Approximately $454 million is added to the Energy Ministry's debt to the private sector every year, the Energy Ministry’s spokesman for the power department said. "Although the ministry paid $1…
Norway’s Equinor and Russia’s Gazprom, Europe’s largest suppliers of pipeline gas, have lost market share as a result of the LNG import surge that has occurred over the past 10 months.
Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei said on Wednesday that bolstering the economy by reducing reliance on oil and promoting small- and medium-sized enterprises can help…
The nuclear agreement signed with world powers in 2015 was not a mistake, although it has become a cause for tensions following the United States' withdrawal last year, Iran's top lawmaker said…
Persian Gulf countries' cold response to Iran's regional initiatives has its roots in deep-seated mistrust, Tehran's tense relations with the United States and the influence of Saudi Arabia in…
A total of 9.46 million tons of direct-reduced iron were produced in Iran during the first four months of the current Iranian year (March 21-July 22), indicating a 10% rise compared with last…
The number of internal migrants in Iran stood at 711,154 in the last Iranian year (ended March 20, 2019), of whom 588,312 moved from an urban area to another and 122,841 were rural-rural…
The average initial press run of books (all titles) in Iran stood at 1,401 in the last Iranian year that ended on March 20, 2019.
A new small-scale power plant with distributed generation system joined the national grid in Anzali Free Zone, Gilan Province, the managing director of Gilan Regional Electric Company said.
Brent crude oil futures rose above $60 a barrel on Wednesday after industry data showed a larger-than-expected drop in US crude inventories, but lingering worries about a possible global…
To reduce gas flaring in Khuzestan Province to zero the construction of a plant to collect 1.5 million cubic meters of associated petroleum gas, or APG, per annum is completed, managing director…
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Austria’s ambassador to Iran visited the Tehran Stock Exchange on Monday, news outlets reported. Stefan Sholz and his delegation toured TSE’s trading floor and conferred with the TSE CEO…
CEO of the government-owned Iran Insurance Company says the fact that insurer has to pay 20% of third party vehicle premiums to relevant bodies has given rise to prospects for loss-…
Leaving behind months of rainy days, Iran’s economy is showing signs of improvement in major variables, governor of the Central Bank of Iran said on Monday.
The government-owned Iran Post company has unveiled its new logo, as part of a push to shake up the state-controlled postal operator to meet modern-day needs and standards. Since Mohammad Javad…
Iran University of Medical Sciences hosted an international event, called Technology, Health and Life (aka THL) this week, to boost digital health development. Held on Sunday, the daylong event…
Iran traded 717,023 tons of non-oil commodities worth $549.92 million with Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa (collectively known as CIVETS) in the first Iranian month…
The First International Exhibition of Top Brands in Footwear, Bag and Sports Equipment will be held in Tehran from August 27 to 30. According to the event’s website at www.iranshobs.com, the…
More than 613 trillion rials ($5.25 billion) worth of investments are estimated to be made in the industrial units with establishment permits and 92.17 trillion rials ($789.81 million) were…
Learning your child’s cancer has come back, adding to the agony, the cocktail of drugs four-year old Mahdi needs to stay alive simply isn’t available. His mom says Mahdi is her only child,…
Around 28 million tons of minerals are extracted in Tehran Province annually, as the province is home to 280 active mines, the head of Tehran Industries, Mining and Trade Organization said.…
While many road construction projects are on hold waiting for free asphalt (bitumen) from the government, a great deal of tar produced inside the country is exported, the people’s representative…
Despite the fact that electricity demand jumped up over the last two months, the Energy Ministry exported 2.5 million kilowatt hours of power between May 22 and August 11. Energy Minister Reza…
Despite claims from politicians that Australia’s contribution to global carbon emissions is not that big, the country ranks third in the world in terms of fossil fuel exports by carbon dioxide…
