Non-Opec producer Oman has already instructed all operators and oil producers in the sultanate to cut crude oil output for two months beginning 1 May, in line with its commitments under yesterday's Opec+ production restraint agreement.
News ID: 9115 Publish Date : 2020/04/13
Head of Iran’s Customs Office Mehdi Mir Ashrafi announced that the country’s volume of exports and imports hit a record high despite the harsh US sanction s.
News ID: 8819 Publish Date : 2020/03/22
A group of Iranian nationals are suing troubled British lender Metro Bank for suspending their accounts without prior notice or explanation.
News ID: 8773 Publish Date : 2020/03/18
Latest official reports show that non-oil exports from Shahid Rajayee Port, Iran’s largest container port, has witnessed a rise by almost 4% between March 2019 and February 2020, in a comparison with the corresponding period in the last year.
News ID: 8722 Publish Date : 2020/03/15
Iran successfully installed a giant oil drilling platform at an offshore field South of the country despite reports suggesting the country is having problems keeping its oil rigs active because of the US sanction s on the oil industry.
News ID: 8707 Publish Date : 2020/03/14
The tradespersons in Tabriz in Northwestern Iran have decided to close the historical Bazaar of the city for 3 days to help the medical officials control the coronavirus epidemic, while strenuous efforts in other parts of the country continue to curb the spread of the virus and treat patients.
News ID: 8669 Publish Date : 2020/03/11
President Donald Trump today rolled out a new round of economic sanctions targeting Iran's metals industry in an effort to punish the country for a missile attack earlier this week on two US military bases in Iraq.
News ID: 8283 Publish Date : 2020/01/10
Iranian factories and manufacturers which were reliant on parts and intermediary products for their production are now either producing their needs themselves or buying them from their compatriot partners, Deputy Head of Iran Trade Development Organization Farhad Nouri said, adding that this the plus point of US’ unilateral sanctions.
News ID: 8182 Publish Date : 2020/01/01
Iranian President Hassan Rouhani on Monday paid a visit to an exhibition on the country’s latest products and achievements in the petrochemical industry.
News ID: 8167 Publish Date : 2019/12/30
The remaining platforms of phases 13, 14 and 22-24 of the giant offshore South Pars gas field are set to become operational by the end of the current calendar year in March 2020. That would bring gas recovery capacity in South Pars, which Iran shares with Qatar, to 680 mcm/d from the current 630 mcm/d.
News ID: 8072 Publish Date : 2019/12/24
Iran’s Transportation Minister Mohammad Eslami announced that his country will receive three new passenger planes in the near future despite the fact that the US unilateral sanctions are barring foreign companies and entities from selling anything related to civil aviation to Tehran.
News ID: 8069 Publish Date : 2019/12/23
Iranian First Vice-President Eshaq Jahangiri said despite the US sanction s and pressures to prevent tourist travels to Iran, tourism industry is flourishing in the country.
News ID: 8067 Publish Date : 2019/12/23
Iranian Government Spokesman Ali Rabiyee dismissed the threats posed by the European signatories of the nuclear deal, officially known as the Joint Comprehensive Plan of Action, saying that Westerners will fail to intimidate Tehran into giving up its current policy of active resistance.
News ID: 8066 Publish Date : 2019/12/23
Iranian Parliament Speaker Ali Larijani said that the US sanction s have increased self-sufficiency in the country and many industries are flourishing.
News ID: 8045 Publish Date : 2019/12/22
Head of Iran Civil Aviation Organization (CAO) Ali Abedzadeh stressed ineffectiveness of the US sanction s in barring Tehran from renovating its civil air fleet.
News ID: 7966 Publish Date : 2019/12/16
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati said that the recent fluctuation in the foreign exchange market in the country is temporary, adding that some elements have contributed to a speculative surge in demand, including some foreign-backed networks which are trying to instill fear in the market.
News ID: 7889 Publish Date : 2019/12/10
Iran’s Noori Petrochemical Plant announced that its output records are higher than the set goals, adding that 60% of its production in the last 8.5 months have been exported.
News ID: 7888 Publish Date : 2019/12/10
Chairman of the Trade Promotion Organization of Iran Hamid Zadboum said the value of Iranian exports to neighboring Iraq amounts to one-fourth of the Arab country’s total imports.
News ID: 7816 Publish Date : 2019/12/07
Iranian President Hassan Rouhani said on Sunday that the country's budget bill for the next fiscal year has been set in a way to offset the negative effects of the US sanction s and, hence, includes a significant cut in oil revenues.
News ID: 7811 Publish Date : 2019/12/08
Iranian researchers manufactured fully home-made turbo jet engines used for small planes and drones.
News ID: 7720 Publish Date : 2019/12/03