The production of heavy construction and mining machinery in Iran increased by over 15 percent in the first nine months of the current Iranian year (March 20- December 20,2024) compared to the same period last year
Iran’s steel producers ended 2024 with modest growth, as the country’s production of this key metal reached 31 million tons
As announced by the head of the National Iranian Steel Company, the country’s steel production capacity has hit 55 million tons
The Deputy Director of Drilling Operations at the National Iranian Drilling Company (NIDC) announced that 79 oil and gas wells have been drilled and completed across onshore and offshore regions of the country over the first 10 months of the current Iranian year (March 20-December 21, 2024)
According to OPEC’s first report of 2025, Iran maintained its position as the organization’s third-largest oil producer in December 2024, with an average daily production of 3.314 million barrels
The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has reported a significant increase in exploratory drilling and investment calls during the first nine months of the current Iranian calendar year (March 20-December 20, 2024)
The head of Negin Makran Petrochemical Development Company announced that approximately €10 billion has been invested in the third petrochemical hub at Negin Makran in Chabahar. This investment aims to establish petrochemical complexes and complete the methane gas value chain, ensuring that raw petrochemical exports will cease upon completion of the hub’s phases
Production of copper cathode in Iran rose 3.2 percent in the first nine months of the current Iranian calendar year (March 20-December 21, 2024), as compared to the same period of time in the past year, Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has announced
The head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) referred to the investment of $10 billion for the development of the copper industry, and emphasized on the rapid implementation of the seven driving plans of the National Iranian Copper Industries Company (NICICO)
Expanding the use of compressed natural gas (CNG) in Iran could save 20 million liters of gasoline annually within three years, according to Ali Mahmoudian, head of the National Association of Alternative Fuels and Related Services