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  • flare gas recovery 2018-01-04 15:17

    French company inks MOU in Iran for co-op on flare gas recovery

    TEHRAN- France’s energy company Entrepose Group signed a trilateral memorandum of understanding (MOU) with two Iranian parties for cooperation on recovery and utilization of flare gas from Iran’s South Pars gas field phases 14, 17 and 18 of development.

  • biogas power plants 2018-01-04 15:08

    Iran’s metropolises to start generating electricity from wastewater

    TEHRAN – Like the Capital Tehran, Iran plans to construct biogas power plants in other big cities to generate electricity from wastewater, IRNA reported on Wednesday citing an official at Iran’s Water and Wastewater Company.

  • IRAN NUTEX 2018 2018-01-04 09:04

    IRAN NUTEX 2018 running in Tehran

    TEHRAN- The 5th edition of International Exhibition on Nuts, Dried Fruit & related industries (IRAN NUTEX 2018) was inaugurated at Tehran Permanent International Fairgrounds on Wednesday, IRIB news reported.

  • Phase 14A 2018-01-03 19:57

    By: Ebrahim Fallahi

    Iran to soon surpass Qatar in South Pars: official

    BANDAR ABBAS- With phase 14 going fully operational, Iran’s gas production from South Pars giant gas field (which Iran shares with Qatar in Persian Gulf) will surpass the Arab country, operator of the South Pars Phase 14 of development, Hamid-Reza Masoudi, said.

  • Condensate 2018-01-03 09:14

    Gas condensate exports at over $5b in 9 months

    TEHRAN- Iran exported $5.098 billion worth of gas condensate during the first nine months of the current Iranian calendar year (March 21-Decemeber 21, 2017), IRIB news reported on Tuesday.

  • South Pars gas field 2018-01-03 09:14

    SP platform 14A loaded at Bandar Abbas yard

    TEHRAN-  Platform 14A of Iran’s South Pars gas field (in the Persian Gulf) was loaded at Bandar Abbas yard in south of the country on Tuesday.

  • power 2018-01-03 09:13

    Iran’s power generation capacity rises 1,724 MW since Mar. 2017

    TEHRAN- Iran has increased its electricity generation capacity by 1,724 megawatts (MW) since the beginning of current Iranian calendar year (March 20, 2017), according to a power sector’s official.

  • tech exports 2018-01-02 19:55

    80% rise in exports of technical, engineering services in 8 months

    TEHRAN- On of the managing directors from Trade Promotion Organization (TPO) announced that Iran’s exports of technical and engineering services has increased 80 percent during the first eight months of the current Iranian calendar year (ended on November 21, 2017), IRIB news reported on Tuesday.

  • Expos 2018-01-02 19:55

    Tehran hosting 2 intl. expos until Friday

    TEHRAN- The 11th edition of International Exhibition of Goods, Services, Store Equipment & Chain Stores (IRAN Shop 2018) and the 14th edition of International Exhibition of Advertising, Marketing and Related Industries started operation at Tehran Permanent International Fairgrounds on Tuesday, IRNA reported.

  • Telegram 2018-01-02 19:55

    By Haniyeh Sadat Jafariyeh

    Filtered apps suffocate domestic businesses

    Following the social unrest across Iran, starting on Thursday, the government started blocking access to social networks and messaging apps including Telegram and Instagram, while some controls were also put on Iranians’ access to the Internet.

  • Iran-Germany 2018-01-02 09:23

    Germany going big on renewable energy co-op with Iran

    TEHRAN - German Energy Company Athos Solar has invested near €42.5 million in Iran’s renewable energy sector constructing 35 megawatts (MW) capacity of solar farms in Hamedan Province, west central Iran.

  • Oil-exports 2018-01-02 08:39

    Iran ships 777m barrels of oil to global markets in 2017

    TEHRAN – Iran’s oil customers in Asia and Europe shipped in 777 million barrels of Iranian crude during 2017, Shana news agency reported on Monday.

  • Rice imports 2018-01-01 19:57

    Iranian customs bans rice imports order registration

    TEHRAN- The Islamic Republic of Iran Customs Administration (IRICA) banned any registration for imports of rice until further notice, IRNA reported.

  • IME 2018-01-01 19:53

    By Mahnaz Abdi

    Guaranteed price for wheat to elevate agriculture

    Following the successful implementation of the plan for offering barley and corn in Iran Mercantile Exchange (IME) at guaranteed price instead of the guaranteed purchase of these grains by the government, which brought satisfaction for both farmers and the government, Iran carried out this plan also for wheat.

  • Morteza Bank 2018-01-01 19:52

    Majlis economic committee to study creating new free zones

    TEHRAN- The bill on establishment of eight new free trade-industrial zones and 12 new free economic zones will be discussed by Iranian parliament (Majlis)’s economic committee within the next two weeks, Morteza Bank, the secretary of Free Zones High Council, announced.

