Tuesday 3 May 2016
 
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Iran

Iran bans import of Chevrolet cars

Iran has banned the import of Chevrolet cars, a week after Supreme Leader Ayatollah Ali Khamenei criticised imports of US autos and asked the government to support domestic production. The semi-official Mehr news agency quoted an

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Iran bans import of Chevrolet cars

Iran has banned the import of Chevrolet cars, a week after Supreme Leader Ayatollah Ali Khamenei criticised imports of US autos and asked the government to support domestic production. The semi-official Mehr news agency quoted an

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Iran, South Korea to triple trade volume to $18bn

Iran and South Korea are planning to triple their annual trade volume to $18 billion, Iran’s President Hassan Rouhani announced recently following the meeting with his South Korean counterpart Park Geun-Hye. The two sides de

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Iran enlists Kogas to commission oil pipeline

Iran has enlisted Korea Gas Corporation (Kogas) to engineer and launch Iran's 9th and 11th cross-country pipeline project, based on an agreement signed with National Iranian Gas Company (NIGC), a report said. The memorandum of

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Iran oil exports to S Korea rise four-fold

Iran's oil exports to South Korea have more than quadrupled to 400,000 barrels a day since international sanctions were lifted in January, Oil Minister Bijan Zanganeh was quoted as saying on Sunday by the Shana news agency. Ir

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Polish team to discuss energy investment in Iran

A 35-member delegation from Polish oil and gas companies will discuss Iranian oil and gas projects and investment in the field at the upcoming International Oil and Gas Exhibition in Tehran, Iran, a report said. Ramin Mehmanparast

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Moderates make gains in Iran run-off election

Moderate candidates allied to President Hassan Rouhani came out strongest in a second round of parliamentary elections in Iran, unofficial results showed on Saturday, but they appeared unlikely to win an overall majority. The resu

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Opec oil output near record high in April

Opec's oil output rose in April to close to the highest level in recent history, a Reuters survey found on Friday, as production increases led by Iran and Iraq more than offset a strike in Kuwait and other outages. Top exporte

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Iran eyes March launch for major refinery

National Iranian Oil Refinery and Distribution Company (NIORDC) is planning to launch a major refinery project by March, 2017, a report said. The first phase of the Persian Gulf Start Refinery, a gas condensate refinery, will go o

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Austrian companies plan joint ventures with Iran

The Austrian government plans to set up joint ventures with Iran in the industrial and mineral sectors, a senior Austrian official said in a report. Economy minister of the Austrian Federal Government Petra Bohuslav made the remar

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