US statements cannot run oil market: Iran oil min.
Iranian Oil Minster Bijan Zanganeh said Wed. that the oil market could not merely be managed by statements of the US officials.
EGFI to issue guarantees for oil purchasers of IRENEX
The CEO of the Export Guarantee Fund of Iran (EGFI) announced that the fund is to issue guarantees for oil purchaser of Iran Energy Exchange (IRENEX) and related negotiations with the Iranian oil ministry are underway.
Impossible to drive Iran’s oil export to zero
Condemning the US move to force Turkey to buy oil from Saudi Arabia and UAE instead of Iran , Faruk logoglu says the US move is flagrant violation of international law and he sovereign right of nations to trade freely.
MSC Sets New Record for Production
TEHRAN – Mobarakeh Steel Company set a new record in the first month of the Iranian calendar year (Farvardin) as its production exceeded half a million tons.
EORC Boosts Parts Production by 300%
TEHRAN – Head of Domestic Production Department of Esfahan Oil Refining Company (EORC) says the company’s manufacturing spare parts in the current year has increased by 300 percent comparing to the same period last year.
First Fully Home-Made 42-Megawatt Turbine Synchronized in Zahedan
TEHRAN – The CEO of MAPNA Group announced that the first fully home-made medium-scale power plant in form of scattered production with the 42-megawatt turbine was synchronized in Zahedan.
Economic Condition More Stable Than Last Year
TEHRAN – The CEO of Export Development Bank of Iran believes the economic and trade condition in many aspects is more stable than last year.
New petrochemical plant to be built in western Iran
A new petrochemical plant with the production capacity of 48,000 tons per year will be established in Sonqor County, western Iranian province of Kermanshah, a lawmaker said Monday.
Iran’s steel output at 7.1% growth in Q3: WSA report
In its latest report, World Steel Association (WSA) put Iran’s steel production volume at a 7.1% growth in the first three months of 2019 compared to the last year’s corresponding period, registering the highest production rate among other countries.
‘Iran ready to establish joint Free Zone with Iraq’
Arvand Free Zone Organization is ready to form a joint free zone with Iraq following the recent visit of Iranian president to the neighboring country, said the director of Arvand Free Zone Organization on Tuesday.