Iranian Oil Minister Bijan Zanganeh will take part at the 2018 Russian Energy Week International Forum on 3-6 October in Moscow. According to the Public Relations Department of Iran’s embassy in Moscow, Zanganeh is scheduled to take part and deliver a speech at the Forum’s panel about global gas market in 2030. The Iranian minister […]

Non-oil exports from the western ports of southern Hormozgan province in the first half of the current fiscal (started on March 21) stood at 517,123 tons, registering a 27% growth in terms of weight comparing with the corresponding period of last year, a senior official said on Monday. Ghasem Askarinasab, the director of Bandar Lengeh […]

Crude oil will be offered at Iran Energy Exchange (IRENEX) since Saturday to thwart U.S. sanctions, Deputy Oil Minister Ali Kardor told IRANNEWSDAILY on Monday. The government is to offer oil in form of 5,000-barrel-cargos and the total of one million barrels, he said. The offered oil at IRENEX will be exported, Kardor added. The […]

 Vice President Es’haq Jahangiri unveiled the package issued by resistance economy committee on June 18, 2018 to support non-oil exports announcing it to all the affiliated state-run organizations, IRIB reported. Jahangiri has required the Iranian industry ministry to attach Iran’s exports destinations and goals within ten days of the announcement of the package to it. […]

 Iran’s Integrated Trade System was unveiled on Saturday in the presence of Iran’s ministers of Industry, Mining and Trade Mohammad Shariatmadari and that of Information and Communications Technology (ICT) Mohammad-Javad Azari Jahromi, IRNA reported. The system includes the comprehensive trade system, goods identification system, integrated system of warehouses, validation system and credit rating system of […]

 Iranian Oil Minister Bijan Zanganeh said that the result of the OPEC committee meeting in Algeria on Sunday was consistent with what Iran wanted for oil supply agreements. “Yesterday’s meeting ultimately concluded with all OPEC and non-OPEC members to abide by the current production agreements, which is consistent with what Iran wanted,” Iranian Oil Minister […]

National Iranian Drilling Company (NIDC) dug and completed digging operation of 73 oil and gas wells during the first five months of current Iranian calendar year (March 21-August 22), according to an official with the NIDC. Hamidreza Khoshayand, the deputy managing director of NIDC, said over 100,000 meters of digging has been conducted for the […]

According to the newest data released by the Central Bank of Iran (CBI), Iran’s debts to foreign lenders in the end of the fourth Iranian month of Tir (July 22, 2018) stood at $10.66 billion, showing 5.6 percent decrease in comparison with announced figure in the first Iranian calendar month of Farvardin (March 21- April […]

OPEC’s leader Saudi Arabia and its biggest oil-producer ally outside the group, Russia, ruled out on Sunday any immediate, additional increase in crude output, effectively rebuffing U.S. President Donald Trump’s calls for action to cool the market. “I do not influence prices,” Saudi Energy Minister Khalid al-Falih told reporters as OPEC and non-OPEC energy ministers […]

 The 12th edition of Iran’s International Exhibition of Plastics, Rubber, Machinery and Equipment (Iran Plast 2018) will kick off today at Tehran Permanent International Fairgrounds, Shana reported. According to the exhibition’s director Reza Khalaj, exhibitors from 15 different countries including Germany, Italy, Switzerland, Austria, Cyprus, Belgium, Serbia, Thailand, Greece, India, the Netherlands, Turkey, China, Taiwan […]