Mohamed Yassin’s minimarket occupies a prime spot in Khartoum but its shelves are largely empty as a plummeting currency and slew of subsidy cuts pushes prices up and customers away.
“…
A boom in electric vehicles made by the likes of Tesla Motors Inc. could erode as much as 10% of global gasoline demand by 2035, according to the oil industry consultant Wood Mackenzie Ltd.
Russia's largest private oil company Lukoil expects that oil prices will be around $60 per barrel in 2017, Lukoil vice president Leonid Fedun said.
"Over the next year the price of $60 per…
OPEC will meet non-OPEC countries to iron out the details of a global oil limiting pact on December 10 in Vienna, two sources told Reuters on Saturday. Two OPEC sources earlier said the meeting…
Iran's natural gas production from the giant South Pars Gas Field will reach 515 million cubic meters per day by the end of this month as total production is planned to exceed 540 mcm/d by the end…
OPEC’s agreement to cut production for the first time in eight years has the potential to balance the oil market, as long as everyone sticks to it, former Saudi Arabia oil minister Ali al-Naimi…
New loading facilities have been installed off the coast of Asaluyeh in southern Bushehr Province to enhance export of gas condensates via large vessels.
A historic deal OPEC struck on Wednesday to cut oil output and place production ceilings for each member was a major victory for both Iran and Saudi Arabia, says an economist.
The…
US Secretary of State John Kerry said the July 2015 nuclear deal between Iran and world powers has removed a major source of confrontation in the Middle East. Kerry made the statement at the…
Canadian Premier Justin Trudeau said his administration is willing to promote interaction with Iran and exchange diplomatic missions, although it is cautious in its efforts.
"It's…
Foreign Minister Mohammad Javad Zarif said extension of anti-Iran sanctions by the US Congress will have n.utive effect", but indicates the US government's unreliability.
Speaking to…
A lawmaker cautioned against any impulsive retaliatory response against the US Senate vote on the Iran Sanctions Act's extension that could embolden the United States in its blame game against the…
Donald Trump's transition team is examining proposals for new non-nuclear sanctions on Iran.
The Financial Times cited congressional sources who have been in contact with the US president-…
The European Union has taken into consideration the decision of the US Senate to extend sanctions against Iran and will wait for the completion of the legislative process, the European External…
Iran’s Ambassador in Moscow Mehdi Sanaei underlined that Tehran and Moscow have boosted cooperation in the war on terrorism.
“Terrorist groups pose a threat to the entire world and…
The Iran Blood Transfusion Organization has set an ambitious target of collecting 900,000 liters of blood plasma by the end of the current fiscal year in March 2017 with the help of its charity…
If your colleagues’ munching loudly on their lunch is driving you mad then you’re not alone.
Noisy or messy eaters, alongside moaning, were among the top complaints of 1,000 office workers…
The Supreme Court of Iran has upheld the death sentence for the infamous oil billionaire Babak Zanjani, said Gholamreza Ansari, supervising deputy at the Supreme Court, news outlets reported. The…
An earthquake measuring 4.1 degrees on the Richter scale jolted Rigan County, in Kerman Province, early Saturday. According to the Geophysics Institute of Tehran University, the tremor occurred at…
The secretariat of the First International Congress of Citizenship Rights is holding a public contest on citizenship rights in the Iranian constitution, said event secretary Moones Keshavarz. The…
The threat of HIV/AIDS is not an illusion. “It is very real and very close,” said Health Minister Hassan Qazizadeh Hashemi on the occasion of World AIDS day on Thursday.
Heavy rainfall and floods over the past few days have affected 16 cities and villages in eight provinces of West Azarbaijan, Isfahan, Ilam, Chaharmahal and Bakhtiari, Khuzestan, Kohgiluyeh and…
Over one million blood units were donated during the first eight months of the current Iranian year that began in March, said spokesperson for the Iranian Blood Transfusion Organization. “This is…
Modiran Vehicle Manufacturing (MVM) has brought a new Chery model to Iran for testing before it goes on official sale. According to local automotive news website Asbe Bokhar, the new car, the MVM…
The central dealership of Iran’s second largest auto manufacturer, SAIPA, opened in Lebanon on Friday.
Senior officials from both countries attended the inauguration,…
