The first day of Iraq’s fourth energy auction resulted in just one successful bid, with four of the today’s six exploration fields receiving no bids from the 47 pre-qualified bidders.. A consortium of Kuwait Energy (40%), ...
Tags: first day, Iraq, energy auction, oil
Iran’s Oil Minister, Rostam Qasemi (pictured), says his country is expected to start exporting natural gas to Iraq by the end of the next Iranian year (to start March 21, 2013), reports the Iranian news agency PressTV. Last year, ...
Tags: Iran, Oil Minister, Rostam Qasemi, natural gas, Iraq
Iran has decided to keep its export ban on polymers like acrylonitrile butadiene styrene, general purpose polystyrene, high impact polystyrene, polypropylene, polycarbonates and epoxy resins despite having lifted a ban on exports of other ...
Tags: Iran, export ban, polymers, polymers market
Japan's largest refiner JX Nippon Oil & Energy has cut "slightly" its crude imports from Iran under a renewed annual contract beyond January 2013, company chairman Yasushi Kimura told Platts Monday. Speaking on the sidelines of a New Year ...
Tags: Japan, JX, crude imports, Iran
The Financial Express reported that amid continuous downtrend of the export volume Bangladesh has moved forward to increase shipment to Iran. Officials said that Bangladesh mainly exports raw jute and jute goods to the Muslim nation and ...
Tags: Bangladesh, shipment, Iran, raw jute, jute goods
For all the apocalyptic prognostications, 2012 turned out to be a relatively uneventful year from an information security standpoint. A cyber Pearl Harbor did not happen. Stuxnet and its kin did not take out any power grids or shut down ...
Tags: apocalyptic prognostications, 2012, information security, cyber
Mr Hassan Khosrojerdi chairman of the Union of Oil, Gas and Petrochemical Products Exporters said that Iran’s private sector oil exports have increased 15%, which shows the ineffectiveness of the Western sanctions imposed on the ...
Tags: Mr Khosrojerdi, Private Sector Oil, Rise, Metallurgy
Mr Vajihollah Jafari deputy industry minister said that over the past 3 years, Iran has discovered over 11 billion tonnes of minerals. Between March 2010 and March 2012, about IRR 1.6 trillion was invested in the field of mineral ...
Tags: Iran, minerals, mineral exploration, mining
MNA cited Mr Abbas Memarnejad, Customs Administration Director of Iranian, as saying that Iran conducted USD 71.2 billion in trade of non oil goods with other countries during the first nine months of the current Iranian calendar year, ...
Tags: Iran, non oil goods, exports, Iran economy
An unidentified official said that the United Arab Emirates started recovering an Iranian registered cargo ship that sank December 28th in stormy seas carrying a heavy load of fiberglass. The report said that 6 crew members were rescued ...
Tags: UAE, Iranian cargo ship, fiberglass, sunken cargo ship
It is reported that HRC 2 mm thickness experienced around IRR 4.6 million per tonne rise during week 52. Main reasons behind the rise are lower import level and higher ex rate. Other sizes of HRC were in the same trend as import level has ...
Tags: Iran, Steel Market, Week 52, Flat Products
Iran unveiled on December 26th Wednesday its newest domestically made container ship, named Iran-Shahrekord. The ship has 2200TEU capacity and has received all the necessary certificates from international institutes. Mr Mohammad ...
Tags: Iran, container ship, transport, ship
MNA reported that the National Development Fund of Iran has allocated USD 3 billion for financing petrochemical projects. IRNA report said that the sum will be channeled into 11 petrochemical projects, mainly in the west and the south of ...
Tags: Iran, financing petrochemical projects, NDF
MNA reported that the Planning Deputy for National Development Fund has reserves of the fund amounted to USD 43 billion with USD 7.7 billion allocated to 25 projects in oil and petrochemical industry. Mr Mohammed Dodangeh member of Board ...
Tags: NDF, Iranian, oil, petrochemical
MNA reported that Iran plans to extract some 400 million tonne of minerals by the end of the current Iranian calendar year(March 20,2013), IRNA quoted deputy industry minister Mr Vajihollah Jafari as saying that the figure will be around ...