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.
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.
China Keep Buying Iran Oil
China is the only country that buys oil from the Islamic Republic of Iran.
China, Iran mutual trade to boom
Chinese Ambassador to the Islamic Republic of Iran Chang Hua named China as the biggest trade partner of Iran adding that the two countries are to witness spring in their mutual trade.