Current News & Reports

Iran West Karoon oil output stands at 320 K bpd: PEDEC Iran West Karoon oil output stands at 320 K bpd: PEDEC
20 April, 2019
Managing director of Petroleum Engineering and Development Co. (PEDEC) Touraj Dehghani referred to the bank-full stage of Hoorolazim Wetlands ...
Details on the Iran CNG price rising Details on the Iran CNG price rising
20 April, 2019
CNG project manager at National Iranian Oil Products Distribution Co. (NIOPDC), Hamid Qasemi pointed out that the price of CNG will be raised by about ...
Japan seeks to avoid harmful impact from US sanctions on Iran: METI Japan seeks to avoid harmful impact from US sanctions on Iran: METI
20 April, 2019
Japan remains committed to avoiding any harmful impact from US sanctions on Iran, as it sees the Middle Eastern oil producer important for the country's supply security ...
Iran, Turkey underline development of banking ties Iran, Turkey underline development of banking ties
20 April, 2019
Governor of the Central Bank of Iran (CBI) Abdul-Nasser Hemmati in a meeting with Turkey's Ambassador to Iran Derya Ors on Thursday called for growing cooperation ...
Iran, Turkey looking for INSTEX-like mechanisms Iran, Turkey looking for INSTEX-like mechanisms
20 April, 2019
Foreign Minister Mevlut Cavusoglu said on Wednesday Turkey is looking into establishing new trade mechanisms with Iran, like the INSTEX system set up by European countries to ...
Korean SMEs “Go Bankrupt” due to sanctions on Iran Korean SMEs “Go Bankrupt” due to sanctions on Iran
20 April, 2019
The chairman of Iran-South Korea Joint Chamber of Commerce said following last year’s move by the US to renew sanctions against the Islamic Republic, some Korean companies went bankrupt ...
Iran Apadana methanol project at 44% headway Iran Apadana methanol project at 44% headway
17 April, 2019
The project to construct the methanol unit of Apadana Petrochemical Co. (11th Methanol) has made 44% headway so far, reported the PR office of Persian Gulf Apadana Petrochemical Co. Apadana petrochemical Co ...

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