Industry min. to focus on non-oil export this year , a top priority
Minister of Industry, Mine and Trade Reza Rahmani said hat his ministry will concentrate on exporting non-oil products in the current year [started March 21, 2020].
Compulsory Sales of Oil and Medicine to Iran is a Disaster
An outspoken economist and Al-Zahra University teacher believes compulsory sales of medicines and food to Iran by other countries is a disaster and Iran’s request for getting loan from the International Monetary Fund (IMF) is a mistake.
Oil Price May Slump Further If Deal Fails
Iran's former OPEC governor Mohammad Ali Khatibi believes if oil exporting countries do not respect their deal, the oil price may fall further.
Slump in Oil Price to Intensify Sanctions Pressure
Chairman of Iran-China Joint Chamber of Commerce Majid-Reza Hariri says China’s oil imports from Iran have slumped
CEO Details Major Performance of NIDC in Past Year
Head of Board of Directors and CEO of National Iranian Drilling Company (NIDC) on Monday and during his meeting with the company’s managers highlighted major performance and achievements of the company in the last Iranian calendar year which ended on March 19.
Salehabadi: Exports Should Be Production-Based
The CEO of Export Development Bank of Iran says all approaches in the country should be production and export-based and actually change in approach is very crucial.
Iranian MPs to Discuss Ambiguities of National Budget Bill Tomorrow
Members of the Iranian parliament’s Budget Integration Commission plan to hold talks on Monday to resolve the ambiguities of the next year’s national budget bill raised by the Guardian Council, the spokesman for the presiding board of the parliament said.
OPEC meeting worse than ever; Zangeneh says
Iran’s Minister of Petroleum Bijan Zangeneh says an OPEC meeting on Friday was one of the group’s “worst ever” after it failed to reach an agreement on more oil cuts.
Oil Minister Unveils Fath 72 Oil Rig
Oil Minister Bijan Zanganeh yesterday in a ceremony unveiled Fath 72 oil rig which has been manufactured in collaboration with National Iranian Drilling Company and the Academic Center for Education, Culture and Research (ACECR).
Syria Takes Control of 5 Drones over Homs Oil Facility
Syria’s military on Sunday hacked five combatant drones operating over the Homs oil facility, using electronic-warfare specialists, a report said.