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  • Iran-Brazil 2017-07-11 09:23

    Iran-Brazil Joint Chamber of Commerce opened

    TEHRAN- Iran-Brazil Joint Chamber of Commerce was officially opened in Tehran on July 9, IRIB reported.

  • oil-exports 2017-07-11 09:17

    Iran's June crude oil exports stand at 2.15m bpd

    TEHRAN – Iran’s oil exports to Europe and Asia stood at 2.15 million barrels per day (bpd) in June, IRNA reported on Monday citing Oil Ministry’s website.

  • PEDEC 2017-07-10 18:31

    By Mahnaz Abdi

    27% rise in West Karoun output planned

    TEHRAN- Oil production from West Karoun oilfields in southwest Iran is planned to reach 368,000 barrels per day (bpd) by the end of the current Iranian calendar year (March 20, 2018), a 27 percent rise compared to its current annual output.

  • oil-price 2017-07-10 09:51

    Iranian light crude’s weekly price up $1.79

    TEHRAN – The price of Iran’s light crude oil in the week ended on June 30 rose $1.79 to stand at $43.82 per barrel, IRNA reported.

  • Sri Lanka 2017-07-10 09:35

    By Ebrahim Fallahi

    Sri Lanka celebrates 150th anniversary of its tea industry in Tehran

    Tehran – Along with Sri Lanka’s embassies all around the world, the Asian country’s embassy in Tehran celebrated the 150th anniversary of Ceylon tea on July 6.

  • Turkey 2017-07-09 20:03

    Tehran, Ankara moving toward free trade

    TEHRAN – Iran and Turkey have agreed on enhancing bilateral relations through negotiating a free trade agreement.

  • Industry 2017-07-09 09:09

    Market expansion Iran’s top priority in post-sanctions economy

    TEHRAN- Addressing a ceremony on the occasion of Iran’s Industry and Mine National Day on Saturday, Iranian First Vice President Es’haq Jahangiri referred to market expansion as administration’s top economic priority in post sanctions era, IRNA reported.

  • Gas-exports 2017-07-09 08:52

    Gas exports to neighboring countries, India prioritized

    TEHRAN - Neighboring countries and India are Iran’s top priority for gas exports and Europe is not one for now, Iranian Deputy Oil Minister for International Affairs and Trading Amir-Hossein Zamaninia told IRNA.

  • oil-exports 2017-07-08 19:28

    Iran’s 2016 oil exports up over 77%: OPEC

    TEHRAN – Iran’s oil exports in 2016 reached 1.921 million barrels per day (bpd), a 77.6 percent rise compared to 2015, according to OPEC’s latest Annual Statistical Bulletin report.

  • Khazaie 2017-07-07 17:40

    Iran guaranteed $12b foreign investment in 2016

    TEHRAN - The head of Organization for Investment, Economic and Technical Assistance of Iran (OIETAI) said in 2016 Iran issued banking guarantees for nearly $12 billion worth of foreign investment in the country.

  • Hitachi 2017-07-07 01:53

    Hitachi inks deal to equip Iranian refinery

    TEHRAN – Japan’s Hitachi has signed a deal to supply vapor recovery units (VRU) and compressors to Iran’s Bidboland Gas Refinery in southwestern Khuzestan province, Shana reported without giving further details.

  • Auto 2017-07-07 01:52

    Iran’s auto sector to rise GDP share by 70%

    TEHRAN- The share of Iran’s auto industry in the country’s gross domestic product (GDP) is projected to rise by 70 percent in the current Iranian calendar year 1396 (March 2017-March 2018) compared to four years ago.

  • Maersk 2017-07-05 19:25

    Maersk, NIOC negotiating on oil project

    TEHRAN – Danish conglomerate Maersk Group is in talks with the National Iranian Oil Company for development of South Pars gas field’s oil layer in the Persian Gulf.

  • NITC 2017-07-04 19:22

    Post-sanctions NITC inks 76 leasing deals

    TEHRAN –National Iranian Tanker Company (NITC) has signed 76 deals since the removal of sanctions in January 2016 for leasing out tankers to large foreign companies including European ones, managing director of the company, Sirous Kianersi, announced on Tuesday.

  • petchem 2017-07-04 19:21

    Total eyeing $2b investment in Iran’s petchem sector

    TEHRAN - Iran and Total have reached agreement on the construction of three petrochemical plants that if comes to a deal the French oil giant will invest $1.5-$2 billion in Iran.

