Iranian heavy crude oil price rises 6% in March: OPEC
Iranian heavy oil price increased $3.64 in March to register a six-percent rise compared to the previous month, according to OPEC’s latest monthly report published on Tuesday.
Hadi: Over 3,600 industrial projects with over 80% progress underway in Iran
There are 3,639 semi-finished industrial projects with over 80 percent physical progress across Iran, Director General of Planning and Financing Office of the Ministry of Industry, Mining, and Trade Alireza Hadi announced.
TEDPIX falls 1,300 points on Wednesday
TEDPIX, the main index of Tehran Stock Exchange (TSE), lost 1,320 points to 1.243 million on Wednesday.
Annual iron ore concentrate output touches 50m tons
Production of iron ore concentrate in Iran during the previous Iranian calendar year 1399 (ended on March 20) reached 49.714 million tons, registering a five-percent rise compared to the preceding year.
Commodities worth over $3b exported from East Azarbaijan
As announced by a provincial official, commodities worth over $3 billion were exported from East Azarbaijan province in the northeast of Iran during the past Iranian calendar year (ended on March 20).
Shutdown of Bushehr Nuclear Power Plant impossible
The shutdown of the Bushehr Nuclear Power Plant in Iran is impossible, Tehran continues to cooperate with Moscow on the construction of second and third power units of the plant, Russian Deputy Foreign Minister said.
Iran Oil Ministry to Invest $80m in Startups
the Oil Ministry will invest $80 million in startups and knowledge-based firms, the oil minister said.
Iranian Researchers Make, Export Advanced Water Treatment System
Iranian researcher at a knowledge-based company developed a sea water electrolyzer system and managed to export it to foreign countries.
Impact of Politics on Economy Should Be Minimized
Chairman of the Iran-China Chamber of Commerce says the impact of domestic and political policies on the economy should be minimized and if the country’s first priority is its economy, all of behaviors should be in the direction of improving livelihood of the people and economy.
Electricity bills increase 33% for high consuming subscribers
The managing director of Iran’s Power Generation and Distribution Company (TAVANIR) announced a 33-percent increase in electricity prices for high consuming subscribers who will not reduce their consumption by the next Iranian calendar month Ordibehesht (begins on April 20).