Entries by Admin

Loading, unloading of goods rise in Anzali, Astara ports

TEHRAN- Loading and unloading of commodities in Iran’s northern Anzali and Astara ports have increased during the first nine months of the current Iranian calendar year (March 20-December 20), compared to the same period of time in the past year, according to a provincial official. Mohammad-Mohsen Salimipour, the deputy head of Gilan Province’s Ports and […]

Pakistan seeking expansion of trade ties with Iran

TEHRAN – Pakistan’s Advisor to Prime Minister on Commerce and Investment Abdul Razak Dawood said on Monday his country is seeking to enhance ties with the Islamic Republic of Iran, especially in economic areas, IRNA reported. Mentioning his upcoming visit to Tehran for attending the two countries’ ninth Joint Economic Committee meeting, Dawood said: “This […]

Saudi oil exports in October fall by almost a third

Overall exports fell by 24.7% mainly due to the fall in oil shipments, which made up about two-thirds of the total compared to about three quarters in October last year Saudi Arabia‘s oil exports in October fell by 18.9 billion riyals ($5.04 billion), down by nearly a third, while non-oil exports fell by 0.3%. Overall […]

Schlumberger, OMV Upstream deploy AI and digital solutions powered by DELFI

LONDON —Schlumberger and OMV Upstream announced an enterprise-wide deployment of AI and digital solutions enabled by the cloud-based DELFI cognitive E&P environment, across OMV’s global operations. The five-year agreement will see the two companies collaborate to enhance efficiencies across OMV’s operations and position the company as a digital front-runner in the energy industry. “We are […]

Iran, Russia agree on expansion of technical co-op in oil, gas sectors

TEHRAN- Iranian Oil Minister Bijan Namdar Zanganeh said that Iran and Russia agreed to boost technical cooperation in the oil and gas sectors, IRNA reported. The minister made the remarks after his meeting with the Russia Deputy Prime Minister Alexander Novak and Energy Minister Nikolai Shulginov in Moscow on Monday. “We discussed the issues related to […]

Agricultural exports from Kordestan Province increase 29%

TEHRAN- The export of agricultural products from Kordestan Province, in west of Iran, has increased 29 percent in the first eight months of the current Iranian calendar year (March 20-November 20), compared to the same period of time in the past year, according to a provincial official. Shahriar Hanifi, the trade promotion director of the […]

Over 3.7m tons of steel ingot exported in 8 months

TEHRAN- Iran has exported 3.787 million tons of steel ingot during the first eight months of the current Iranian calendar year (March 20-November 20), according to the data released by the Iranian Steel Producers Association (ISPA). The released data show that the country’s steel ingot export has fallen 13 percent in the eight-month period of […]

Rail projects worth nearly $66m put into operation

TEHRAN – Iranian Transport and Urban Development Minister Mohammad Eslami inaugurated 89 rail industry projects worth 2.77 trillion rials (about $65.9 million) on Monday on the occasion of the Transport Week, IRNA reported. Inaugurated in a virtual ceremony, the projects include 12 projects in the field of technology and infrastructure worth 2.21 trillion rials (about […]

Iran-Pakistan online business forum to be held next week

TEHRAN- In a bid to expand trade relations between Iran and Pakistan, Tehran Chamber of Commerce, Industries, Mines, and Agriculture (TCCIMA), and Karachi Chamber of Commerce and Industry (KCCI) will hold an Iran-Pakistan business forum via webinar on December 22. The online forum will cover issues related to bilateral cooperation in the fields of energy, […]