  • قطار شهری 2017-07-04 15:24

    Italy to ink €1.2b railway MOU with Iran

    TEHRAN – Italy’s state railway company, Ferrovie, will sign a memorandum of understanding, worth €1.2 billion, with the Islamic Republic of Iran Railways (IRIR).

  • امضای قرارداد توسعه بخش فرا ساحل فاز ۱۱ پارس جنوبی 2017-07-03 18:50

    Total, CNPC seal $5b gas deal with Iran

    TEHRAN - Iran signed a deal with France’s Total and China’s state-owned National Petroleum Corporation (CNPC) for development of phase 11 of its South Pars gas field, Shana reported on Monday.

  • Gas 2017-07-02 20:00

    Gas to be supplied to 900,000 subscribers by Mar. 2018

    TEHRAN- Gas will be supplied to 900,000 subscribers throughout the country by the end of current Iranian calendar year (March 20, 2018), according to an official at the National Iranian Gas Company (NIGC).

  • South Pars 2017-07-02 09:02

    South Pars phase 12 annual output nears 20bcm

    TEHRAN- Some 19.865 billion cubic meters of gas was produced in phase 12 – the biggest phase - of Iran’s South Pars gas field during the past Iranian calendar year (ended on March 20).

  • نفت گاز نفتکش 2017-07-01 19:33

    Asian imports of Iranian oil surge in Jan.-May

    TEHRAN - Imports of Iranian crude by its four main buyers in Asia jumped 30.5 percent in January-May 2017, government and ship-tracking data showed.

  • Exhibitions 2017-06-30 20:37

    Tehran hosting 2 international exhibitions

    TEHRAN– Two international exhibitions are being held concurrently at the Tehran Permanent International Fairgrounds, the Islamic Republic of Iran Broadcasting (IRIB) reported on Friday.

  • Linde Material Handling 2017-06-30 19:14

    Linde Material Handling resumes activity in Iran

    TEHRAN - Linde Material Handling resumed its activities in Iranian market by granting its exclusive license to an Iranian company called Axon Machine Arina, IRNA reported on Friday.

  • Horticulture 2017-06-28 21:30

    Horticulture output to reach 22m tons by Mar. 2018

    TEHRAN- Iran’s annual output of horticultural products is anticipated to reach 22 million tons by the end of current Iranian calendar year (March 20, 2018), according to an official at the Ministry of Agriculture.

  • Rajaee 2017-06-28 21:21

    Near $800m projects underway in Shahid Rajaee Port

    TEHRAN- Managing Director of Ports and Maritime Department of Iran’s Hormozgan Province announced on Wednesday that tens of projects worth 30 trillion rials (about $799 million) are underway in the country’s southern Shahid Rajaee Port, IRNA reported.

  • Roads 2017-06-28 19:14

    Over $2b allocated to 411 transport projects

    TEHRAN- The national budget law for the current Iranian calendar year (March 2017-March 2018) has allocated 80 trillion rials (about $2.1 billion) for implementing 411 transport projects across the country, the deputy transport minister announced on Wednesday.

  • Inflation 2017-06-28 08:32

    Inflation rate stands at 10.2% in Iran: CBI

    TEHRAN - The Central Bank of Iran (CBI) has announced that the inflation rate for the 12-month period ended in the last day of the third Iranian calendar month of Khordad (June 21) compared to the same period in the previous year hit 10.2 percent, IRIB news reported.

  • Steel 2017-06-27 20:39

    Iran’s 5-month crude steel output up near 1m tons: WSA

    TEHRAN- Iran’s production of crude steel stood at 8.159 million tons in the first five months of 2017, with 944,000 tons rise from 7.215 million tons in the same time span in 2016, according to the latest report published by the World Steel Association (WSA).

  • Germany 2017-06-27 19:08

    German banks poised to finance projects in Iran

    TEHRAN- German banks are ready to finance economic projects in Iran, Federal Minister of Finance Wolfgang Schäuble announced in a meeting with Iranian Foreign Minister Mohammad Javad Zarif in Berlin.

  • Steel 2017-06-25 10:12

    Crude steel exports from Iran up 8% in 2 months

    TEHRAN- Iran exported 1.3 million tons of crude steel during the first two months of the current Iranian calendar year (March 21-May 21), with eight percent rise from the figure of the same period of time in the past year, according to an industry official.

  • Essar 2017-06-25 10:12

    India Essar's Iranian oil imports rise near 5%: trade

    TEHRAN - Essar Oil, the top Indian buyer of Iranian crude, imported 4.9 percent more Iranian oil during January-May 2017 compared to a year ago, according to the private refiner’s crude and condensate imports data released by Reuters.