Salehabad village in Omidiyeh in southwestern Khuzestan Province was evacuated Monday after a fire broke out at a oil pipeline near the village, the governor said. The accident occurred when…
Iran's petrochemicals output will increase 70% in two years and revenues from the sector will rise by 46% by 2021, managing director of the National Petrochemical Company said. “Nominal…
Iranian Offshore Oil Company, a subsidiary of the National Iranian Oil Company, has not cut offshore crude output nor stopped loading oil for export, managing director of the company said Monday…
Iraq will remain committed to the OPEC+ deal struck in December 2018 to cut production by 1.2 million barrels per day, according to the nation's oil ministry.
Close to 240 billion cubic meters of natural gas -- average 655 million cubic meters/day -- was supplied via the national gas grid in the last fiscal that ended in March, head of the…
Amirkabir University of Technology's Garmsar branch in Semnan Province is planning to establish a science and technology park in Garmsar Special Economic Zone. “The project is being…
A Chinese delegation signed an agreement with the University of Tehran’s officials during a meeting on Monday to expand academic and technological ties.
The Iranian government is moving ahead with a motion to lease state-owned dark fiber to the private sector to expand the national communications network.
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British Prime Minister Theresa May has carried out "scenario planning" for a second Brexit referendum in case she is forced by parliament to hold one, the Daily Telegraph newspaper reported on…
Iran's major carmaker Iran Khodro (IKCO) is planning to renovate 10,000 cabs in Tehran’s transportation fleet during the current Iranian year (started March 21). According to the IKCO's Sales…
Iranian car manufacturer SAIPA has signed a research and development agreement with the University of Tehran to use academic potentials for boosting the key sector.
With rumors circulating on social media that sooner or later the Iranian government will be forced to increase fuel prices and start rationing gasoline, demand for CNG-hybrid vehicles has soared…
While the United States is seeking to prompt Tehran to show an extreme reaction, Iranian authorities need to remain alert not to fall into this trap, according to an analyst.
Iran plans to announce a series of "phased" measures in response to the US administration's pullout from the 2015 nuclear deal.
India’s government is holding talks with a new bank to facilitate trade with Iran and process Iran/India transactions. The new bank is set to work in tandem with UCO bank, according to Gaddam…
If there has been an acute need for structural reforms and fiscal probity in Iran it is now. Much has been said and written about the role, compulsion and significance of transparency and…
After a moderate decline in the main gauge of the Tehran Stock Exchange on Sunday, TEDPIX pared its earlier gains on Monday to record its most drastic fall in the past seven months. …
Members of the European financial mechanism company known as INSTEX [Instrument in Support of Trade Exchanges] and its Iranian counterpart will join talks between Iran and the five signatories…
Half the capacity of Iran's 9,000 textile and clothing manufacturers remains untapped due to credit crunch, poor sales and sanctions, a board member of Iran Textile Specialists Association said…
Over 3.3 million tons of barley are estimated to be produced in Iran in the current fiscal year (March 2019-20) to register a 10% increase compared to the previous year, the director general of…
Iran recorded an agrifood trade deficit of $4.44 billion in the last Iranian year (March 2018-19), which shows a 5.7% improvement year-on-year. More than 6.95 million tons of agricultural…
The overall Producer Price Index of the electricity sector (using 2011 as the base year) stood at 126.24 in the last fiscal year (ended March 20, 2019), indicating a 4.74% growth over the year…
A total of 81,500 tons of red meat were produced in Iran during the fourth quarter of last Iranian year (Dec. 22, 2018-March 20) to register a 23% decline compared with the similar period of the…
A new chief executive has been appointed to manage Iran's flag carrier airline Iran Air, formerly known as Homa. Touraj Dehqani Zanganeh replaces Farzaneh Sharafbafi, Iran Air’s first female…
