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The Iranian petroleum minister says Tehran welcomes barter trade in the oil sector now that the country is under the harshest sanctions ever.
Iran’s Energy Minister says all-out economic relations between Iran and Afghanistan must be developed, especially in the energy sector.
President of the Islamic Republic of Iran Hassan Rouhani has highlighted his administration’s major achievements in the oil, gas and petrochemical industries, saying the country’s natural gas delivery system is globally unique.
The Islamic Republic of Iran is to turn its Jask port in the south of the country into a major hub of oil exports.
Iranian Minister of Energy Reza Ardakanian says the Islamic Republic is the leading country in the region in terms of installed power generation capacity.
Iran’s government spokesman says shares of four refineries will begin to be offered to the public soon.
An analyst says recent developments indicate the world economy will no longer be dependent on oil revenues in the future.
Iranian oil minister says the OPEC alone cannot solve the problem of the oil market, noting that resolution of the oil market issues requires global cooperation.
Iran’s largest hydro power plant will be constructed in central Yazd province with foreign investment.