“Iran annually exports nearly 3 billion Euros of gas and 700 to 800 million dollars of electricity to Iraq, “the spokesman of Iranian Oil, Gas and Petrochemical Products Exporters' Union ...

When the economic seas become stormy, investors usually tend to seek out "safe haven" assets – low-risk, low-yielding financial vessels – in which to place their money. But, as in ...

The export of non-oil commodities since the beginning of the current Iranian year (March 20, 2020) via the southeastern port city of Chabahar has risen by 95 percent compared to ...

The Iranian government will soon divest parts of its shares in the Persian Gulf Star Oil Company (PGSCO) which runs the world’s largest refinery working on natural gas condensate. IRNA ...

Iran’s Oil Minister Bijan Namdar Zanganeh said the price of feedstocks supplied to refineries across the country would no longer be calculated using the free on board (FOB) system that ...

Iran’s defense industries have the capacity to export billions of dollars of military equipment after the expiring arms embargo is lifted in October based on the 2015 nuclear deal, said ...

Oil rose on Monday, with Brent touching the highest in five months, underpinned by a 30% cut in Abu Dhabi crude supplies and encouraging Chinese data even as global demand ...

The Zahedan-Chabahar railway, in the southeastern province of Sistan and Baluchestan, will become operational in the next Iranian year (starting March 21, 2021), said the head of Parliament’s Construction Committee. ...

Iran began the underwriting process for the shares of four major refineries that will be offered through Iran’s second exchange-traded fund (ETF) on Wednesday, and will continue until September 9. ...

Iraq’s Oil Minister Ihsan Abdul-Jabbar said his country is planning to produce its own gas to meet domestic needs, but imports from Iran will continue for the next five years. ...