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  • Auto industry 2019-08-18 22:20

    Over €840m allocated to support domestic auto parts manufacturers

    TEHRAN - The industry ministry has allocated €844 million to support the country’s auto parts manufacturers, director general of the industry ministry’s automotive and transportation industries office said.

  • yadavaran 2019-08-18 22:18

    Sinopec still negotiating to develop Iran’s Yadavaran oilfield

    TEHRAN – Managing director of Iran’s Petroleum Engineering and Development Company (PEDEC) has said the company is still negotiating the second phase of Yadavaran oilfield’s development project with China's Petroleum and Chemical Corporation, known as Sinopec.

  • Iran-Bulgaria 2019-08-18 22:10

    Iran-Bulgaria business forum slated for late-August

    TEHRAN – An Iran-Bulgaria business forum is due to be held on August 24 in Tehran, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.

  • Iran-Syria 2019-08-18 21:30

    Iran-Syria joint chamber of commerce to recruit members

    TEHRAN – Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) has published an announcement, inviting capable private companies to join Iran-Syria joint chamber of commerce’s founding board.

  • Zanganeh 2019-08-18 18:57

    Development of upstream oil sector atop agenda: Zanganeh

    TEHRAN - Iranian Oil Minister Bijan Namdar Zanganeh has said that the development of the upstream oil sector in collaboration with universities and research institutions is the ministry’s top priority in the current Iranian calendar year, 1398 (March 2019-March 2020).

  • Iran-Iraq 2019-08-18 18:24

    630,000 tons of goods exported to Iraq via Mehran border

    TEHRAN – Iran exported 630,000 tons of goods to neighboring Iraq through Mehran border in the first four months of the current Iranian calendar year (March 21-July 21), Mehr news agency reported, quoting a customs official as saying on Sunday.

  • irenex 2019-08-17 21:57

    IRENEX to hold 6th round of heavy oil offering on Wednesday

    TEHRAN- Unlike previous offerings, the sixth round of National Iranian Oil Company (NIOC)’s heavy crude oil offering at Iran Energy Exchange (IRENEX) is due to be held on Wednesday, IRNA reported.

  • chabahar 2019-08-17 19:06

    Russia eyes Iran’s Chabahar to transit goods

    TEHRAN – Russia is seeking to use Iran’s Chabahar port in order to transit goods to other countries especially to the Indian subcontinent, Tasnim reported, quoting Sergei Milushkin, managing director of Astrakhan Special Economic Zone in Russia, as saying.

  • opec 2019-08-17 19:00

    Iranian heavy crude oil price rises $1.77 per barrel in July: OPEC

    TEHRAN- Iranian heavy oil price increased $1.77 in July, according to OPEC’s latest monthly report published on Friday.

  • oil 2019-08-16 19:35

    NISOC to offer 3 new contracts for developing oil reservoirs

    TEHRAN – National Iranian South Oil Company (NISOC) has finalized three new development packages worth 39 trillion rials (about $928.5 million) for developing southern oil reservoirs, IRNA reported, quoting an oil official as saying.

  • SP 2019-08-16 18:25

    3rd platform of SP phases 22-24 loaded

    TEHRAN- Platform SPD-23, which is the third platform of the phases 22, 23, 24 of South Pars gas field (in the Persian Gulf) development project was loaded at Sadra yard in the southwestern province of Bushehr on Wednesday.

  • IRANPLEX 2019-08-16 18:22

    Tehran hosting intl. poultry, livestock exhibition

    TEHRAN- The 18th International Exhibition of Poultry, Livestock, Dairy, and Related Industries (IRANPLEX 2019) is being held in the Iranian capital from August 15 to 18, IRIB reported.

  • Hemmati 2019-08-16 18:12

    CBI sees stable currency market after turbulent year

    TEHRAN – Governor of Central Bank of Iran (CBI) said the currency market is moving toward stability and predictability after a year of turmoil, IRNA reported.

  • Ardakanian inaugurating a 7MW solar power plant in Sarbisheh county in South Khorasan province on Thursday 2019-08-16 17:42

    21 new power plants to go operational by March 2020

    TEHRAN – Iranian Energy Minister Reza Ardakanian said 21 new power plant projects worth 210 trillion rials ($5 billion) will go operational by the end of the current calendar year (March 20, 2020) to add 3000 megawatts (MW) to the country’s power generation capacity.

  • railway 2019-08-16 17:39

    Iranian section of Khaf-Herat railroad to be built by March 2020

    TEHRAN – Transport and Urban Development Deputy Minister Abbas Khatibi said construction of the Iranian section of the Khaf-Herat railway will be completed by the end of the current Iranian calendar year (March 20, 2020).

  • iran-russia 2019-08-16 17:37

    Iran, Russia, Azerbaijan to set up INSTC working group

    TEHRAN – In a meeting on Thursday, transport ministries of Iran, Russia and Azerbaijan agreed to form a working group in order to activate the International North–South Transport Corridor (INSTC).

