Iranian Oil Minister Bijan Namdar Zanganeh praised the capabilities of domestic energy companies to develop oil and gas fields and said the country has more than 100 fields, which can be developed by the Iranian exploration and production (E&P) companies. Speaking at a ceremony to sign a contract between the National Iranian Oil Company (NIOC) […]

TEHRAN- Exports of Iranian products to Russia will be doubled within the next two months, the chairman of Iran-Russia Joint Chamber of Commerce announced. Asadollah Asgaroladi also said that the value of trade between the two countries has reached $2.2 billion in the current Iranian calendar year (ending on March 20), adding Iran’s exports to […]

TEHRAN –Over the past two weeks, the National People’s Congress of China (NPC) and the Chinese People’s Political Consultative Conference (CPPCC) were held in Beijing, China. In addition to reviewing policies relating to crucial domestic economic and social developments, the gatherings also decided on the amendment of the Constitution, election of new leadership of the […]

TEHRAN- Iran exported $8.4 billion of minerals during the 11-month period ended on February 19, with six percent rise from the figure of the same period of time in the previous year, according to Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO). As IMIDRO announced, the weight of minerals exported in the said […]

French oil major Total is committed to the development of an Iranian gasfield and will apply for a waiver if US President Donald Trump unilaterally withdraws from the 2015 Iran nuclear deal and re-imposes sanctions on Tehran, the company’s chief executive said. “If the US decides to put back the sanctions, we have to look […]

 Mauritanian Health Minister Kane Boubacar said, “I am proud to visit Iran to help promote cooperation level between the two countries of Iran and Mauritania in the health sector.” Speaking on the sidelines of inking comprehensive Memorandum of Understanding (MoU) between Iran and Mauritania in the health sector, he added, “I visited different healthcare and […]

TEHRAN– Provincial governor of Razavi Khorasan province announced %7 increase in the export volume via the province’s border crossings with neighboring countries during the first nine months of the Iranian year. Ali Rasoulian, the Economic Deputy of Razavi Khorasan Provincial governor, told reporters on Monday “during the first nine months of this Iranian year (beginning […]

TEHRAN- Iran’s liquidity stood at 14.63 quadrillion rials (about $325 billion) during the 10th Iranian calendar month of Dey (December 21, 2017- January 19, 2018), according to a report released by the Central Bank of Iran (CBI). The CBI announced that the liquidity figure shows 22.3 percent growth in comparison with the same period in […]

 A Memorandum of Understanding (MoU) was signed in the field of petrochemical investment between Khuzestan province’s Governor-Generalship and Turkish GAMA Company in Izeh sub-province on Monday. Representative and senior advisor of Turkish GAMA Holding Company Dondarf Koncal in the signing ceremony expressed his willingness to invest in Khuzestan province, saying that the company started its […]

 Austrian ambassador to Iran voiced his country’s readiness to build more solar power plants in Kerman province, southeast of Iran. Austrian Ambassador to Iran Stefan Scholz made the comment on Tuesday during his tour of the first phase of a 1.2 MW solar power plant construction project currently underway in Rafsanjan’s industrial zone, Kerman province. […]