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Over $1.6b to be allocated for flood compensation

Over $1.6b to be allocated for flood compensationTEHRAN - Head of Iran's Planning and Budget Organization Mohammad Baqer Nobakht announced on Wednesday that at least 70 trillion rials (about $1. 66 billion) is going to be allocated for compensating losses incurred to those who have been affected by recent floods in the country....
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Cutting overhaul period in SP refineries raises output by 7.4 bcm

Cutting overhaul period in SP refineries raises output by 7.4 bcmTEHRAN – The output of South Pars gas refineries (in Southern Iran) is going to increase by over seven billion cubic meters (bcm) by cutting their overhauling period, Sha...
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Netherlands stresses expansion of agriculture co-op with Iran

Netherlands stresses expansion of agriculture co-op with IranTEHRAN- Netherlands Ambassador to Iran Jacques Werner stressed expansion of cooperation with Iran in the field of agriculture, ILNA reported on Wednesday....
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NIOC in talks with Chinese company for South Pars phase 11 project: Zanganeh

NIOC in talks with Chinese company for South Pars phase 11 project: ZanganehTEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said National Iranian Oil Company (NIOC) is in talks with a Chinese company for completing the South Pars phase 11 pro...
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Iran to award 5 oil projects to domestic firms in near future

Iran to award 5 oil projects to domestic firms in near futureTEHRAN – National Iranian Oil Company (NIOC) is planning to award five oil exploration and development projects to domestic companies, ISNA reported quoting an official w...
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