Today News
  • South Pars Yesterday 18:00

    South Pars Phase 11 on verge of producing 1b cubic feet of gas

    TEHRAN- South Pars Phase 11 has witnessed a significant production surge and simultaneous developmental progress during the 14th government. Production at Location B, which stood at around 400 million cubic feet per day during the 12th and 13th governments, has now exceeded 915 million cubic feet per day in the 14th government. According to the schedule, with the connection of the 12th well in the coming weeks, it will reach maximum production of 1 billion cubic feet per day.

  • Kazakhstan Yesterday 17:51

    TCCIMA to dispatch trade delegation to Kazakhstan intl. oil, gas exhibition, conference

    TEHRAN- The 30th Kazakhstan International Oil & Gas Exhibition and Conference (KIOGE 2026) will be held from September 30 to October 2, 2026 (8 to 10 Mehr 1405) in Almaty. The Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) intends to dispatch a trade delegation consisting of economic activists and capable Iranian companies to Kazakhstan concurrently with this event.

  • Industry minister Yesterday 17:47

    Activating border crossings, expand mining capacity necessary in Ilam: industry minister

    TEHRAN- The Minister of Industry, Mining and Trade emphasized the need to strengthen the Mehran border crossing and activate other crossings and border markets in Ilam, stating: "We must utilize the capacity of cross-border trade laws and, by developing border markets, increase the province's share of the country's trade."

  • Paknejad Yesterday 17:31

    Oil minister details 2-year achievements: flare gas up, exports unbroken, production rising

    TEHRAN- Iran's Oil Minister Mohsen Paknejad has reported significant progress in the country's oil and gas sector during the first two years of the 14th government.

  • Page 4 2026-09-04 16:52

    ‘Arvand Martyrs Bridge is just beginning of a larger development path’

    TEHRAN- The Secretary of the Supreme Council of Free Trade and Special Economic Zones, emphasizing the need to continue the development process in the Arvand Free Zone, stated that the inauguration of the Arvand Martyrs Bridge is not the end of a construction project, but rather the beginning of a larger path for implementing infrastructural, economic, and developmental projects in Abadan, Khorramshahr, and the Arvand Free Zone.

  • Page 4 2026-09-04 16:46

    ICCIMA, IRU examine routes for facilitating money transfer

    TEHRAN- The President of the Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) during a webinar meeting with the new Secretary-General of the International Road Transport Union (IRU), examined routes for facilitating money transfers between the Iran Chamber and the IRU.

  • Page 4 2026/09/04

    From naval blockade to land corridors: Iran's strategic pivot

    TEHRAN- Iran's maritime trade has faced serious disruption due to geopolitical tensions and sanctions, but this challenge has unexpectedly accelerated the development of land-based transit routes. What initially appeared as a strategic vulnerability—over-reliance on the Strait of Hormuz—is now forcing a fundamental shift in the country's trade infrastructure. The result could transform Iran from a sea-dependent economy into a regional transit hub connecting East, West, North, and South.

  • Page 4 2026-09-02 15:51

    Iran accelerates joint oil, gas fields development in 2 years

    TEHRAN- According to IRNA, Iran holds approximately 158 billion barrels of proven crude oil reserves—ranking third or fourth in the world—and over 32 trillion cubic meters of natural gas reserves, placing it second globally after Russia, making it one of the world's primary energy hubs. This hydrocarbon wealth is largely concentrated in the Zagros sedimentary basin in the southern and southwestern onshore areas and the Persian Gulf basin.

  • Page 4 2026-09-02 15:42

    Pakistani ambassador hails Iran's crash test center as successful private sector model

    TEHRAN - Pakistan's ambassador to Iran has described the crash test center as a successful example of Iran's private sector, stating: "We can begin this cooperation by drafting and signing a preliminary agreement. We hope that conditions will soon move in a direction that allows us to provide the necessary and additional infrastructure to expand this cooperation."

  • Page 4 2026-09-02 15:33

    Economic siege will not halt Iran's trade: ICCIMA official

    TEHRAN- The head of the Customs Committee of the Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA), emphasizing that sanctions and economic sieges cannot completely halt the country's foreign trade, said: Given Iran's geographical location, geopolitical capacities, and numerous neighbors, the country has diverse routes available to continue its trade exchanges.