  • oil 2019-08-14 20:35

    SZOGPC self-sufficient in manufacturing, repairing oil industry equipment

    TEHRAN - South Zagros Oil and Gas Production Company, a subsidiary of the National Iranian Oil Company, has manufactured or repaired the 521 items needed in the oil and gas industry. SZOGPC’s operations director, Seyed Mahmoud Mirbagheri said on Tuesday that 499 of the company’s needed items were supplied by domestic contractors.

  • nima 2019-08-14 20:32

    Over €6.5b of non-oil income injected to NIMA since March

    TEHRAN - Iran’s non-oil exporters injected €6.68 billion of their revenues into the Forex Management Integrated System, locally known as NIMA, since the beginning of the current Iranian calendar year (March 21) up to August 11.

  • exports 2019-08-14 19:37

    Non-oil exports up 45% in weight

    TEHRAN - Head of the Trade Promotion Organization (TPO) of Iran has said the country’s non-oil exports rose by 45 percent in terms of weight during the first three months of the current Iranian calendar year (March 21-June 21) compared to the same period last year.

  • SME 2019-08-14 00:01

    Over 800 production units start operation in industrial parks

    TEHRAN – Some 820 new production units went operational in industrial parks across the country during the first three months of the current Iranian calendar year (March 21–June 21), IRIB reported, quoting deputy director of the Iran Small Industries and Industrial Parks Organization (ISIPO) as saying.

  • gasoline 2019-08-13 23:55

    Iran’s daily gasoline output exceeds 100m liters

    TEHRAN - Gasoline production in Iran has exceeded 100 million liters per day, according to the chairman of the Association of Iranian Refining Companies.

  • Iranian Energy Minister Reza Ardakanian (R) discussed energy cooperation with Tajikistan's ambassador to Iran, Nizamuddin Zahedi, in Tehran on Tuesday 2019-08-13 20:20

    Iran, Tajikistan call for facilitating energy co-op

    TEHRAN - Iranian Energy Minister Reza Ardakanian discussed energy cooperation with Tajikistan's ambassador to Iran, Nizamuddin Zahedi, on Tuesday.

  • Iran-Turkmenistan 2019-08-13 20:15

    Tehran, Ashgabat discuss expansion of trade ties

    TEHRAN – Head of Iran Chamber of Commerce Industries, Mines and Agriculture (ICCIMA) held talks with Turkmenistan’s Minister of Trade and Foreign Economic Relations on Monday to discuss avenues of economic cooperation.

  • Nicaragua’s Minister of Finance and Public Credit Ivan Acosta Montalvan (1stR) attended a meeting with the Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Gholamhossein Shafeie (middle) in Tehran on Tuesday 2019-08-13 19:29

    Nicaragua ready for barter trade with Iran

    TEHRAN – Nicaragua’s Minister of Finance and Public Credit has voiced his country’s readiness for barter trade with Iran to mitigate the impact of the U.S. sanctions on the two countries’ trade.

  • hassanbeigi 2019-08-13 19:19

    U.S. after increasing oil price to $200: lawmaker

    TEHRAN - An Iranian lawmaker believes that the United States is trying to sow the seeds of insecurity in the Persian Gulf region to increase oil price to around $200.

  • Ports 2019-08-12 21:28

    Over 58m tons of goods loaded, unloaded at Iran’s ports since March

    TEHRAN- Over 58 million tons of goods have been loaded and unloaded at ports of Iran since the beginning of current Iranian calendar year (March 21), IRNA reported citing the data released by Ports and Maritime Organization (PMO).

  • Iran gas 2019-08-12 21:26

    Iran’s daily gas output hits 810mcm

    TEHRAN – National Iranian Gas Company (NIGC) Dispatching Director Mehdi Jamshidi Dana, said the country’s daily gas production has reached 810 million cubic meters (mcm), Shana reported on Sunday.

  • IRENEX 2019-08-12 21:18

    IRENEX to hold 7th round of heavy crude oil offering

    TEHRAN- National Iranian Oil Company (NIOC) will offer two million barrels of heavy crude oil at Iran Energy Exchange (IRENEX) on Tuesday, IRNA reported.

  • RCUWM 2019-08-12 20:45

    RCUWM governing board to gather in Tehran in early Dec.

    TEHRAN – The 10th meeting of the UNESCO Regional Centre on Urban Water Management (RCUWM)’s governing board is slated to be held in Tehran on December 5, IRNA reported, quoting a water official.

  • ca 2019-08-12 18:01

    Iran ready to expand economic co-op with Caspian Sea littoral states

    TEHRAN – Iran is ready to expand economic cooperation with all neighboring countries, especially with the Caspian Sea littoral states, deputy industry minister Mohammad-Baqer Ali said in the first Caspian Economic Forum which was held in Turkmenistan’s Avaza on August 11-12.