US Shipbuilders End Strike, Return to Their Work
A 63-day strike at Bath Iron Works – against the backdrop of a pandemic in an election year – came to an end Sunday with shipbuilders voting to return to their jobs.
Pandemic Shrinks Iranian Economy by 3%: Rouhani
Rouhani said while the novel coronavirus pandemic has slashed major economies in the world by up to 20 percent, Iran’s economy has contracted only by 3 percent.
Iron Pellets Production in Iran Increases
Iran produced over 9.9 million tons of iron pellets during March 20-July 21, 2020, which marks a five percent increase compared to figure for the same period last year.
Iran TPO: Annual Export to Russia Hits $12b
Iran's annual export capacity to Russia is about $12 billion, said the head of the Trade Development Organization (TPO).
POGC Begins Gas Extraction from 3rd Platform of South Pars Phase 13
Platform 13C, the third platform of Phase 13 of Iran’s South Pars Gas Field’s development project, officially started sending gas to the refinery.
IME Weekly Trade Exceeds $1.2b
IME announced on Saturday that 693,030 tons of commodities, valued at over $1.23 billion, were traded in its domestic trading and export halls in the past week.
Persian Gulf Star Refinery Talks of Helping Iranian Firms amid Sanctions
A senior official at Iran’s Persian Gulf Star Refinery (PGSR) said that the domestic companies operating in the oil and gas industry are receiving more support.
PEDEC: NIOC to Export First Oil Cargo from Jask Port
The National Iranian Oil Company (NIOC) will be able to export its first oil cargo from Jask terminal by the end of the current Iranian calendar year.
$4 Trillion Mining Sector Standpoint against US Sanctions
The sector holds a key advantage over the oil industry: It is much harder to sanction the mining industry because of its immense diversity.
Iran Sells over $200m Worth of Bonds in Weekly Auctions
The Central Bank of Iran (CBI) said bond auctions it usually holds on a weekly basis have generated more than $200 million for the week ending on Tuesday.