NIDC drills 17 oil wells in 60 days
The National Iranian Drilling Company (NIDC) spudded 17 oil and gas wells in the first two months of the current calendar year, which began on March 21.
Iran, Europe to facilitate trade relations
The managing director of Export Guarantee Fund of Iran (EGFI) announced that a number of MoUs will soon be signed between EGFI and some European countries.
Steel ingot production volume exceeds 1.7mn tons in 1st month
Production volume of steel ingot in the first month of the current year (March 21 – April 21) surpassed 1.7 million tons, showing a one percent hike as compared to the last year’s corresponding period.
South Pars gas field phases 2, 3 producing at full capacity
The phases 2 and 3 of the South Pars are producing their products with their highest capacity using internal capabilities and via indigenizing the equipment, Manager of the second refinery of South Pars Mehdi Gerami Shirazi announced on Saturday.
Instructions for offering oil at IRENEX prepared: Oil min.
In line with improving monetary transparency, instructions for offering oil at Iran Energy Exchange (IRENEX) have been prepared, Iranian Oil minister Bijan Zanganeh announced on Saturday.
CBI not to eliminate forex management integrated system NIMA: governor
The Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati announced that the central bank is not intended to omit Iran's domestic Foreign Exchange Management Integrated System (locally known as NIMA) from domestic forex trade market.
Iran-China non-oil trade hits $8.8b in four months
The volume of non-oil trades between Iran and China amounted to $8.8 billion in the first four months of 2019, according to the data released by the Chinese customs.
US grants sanctions waiver for Iraq to import energy from Iran: Envoy
The US envoy to Baghdad says Washington has exempted Baghdad from some of its unilateral anti-Iran sanctions, allowing Iraq to continue importing energy from Iran.
Iran, Russia explore ways of expanding railway co-op
Saeed Rasouli, the head of Islamic Republic of Iran Railways (known as RAI), met with Russian Railways (RZD) Vice President Alexander Misharin in Tehran to discuss ways of expanding cooperation, the RAI website reported.
Iran’s 4-month non-oil exports to China stands at $6b
Iran’s value of non-oil exports to China reached $6 billion in the first four months of 2019, down 20 percent compared to the same period last year, Tasnim reported on Friday, citing the Chinese customs data.