Iran to launch petrochemical plant
Lordegan Petrochemical Plant in Chaharmahal-Bakhtiari Province of Iran is almost completed and will be inaugurated before mid-March.
US to extend waiver allowing Iraq to import gas, electricity from Iran
The US is planning to renew a waiver allowing Iraq to import gas and electricity from Iran without risking the sanctions imposed on Tehran.
Iran expects domestic startups to rise
Sorena Sattari said that his country is robustly after developing its innovative economy, adding that 200 more new technology-based startups (NTBFs) will get activated in the next Iranian year (to start March 20).
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.
Iran, Pakistan held first ICT joint commission
First Iran-Pakistan information and communication technologies (ICT) cooperation commission was held in Islamabad on Sunday.
Iran supports OPEC latest plan
Iran supports the plan for deeper crude oil cuts by the Organization of the Petroleum Exporting Countries (OPEC). if the majority agrees.
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 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.