Total:164
-
Today 17:14
By Mahnaz Abdi
ICOFC to recover 1.5mcf of flare gases per day based on a 4-year plan
TEHRAN- Iranian Central Oil Fields Company (ICOFC) is implementing a major zero-flare project, based on which the company will recover 1.5 million cubic feet (mcf) of flare gases per day based on a four-year plan by the end of the Iranian calendar year 1404 (March 2026), the managing director of the company announced.
-
Today 15:49
By Mahnaz Abdi
Iran’s annual petchem export stands at over $15b
TEHRAN- Iran exported petrochemical products valued at more than $15 billion in the past Iranian calendar year 1400 (ended on March 20), the managing director of National Petrochemical Company (NPC) announced.
-
Yesterday 17:51
By Mahnaz Abdi
‘IOTC prepared for maximum oil export’
TEHRAN- Iranian Oil Terminals Company (IOTC) is completely prepared for the maximum oil export, the managing director of the company stated.
-
Yesterday 17:36
By Mahnaz Abdi
Iran exports 17 bcm of gas in a year
TEHRAN- Iran exported 17 billion cubic meters (bcm) of gas in the past Iranian calendar year 1400 (ended on March 20), the managing director of National Iranian Gas Company (NIGC) announced.
-
2022-04-24 14:07
By Mahnaz Abdi
Knowledge-based approach, main priority of oil industry this year
TEHRAN- The current Iranian calendar year 1401 (began on March 21) is named “Production: Knowledge-Based and Job-Creating” by Leader of Islamic Revolution Ayatollah Seyed Ali Khamenei.
-
2022-04-19 13:45
By Mahnaz Abdi
‘Knowledge-based’ strongly supported by Industry, Mining, Trade Ministry
TEHRAN- The current Iranian calendar year 1401 (began on March 21) is named “Production: Knowledge-Based and Job-Creating” by Leader of Islamic Revolution Ayatollah Seyed Ali Khamenei.
-
2022-04-12 11:19
By Mahnaz Abdi
Development of greenhouses on agenda
TEHRAN- In recent years, the water crisis has caused serious challenges in Iran’s agriculture sector.
-
2022-03-08 15:08
By Mahnaz Abdi
Electronic permitting system a major step to develop businesses
In recent years, policymakers have taken steps to facilitate business activities by binding ministries and executive bodies to remove additional regulations and pave the way for economic activities, but what has happened in practice has been the reproduction of rules and regulations, which has made the condition more difficult for those active in the economic sector and the managers of enterprises.
-
2022-03-07 15:03
By Mahnaz Abdi
Mining sector facing shortage of machinery
TEHRAN- Three factors including the sanctions, rising forex rate, and improper management and policy in the production chain, maintenance, import and distribution of heavy machinery have caused serious damages to the mining production chain which if continue may lead to irrecoverable losses in this major part of national economy.
-
2022-03-02 11:44
By Mahnaz Abdi
Transit of goods via Iran increasing
TEHRAN- The policy of paying attention to neighbors and developing political and economic relations with neighboring countries in the current government, increasing attention to road and rail routes in the world and the efforts and cooperation of transportation and trade-related organizations in establishing or activating corridors through the country has led to significant growth in transit of goods through Iran.
-
2022-03-01 11:37
By Mahnaz Abdi
Factors expected to affect housing market in coming months
TEHRAN- The latest report released by the Central Bank of Iran (CBI) indicates that the average housing price rose 0.4 percent in the capital Tehran during the eleventh Iranian calendar month Bahman (ended on February 19), compared to its previous month.
-
2022-02-08 16:53
By Mahnaz Abdi
Annual petchem export expected to hit $14b by late March
TEHRAN- The value of Iran’s annual petrochemical export is expected to reach $14 billion in the current Iranian calendar year (ends on March 20), the managing director of National Petrochemical Company (NPC) announced on Tuesday.
-
2022-01-30 12:11
By Mahnaz Abdi
Challenges in extraction of gas from Khangiran field
TEHRAN- Khangiran gas field is one of the most remote gas fields of Iran that produces about 10 percent of gas consumed in the country.
-
2022-01-26 15:59
By Mahnaz Abdi
Iran serious to develop petro-refineries
TEHRAN- International energy companies predict that the demand for petrochemical products will increase significantly in the coming years, and therefore the development of petro-refineries seems a necessity in Iran.
