Thermal power output in East Azarbaijan Province last year (March 2018-2019) shows 8.1% rise compared to the year before, said the director of planning department at the East Azarbaijan Power…
As the US ends waivers that let countries buy Iranian crude, this threatens to squeeze oil supplies in an already tight market. The decision may also jeopardize the deal that OPEC and…
Iraq’s gas imports from Iran will rise to 35 million cubic meters per day in June from 28 mcm, a spokesman for the Iraqi Ministry of Electricity said Tuesday. "This is expected to…
India will add 12 nuclear power stations to its lineup to shore up its power supply situation, the department of atomic energy said Monday.
Asia’s largest refiner Sinopec is set to receive its first US crude oil cargo this week since halting imports from the country in September, two sources with knowledge of the matter said on…
Tehran Stock Exchange began Tuesday trade with selloff pressure in almost all equities, causing the market to shed 1,464 points. After significant gains on the first day of weekly trade,…
No 1299
The 12th Bank, Exchange & Insurance Exhibition (FINEX 2019) opened on Monday at Tehran’s International Fairground. The four-day event, which features developments related to…
Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei underscored the need to adopt measures to strengthen ties between Tehran and Islamabad to counter hostile efforts aimed at driving a…
Iran's refusal to complete financial reforms that would bring it into line with global norms will only result in its isolation and give the United States a chance to forge an international…
Ukraine entered uncharted political waters on Monday after near final results showed a comedian with no political experience and few detailed policies had dramatically up-ended the status quo…
The Export Guarantee Fund of Iran, a state-owned export credit agency, has issued $3.4 billion worth of export insurance cover and guarantees for Iranian traders who export goods to Iraq over…
The US administration said on Monday that it will not renew waivers that let countries buy Iranian oil without facing sanctions, a move that roiled energy markets and risks upsetting major…
More than 129.6 million tons of goods were loaded and unloaded at Iran’s 21 major ports in the last fiscal (March 2018- 19) registering 17.07% decline compared to the similar period a year ago…
More than 2.26 quadrillion rials ($16.49 billion) worth of investments are estimated to have been made in Iran's industrial units, for which establishment permits were issued and 474.96 trillion…
Consumer inflation in Iran registered a year-on-year increase of 51.4% in the month to April 20 compared with the similar month of last year, the Statistical Center of Iran's latest report shows…
A total of 45.48 million tons of iron ore concentrate were produced in Iran in the last fiscal year (ended March 20, 2019) to register a 17% growth compared with the previous year.
1. Mohammad Reza Pourebrahimi, chairman of Majlis Economic Commission: With the current inflationary trend, dropping four zeros from the rial would be appropriate. (IRIB News)
Claims of Reliance Industries Ltd.'s purchases of crude oil from Venezuela’s state-owned oil company, PDVSA, for cash payment to third parties are false, according to the company.
Soil Conservation and Watershed Management Research Institute, affiliated to the Agriculture Ministry, had warned Forests, Range and Watershed Management Organization about the disastrous…
Iranian Offshore Oil Company has increased its crude output from Doroud Oilfield after conducting repairs on the field's main wells. According to the National Iranian Oil Company's news portal…
The overseas oil and gas production of China National Petroleum Corporation rose 10% year-on-year in the first quarter of 2019. Production came in at 26.09 million tons of oil equivalent in the…
Tehran Municipality's tourism office has launched weekly sightseeing tours in walking and biking modes. The tours operate Thursdays free of charge. The plan is in line with TM's efforts to curb…
The number of CNG-hybrid taxis in Iran is estimated at around 304,000 accounting for 95% of total the cabs in the country, head of Iran Taxi Union says. Morteza Zameni told Tasnim news agency…
No 1298
