A payment mechanism the EU hopes will save the Iran nuclear deal by bypassing US sanctions is ready, diplomats said on Monday, but is held up by disagreements among European countries.
A solar power plant with a capacity of 100 kilowatts has been launched in Tabriz, the center of East Azarbaijan Province, managing director of Azarbaijan Regional Electric Company said Monday.…
An estimated 400 million liters of oil and other products are transported daily via pipelines, indicating a 65% rise over the last 40 years, managing director of the Iranian Oil Pipeline and…
A private company has invested to develop Abarkouh gas-to-liquids (GTL) plant in Yazd Province, the governor said. "Saman Faraz Gheshm Co., one of the main suppliers of oil and gas equipment in…
Gas reserves in the Middle East can create opportunities for employment, business and peacemaking, according to Egypt's petroleum minister. Amid a push by Egypt to transform itself into a…
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Foreign Minister Mohammad Javad Zarif managed to convince lawmakers on Monday that his ministry is effectively fulfilling its responsibilities in the area of foreign diplomacy to help overcome…
While under the strict sanctions of the United States, Iran needs to tactfully maintain its cooperation with the European Union so as to win other advantages, in addition to their special…
Deputy Foreign Minister for Political Affairs Abbas Araqchi on Monday set off on a tour of European countries, which will take him to Austria, Slovakia and Bulgaria.
As part of efforts to curb air pollution and promote electric motorcycles, Tehran Municipality is offering an incentive to e-bike buyers worth 25 million rials ($208). The price of electric…
After the US re-sanctioned Iran in the summer of last year, which also hurt the country’s car industry, operations of French auto companies, Renault and Peugeot, have declined rapidly. During…
In a report to the decision-making Money and Credit Council, the Central Bank of Iran outlined the effects of subsidized foreign exchange on the price of essential goods and food.
The Iranian National Oil Company announced in a notice on Monday that the fourth round of crude oil sale will be launched on Iran Energy Exchange on February 4.
Equity indices extended decline in the third session on Monday, tracking weakness in commodity stocks and uncertainty regarding the future of export-based companies. Heavy selling was witnessed…
The overall Producer Price Index of electricity sector (using 2011 as the base year) stood at 120.52 in the third quarter of the current fiscal (Sept. 23-Dec. 21), indicating a 6.64% growth over…
Iran traded 1.7 million tons of non-oil commodities worth $607.28 million with the member states of United Nations’ African Group during the first nine months of the current fiscal year (March…
The Iranian month of Dey (Dec. 22, 2018-Jan. 20) saw chicken price rise by 15.6% compared with the month before—the highest month-on-month price hike among food items. The second and…
Iran traded $312 million worth of commodities with Turkmenistan during the 10 months to Jan. 20, according to Iran's commercial attaché to Turkmenistan. Iran’s exports to the neighboring…
Syrian Prime Minister Imad Khamis on Sunday discussed with Iranian Roads Minister Mohammad Eslami and an accompanying delegation ways of boosting economic and investment cooperation between…
The ninth edition of the annual "Iranian Steel Market Conference", also known as ISMC 2019, opens today at the Islamic Republic of Iran Broadcasting’s International Conference Center. The two-…
The first export cargo from Afghanistan to India will be shipped through Iran's Chabahar Port within the next month using the international customs transit system (TIR system).
South Korea’s presidential office said Monday that Qatar’s energy minister outlined plans during a bilateral summit in Doha to order 60 new liquefied natural gas carriers. Saad Sherida Al-Kaabi…
A large volume (20-35%) of drinking water is lost due to seepage and rusting pipelines in the country. Almost half of the water network in cities and small towns are old and should be…
Construction of a large oil refinery and petrochemical plant has begun in Jask county, Hormozgan Province, off the Sea of Oman, manager of the National Petrochemical Company’s Projects Dept said…
Iran-Turkey Mineral Cooperation Commission has been formed for introducing Iran’s mineral reserves and products to the Turkish side and explore third party countries they can jointly target.
