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  • 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.

  • Iran-France 2017-06-24 19:18

    Iran, France to establish joint transport consultancy task force

    TEHRAN – Iran and France agreed on Friday to form a joint consultancy task force on transportation to accelerate cooperation in this sector, IRNA reported.

  • South Pars 2017-06-24 09:56

    3 South Pars platforms complete drilling operations

    TEHRAN- Drilling operations have been completed by platforms 22, 24A and 24B of Iran’s South Pars gas field (in the Persian Gulf), according to project manager Farhad Izadjoo.

  • SCI 2017-06-24 09:55

    Inflation rate stands at 7.4% in urban areas

    TEHRAN- The Statistical Center of Iran announced that the inflation rate in the urban areas for the 12-month period ended in Khordad, the third month of the current Iranian calendar year (May 22-June 21), hit 7.4 percent, Tasnim news agency reported.

  • Eurostat 2017-06-23 18:25

    Iran’s exports to EU quintuple in 4 months

    TEHRAN- Imports of EU from Iran increased fivefold during the first four months of 2017 in comparison with the same period in the preceding year, European Union’s statistics agency Eurostat reported.

  • Zanganeh 2017-06-21 17:33

    U.S. oil output rise drops prices: Zanganeh

    TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh has blamed an increase in the U.S. oil production for the plunge in global prices of crude oil. 

  • Pistachio 2017-06-20 18:33

    Pistachio exports up 3% yr/yr

    TEHRAN – Iran has exported $1.240 billion worth of pistachios to the world markets in the past Iranian calendar year 1395 (ended on March 20) to register a three percent rise compared to its previous year, IRIB news reported.

  • NIOC-Eni 2017-06-20 18:33

    NIOC awards Eni oil, gas fields development study

    TEHRAN – Italy’s major oil company Eni signed a memorandum of understanding (MOU) with National Iranian Oil Company (NIOC) for carrying out development studies on two of Iran’s oil and gas fields.

  • Iran-Brazil 2017-06-20 18:33

    Iran-Brazil Joint Chamber of Commerce to open in early July

    TEHRAN- The Iran-Brazil Joint Chamber of Commerce will be opened in Tehran on July 9, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Chairman Gholam-Hossein Shafeie announced.

  • fishery output 2017-06-20 09:37

    Fishery output to rise 200,000 tons by 2021

    TEHRAN- Iran’s annual output of fishery will be increased by 200,000 tons by the end of the country’s Sixth Five-Year National Development Plan (March 2021), Mohammad Pourkazemi, the chairman of Iranian Fisheries Science Research Institute, said on Monday.

  • Iran-Eni 2017-06-19 18:03

    Eni, NIOC to ink oil, gas MOUs

    TEHRAN – Representatives of the Italian oil major Eni will arrive in Tehran on Tuesday to ink two memorandums of understanding (MOUs) with the National Iranian Oil Company (NIOC).