August 5, 2019

Steel products export up 20% in a quarter on year

TEHRAN- Iran’s exports of steel products rose 20 percent during the first quarter of current Iranian calendar year (March 21-June 21) compared to the first quarter of the previous year, the public relations department of Iranian Mines and Mining Indust...
August 4, 2019

Car output at 266,961 in 4 months

TEHRAN- Iranian carmakers manufactured 266,961 vehicles during the first four months of the current Iranian calendar year (March 21-July 22), IRNA reported citing the data released by Industry, Mining and Trade Ministry.
August 4, 2019

NIOC inks 4 research agreements to develop oil industry

TEHRAN - National Iranian Oil Company (NIOC)’s Exploration Directorate, on Sunday, signed four agreements with Iranian universities and knowledge-based companies for research in various fields of geophysics, geochemistry, unconventional hydrocarbon res...
August 4, 2019

NIOC inks 4 research agreements to improve oil industry

TEHRAN - National Iranian Oil Company (NIOC)’s Exploration Directorate, on Sunday, signed four agreements with Iranian universities and knowledge-based companies for research in various fields of geophysics, geochemistry, unconventional hydrocarbon res...
August 4, 2019

Have Iranian oil exports really fallen to 100,000 bpd?

TEHRAN - Recently some reports have been published by ship tracking companies and industry sources regarding Iranian oil exports in July which have put the county’s shipments at near 100,000 barrels per day (bpd) in the mentioned month.
August 4, 2019

Tehran, Kabul ink MOU for customs co-op

TEHRAN – The customs of Iran and Afghanistan signed a memorandum of understanding (MOU) on Saturday for joint collaboration in electronic exchange of information between the customs administrations of the two countries.
August 4, 2019

Iran elected vice-chair of Asian Reinsurance Corporation

TEHRAN – In its 13th shareholders’ meeting on July 28, Asian Reinsurance Corporation (ARC) members selected Gholamreza Soleimani, the governor of Iran’s Central Insurance (CII), as the corporation’s vice chairman and board member.
August 4, 2019

IME’s worth of trade rises 15% in July

TEHRAN- The value of trade at Iran Mercantile Exchange (IME) rose 15 percent during July, IME Public Relations Department reported.
August 4, 2019

Syria seeking Iran’s investment in its reconstruction projects

TEHRAN- Syrian Deputy Minister of Economy and Foreign Trade Rania al-Ahmad said that attraction of Iran’s investment and also importing Iranian products is a priority for Syria in the process of reconstructing the country.
August 3, 2019

TEDPIX gains 1,581 points in a week

TEHRAN- TEDPIX, the main index of Tehran Stock Exchange (TSE), has risen 1,581 points to 254,446 during the five working days of the past Iranian calendar week (Saturday to Wednesday), Tasnim news agency reported.
August 3, 2019

Ninth round of condensate offering at IRENEX to be held on Tuesday

TEHRAN- National Iranian Oil Company (NIOC) will offer two million barrels of gas condensate at Iran Energy Exchange (IRENEX) on Tuesday, IRNA reported.
August 3, 2019

Sistan-Baluchestan quarterly non-oil exports rise 86% yr/yr

TEHRAN- The value of non-oil exports from Iran’s southeastern province of Sistan-Baluchestan jumped 86 percent during the first quarter of current Iranian calendar year (March 21-June 21) from that of the same quarter in the past year, head of the prov...
August 3, 2019

Iran manages to save 3300MW of electricity in summer peak period

TEHRAN – Iranian Energy Minister Reza Ardakanian said by applying consumption management programs the ministry has managed to reduce the summer peak electricity consumption by 3300 megawatts (MW), IRIB reported.
August 3, 2019

PMO entrusts domestic companies with constructing $476m of port equipment

TEHRAN – Iran’s Ports and Maritime Organization (PMO) has awarded domestic companies the projects for supplying 20 trilling rials (over $476 million) worth of port equipment, Tasnim reported on Saturday, quoting an official with the organization as say...
August 3, 2019

Importing cryptocurrency mining equipment bound to industry ministry’s permit

TEHRAN - The Islamic Republic of Iran Customs Administration (IRICA) has announced that clearing cryptocurrency mining systems and equipment requires necessary permits from the Ministry of Industry, Mining and Trade.
August 3, 2019

Iran-Azerbaijan 6-month trade more than doubled

TEHRAN – The trade turnover between Iran and Azerbaijan has grown 2.2 times in the past six months compared to the same timespan last year, IRIB reported, quoting Iranian Minister of Finance and Economic Affairs Farhad Dejpasand as saying.
August 2, 2019

‘Major projects planned to prevent flare gas waste’

TEHRAN – Iranian Energy Ministry has major plans to make use of flare gas burnt or vented in oil and gas facilities across the country, Press TV reported, quoting an official with the ministry as saying.
August 2, 2019

Development projects worth $2.38b come on stream

TEHRAN – Some 518 development projects worth over 100 trillion rials (about $2.38 billion) were inaugurated during President Hassan Rouhani’s visit to East Azarbaijan Province on Thursday.
August 2, 2019

Energy projects worth $7.6b to be inaugurated by March 2020

TEHRAN- Iranian Energy Minister Reza Ardakanian said on Thursday that 217 major energy projects worth 320 trillion rials (about $7.62 billion) will be inaugurated by the end of the current Iranian calendar year (March 19, 2020).
August 2, 2019

Intl. poultry, livestock exhibit slated for late Aug.

TEHRAN – The 17th International Exhibition of Livestock, Poultry, Fisheries, and Related Industries of Golestan (GOLPOLEX 2019) is set to be held during August 27-30 in Golestan Province, northern Iran, the portal of Iran’s Trade Promotion Organization...