Iran Digging for New Gas Reserves in Persian Gulf

Iran has launched a scheme to explore and use new undersea gas reserves in the Persian Gulf, considering an inevitable drop of pressure at the giant South Pars gas field, shared with Qatar.

Iran to Produce All Medicine It Needs in 3 Years: Minister

Iran will achieve self-sufficiency and produce all the medicine it needs in three years’ time, says Minister of Health and Medical Education Saeed Namaki.

Saudi Oil Output Cut by Half after Yemeni Drone Attacks

Attacks by 10 Yemeni drones against two plants at the heart of Saudi Arabia’s oil industry have knocked out more than half of the Kingdom’s output.

Hawkish Senator Calls for Bombing Iran’s Refineries after Aramco Attacks

Hawkish American Senator Lindsey Graham has says the US should mull bombing Iranian oil refineries if Tehran continues boosting its nuclear enrichment to higher grades.

Saudi Oil Facilities Set Ablaze by 10 Yemeni Drones

Several drones flown by Yemen’s Ansarullah movement have set alight two major oil facilities run by the state-owned company Aramco in Saudi Arabia in retaliation for the Riyadh-led attacks on Yemen.

Bread, Grain Industry Exhibit Opens in Tehran

The 12th International Bread, Flour and Grain Industry Exhibition has kicked off in the Iranian capital, Tehran.

New Phase of South Pars Gas Field to Become Operational: Oil Minister

Iran’s oil minister says the status of phase 11 of the South Pars Gas Field as well as Farzad B Gas field will be settled this year.

Prominent Iranian Businessman Asgaroladi Dies at 86

The head of Iran-China Joint Chamber of Commerce and leading Iranian businessman Asadollah Asgaroladi passed away on Friday at the age of 86.

Iran’s Non-Oil Exports Rise by 136%

Iran’s non-petroleum exports have registered a considerable rise in 2019 over the previous year.

Iran’s Oil Tanker Adrian Darya Reaches Destination: Spokesman

The spokesperson for Iran’s Foreign Ministry says the country’s supertanker ‘Adrian Darya-1’ has reached its destination and unloaded its cargo.

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