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  • Iran oil Today 13:04

    Iran tops OPEC nations in Q1 oil revenue increase

    TEHRAN – Iran’s oil revenue has increased about $15 million per day (m/pd) in the first quarter of 2017 compared to the last quarter of 2016, Bloomberg reported citing International Energy Agency (IEA).

  • CRA pipes deal Yesterday 19:11

    By Mahnaz Abdi

    Iran signs $630m deal to produce strategic oil equipment

    TEHRAN - By signing a contract worth $630 million with an Iranian-Spanish consortium on Wednesday, Iran joined the world’s manufacturers of special pipes, which are of strategic importance in the oil and gas industry.

  • NITC 2017-05-23 23:08

    NITC inks 70 leasing deals in post-sanctions era

    TEHRAN – The National Iranian Tanker Company has signed 70 deals since the removal of sanctions in January 2016 for leasing out tankers to large foreign companies.

  • oil-price 2017-05-23 20:07

    Iran sells crude oil at $45.21 per barrel in a week

    TEHRAN- Iran sold its light crude oil at $45.21 per barrel in the week ended on May 12, with 21 cents decrease from its previous week, IRNA reported on Tuesday.

  • Zanganeh 2017-05-23 20:06

    Iranian oil minister heading to Vienna for OPEC meeting

    TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh will leave Tehran for Vienna today to attend the 172st meeting of the Organization of the Petroleum Exporting Countries (OPEC) which is due to be held on Thursday, Shana reported.

  • Jahangiri 2017-05-22 19:37

    West Karoun oilfields, IP gas pipeline projects prioritized

    TEHRAN - Iran’s First Vice-President Es’haq Jahangiri has tasked the Oil Ministry with implementing 11 prioritized projects in the oil and gas sector by the end of the current Iranian calendar year (March 20, 2018).

  • NITC 2017-05-22 09:14

    NITC, Indian refiners ready to expand cooperation

    TEHRAN- National Iranian Tanker Company (NITC) Managing Director Sirous Kianersi said that in his meeting with Indian Petroleum and Natural Gas Minister Dharmendra Pradhan he has announced NITC’s readiness for the continuous and safe shipment of Indian refineries’ products.

  • Fakhrieh 2017-05-21 20:30

    No negotiations with Russia, China over purchasing airplanes

    TEHRAN- Iranian Deputy Transport Minister Asghar Fakhrieh Kashan announced on Sunday that Iran has held no talks with Russia and China over buying aircrafts from them, IRNA reported.

  • Hamidreza Araqi 2017-05-21 19:11

    Persian Gulf nations tend to buy Iranian gas

    TEHRAN – The National Iranian Gas Company’s managing director Hamidreza Araqi told IRNA on Sunday that Persian Gulf nations are willing to buy Iranian gas.

  • Jahangiri 2017-05-20 19:49

    First VP announces prioritized economic programs

    TEHRAN- Iran’s First Vice-President Es’haq Jahangiri has tasked the Ministry of Finance and Economic Affairs with implementing 14 prioritized programs by the end of the current Iranian calendar year (March 20, 2018).

  • Iran-OPEC 2017-05-19 22:20

    By Ebrahim Fallahi

    OPEC meeting: another winning chance for Iran

    As one of the key players in the world’s political and economic turnovers, oil market has been witnessing lots of ups and downs in recent years.

  • electricity export 2017-05-19 17:47

    Iran's 2-month electricity exports tripled

    TEHRAN-Iran's exports of electricity to its neighboring countries tripled in the first two months of the current Iranian calendar year, which began on March 21, compared to the same period last year, Fars news agency reported on Friday quoting an energy official.

  • integrate bank card systems 2017-05-17 19:27

    Iran, Russia integrate bank card systems

    TEHRAN- Iran and Russia integrated their bank card systems with each other for the citizens of both sides to be able to use their bank cards in each other's countries, Public Relations Department of Central Bank of Iran (CBI) announced.

  • Iran-Spain 2017-05-17 19:27

    Tehran, Madrid sign MOU on railway co-op

    TEHRAN – Islamic Republic of Iran Railways (IRIR) and Spain’s Administrator of Railway Infrastructures (known as Adif) signed a memorandum of understanding on Tuesday for railway cooperation, IRNA reported.

  • ATR 2017-05-17 19:24

    Iran Air receives 4 ATR airplanes

    TEHRAN- Iran’s national flag-carrier Iran Air formally took delivery of the first four of the passenger jets purchased from the European plane maker ATR, on Wednesday, IRNA reported.

