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IFX climbs 29% in a month

28 May 2020 - 03:03
IFX, the main index of Iran’s over-the-counter (OTC) market known as Iran Fara Bourse (IFB), rose 29 percent in the second Iranian calendar month of Ordibehesht (April 20-May 20), Tasnim news agency reported.

IRENEX hosts 5 offerings of gas condensate, fuel oil in 50 days

9 May 2020 - 02:52
Since the start of the current Iranian calendar year (March 20), Iran Energy Exchange (IRENEX) has held two offerings of gas condensate and three offerings of Mazut (fuel oil) at its international ring, National Iranian Oil Company (NIOC)’s representative in IRENEX announced.

GOOs trading platform to offer tailored auctions

20 March 2020 - 20:27
Malta-based renewable energy trading platform Commerg will allow individual counterparties to host auctions from the beginning of next week.

China transport activity picks up as coronavirus slows

24 February 2020 - 17:14
China's transport sector is continuing to resume operations amid signs the country's coronavirus outbreak is slowing. But activity remains significantly below normal levels.

Iran’s Pet-Chem Exports Rising Despite Sanctions

15 December 2019 - 17:04
New report shows that neighboring countries are increasing their purchase of Iran’s petrochemical products through a local energy exchange where more than $200 million sales have been recorded just in last week.

‘Lack of “futures”, main barrier in the way of IRENEX success’

27 November 2019 - 02:43
Nearly a year after National Iranian Oil Company (NIOC), for the first time, decided to offer crude oil and gas condensate at Iran Energy Exchange (IRENEX) as a new strategy to relief the pressures of the U.S. sanction, unfortunately no more than two million barrels have been sold.

NIOC to Sell 6mln Barrels of Crude Oil, Condensates at Energy Exchange on Monday

14 November 2019 - 18:27
The National Iranian Oil Company (NIOC) plans to offer 6 million barrels of crude oil and condensates on the Iran Energy Exchange (IRENEX) on November 18.

Iran Posts Record Sales of LPG through Energy Bourse

12 November 2019 - 17:57
A new record has been registered in the daily sale of liquefied petroleum gas (LPG) produced in Iranian refineries and supplied through a local bourse mechanism, as reports recount that around 115 million liters of the fuel has been very recently sold in one single exchange.

NIOPDC to offer 20,000 tons of kerosene at IRENEX on Monday

2 November 2019 - 21:05
National Iranian Oil Products Distribution Company (NIOPDC) is going to offer 20,000 tons of kerosene at the international ring of Iran Energy Exchange (IRENEX) on Monday, ISNA reported.

Russia to Open LC for Building Power Plant in Iran Soon: Official

1 November 2019 - 17:31
The managing director of Iran’s Thermal Power Plants Holding Company (TPPH) said Russia is slated to give the Islamic Republic a loan of €1.2 billion in form of LC (Letter of credit) to construct a major power plant in Iran’s southern city of Sirik.
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