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  • Iran oil 2018-05-14 19:29

    Iran’s oil output up 10,000 bpd in April: OPEC

    TEHRAN- According to OPEC’s latest monthly report published on May 14, Iran’s oil production, based on secondary sources, stood at 3.823 million barrels per day (bpd) in April, rising 10,000 bpd from that of March.

  • Iran-Bulgaria 2018-05-14 08:12

    Iran is EU’s strategic partner: Bulgarian minister

    TEHRAN - Bulgarian Minister of Economy Emil Karanikolov said Iran is a strategic partner for the European Union, IRIB reported.

  • Gas exports 2018-05-14 04:48

    Gas exports to Baghdad to rise to 14mcm/d by June

    TEHRAN- Iran will increase its gas exports to Iraq’s capital city of Baghdad to 14 million cubic meters per day (mcm/d) since June, one year after starting gas exports to the Iraqi city, according to a director in the National Iranian Gas Company (NIGC).

  • Iran Qatar. 2018-05-13 20:13

    Doha hosting Iran-Qatar Joint Economic Committee meeting

    TEHRAN- The sixth meeting of Iran-Qatar Joint Economic Committee is being held in Qatar’s capital Doha, IRNA reported on Sunday.

  • Turkmenistan 2018-05-13 20:12

    Iran, Turkmenistan explore transportation, oil ties

    TEHRAN- The joint economic meeting of Iran and Turkmenistan was held on Saturday and in the presence of Turkmenistan's Foreign Minister Rashid Meredov and Iranian transport minister Abbas Akhoundi, where the two sides explored avenues of further cooperation on railway, road, and aviation sectors.

  • Iran-oil 2018-05-13 20:11

    Iran’s light crude oil price hovering over $70

    TEHRAN - Iran’s light crude oil price fell 51 cents in the week ended on May 4 to settle at $70.77 per barrel, Shana reported on Sunday.

  • Iran-Bulgaria 2018-05-13 05:48

    Iran-Bulgaria business forum at ICCIMA on Monday

    TEHRAN- Iran-Bulgaria business forum is scheduled to be held at the place of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) on Monday, the portal of ICCIMA reported.

  • IFB 2018-05-13 04:23

    Fara Bourse’s main index up 1.2% in a week

    TEHRAN- IFX, the main index of Iran's over-the-counter (OTC) market known also as Iran Fara Bourse (IFB), rose 1.2 percent to stand at 1,070 points in the week ended on Friday, Tasnim news agency reported.

  • Mohammad Meshkinfam 2018-05-12 21:20

    Iran to award Farzad B to domestic companies if India withdraws

    TEHRAN – The managing director of Pars Oil and Gas Company (POGC) said Farzad B gas field (in the Persian Gulf) development project will be awarded to Iranian contractors if India pulls back from the negotiations, ILNA reported on Saturday.

  • Iranian Oil Pipelines and Telecommunication Company (IOPTC) 2018-05-12 21:19

    Over 80% self-reliance achieved in oil pipelines, telecommunications

    TEHRAN – More than 80 percent of the required components and equipment for the Iranian oil industry’s pipelines and telecommunications is domestically supplied, IRNA reported quoting an oil industry official.

  •  Austria, Switzerland tour 2018-05-12 20:40

    Iranian trade delegation to accompany Rouhani in Austria, Switzerland tour

    TEHRAN- A delegation from Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) will accompany Iranian President Hassan Rouhani in his trip to Switzerland and Austria on July 1-6, the portal of ICCIMA reported.

  • oil 2018-05-12 02:37

    Iran raises June crude prices for loadings to Asia

    TEHRAN – National Iranian Oil Company (NIOC) has raised the June official selling price (OSP) for all its crude grades loading for Asia, Platts reported quoting a company source as saying on Wednesday.

  • Jokar 2018-05-11 21:10

    By Haniyeh Sadat Jafariyeh

    Expert: Non-European trade partners better for Iran

    TEHRAN - European countries have been looking to increase trade ties with Iran since the 5+1 countries and Iran struck a nuclear deal according to which Tehran agreed to limit its nuclear activities in exchange for termination of most economic sanctions.

  • Iran Air's Airbus A321 Arrived in Tehran 2018-05-11 20:33

    No down payment made to Airbus, Boeing: Iran

    TEHRAN- Following President Trump’s withdrawal from Iran’s international nuclear deal last Tuesday, Advisor to Iranian Transport Minister Asghar Fakhrieh Kashan announced on Friday that no down payment has been made by Iran to aircraft manufactures Airbus and Boeing, so the country would incur no loss in consequence of Trump’s decision, Fars news agency reported.

  • Nasrollah Sardashti 2018-05-11 20:30

    NITC ready to operate under any condition: managing director

    TEHRAN- Referring to U.S. President Donald Trump’s decision to pull out of the multilateral nuclear agreement with Iran, National Iranian Tanker Company (NITC) Managing Director Nasrollah Sardashti said his company has made the necessary planning and NITC fleet is ready to operate under any condition.

