Electricity consumption exceeds 66,000 MW as temperature rises againElectricity consumption exceeds 66,000 MW as temperature rises again

TEHRAN - Daily electricity consumption in Iran reached 66,538 megawatts (MW) on Tuesday to register a 3,002 MW increase compared to the same date last year, according to the data released by Iran Grid Management Company (IGMC).

While the weather in some parts of the country had cooled down a bit in recent days due to rainfall, since Tuesday with

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Processing capacity of Iran&s petro-refineries to reach 3m bpd by 2026Processing capacity of Iran’s petro-refineries to reach 3m bpd by 2026

TEHRAN – Iran’s Expediency Discernment Council has obliged Oil Ministry to take the necessary measures for increasing the capacity of the country’s petro-refineries to at least three million barrels per day (bpd) in the Seventh Five-Year National Development Plan (2021-2026).

The decision was made in an extraordinary meeting of the council on

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TEDPIX rises 7,300 points on WednesdayTEDPIX rises 7,300 points on Wednesday

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), gained 7,338 points on Wednesday.

As reported, TEPIX closed at 1.437 million points, as over 5.772 billion securities worth 36.061 trillion rials (about $129.7 million) were traded at the TSE.

The first market’s index rose 5,497 points, and the second market’s index gained 14,403 points.

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Knowledge-based firms fully supported in developing gas storage facilitiesKnowledge-based firms fully supported in developing gas storage facilities

TEHRAN- The current Iranian calendar year 1401 (began on March 21) is titled “Knowledge-Based and Job-Creating Production”.

In line with materializing the motto of the year, Oil Ministry and all of its subsidiaries have announced strong determination and prepared plans to this end.

National Iranian Gas Company (NIGC), as one of the four major

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Iran calls for establishing technical-engineering consortiums with CIS membersIran calls for establishing technical-engineering consortiums with CIS members

TEHRAN – Iranian Transport and Urban Development Minister Rostam Qasemi met with Director of the Intergovernmental Council of the Roads Management of the Commonwealth of Independent States (CIS) Bouri Karimov in Tehran on Tuesday to discuss the expansion of transportation ties among CIS members.

In the meeting, Karimov invited Iranian companies to

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TPO inks co-op MOU with major Russian trade organizationTPO inks co-op MOU with major Russian trade organization

TEHRAN – Iran’s Trade Promotion Organization (TPO) has signed a memorandum of understanding (MOU) with All-Russia Business Association "Delovaya Rossiya" (Business Russia) for cooperation in facilitating trade between the two countries.

The MOU was signed by TPO Head Alireza Peyman-Pak and President of Business Russia Alexey Repik in an online

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