Japan's Justice Ministry plans to block nationals from Iran and Turkey from obtaining a new work visa to be launched in April, in response to their lack of cooperation in accepting citizens…
Iran wants to become the world’s sixth largest steelmaker by 2025 and development plans to this effect are underway across the country.
Novatek, a leading gas company in Russia, has asked Mitsubishi Corp. and Mitsui & Co. to invest in an Arctic liquefied natural gas project expected to cost maximum $36.1 billion.
Joining the Eurasian Economic Union will help Iranian energy companies expand in the region. To achieve the goal, closer cooperation is crucial between the government and the Iran Chamber of…
Qatar's ultra-light crude oil grades bore the full brunt of the recent return of Iranian condensate supply, with spot differentials for deodorized field condensate hitting multi-year lows, but…
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The fifth round of crude oil offer on Iran Energy Exchange ended Monday with only one cargo (35,000 barrels) out of the one million offer sold on the stock market. The cargo was sold at $…
While debating the March 2019-20 budget bill on Monday, lawmakers allowed the government to borrow $30 billion in foreign finance in the next fiscal (March 2019-20). According to parliamentary…
The amended Anti-Money Laundering Law was finally signed into law by President Hassan Rouhani last month after it was studied in graphic detail by several entities, namely the specialized…
The US dollar crossed another psychological threshold in Tehran on Monday with price pressures increasing as the end of the Iranian fiscal year approaches in March.
From the 4 million motorcycles plying Tehran roads, close to 70% are substandard and excessively polluting, says the head of the Department of Environment. In a talk with Mehr News Agency, Isa…
Iran should devise a long-term strategy for economic involvement in Syria as it begins reconstruction, a senior political analyst said. In a recent interview with the Iranian Diplomacy website…
Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei said on Monday the heightened US rhetoric against Iran is driven by anger over its domestic and international failures, while calling…
The resistance of Iraqi leaders against the United States’ calls for breaking ties with Iran could provide some relief for the country from harsh American sanctions, a political expert says.…
A number of countries are holding negotiations with Europe to use their newly-registered special financial mechanism to continue their non-dollar trade with Iran. Bahram Qasemi, the ministry’s…
Tehran subway network will expand to the city of Parand in Robat Karim county, southwest of the capital. In 2016, in a bid to provide subway access to the southwestern areas of the province, a…
After few weeks of relative stability in the chaotic car market, prices have shot up again reaching unprecedented highs leaving the people more perplexed than ever. The cheapest car in the…
With the ratification of the Iranian Cabinet on Feb. 6, the ban on importing 100 types of commodities included in the so-called Group IV was lifted. Last June, the import of 1,339…
Iran traded 89,066 tons of non-oil commodities worth $148.22 million with Australia during the first 10 months of the current fiscal year (March 21, 2018-Jan. 20), registering an 86.46% and 26.…
Iran’s 21 major ports loaded and unloaded 105.9 million tons of commodities during the first 10 months of the current Iranian year (March 21, 2018-Jan. 20) to register a 16.95% decline compared…
Qatar Petroleum signed preliminary deals worth more than $2.47 billion on Monday with oil services firms Schlumberger and Baker Hughes to boost the local energy industry. Qatar, the world…
Third phase of the Persian Gulf Star Refinery in Bandar Abbas, Hormozgan Province, was launched Monday in the presence of President Hassan Rouhani and Oil Minister Bijan Namdar Zanganeh.…
Oil prices on Monday hit their highest levels since November last year, lifted by OPEC-led supply cuts, US sanctions on Iran and Venezuela, and hopes that the Sino-US trade dispute may soon end…
Expansion of the petrochemical sector has continued as planned and $24 billion has been invested in development projects since 2014, National Petrochemical Company's deputy for investment said…
The stage has been set for a European natural gas price war that will help boost demand and enable both Russia and the US to increase sales to the region. The battle will not brutalize earnings…