  • khosrotaj 2017-05-17 08:33

    Iran’s post-sanctions export markets nearly double

    TEHRAN - After the implementation of nuclear deal in January 2016, the number of countries which import Iranian goods increased to 15 from the eight destinations before the deal, ILNA reported on Tuesday quoting a trade official.

  • ATR 2017-05-16 19:11

    4 ATR airplanes to arrive in Tehran tomorrow

    TEHRAN- The first four of the passenger jets, 72-600 turboprop aircraft, purchased from the European plane maker ATR, will land in Tehran’s Mehrabad International Airport on Wednesday, Iranian Deputy Transport Minister Asghar Fakhrieh Kashan told IRNA on Tuesday.

  • Fakhrieh 2017-05-16 09:27

    9 foreign financers ready to fund Iran’s plane purchase

    TEHRAN- Iranian Deputy Transport Minister Asghar Fakhrieh Kashan announced on Monday that none foreign financing companies from Asia and Europe have voiced willingness to fund Iran’s purchases of airplanes from giant airplane manufacturers, IRNA reported.

  • Putin 2017-05-15 21:02

    EAEU, Iran agree on consultation co-op: Putin

    TEHRAN- Eurasian Economic Union (EAEU) and Iran have agreed to launch consultation cooperation, Russian President Vladimir Putin said on Monday.

  • Akhundi 2017-05-15 19:42

    Iran plans 800km railway network expansion by March 2018

    TEHRAN – The national railway network is projected to be expanded by 838 kilometers in the current Iranian calendar year, which ends on March 20, 2018, IRNA quoted transport minister as saying.

  • Economy 2017-05-14 20:43

    By: Haniyeh Sadat Jafariyeh

    Rouhani’s economic legacy

    The presidential election is scheduled for Friday in Iran. If the incumbent president Hassan Rouhani loses the bid for re-election, the next president will take office in less than three months. In that case, what economic achievements will the next president inherit from Rouhani?

  • S.Africa 2017-05-14 19:28

    Iran-S. Africa trade planned to hit $2b by 2021

    TEHRAN- Iran and South Africa have planned to boost the volume of their bilateral trade up to $2 billion by 2021, an official in Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Shahram Khasipoor announced on Sunday, IRNA reported.

  • ATR Aircraft 2017-05-13 20:00

    Iran to receive 4 ATR airplanes by Friday

    TEHRAN - Turboprop maker ATR has pledged to deliver 9 airplanes to Iran by the end of 2017, and is to deliver four of the accorded aircrafts by Friday.

  • Silk Road 2017-05-13 08:18

    Iran welcomes China’s new Silk Road initiative

    TEHRAN- Iranian Minister of Finance and Economic Affairs Ali Tayyebnia has welcomed the idea of reviving the Silk Road proposed by China, underlining that the plan will fortify ties and solidarity among countries along the ancient road.

  • Chitchian 2017-05-13 08:18

    Over 11,000km of water supply networks built in villages in a year

    TEHRAN –Over 11,000 kilometers of water supply networks were built in Iran’s rural areas during the last Iranian calendar year (March 2016-March 2017), IRNA reported quoting the Energy Minister Hamid Chitchian.

  • OMV 2017-05-13 08:15

    OMV says talks with NIOC on settlement almost finished

    TEHRAN- The chief executive of Austrian energy group OMV said on Thursday that talks with National Iranian Oil Company (NIOC) on settling outstanding claims which have hindered OMV from investing more in the country were almost finished.

  • France in Iran Oil Show 2017-05-11 19:08

    By Mahnaz Abdi

    PÔLE AVENIA considers Iran ‘a market for future’

    TEHRAN - French governmental cluster PÔLE AVENIA considers Iran a market for the future of its companies, its general manager Jérôme Porfirio told the Tehran Times in the 22nd International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2017). The exhibition was held at the Tehran Permanent International Fairgrounds from May 6 to 9.

  • Iran-US 2017-05-10 19:12

    U.S. company to help Iran build equipment for oil, gas industry

    TEHRAN – An American company is to start cooperating with Iran on manufacturing oil and gas equipment for the country, IRNA reported on Wednesday quoting an Iranian official.

  • Oil Show 2017-05-09 19:55

    By Mahnaz Abdi

    Europeans see huge potential in Iran’s energy market

    TEHRAN- European exhibitors participating in the 22nd International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2017) believe that there is huge potential for business in Iran’s oil, gas and petrochemical sectors.

  • oil layer 2017-05-08 19:35

    Iran starts exports from South Pars oil layer

    TEHRAN – Iran exported the first cargo of crude oil to the tune of 700,000 barrels from the South Pars oil layer last week.