TEHRAN- The National Iranian Oil Company (NIOC) and the Norwegian Offshore Resource Group (ORG) inked a memorandum of understanding (MOU) on cooperation in conducting development studies on Sardar-e-Jangal oilfield and the exploratory blocks of 24, 26 and 29 in the Caspian Sea. The MOU was signed in Tehran on Tuesday by Mohsen Delaviz, the managing […]

TEHRAN- Iran-Russia trade grew 70 percent during the past year, Iranian Finance Minister Masoud Karbasian announced after his meeting with Russian Energy Minister Alexander Novak in Tehran on Wednesday morning. Expressing content about the variety of available fields for cooperation between Iran and Russia, Karbasian, who is the Iranian head of Iran-Russia Joint Economic Committee, […]

TEHRAN- Iraqi Minister of Planning Salman Al-Jumaili said his country considers Iran as its significant trade partner. He made the remarks in a Thursday meeting with Iranian Industry, Mining and Trade Minister Mohammad Shariatmadari , who traveled to Baghdad on Wednesday on the head of a delegation of Iranian officials in the industry, mining, trade and oil […]

TEHRAN- The first Iran-Germany trade center was opened in Tehran on Thursday under the supervision of Iran-Germany Joint Chamber of Commerce, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported. The center seeks ease of mutual trade relations between the businessmen of the two countries, the report said. A new chapter […]

TEHRAN – Iranian Deputy Energy Minister Sattar Mahmoudi said Iran aims to become an official power hub in the region as it is playing a crucial role in supplying electricity to its neighbors and beyond. Mahmoudi made the remarks in an exclusive interview with Tehran Times on the sidelines of the 23rd Press Exhibition on […]

TEHRAN– Austrian Secretary-General for Foreign Affairs, Michael Linhart, said huge capacities existed for deepening relations with Iran in various sectors. In a message on his official Twitter page, the Austrian official pointed to his meeting with Governor-General of Isfahan, Rasoul Zargarpour, and wrote “great potential exists for deepening cooperation in business & investment, tourism and […]

TEHRAN- The National Iranian Oil Company (NIOC) and the Norwegian Offshore Resource Group (ORG) inked a memorandum of understanding (MOU) on cooperation in conducting development studies on Sardar-e-Jangal oilfield and the exploratory blocks of 24, 26 and 29 in the Caspian Sea. The MOU was signed in Tehran on Tuesday by Mohsen Delaviz, the managing […]

TEHRAN – The head of Russia’s state-controlled oil giant Rosneft said it has signed a road map with the National Iranian Oil Company (NIOC) to implement “strategic” projects in Iran, the head of Igor Sechin said on Wednesday that the deal paved the way for legally-binding documents to be signed within a year, according to […]

TEHRAN- The value of Iran’s non-oil trade with foreign partners reached $52.527 billion during the first seven months of the current Iranian calendar year (March 21- October 22), up $3.59 billion or 6.2 percent from the same period last year, Tasnim reported on Tuesday. The country’s foreign trade stood at $49.468 billion during the last […]

TEHRAN- Opportunities for finance and investment in Iran’s mining sector will be introduced in the International Mining and Resources Conference (IMARC) running in Australia’s Melbourne from October 30 to November 2. Head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Mehdi Karbasian will give a lecture on these opportunities in the conference on Wednesday, […]