February 13, 2018

Renault’s investment in Iran to hit €800m

TEHRAN – French automaker Renault is going to expand activities in Iran, boosting its total investments in the country to €800 million, IRNA reported quoting the company’s director for MENA region.
February 13, 2018

Renault’s investment in Iran to hit €800m

TEHRAN – French automaker Renault is going to expand activities in Iran, boosting its total investments in the country to €800 million, IRNA reported quoting the company’s director for MENA region.
February 13, 2018

Iran’s heavy crude price jumps 8.2% in January

TEHRAN- According to OPEC’s latest monthly report published on February 12, Iran’s heavy oil price reached $65.85 in January, an increase of $4.98 or 8.2 percent from $60.87 in December.
February 13, 2018

Iran’s heavy crude price jumps 8.2% in January

TEHRAN- According to OPEC’s latest monthly report published on February 12, Iran’s heavy oil price reached $65.85 in January, an increase of $4.98 or 8.2 percent from $60.87 in December.
February 13, 2018

4.6% economic growth forecasted for Iran in current fiscal year

TEHRAN- Latest data released by Iran’s Parliament Research Center sees the country’s economic growth to reach 4.6 percent by the end of the current Iranian calendar year (March 20, 2018).
February 13, 2018

4.6% economic growth forecasted for Iran in current fiscal year

TEHRAN- Latest data released by Iran’s Parliament Research Center sees the country’s economic growth to reach 4.6 percent by the end of the current Iranian calendar year (March 20, 2018).
February 13, 2018

Iran plans to join Europe’s electricity network through neighbors

TEHRAN – Iran’s Energy Minister Reza Ardakanian said Iran is planning to access Europe’s power network through adjacent neighbors’ electricity networks.
February 13, 2018

Iran plans to join Europe’s electricity network through neighbors

TEHRAN – Iran’s Energy Minister Reza Ardakanian said Iran is planning to access Europe’s power network through adjacent neighbors’ electricity networks.
February 13, 2018

Petchem output at 44.202m tons in 10 months

TEHRAN- Iran produced 44.202 million tons of petrochemical products during the ten-month period ended on January 20, 2018, Shana news agency reported on Monday citing the data announced by National Petrochemical Company (NPC).
February 13, 2018

Petchem output at 44.202m tons in 10 months

TEHRAN- Iran produced 44.202 million tons of petrochemical products during the ten-month period ended on January 20, 2018, Shana news agency reported on Monday citing the data announced by National Petrochemical Company (NPC).
February 13, 2018

NIDC Drills 143 wells in 10 Months

The National Iranian Drilling Company (NIDC) has drilled 143 oil and gas wells over the course of the past 10 months. Sepehr Sepehri, NIDC managing director, has said that his company has drilled 222,381 meters of wells during the period, spuding development, workover, exploration and appraisal wells. He said the projects were carried out in […]
February 13, 2018

France to Urge Firms to Do Business in Iran

France will encourage its firms to do business in Iran despite nuclear deal limbo, a senior French finance official said on Thursday. “France will encourage its firms to do business in Iran” despite uncertainty over the landmark 2015 nuclear deal putting the business environment in limbo, Joffrey Celestin-Urbain, director of bilateral relations at the French […]
February 13, 2018

Oil Production Capacity to Increase by 700,000 bpd

Iran aims to raise its crude output capacity to 4.7 million barrels per day within the next four years, Deputy Oil Minister Amir Zamaninia told a conference in Paris. “We are striving for the next 3, 4 years we are planning to increase our production by about 700,000 taking our production to 4.7 million bpd,” […]
February 13, 2018

China Reports Rise in Trade with Iran

Data released by the Chinese Customs Administration indicate that the value of China’s trade exchange with Iran in 2017 has increased by 19 percent compared to the previous year. Figures show that trade turnover between Iran and China has stood at $37.18 billion in 2017, around 19 percent higher than 2016. China’s exports to Iran […]
February 12, 2018

“No US License Needed” to Buy Sukhoi Jet

The modifications that Sukhoi has made to its Superjet-100 passenger plane would allow the Russian aircraft manufacturer to sell the plane to Iran without the need for a license from the US Treasury’s Office of Foreign Assets Control (OFAC), an Iranian official announced. Speaking to Tasnim on Monday, Secretary of Association of Iranian Airlines Maqsoud […]
February 12, 2018

Japan to Fund Medical & Environment Projects in Iran

By John Lee. The Japan International Cooperation Agency (JICA) has reportedly signed two grant agreements in Iran: one with Iran’s Health Ministry to provide grant aid of up to 1.534 billion yen (nearly $14 million) for medical testing and treatment equipment; and, one with Tehran Municipality to provide grant aid of up to 1.242 billion yen […]
February 12, 2018

Speaker Requests Iran’s Help in Reconstruction of Iraq

Iraqi Parliament Speaker Salim al-Jabouri praised Iran for supporting the Arab country in the fight against terrorism, calling for Tehran’s continued assistance and partnership in the reconstruction and development of Iraq. In comments at a Sunday meeting in Iran’s Baghdad embassy, held to mark the victory anniversary of the Islamic Revolution, Jabouri expressed the hope […]
February 12, 2018

New Career Opportunities in Iran

By John Lee. The United Nations has advertised new jobs in Iran: Finance Officer – Tehran based (Iran Nationals Only), Norwegian Refugee Council (NRC) SGP Programme Assistant, United Nations Development Programme (UNDP) (Source: UN) (Picture cr...
February 12, 2018

Iraq says oil swap with Iran to start this month

TEHRAN - Iraq is going to start sending 60,000 barrels per day (bpd) of oil from the northern Kirkuk fields to Iran this month, Kirkuk’s governor told Reuters at a conference for the reconstruction of Iraq being held in Kuwait on Monday.
February 12, 2018

Iraq says oil swap with Iran to start this month

TEHRAN - Iraq is going to start sending 60,000 barrels per day (bpd) of oil from the northern Kirkuk fields to Iran this month, Kirkuk’s governor told Reuters at a conference for the reconstruction of Iraq being held in Kuwait on Monday.