Purchasing 15 new drilling rigs for oil, gas industry on agenda
The National Iranian Drilling Company plans to purchase 15 new drilling rigs to enhance the country's oil and gas exploration and production capabilities.
Iran exports non-oil goods worth $937m to Turkey in a quarter
Iran exported non-oil goods worth $937 million to Turkey in the first quarter of the current Iranian year, highlighting the importance of the Turkish market.
South Pars 8th refinery launches major overhaul
The eighth refinery of the South Pars Gas Complex has begun a major overhaul, with over 250,000 man-hours scheduled for maintenance and repairs.
CBI praised for ensuring economic security during 12-day conflict
A senior ICCIMA member praised the CBI's rapid allocation of foreign currency for essential imports, which played a vital role in maintaining economic security during the recent 12-day conflict.
Iran leads global oil output growth with 13% rise in 2024
Iran recorded the highest increase in crude oil production among all countries in 2024, boosting its daily output by an impressive 374,000 barrels, marking a significant 13% rise.
Spring auto output slows as production falls by 39,000 units
Iran's three major automakers produced 192,725 passenger vehicles in the first quarter, a decline of 39,290 units compared to the same period last year.
Iran urges easier admission of new members to BRICS Development Bank
Iran's Central Bank delegation at the BRICS finance summit urged the New Development Bank to simplify the admission process for new members, allowing more countries to access funding for infrastructure and sustainable development projects.
Iran exports non-oil products valued at $420m to Pakistan in a quarter
Iran exported non-oil commodities worth $420 million to Pakistan during the first quarter of the current Iranian year, according to IRICA.
Iran warns energy producers must not be targeted, citing threat to global stability
Iran's Oil Minister warned against military action targeting energy producers, stating it violates international law and threatens global stability. He urged peace and cooperation to ensure a secure energy supply.
Beijing hosts 106th general assembly of International Union of Railways
The 106th General Assembly of the International Union of Railways was held in Beijing, bringing together key rail industry stakeholders to discuss critical issues, share best practices, and chart the future of global rail transportation.