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Tehran, Yerevan sign MOU on expansion of trade ties

Iran and Armenian inked a memorandum of understanding (MOU) on the expansion of mutual trade relations, Iran’s Trade Promotion Organization (TPO) announced.

Iranian trade delegation to be dispatched to China, Japan in mid-Aug.

The Trade Promotion Organization of Iran (TPO) is to send a trade, marketing and investing delegation to Russia from September 15 to 18 to explore avenues of exporting Iranian products to the country, the official website of TPO announced.

High-cost Sardar-e Jangal could bring Iran high-tech

Caspian Sea, the world’s largest inland body of water, was mainly a center of fishing activities and also a marine transportation hub by the middle of the past century. But discovery of the first oil and gas reserves in the world’s largest lake in th

TCCIMA to dispatch trade delegation to Kazakhstan in late June

Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) will dispatch a trade, marketing, and investment delegation to Kazakhstan from June 27 to July 1, the official website of TCCIMA announced.

Iran's non-oil GDP growth stands at 4.6% in autumn

The latest report released by the Central Bank of Iran shows the country’s non-oil gross domestic product grew by 4.6 percent during the autumn last year.

2nd Iran-Russia Energy Committee meeting due in coming days

An Iranian delegation is due to leave Tehran for Moscow in coming days (up to Friday, June 2) to attend the second round of Iran-Russia Joint Energy Committee meeting to be hosted by Russia, Shana reported on Monday.

Boost in nominal petchem output capacity planned

The National Petrochemical Company (NPC) plans to increase its nominal production capacity by three percent to reach 86 percent by the end of the current Iranian calendar year (March 20, 2018).

Iran nears last steps to finalize deal with Daimler

Iranian Industry Minister Mohammadreza Nematzadeh announced on Wednesday that Iran is taking the last steps to finalize its cooperation agreement with the German multinational automotive corporation, Daimler, IRANA reported.

Iran, Belarus sign co-op agreement on customs data exchange

Iran and Belarus signed a cooperation agreement on exchanging customs information in Tehran on Wednesday, IRNA reported.

Iran tops OPEC nations in Q1 oil revenue increase

Iran’s oil revenue has increased about $15 million per day (m/pd) in the first quarter of 2017 compared to the last quarter of 2016, Bloomberg reported citing International Energy Agency (IEA).

Are they lucky enough to win Iran oil deals?

After the implementation of Iran’s landmark nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), in January 2016, the Iranian oil industry has witnessed a flock of foreign companies willing to participate in different projects.

Iran sells crude oil at $45.21 per barrel in a week

Iran sold its light crude oil at $45.21 per barrel in the week ended on May 12, with 21 cents decrease from its previous week, IRNA reported on Tuesday.

Iran signs $630m deal to produce strategic oil equipment

By signing a contract worth $630 million with an Iranian-Spanish consortium on Wednesday, Iran joined the world’s manufacturers of special pipes, which are of strategic importance in the oil and gas industry.

Asia’s biggest agro-food expo to kick off in Tehran today

The 24th International Exhibition of Food, Food Technology and Agriculture of Iran (Agrofood 2017) will kicks off today at the Tehran Permanent International Fairgrounds, IRIB news reported.

Persian Gulf nations tend to buy Iranian gas

The National Iranian Gas Company’s managing director Hamidreza Araqi told IRNA on Sunday that Persian Gulf nations are willing to buy Iranian gas.

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