-
2022-01-25 14:33
By Mahnaz Abdi
Bid Boland Refinery’s outstanding performance a year after its inauguration
TEHRAN- Persian Gulf Bid Boland Gas Refinery in Iran’s southwestern Khouzestan Province was officially inaugurated by the previous president Hasan Rouhani in mid-January, 2021.
-
2022-01-01 15:19
By Mahnaz Abdi
Government determined to support capital market
TEHRAN- Capital market in a country eliminates the enterprises’ need for external financing that requires forex rate risk; and plays an important role in risk sharing and the effectiveness of capital allocation in various economic sectors, and as a result increases economic growth and welfare in society.
-
2021-12-29 12:58
By Mahnaz Abdi
Iran, Iraq now more serious to complete Shalamcheh-Basra railway
TEHRAN- The connection of the railway from Iran’s southwestern Shalamcheh town to Basra city in Iraq has been among the issues pursued by the governments of the two countries for many years.
-
2021-12-25 11:00
By Mahnaz Abdi
Research, technology highlighted in oil industry
TEHRAN- In the recent years, especially after the re-imposition of U.S. sanctions, Iran has seriously pursued strengthening and developing knowledge-based, research and technology activities in all sectors, with the aim of empowering domestic production and nullifying the sanctions.
-
2021-12-14 10:52
By Mahnaz Abdi
Tax incomes highlighted in next year’s budget bill
TEHRAN – President Ebrahim Raisi submitted the administration’s draft of the national budget bill for the next Iranian calendar year 1401, which starts on March 21, 2022, to the Majlis on Sunday.
-
2021-11-17 14:40
By Mahnaz Abdi
Replacing worn-out equipment to reduce electricity consumption
TEHRAN- Iran has been facing some serious challenges regarding electricity supply over the past decade mainly due to the temperature rising and decrease of rainfalls.
-
2021-11-09 12:02
By Mahnaz Abdi
Private sector to develop renewable energy sector in Iran
TEHRAN- Renewables account for about seven percent of Iran’s total power generation, versus natural gas’ 90 percent share.
-
2021-11-05 11:41
By Mahnaz Abdi
Unprecedented leap in agricultural mechanization development indicators
As the world's population grows, the importance of agriculture and meeting human needs through agriculture is increasing day by day.
-
2021-10-16 15:26
By Mahnaz Abdi
Iran’s steel sector still booming despite sanctions
After the withdrawal of the United States from Iran’s nuclear deal, the Islamic Republic has faced sanctions in various industries, including steel sector.
-
2021-10-11 14:57
By Mahnaz Abdi
Capital market boom, a golden opportunity to finance enterprises
TEHRAN- Financing in Iran has been traditionally the responsibility of the banking system.
-
2021-09-28 13:44
By Mahnaz Abdi
Exploration operation seriously pursued in mining sector
TEHRAN- Iran has 68 different types of minerals. The country’s proven iron ore reserves are 2.7 billion tons, and copper ores are 2.6 billion tons.
-
2021-09-25 16:34
By Mahnaz Abdi
Promoting shareholder culture to elevate capital market’s role
TEHRAN- Secure investment is always one of the concerns of individuals in society. For a long time, people have been looking to make the best use of their savings and market resources, so that while maintaining its value against inflationary shocks, they can benefit from the growth of their capital by creating value.
-
2021-09-18 17:02
By Mahnaz Abdi
Fixed income funds overtake banks in attracting people's investment
TEHRAN- It’s over two years that stock market in Iran has been playing an outstanding role in the attraction of the people’s investment.
-
2021-09-13 12:03
By Mahnaz Abdi
Industry Ministry determined on massive offering of goods through commodity exchange
In a bid to bring transparency of prices to the markets of some major goods, Iran’s government is determined to offer such commodities through the commodity exchange.
-
2021-09-11 14:58
By Mahnaz Abdi
Oil, gas refining capacity rising, more investment required
TEHRAN- Despite all the external challenges like the coronavirus pandemic and the U.S. sanctions, the Iranian oil and gas sector has been developing at a fast pace and the country is passing new milestones in this industry every day.
-
2021-08-23 16:50
By Mahnaz Abdi
Offering cement on commodity exchange, a right decision?
The market of cement, which is one of the most important constructional materials, has witnessed huge turmoil in Iran in the past three months, that has been unprecedented in the history of production and consumption of this product.