Oil Minister Bijan Namdar Zanganeh is not resigning, a spokesman for his ministry said on Tuesday. Kasra Nouri, director of the Oil Ministry’s Public Relations, dismissed the rumors circulating in some media that Zanganeh had submitted his resignation, one day after Foreign Minister Mohammad Javad Zarif announced he was resigning. “Mr. Zanganeh will do whatever is […]

 The First International Conference on the Development of Chabahar Port kicked off in Chabahar Port on Tuesday morning. The event was attended by Minister of Roads and Urban Development Mohammad Eslami, President’s Adviser and Secretary of Supreme Council of Free Zones Morteza Bank and a number of authorities of the regional countries including Indian and Afghan […]

Governor of the Central Bank of Iran (CBI) said Tue. that except for a ‘psychological atmosphere’, nothing can negatively affect the country’s foreign currency market. Abdolnaser Hemmati, Governor of the Central Bank of Iran (CBI), addressed the 56th Central Bank Annual Meeting on Tuesday in Tehran, where President Rouhani and a number of senior officials were […]

Iran’s national flag carrier Iran Air has purchased three Airbus passenger planes and will add them to its fleet by the end of the current Iranian year (March 20). Three Airbus 319 aircraft, manufactured in 2002, were purchased from Hungary a year ago and landed at an airport in the city of Mashhad in northwestern Iran. […]

 Operator of South Pars Gas Field’s Phase 13 project said Sun. new Liquefied Petroleum Gas (LPG) units have come on stream in the onshore refinery of the phase, completing the production chain of the facility. Payam Motamed added that the units 113, 114 and 115 of the refinery are now fully operational and the production […]

Farzaneh Sharafbafi, Director of the Airline of the Islamic Republic of Iran, says that despite US sanctions and hurdles, the Iran Air flights are continuing without stop. Speaking during a ceremony to commemorate the 50th anniversary of the establishment of the Airline of the Islamic Republic of Iran, Farzaneh Sharafbafi said “we do not receive service […]

 Iranian Minister of Energy Reza Ardakanian urged ministries to establish necessary cooperation and coordination in line with increasing capacity of new energies in the country. He made the remark on the sidelines of 11th Iran International Renewable Energy, Lighting & Energy Saving Exhibition, held in Tehran Permanent International Fairground on Feb. 21-24, 2019, in the […]

 More than 307256,780 tons of non-oil commodities worth $248.26 million were exported from the southern Fars province during the past 11 months of the current fiscal year through Feb. 19, indicating a rise both in terms of volume and value. Director General for Fars Province Customs Administration Khodadad Rahimi said the figure indicates a 49% […]

 Deputy Head of Industrial Development and Renovation Organization of Iran (IDRO) for Energy Affairs Hamid Bazargan said that indigenizing refinery parts and equipment in phase 14 of South Pars Gas Field (SPGF) hit a high record. Capability of domestic manufacturing of equipment of main packages of the refinery was dramatically increased, so that a new […]

 An official with the Iranian Ministry of Petroleum said the country was not only self-sufficient in gasoline production but had excess production capacity, which could be earmarked for exports. Addressing the 6th Drilling Congress and Exhibition in Tehran on Saturday, Houshang Falahatian, the deputy petroleum minister for planning, said shifting policies from an economy dependent […]