MAPNA to Drill Oil Wells in Iran
The MAPNA Group, an energy engineering conglomerate, has won a $1.4 billion worth contract with a subsidiary of Iran’s oil Ministry to develop two oil fields in Khuzestan.
Structural reform of budget feature at heads meeting
Structural reform of the budget was the main subject of the session in the Supreme Council of Economic Coordination.
NISOC CEO: Investment in development of oilfields underway
Close to $1.4 billion is expected to be invested in the development of two Iranian oilfields, said the CEO of the NISOC.
Iran Submarines Production Remarkable: Navy Commander
Rear Admiral Hossein Khanzadi highlighted self-sufficiency in the production of military equipment and said Iran has gained “remarkable achievements” in building submarines.
Iran to run largest flare gas refinery
Iran will soon bring online its biggest refinery for natural gas flare associated with oil production, built with $3 billion of investment.
CNG consumption rose after gasoline rationing
Consumption of compressed natural gas (CNG) in Iran has increased by 31 percent since the implementation of the gasoline rationing scheme.
Aluminum ingot production exceeds 185,000 tons in 9 months
Iran’s major aluminum producers made a production of 185,570 tons of aluminum ingots during the first nine months of the current Iranian calendar year.
Iranian Students of Wuhan Returned
Dozens of Iranian students are back to the country by a Mahan Airlines plane from the Chinese city of Wuhan, the epicenter of a coronavirus outbreak.
FDI in Iran Increased till January
Foreign direct investments (FDI) in Iran increased by 50 percent during the first 10 months of the current Iranian year.
Contract Farming Development in Iran; Necessities and Challenges
Dr. Hossein Shirzad, The Director of the Central Organization of Rural Cooperatives of Iran emphasized the need to focus on and promote contract farming.