  • Page 4 2026-09-01 17:02

    Government's policy is directing electricity toward productive economic activities: energy minister

    TEHRAN- The Minister of Energy stated that the policy of the 14th government is to direct electricity toward productive economic activities, and said: "Supplying electricity to industries with the aim of developing GDP and creating economic value is among the government's programs in the energy sector."

  • Page 4 2026-09-01 17:00

    CBI governor to Trump: Iran has foreign currency, and enough of it

    TEHRAN- The 36th Islamic Banking Conference commenced on Tuesday morning (September 1, 2026) at the Central Bank's Abbasabad Museum Garden building, with the presence of Abdolnasser Hemmati, Governor of the Central Bank of Iran (CBI), members of the Central Bank's Jurisprudential Council, and a group of senior managers and experts from the country's banking system.

  • Iran-Kyrgyzstan 2026/09/01

    By Mahnaz Abdi

    Iran, Kyrgyzstan review proposal for joint oil refinery construction

    TEHRAN – In a significant move toward deepening energy and economic ties, Iran and Kyrgyzstan have agreed to jointly review a proposal for the construction of an oil refinery in Kyrgyzstan. The announcement came on the sidelines of the Shanghai Cooperation Organization (SCO) and Shanghai-Plus summit held in Kyrgyzstan on Monday.

  • Trump 2026/08/31

    Trump's Venezuelan delusion: Same foolish blueprint he plots for Iran

    TEHRAN – In a move that exposes both his strategic shortsightedness and his penchant for delusional grandiosity, US President Donald Trump has announced plans to refill America's depleted Strategic Petroleum Reserve using Venezuelan oil. The scheme, which Trump has bizarrely described as a "gift from Venezuela to the American people," reveals a fundamental misunderstanding of energy markets, infrastructure realities, and geopolitical dynamics—a dangerous combination that now threatens to be replicated in US policy toward Iran.

  • Page 4 2026-08-31 10:19

    Expansion of electricity generation capacity continues

    TEHRAN- An official has stated that in the renewable energy sector, production capacity has increased from 1,250 megawatts to approximately 7,000 megawatts, and in the thermal power plant sector, about 3,000 megawatts have been added to the country's generation capacity.

  • Page 4 2026-08-31 10:14

    Rebuilding damaged industries to protect production, ensure financing supply chain stability

    TEHRAN- The US-Zionist imposed war, in addition to causing direct damage to some production units, also affected parts of the country's industrial supply chains. However, planning for the swift return of damaged units to the production cycle and preventing the halt of related industries has now become one of the central axes of industrial policymaking. In this path, securing financial resources, prioritizing strategic industries, and utilizing domestic capacities form the basis of support measures.

  • Madanizadeh 2026-08-30 16:45

    Operational plan to be prepared for building a ‘Stronger Iran’: economy minister

    TEHRAN- The Minister of Economic Affairs and Finance of Iran stated: "A stronger Iran can be achieved through unity and empathy, and by making maximum use of the capacity of elites and the people."

  • Balal field 2026-08-30 09:24

    Drilling of wells in joint Balal field enters new phase

    TEHRAN- The project manager of the joint Balal gas field development plan announced the completion of drilling for two wells in the field, stating that upon its commissioning, Iran's daily gas production capacity will increase by approximately 14 million cubic meters, offsetting part of the country's gas imbalance.

  • Agricultural production 2026-08-30 09:24

    Iran's agricultural production reaches 137 million tons

    TEHRAN- The Deputy Agriculture Minister for Cultivation Affairs stated that while the agricultural sector plays a fundamental role in ensuring the country's food security, agricultural production has risen from approximately 130 million to 137 million tons despite drought, water resource constraints, sanctions, and existing imbalances.

  • Page 4 2026-08-28 17:08

    Iran's oil delivery to customers continues: oil minister

    TEHRAN- The Oil Minister stated that the process of selling crude oil outside Iran's territorial waters and in distant waters, as well as delivering it to customers, is still ongoing.

