Tuesday, 18 November , 2025
  • Iran, China Hold Initial Talks on Electric Rail Link 18 Nov 2025

    Iran, China Hold Initial Talks on Electric Rail Link

    TEHRAN - Minister of Roads and Urban Development announced that preliminary talks have been held on establishing an electric railway connection from Sarakhs to Cheshmeh Soriya as part of a broader plan to link China to Europe by rail.

Iranian oil prices increase in July as OPEC production falls 18 Aug 2019

Iranian oil prices increase in July as OPEC production falls

As the Iranian oil ministry reported, in July, the average price of Iranian crude stood at $62.65 per barrel, increasing 2.9 percent monthly, while the OPEC countries produced 29.609 million barrels of oil in the said month, registering a daily drop of 246,000 barrels compared to the preceding month.

Message behind release of Iranian oil tanker 17 Aug 2019

Message behind release of Iranian oil tanker

The Gibraltar court ordered the Iranian oil tanker Grace 1 to be released. The tanker was seized by the British Royal Marines about a month ago.

Technological expansion of upstream sector priority this year: Zanganeh 17 Aug 2019

Technological expansion of upstream sector priority this year: Zanganeh

Iranian Oil Minister Bijan Namdar Zanganeh announced transferring and expansion of upstream sector in cooperation with universities and research centers as the main priority of the ministry in the current Iranian year, 1398.

Iranian delegation arrives in Kabul for energy talks 17 Aug 2019

Iranian delegation arrives in Kabul for energy talks

A high-ranking delegation from Iran’s Energy Ministry arrived in Kabul Saturday morning to hold talks with senior Afghan officials on the future of energy ties between the two neighbors.

3rd SP22-24 platform loaded 17 Aug 2019

3rd SP22-24 platform loaded

The third offshore platform of phases 22 to 24 of the South Pars gas field was loaded at SADRA Yard in Bushehr on Wednesday.

Iran, Russia, Azerbaijan agree to set up North-South energy corridor 17 Aug 2019

Iran, Russia, Azerbaijan agree to set up North-South energy corridor

Officials of Republic of Azerbaijan, Iran and Russian Federation have signed an agreement to study jointly feasibility of a project to create the North-South corridor.

Iran Energy Exchange to offer heavy crude on Wednesday 17 Aug 2019

Iran Energy Exchange to offer heavy crude on Wednesday

The Iranian National Oil Company announced in a notice on Saturday that the new round of heavy crude oil sale will be launched at Iran Energy Exchange (IRENEX) on Wednesday (August 21).

North-South Corridor Working Group to be set up between Iran, Azerbaijan, Russia 17 Aug 2019

North-South Corridor Working Group to be set up between Iran, Azerbaijan, Russia

Roads ministers of Islamic Republic of Iran, Russian Federation and Republic of Azerbaijan on Thursday agreed to form a Working Group in order to activate North-South Corridor.

Iran aims to increase transit share in East-West route 17 Aug 2019
Roads min.:

Iran aims to increase transit share in East-West route

Iranian Minister of Roads and Urban Development Mohammad Eslami said on Fri. that the Islamic Republic of Iran has targeted to increase its transit share in West and East.

20 power plant units to be inaugurated by yearend 17 Aug 2019

20 power plant units to be inaugurated by yearend

Iranian Minister of Energy Reza Ardakanian said that a number of 20 power plants, with the production capacity of 3,000 megawatts, will be inaugurated in 13 provinces of the country before the termination of the current Iranian calendar year (started March 21, 2019).