Tehran, Feb 7, IRNA – Iranian Petroleum Minister Baijan Zanganeh said on Sunday that Iran’s petrochemical output capacity will reach 100 million tons a year by 2022. Zanganeh made the remarks at the inauguration ceremony of the 14th Int’l Exhibit of Plastic Industry in Tehran. He said that Iran’s petrochemical revenues would reach 25 billion dollars per year […]
TEHRAN – Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) and the Commercial Department of the Iraqi Embassy in Tehran have agreed on forming a joint trade committee in the near future, the TCCIMA portal reported. As reported, the decision was made in a meeting between the TCCIMA Head Masoud Khansari and the Iraqi […]
Tehran, Feb 8, IRNA – The deputy petroleum minister for international and commercial affairs said on Monday that the present agreement for gas export to Turkey is valid until 2026 and the talks for extending the accord has started by National Iranian Gas Company. Speaking in the 3rd Specialized Summit on Presenting Qeshm Free Zone […]
Rasht, Feb 7, IRNA – Gilan Customs has always played the role of gateway to Europe and the artery connecting north to south of the country because of its strategic and geopolitical location throughout history. The supervisor of Gilan Customs Administration Abolghasem Yousefinejad said that 24 percent of the weight and 37 percent of the […]
Keppel Corporation announced that amidst the global energy transition and major disruptions facing the oil industry, the Company will carry out a comprehensive transformation of its wholly-owned subsidiary, Keppel Offshore & Marine (Keppel O&M), to better align it to Keppel’s Vision 2030. This is part of Keppel’s strategic review of its offshore and marine (O&M) […]
(Bloomberg) –The Biden administration’s moratorium of oil and gas leasing on federal public land faced an immediate legal attack from an energy industry group. Western Energy Alliance, which says it represents 200 oil and natural gas companies, said the administration’s suspension of leases is “unsupported and unnecessary,” and an overreach by the U.S. Bureau of […]
TEHRAN- Iran has imported four million tons of basic goods during the first ten months of the current Iranian calendar year (March 20, 2020-January 19, 2021), according to the deputy managing director of Government Trading Corporation of Iran (GTC). Amir Talebi said that 194 ships carrying basic goods have been docked and unloaded in Iranian […]
TEHRAN – Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Gholam-Hossein Shafeie met with Armenian Economy Minister Vahan Kerobyan on Monday to discuss ways of removing barriers to the expansion of economic cooperation. In this meeting, the two sides underlined the capacities for bilateral cooperation and explored ways for removing the existing […]
WASHINGTON (Bloomberg) –President Joe Biden is poised to suspend the sale of oil and gas leases on federal land, which accounts for about a tenth of U.S. supplies, according to four people familiar with the matter. The moratorium, which would also freeze coal leasing, is set to be unveiled along with a raft of other […]
Iran has started ramping up its oil production and expects to reach pre-sanctions levels in one to two months, Deputy Oil Minister Amir Hossein Zamaninia said. (Bloomberg) — Iran has started ramping up its oil production and expects to reach pre-sanctions levels in one to two months, Deputy Oil Minister Amir Hossein Zamaninia said. The […]