Iran exported commodities valued at $10.3 billion to China during the first nine months of the current Iranian calendar year (March 21-Decemebr 21), the head of the Islamic Republic of Iran Customs Administration (IRICA) announced.
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Exporting goods from Bushehr province hits over $8.2 billion in the first nine months of the current Iranian year of 1402 (March 21-December 21), a local customs official said.
Iran’s annual petrochemical production capacity will surpass 95 million tons (mt) by the end of the current Iranian calendar year (March 19, 2024), said the National Petrochemical Company (NPC) managing director.
Iran and the Eurasian Economic Union (EAEU) have finally signed a long-awaited free trade agreement.
Iran is self-sufficient in all segments of the oil industry despite brutal sanctions and ready to develop Iraq’s upstream and downstream sectors, said Oil Minister Javad Owji on Wednesday.
Iranian Oil Minister Javad Owji on Wednesday said Iran and Iraq are the large holders of hydrocarbon reserves and joint projects in this sector will be in their interests.
Tajikistan's capital Dushanbe hosted the 16th meeting of Iran-Tajikistan Joint Economic Committee on December 26 and 27.
The head of Iran’s National Petrochemical Company (NPC) has stressed the need for using new specialized financing solutions in the petrochemical industry, Shana reported.
Oil Minister Javad Owji on Monday expressed Iran’s readiness for exporting oil products and technical and engineering services to Nicaragua.
Iran’s Oil Ministry managed to resolve a disruption to the country’s fuel system within hours, said the Parliament’s Energy Committee vice chairman on Monday.
Iranian President Ebrahim Raisi on Monday ordered the beginning of a project for the construction of solar power plants with the capacity of 4,000 megawatts (MW) across the country.
The National Petrochemical Company (NPC) managing director on Sunday said the petrochemical industry’s technology needs must be satisfied by Iranian companies.
The National Iranian Oil Products Distribution Company (NIOPDC) has reconnected 4,213 gas stations out of 4,305 nationwide to the smart fuel system following a disruption.
A member of Iran’s Parliament on Sunday said the Oil Ministry officials’ promptitude and extensive fieldwork helped fix a disruption to the smart fuel system quickly.
The managing director of Iranian Oil Terminals Company (IOTC) has said 32,000 barrels per day (bpd) of gas condensate are exported from the South Pars Gas Terminal, Shana reported.
Iran has added 60 new wells to boost production capacity in the South Azadegan oil field, which the country shares with its neighbor Iraq, the head of the National Iranian Oil Company (NIOC) announced.
Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei on Saturday said Islamic governments are duty-bound to “prevent goods, oil, and fuel from reaching the Zionist regime, which has even prevented water from reaching the people of Gaza”.
The World Bank in a recent report on Iran’s economy dubbed “Iran Economic Monitor” said the Islamic Republic’s economy has been expanding despite the sanctions and global economic conditions.
Bassirabad gas pressure reduction station in Iran’s northeastern province of Golestan was officially launched in the presence of Oil Minister Javad Owji on Thursday.
The urea and ammonia plan in Golestan Province, northeastern Iran, will turn into the largest provincial construction project, said Oil Minister Javad Owji on Thursday.