$1 = Iranian Rials


RSS Economic News

RSS Energy News

  • Iran to export first Phase 17&18 butane cargo June 24, 2017
    TEHRAN, June 24 (Shana) -- The operator of South Pars phases 17 and 18 said the first butane cargo belonging to the projects will be loaded and exported before July.
  • Khark Oil Terminal's Export Capacity Hits 8 mbd June 24, 2017
    TEHRAN, June 24 (Shana) -- The managing director of Iranian Oil Terminals Company (IOTC) says Khark Oil Terminal can load up to 8 million barrels per day of oil on vessels now that it has 9 active docks.
  • Iran Sees Enhanced Export of Oil Products from Rajaei Port June 24, 2017
    TEHRAN, June 24 (Shana) -- Ports and Maritime Organization of Iran is to launch three new docks at Shahid Rajaei Port to bring the facility's export capacity to 34 million tons of petroleum products annually.
  • Iran starts Gas Export to Iraq June 24, 2017
    TEHRAN, June 24 (Shana) -- Iran has started exporting natural gas to neighboring Iraq, a senior Iranian oil official said.
  • US Crude Output Hike Cause of Oil Price Slump: Iran June 21, 2017
    TEHRAN, June 21 (Shana) -- Iranian Minister of Petroleum Bijan Zangeneh says the unexpected rise in US crude oil output has been the reason behind falling oil prices in the market.