  • Page 4 2026-08-28 17:06

    New hydrocarbon reserves discovery demonstrates unstoppable nature of oil industry’

    TEHRAN- A member of the Energy Committee of the Parliament stated that the discovery of new hydrocarbon reserves indicates that the development of the oil industry has not come to a halt even under wartime conditions.

  • Page 4 2026-08-28 17:04

    ICCIMA head, German ambassador discuss ways to improve Iran-Germany level of relations

    TEHRAN- Samad Hassanzadeh, the Head of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), said in a meeting with Axel Dittmann, the German Ambassador in Tehran: "The Iran Chamber is moving forward on the path of developing trade and technology transfer, and is striving to increase the volume of Iran's international relations with the help of joint chambers."

  • Page 4 2026-08-26 21:38

    Small-scale, household renewable power plants to be expanded

    TEHRAN — Iran's Energy Minister Abbas Aliabadi has announced that the development of renewable energy will increasingly focus on household and small-scale installations, emphasizing the environmental superiority of clean energy over fossil fuels.

  • Page 4 2026-08-26 21:34

    Confronting economic pressures, supporting people’s livelihood on government’s agenda

    TEHRAN- The Minister of Economic Affairs and Finance stated that a significant portion of the current problems dates back to pre-war conditions, although today's economic issues cannot be oversimplified or analyzed with a "two-plus-two-equals-four" logic. He said: "For example, at one point they tried to prevent medicine from entering the country. We eventually found alternative routes, but naturally, during that period, medicine prices increased."

  • Page 4 2026/08/26

    With $40 trillion in debt, does Washington have any credibility to police Iran’s economy?

    TEHRAN- The United States has just crossed a grotesque milestone: its national debt has ballooned to a record-shattering $40 trillion. This is not merely a number; it is a confession of systemic rot.

  • Page 4 2026-08-25 17:32

    Iran's largest solar power plant inaugurated to supply electricity to Shamsabad industrial town

    TEHRAN- Iran's largest solar power plant was officially inaugurated on Tuesday, the second day of Government Week, with President Masoud Pezeshkian in attendance. The facility is designed to supply part of the electricity demand of Shamsabad Industrial Town, the country's largest industrial zone, located southeast of Tehran.

  • Page 4 2026-08-25 17:28

    Economy minister responds to new US sanctions: Offensive economic strategy prepared

    TEHRAN – Iran's Minister of Economic Affairs and Finance, Seyed Ali Madanizadeh, has stated that the government has formulated an offensive economic plan to counter US sanctions against the Iranian nation.

  • Trump 2026/08/25

    Strategic vacuum: Why is Trump's economic warfare against Iran doomed to fail?

    TEHRAN- Six months into his military campaign against Iran, Donald Trump finds himself trapped in the very quagmire he promised to eliminate. What began as a boastful declaration of "decisive action" to crush Iran and effect regime change has devolved into a strategic fiasco that not only fails to achieve its objectives but is inflicting profound damage on the U.S. economy and global stability. The administration's latest gambit—announcing the "largest financial attack in history" against Iran on August 24, a self-styled "D-Day" of economic warfare—appears less a stroke of genius and more an act of desperation from a presidency with no viable strategy left.

  • Page 4 2026-08-24 18:30

    IDRO, SATBA pledge closer ties to boost renewable energy development

    TEHRAN- A meeting was held between the Deputy Minister of Industry, Mining, and Trade and Chairman of the Industrial Development and Renovation Organization of Iran (IDRO)’s Board of Directors, and the Deputy Minister of Energy and Head of the Renewable Energy and Energy Efficiency Organization (SATBA), with the aim of strengthening joint cooperation and accelerating the implementation of renewable energy projects.

  • Page 4 2026-08-24 18:25

    Iran discovers major gas field "Takhteh" in Fars province worth $45b

    TEHRAN- The Exploration Director of the National Iranian Oil Company (NIOC) has announced that the newly discovered "Takhteh" gas field in Fars Province has an estimated economic value of approximately $45 billion, describing it as one of the most significant gas discoveries in the country over the past two decades.