Wednesday, 19 March , 2025
  • Iran to Expand Shipping Lines to West and Southwest Africa 17 Mar 2025

    Iran to Expand Shipping Lines to West and Southwest Africa

    TEHRAN - Iran is set to bolster its maritime trade links with West and Southwest Africa, following a decision by the Africa Committee chaired by the First Vice President, according to Mohammadreza Safari, Acting Director General for Africa at Iran’s Trade Promotion Organization (TPO). This move aims to enhance Iran’s economic footprint on the continent, building on existing shipping routes and trade relationships.

Offshore Farzad B Gas Field to Be Developed 18 May 2021

Offshore Farzad B Gas Field to Be Developed

The National Iranian Oil Co. signed a $1.78 billion deal with a domestic company to develop the Farzad B gas field in the Persian Gulf.

Stock market to provide investment for refining industry 17 May 2021

Stock market to provide investment for refining industry

Head of Iran’s Securities and Exchange Organization (SEO) has said the country’s refining industry requires $30 billion of investment for completing semi-finished projects and the capital market is the best place to provide this funding.

TCCIMA proposes policy package to reform economy 17 May 2021

TCCIMA proposes policy package to reform economy

Representatives of the Iranian private sector at Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) in a meeting on Monday presented a policy package that according to its creators is going to reform the country’s economy and solve many of the current economic issues.

Iran Increasing Gas Production at Turkmenistan Border 17 May 2021

Iran Increasing Gas Production at Turkmenistan Border

Managing Director of Iran’s East oil and Gas Production Company (EOGC) has announced the production of 16 billion cubic meters (bcm) of natural gas - 43 million cubic meters per day (mcm/d) - in the previous Iranian calendar year (ended on March 20) in the Khangiran operational region and Shorijeh storing reserves (at areas bordering Turkmenistan).

Exporters Do Not Happy With Devaluation of National Currency 17 May 2021

Exporters Do Not Happy With Devaluation of National Currency

Head of Iran's Export Confederation Mohammad Lahooti rejected some allegations that exporters support devaluation of the national currency against dollar because of their own profits.

Greenhouse farming being developed in Bushehr province 16 May 2021

Greenhouse farming being developed in Bushehr province

As announced by a provincial official, cultivation in greenhouses is being developed in Bushehr province, in the southwest of Iran.

Cryptocurrency mining using household electricity to face heavy fines 16 May 2021

Cryptocurrency mining using household electricity to face heavy fines

Iranian Energy Ministry’s spokesman for the electricity sector said that those cryptocurrency miners, who use household electricity, will have to pay a heavy fine if identified.

Eastern fields produce 16 bcm of gas in a year 16 May 2021

Eastern fields produce 16 bcm of gas in a year

Managing Director of Iran’s East oil and Gas Production Company (EOGC) has announced the production of 16 billion cubic meters (bcm) of natural gas - 43 million cubic meters per day (mcm/d) - in the previous Iranian calendar year (ended on March 20).

Energy Ministry taking serious measures to manage water resources 16 May 2021

Energy Ministry taking serious measures to manage water resources

Iranian Energy Minister Reza Ardakanian has said his ministry is taking serious measures for reforming the country’s water structure and for managing water resources, IRNA reported.

Iran preparing for a strong comeback to oil market 16 May 2021

Iran preparing for a strong comeback to oil market

Iran is gradually boosting crude oil production to get ready for a strong comeback into the global market as the talks with world powers over the 2015 nuclear deal show signs of progress.