Iran’s Oil Ministry launched some $1 billion worth of development projects in the gas-rich region of Bushehr in south of the country.
Iran opens $1b worth of projects in gas-rich Bushehr region
U.S. markets pointed toward more losses hours before the opening bell Monday after the chairman of the U.S. Federal Reserve indicated high interest rates will continue for some time to curb inflation.
US markets point to more losses on Fed’s inflation stance
Canada is taking a second crack at developing a liquefied natural gas (LNG) export industry on its west coast a decade after soaring costs and indigenous opposition derailed a previous wave of proposed LNG terminals.
Canada sees west coast LNG revival as world scrambles for gas
Hungary will continue talks with Russia on additional gas supplies and expects to reach a deal with Gazprom to boost supplies further from next month, Hungary's Foreign Minister Peter Szijjarto said on Monday.
Hungary seeks increased gas supplies from Gazprom - Foreign minister
Officials from Iranian northwestern province of East Azarbaijan inaugurated a power transmission line to Armenia, among over 2,000 electricity-related projects across Iran.
Iran launches new power transmission line to Armenia
The caretaker of Pars Oil and Gas Company (POGC), which is in charge of developing South Pars, Iran’s giant gas field in the Persian Gulf, put the amount of investment made in four complementary projects in South Pars at €712 million.
Iran allocates €712m for four South Pars complementary plans
Iran currently holds about 93 million barrels of crude oil and gas condensate stored on vessels in the Persian Gulf, off Singapore and near China ready to be injected into the market if the nuclear deal is revived, Bloomberg reported citing ship-tracking firm Kpler.
Iran ready to send 93m barrels of oil into market
The head of the international event Iran EXISCO referring to the holding of the exhibition and conference of IranEXISCO said: this exhibition provides a platform for a prosperous overseas trade by the presence of authorities and creates a suitable opportunity for investment, providing new technologies as well as modern industries for all member states.
EXISCO, an investment bedding for Shanghai members
Natural gas pipelines have reached Iran’s far eastern city of Zabol near the border with Afghanistan as Iran’s Oil Ministry pushes ahead with an ambitious plan to make natural gas available to almost the entire population in the country.
Natural gas pipelines reach Zabol in Iran’s far east
Figures by the Islamic Republic of Iran Customs Administration (IRICA) indicated that sales of petrochemical products reached over $9.14 billion in the five months to late August.
Iran sells over $9b worth of petrochemicals in April-August: IRICA

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