  • Zanganeh 2018-05-11 20:29

    U.S. leaving of JCPOA won’t affect Iran’s oil, gas exports, revenue: Zanganeh

    TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said Donald Trump’s decision on abandoning the nuclear deal is not going to have a great impact on Iran’s oil, gas and gas condensate exports and revenue, IRIB reported on Friday.

  • Nobakht 2018-05-10 10:35

    Above $183b required for annual growth of 8%

    TEHRAN- Some 7.7 quadrillion rials (about $183.3 billion) of capital is needed per annum to reach eight percent economic growth, Mohammad Baqer Nobakht, the head of Management and Planning Organization of Iran, was quoted as saying by IRNA on Wednesday.

  • petro 2018-05-10 03:18

    Japan poised to grant license to Iranian petrochemical companies

    TEHRAN- The mananger of the Japanese pavilion at the 23rd Iran International, Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2018) voiced his country’s readiness for granting licenses to Iranian petrochemical companies.

  • crude steel output 2018-05-09 20:32

    Iran’s crude steel output up 43% in March: WSA

    TEHRAN- Production of crude steel in Iran stood at 2.35 million tons in March 2018, indicating 43.7 percent rise from the figure of March 2017, according to World Steel Association (WSA).

  • sharafbafi 2018-05-09 20:32

    Iran Air to decide about Airbus, Boeing purchases within 2 weeks

    TEHRAN- Managing Director of Iran’s flag-carrier Iran Air Farzaneh Sharafbafi announced on Wednesday that the company will announce its final decision about the purchase of aircrafts from Airbus and Boeing within two weeks, Tasnim news agency reported.

  • Iran-Oil-Show 2018-05-09 20:22

    By: Ebrahim Fallahi

    Europeans at Iran Oil Show don’t seem shaken by U.S. decision

    TEHRAN - European exhibitors participating in the 23rd International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2018) believe that U.S. President Donald Trump’s decision on leaving the Iran nuclear deal (officially known as JCPOA) was not something unpredictable and they are still eager for collaborating with Iran’s oil, gas and petrochemical sectors.

  • TCCIMA 2018-05-09 06:22

    TCCIMA to dispatch trade delegation to Serbia, Poland, Germany in mid-June

    TEHRAN- Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) will send an economic-trade delegation to Serbia, Poland and Germany on June 16, the official website of TCCIMA reported.

  • Iran-Azerbaijan 2018-05-09 04:42

    Iran-Azerbaijan electricity exchange capacity reaches 800MW

    TEHRAN – Iranian Energy Minister Reza Ardakanian said the necessary technical facilities are prepared for exchanging 800 megawatts of electricity between Iran and Azerbaijan, the official website of Energy Ministry (known as PAVEN) reported.

  • Morteza Bank 2018-05-08 21:34

    Customs offices to be established in all free trade zones by March, 2019

    TEHRAN- Morteza Bank, the secretary of Iran’s Free Zones High Council, announced that customs offices will be established in all seven free trade zones of the country by the end of current Iranian calendar year (March 20, 2019).

  • Pertamina 2018-05-08 21:34

    By Ebrahim Fallahi

    Indonesia’s Pertamina considers Iran a priority in region

    TEHRAN - Indonesia’s state-run oil and gas company Pertamina sees cooperation with Iran as a priority for its activities in the region, Junizar Harman Dipodiwirjo, a field manager at Pertamina, said in an exclusive interview with the Tehran Times.

  • Dalic 2018-05-08 21:32

    Croatian National Bank to facilitate banking ties with Iran

    TEHRAN- Croatian National Bank has called all the country’ banks to remove existing barriers on the way to expand banking ties with Iran, the visiting Croatian Deputy Prime Minister Martina Dalic announced addressing Iran-Croatia Business Forum in Tehran, on Tuesday, IRIB news reported.

  • Georgian First Vice Prime Minister Dimitry Kumsishvil 2018-05-08 21:32

    Tehran, Tbilisi emphasize expansion of banking ties

    TEHRAN- Iranian Finance and Economic Affairs Minister Masoud Karbasian and Georgian First Vice Prime Minister Dimitry Kumsishvili, in a meeting in Tehran on Monday, stressed the necessity of strengthening banking relations between the two countries.

  • Eremenko 2018-05-08 21:30

    UEC ready to provide flexible financing schemes for Iran

    TEHRAN - United Engine Corporation (UEC) is ready to provide “flexible financing schemes” for the sale of its products to Iran, UEC deputy marketing chief Sergei Eremenko tells the Tehran Times.

  • oil exploration blocks 2018-05-07 21:11

    NIOC introduces 14 oil exploration blocks to domestic, foreign companies

    TEHRAN- National Iranian Oil Company (NIOC) introduced 14 oil exploration blocks in Iran to the Iranian and foreign companies in a meeting in Tehran on Monday, Shana news agency reported.

  • Iran, oil industry 2018-05-07 21:11

    Million-dollar oil, gas agreements expected to be signed between Iranian, Dutch companies

    TEHRAN- The director of a Dutch advisory group says agreements worth millions of dollars are expected to be signed between oil and gas companies from Iran and the Netherlands.