the 26th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) this year.
An official at the Trade Promotion Organization of Iran (TPOI) said the organization has taken effective measures to get the lion’s share in the Syrian market.
Tehran and Moscow signed 19 cooperation documents during the closing ceremony of the 17th Joint Economic Commission between the Islamic Republic of Iran and the Russian Federation in Tehran on Wednesday.
Iranian Oil Minister Javad Owji on Wednesday said the contracts signed with Russian companies to develop eight oil fields have helped his country add more than 200,000 barrels to its daily production.
Iran’s minister of economic affairs and finance said the oil industry attracted the highest foreign investment in the 11 months of the current Iranian calendar year (starting March 21, 2023).
Iran’s oil sector has witnessed a twofold increase in its annual economic growth in autumn 2023, said the government’s economic spokesman on Tuesday.
Goldman Sachs raised its summer 2024 Brent peak forecast by $2 a barrel to $87 as disruptions in the Red Sea contribute to modestly larger-than-expected draws in OECD commercial stocks, the bank said in a note dated Sunday.
Expert meetings of the 17th Iran-Russia Joint Economic Commission started in Tehran on Monday.
Iran’s Plan and Budget Organization (PBO) chief announced on Wednesday the oil and gas sector’s economic growth in autumn 2023 reached 21.8 percent.