Sanctions on Iran have negative effects on energy markets: Novak
Russian Energy Minister Alexander Novak said the U.S. sanctions on Iran and Venezuela are having a negative impact on global energy markets.
Producing 51GW of electricity during summer on agenda
Iranian power plants are set to produce at least 51 gigawatts (GW) of electricity during the peak hours of consumption in summer, IRNA reported on Sunday quoting deputy minister of energy for electricity affairs as saying.
Iranian cargo ship capsizes in Bandar Abbas, all crew rescued
A 90-meter long cargo ship, carrying 153 containers of Iranian exported goods, has overturned at Shahid Rajaei Port in Bandar Abbas near the Persian Gulf, on Tuesday, leaving three crew members injured.
South Korea’s imports of Iranian oil soar in Feb.
South Korea's imports of Iranian crude oil more than quadrupled in February from a month ago, nearing a level before US sanctions on Tehran.
Iran, China to use local currencies in financial transactions
Iran’s Minister of Economic Affairs and Finance Farhad Dejpasand says that the Iranian authorities are negotiating a financial and monetary agreement with China on using local currencies in bilateral financial transactions.
Iran to Sue U.S. Over Economic Sanctions
TEHRAN - President Hassan Rouhani described U.S. sanctions as ‘crime against humanity’ and called on the Judiciary Branch of the country to take legal action against U.S. officials for imposing medicine and food sanctions against the Iranian nation.
Road min. inaugurates 50,000-ton container dock on Negin Island
Iran’s Roads and Urban Development Minister Mohammad Eslami inaugurated the 50,000-ton container dock on Negin Island in the southern province of Bushehr on Sunday.
U.S. to blame for tensions in oil market: Zanganeh
Iranian Oil Minister Bijan Namdar Zanganeh has blamed U.S. for the tensions created in the oil market, Shana reported on Saturday.
President Inaugurates Four New Phases of South Pars Gas Field
TEHRAN - President Hassan Rouhani on Sunday officially launched four new phases of South Pars, the world’s largest gas field located in the Persian Gulf in southern Iran.
Iran launches South Pars Phases 13, 22-24 Refinery
Iranian President Hassan Rouhani inaugurated the onshore refining facilities of phases 13 and 22-24 of the supergiant South Pars gas field in Assaluyeh, southern Iran.