  • Iran Oman 2018-01-01 08:41

    Direct shipping route inaugurated between Iranian, Omani ports

    TEHRAN- A direct shipping route between Iran’s southwestern Khorramshahr Port and Oman’s northern Sohar Port was officially inaugurated as the first cargo vessel left Iran for Oman on Sunday.

  • non-oil-trade 2018-01-01 08:30

    Iran’s non-oil trade up 11% in 9 months yr/yr

    TEHRAN- The value of Iran’s non-oil trade with foreign partners reached $69.21 billion during the first nine months of the current Iranian calendar year (March 21- December 21), up $7.637 billion or about 11 percent from the same period last year.

  • Nobakht 2017-12-31 22:13

    830,000 jobs to be created by Mar.2019

    TEHRAN- Government spokesman Mohammad Baqer Nobakht announced that the government will create 830,000 job opportunities by the end of the next Iranian calendar year (March 20, 2019), IRIB news reported on Sunday.

  • market 2017-12-31 22:13

    By Haniyeh Sadat Jafariyeh

    Official statistical figures vs. Iranians’ economic conditions

    According to the latest report released by the Statistical Center of Iran (SCI), in the first half of the current fiscal year (March 21-September 22), the country’s economy grew by 5.6 percent, while the figure, without taking into account oil production, stood at 6 percent, compared to last year's corresponding period. The state-run body also put the inflation rate for the 12-month period ended on the last day of the ninth Iranian calendar month of Azar (December 21) at 8 percent, compared to the same period in the preceding year.

  • South Pars 2017-12-31 22:11

    SP platform 14A to be installed on Jan. 10

    TEHRAN- Platform 14A of Iran’s South Pars gas field (in the Persian Gulf) is projected to be installed on its designated offshore spot on January 20-22, according to the operator of South Pars phase 14 development plan.

  • Conglomerate output 2017-12-31 09:05

    Conglomerate output up 26% in 8 months on year

    TEHRAN – Iran’s conglomerate production increased by 26 percent in the first eight months of the current Iranian calendar year (March 21-November 21) compared to last year’s same time span, IRNA reported on Saturday.

  • light oil price 2017-12-31 08:57

    Iranian light oil price rises 13 cents in a week

    TEHRAN- Iran’s light crude oil price rose 13 cents in the week ended on December 22 to settle at $63.36 per barrel, Shana reported on Saturday.

  • annual steel output 2017-12-30 21:58

    Over $25b needed to reach 55mt annual steel output: minister

    TEHRAN – Iran’s Industry, Mining and Trade Minister Mohammad Shariatmadari said over $25.6 billion is needed to reach the country's 55 million-ton steel capacity envisaged in Iran’s 1404 (March 2025-March 2026) Outlook Plan.

  • ATR airplanes 2017-12-30 21:57

    Iran Air receives 2 ATR airplanes

    TEHRAN- Iran’s national flag-carrier Iran Air received two of its ordered twin-engine turboprop purchased from the European plane maker ATR on Saturday, IRNA reported.

  • صف های طولانی پمپ بنزین 2017-12-30 16:46

    By M.A. Saki

    Inexpert views

    These days there are plenty of unprofessional and populist remarks against a plan by the government to increase petrol and diesel prices for the next fiscal year, which starts on March 21, 2018.

  •  Abadan refinery 2017-12-30 08:42

    Sinopec Engineering inks $1.05b refinery upgrading deal in Iran

    TEHRAN – China’s Sinopec Engineering (Group) Co., signed a deal with National Iranian Oil Engineering and Construction Company (NIOEC) to contribute to engineering, procurement and construction of phase II of Abadan refinery upgrading project in Iran.

  • Mansouri oil field 2017-12-30 08:39

    Indonesia’s Pertamina eyeing Iran’s Mansouri oil field development

    TEHRAN - Indonesia's state-owned Pertamina is eyeing contribution to the development of Iran’s Mansouri oil field in April next year, Platts reported quoting the company’s Upstream Director Syamsu Alam.

  • Privatization 2017-12-30 08:38

    Bid to be held on Jan. 8 for divesting $452m of state-owned shares

    TERHRAN- Iranian Privatization Organization (IPO) is to transfer 19 trillion rials (about $452 million) worth of the state-run shares to the private sector on January 8, 2018, IRNA reported on Friday.

  • Iran ships 2017-12-30 07:55

    Iran ships over 1.36m bpd of oil to main Asian buyers in Nov., data shows

    TEHRAN – Iran’s top four Asian buyers - China, India, South Korea and Japan - imported 1.362 million barrels per day (bpd) of Iranian crude oil in November, government and ship-tracking data showed.

  •  rebar exports 2017-12-29 21:07

    Iran to increase rebar exports in 2018: sources

    TEHRAN- Thanks to decrease in domestic demand, Iranian rebar exports will increase in 2018, Platts quoted Iranian industry sources.