۲ EghtesadOnline: The expansion and construction of new units, especially for improving the quality of heavy oil products such as diesel, are on the agenda of Bandar Abbas Oil Refinery Company, its managing director said. “The demand in the international markets for clean fuel, the need to reduce the production of heavy fuels with lower […]
۲ TEHRAN, Jul. 09 (MNA) – If nuclear proliferation in the Middle East should be avoided, the worst option is war with Iran. Let’s start by stating the obvious. The world does not need more nuclear powers beyond the far too many it already has — China, France, India, Israel, North Korea, Pakistan, Russia, the […]
۲ TEHRAN, Jul. 08 (MNA) – Iranian Foreign Minister Zarif questioned the legalities of the UK seizure of an Iran-operated oil tanker, saying Iran is not subject to any European oil embargo and EU is against extraterritoriality. “Iran is neither a member of the EU nor subject to any European oil embargo. Last I checked, […]
۲ EghtesadOnline: French President Emmanuel Macron said in a phone conversation with President Hassan Rouhani on Saturday that Paris is ready to maximize its efforts to preserve the 2015 nuclear deal, particularly by working to accommodate Iran’s demand for an end to the American economic war. “The end of JCPOA would be an admission of […]
EghtesadOnline: Iran traded 213,886 tons worth $87.84 million with Russia during the first Iranian month (March 21-April 20), registering a 48.45% rise in tonnage and a 54.61% decline in value compared with the year before, latest data released by the Islamic Republic of Iran Customs Administration show. Russia was Iran’s 11th biggest trading partner during […]
۲ Tehran (ISNA) – Iran on Sunday has officially announced the beginning of the second phase of reduction of its commitments under the 2015 nuclear deal, increasing the level of its uranium enrichment to a level beyond the 3.67% limit set by the accord. The decision was announced by Iranian government spokesman, Ali Rabiei in […]
۲ TEHRAN (Tasnim) – OPEC oil output sank to a new five-year low in June as a rise in Saudi supply did not offset losses in Iran and Venezuela due to US sanctions and other outages elsewhere in the group, a survey found. The 14-member Organization of the Petroleum Exporting Countries pumped 29.60 million barrels […]
۲ TEHRAN, Jul. 06 (MNA) – Iranian power plants in the western Kurdestan province currently have the capacity to provide up to 300 megawatts of electricity to Iraq’s Sulaymaniyah, a senior official said on Saturday. Managing Director of Power Distribution Company of Kurdestan Hiva Lahounian added that should the necessary infrastructures on both sides be […]
۲ TEHRAN, Jul. 06 (MNA) – The National Iranian Oil Company (NIOC) has planned to offer 2 million barrels of heavy crude oil on the Iran Energy Exchange (IRENEX) on Tuesday (July 9). The base price for this offer is $57.66 per barrel, and the minimum purchase volume is 35,000 barrels. Buyers can receive their […]
۲ TEHRAN, Jul. 05 (MNA) – Senior adviser to Iran’s Leader Ali Akbar Velayati has said that Iran will increase the level of uranium enrichment from July 7, adding that the country will abide by the JCPOA in the way other parties do. According to the institute for preserving and publishing the books of Iranian […]