June 14, 2019

Fire at South Pars SPD9 platform contained

TEHRAN - The fire that broke out on the SPD9 platform of the phases 7, 8 and 9 of South Pars gas field in the Persian Gulf has been contained on Wednesday.
June 14, 2019

Planning underway to launch new automobile platform in 3 years

TEHRAN – Deputy head of Iran’s Industrial Development and Renovation Organization (IDRO) said the planning is underway for establishing a new platform for manufacturing passenger cars in three years, IRNA reported.
June 14, 2019

‘Turkey’s trade center in Iran completely active despite U.S. sanctions’

TEHRAN – Head of Iran-Turkey Joint Chamber of Commerce said Turkey’s trade center in Tehran is completely active and the trade is going smoothly between the two countries.
June 14, 2019

Italy among Iran’s top priorities in economic relations with Europe: ICCIMA

TEHRAN – Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) said on Wednesday that Italy is one of the major trade partners of Iran in the European Union and expansion of trade ties with Italy is a priority for Iran.
June 14, 2019

‘Iran welcomes Japan’s contribution to development of Chabahar Port’

TEHRAN – Iranian President Hassan Rouhani expressed satisfaction with Japan’s willingness for expansion of banking and economic ties with Iran and welcomed the Asian country’s contribution to the development of southeastern Chabahar Port.
June 14, 2019

“Invaluable Steps” to Cement Ties with Iraq

Iran Has Taken Invaluable Steps to Cement Ties with Iraq: Envoy Iran’s Ambassador to Iraq Iraj Masjedi highlighted the importance of bilateral relations between the two neighboring countries and said Tehran has taken major strides to strengthen ties with Baghdad. “We are trying to boost our relations with Iraq in all areas,” Masjedi said, addressing […]
June 13, 2019

South Pars 3rd Phase 14 Platform Loaded

The operator of Phase 14 development project of South Pars gas field said the third platform of the offshore field was loaded for installation in its designated spot. According to the Pars Oil and Gas Company (POGC), Mohammadi Mahdi Tavassolipour said Platform 14B of the phase was loaded at ISOICO’s yard in Bandar Abbas, south […]
June 13, 2019

New Career Opportunities in Iran

By John Lee. The United Nations has advertised new jobs in Iran: Supply Assistant, UNICEF – United Nations Children’s Fund Education Officer, Norwegian Refugee Council (NRC) (Source: UN) (Picture: Success, growth, career, development sign...
June 12, 2019

15 mt/y of petchem output from PEIISEZ on agenda

TEHRAN – Iran plans to establish a new petrochemical complex in Hormozgan Province adjacent to Persian Gulf waters, which will increase the country’s petrochemical output by 15 million tons per year, Shana reported.
June 12, 2019

Road from oil-reliant economy to oil free one

The U.S.-led sanctions, imposed to squeeze Iran’s oil-reliant economy by restricting oil revenues, has made the need for moving toward a non-oil economy for Iran ever-increasing.
June 12, 2019

Tehran to host intl. kitchen, pool, sauna, bath industries expo

TEHRAN - The 17th International Exhibition of Kitchen, Bath, Sauna, Pool Industries and Equipment is due to be held during June 30-July 3 at Tehran Permanent International Fairgrounds, IRIB reported.
June 12, 2019

Tabriz hosting 2 international exhibitions

TEHRAN - The 24th International Exhibition of Building Materials and Construction Machinery and Equipment (BUILDEXPO 2019) and 22nd International Exhibition of Heating, Cooling and Air Conditioning Systems (HAICO 2019) are being held during June 11-14 ...
June 12, 2019

Iran produced 4.156m bpd of crude oil in 2018: BP

TEHRAN– Major multinational oil and gas company British Petroleum (BP), in its latest world energy report called “BP Statistical Review of World Energy”, has put Iran’s crude oil production at 4.156 million barrels per day (bpd) in 2018.
June 12, 2019

‘Iran to initiate new economic transactions despite U.S. will’

TEHRAN- Iran is to kick off new economic transactions with other countries despite the will of the U.S. that wants to cut Iran’s economic ties with the world, the chairman of Economic Committee of Majlis stated.
June 12, 2019

Iranian-made freight locomotive unveiled

TEHRAN – Iran’s transport minister unveiled an Iranian-made freight locomotive on the sidelines of the 7th International Exhibition of Rail Transportation, Related Industries and Equipment, dubbed RAILEXPO 2019.
June 12, 2019

A Low Carbon Enlightenment

In the first of two articles on energy strategy (Tehran Times 10th June 2019) I observed how the US implemented a physical energy strategy of Energy Dominance in the 18 months to 1st January 2019. The strategic US aim is to control global oil and gas m...
June 12, 2019

System to avert US Sanctions “ready soon”

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. German Foreign Minister Heiko Maas met Iranian President Hassan Rouhani and Foreign Minister Mohammad Javad Zarif in Tehran on Monday as part of European efforts to salvage the historic JCPOA nuclear pact and […]
June 12, 2019

IAEA: Important for Iran to Implement JCPOA

Important for Iran to Implement its JCPOA Commitments, IAEA Director General Says It is essential that Iran fully implements its nuclear-related commitments under the Joint Comprehensive Plan of Action (JCPOA), IAEA Director General Yukiya Amano told the Agency’s Board of Governors on Monday. Mr Amano noted the announcement by Iran’s Supreme National Security Council on […]
June 12, 2019

INSTEX “Expected to Be Ready Soon”

INSTEX -a payment channel that the three EU signatories to the JCPOA have set up to maintain trade with Iran- will be ready soon, German Foreign Minister Heiko Maas said Monday. “This is an instrument of a new kind, so it’s not straightforward to operationalize it,” Maas told reporters in Tehran ahead of talks with […]
June 11, 2019

South Pars platform 14B shipped toward installation spot

TEHRAN – Platform 14B of Iran’s South Pars gas field (in the Persian Gulf) was shipped in Bandar Abbas, the capital city of southern province of Hormozgan, on Tuesday to be installed on its designated offshore spot, Tasnim reported.