IOOC welcomes private sector participation in offshore projects
SHANA — The Iranian Offshore Oil Company (IOOC) CEO said that his company had already outsourced 60 percent of its operations to…
Economy
Iran, China to boost publication cooperation
MNA – Iran and China agreed to enhance their publication cooperation during the 32nd edition of Tehran International Book Fair (TIBF), which…
Iran’s oil India’s first priority in foreign policy: Report
IRNA – A leading Indian electronic media in its report, said Narendra-Modi’s government is focusing more on foreign policy, and the issue…
Brazil condemns ‘unfair’ anti-Iran sanctions
MENAFN – Brazil’s Ambassador to Iran Rodrigo de Azeredo condemned the sanctions imposed against Iran, slamming them as unfair. Iran has the…
Driving Iran oil exports to zero not possible: Speaker
SHANA — Speaker of the Iranian parliament Ali Larijani said bringing Iran’s oil exports to zero would never be realized. Addressing the…
CBI to launch new mechanism next week to curb rising prices in foreign currency market
MNA – An official with central bank of Iran (CBI) says that the previously announced one single organized foreign currency market will…
US to extend waivers on trade with Iran only in return for deal with Exxon Mobil
FNA – The US has told Baghdad that it would extend waivers on Iraq’s continued trade with Iran only if the Arab…
Nations need to block US sanctions on Iran: Nobel nominee
Tasnim – A prominent American author, who is a five-time Nobel Peace Prize nominee, deplored recent “criminal” moves by the US government…
Enemy aims to create social tension in Iran: Interior min.
MNA – Iranian Interior Minister Abdolreza Rahmani Fazli warned on Sunday that enemy seeks to throw the country into disarray by imposing…
Iraqi official urges world to stand against anti-Iran sanctions
IRNA – Iraqi Deputy Minister of Construction and Housing on Sunday urged the international community to stand against US unlawful sanctions against…
US claim of not targeting Iran’s medicine sector a big lie: Minister
Tasnim – Iranian Health Minister Saeid Namaki dismissed as “a big fat lie” the US government’s claim that its sanctions have not…
US sanctions will have no political effect on Iran: Zarif
Press TV – Iran’s Foreign Minister Mohammad Javad Zarif says the United States sanctions against Iran will have no political effect on the…
Iran to sell oil at ‘gray market’: dep. oil. min
MNA – Iranian Deputy Oil Minister Amir Hossein Zamaninia announced on Sunday that Iran has mobilized all its resources to sell oil…
Iran attends trade fair in Armenia
IRNA – The Islamic Republic of Iran attended and demonstrated home-made products and services at the international ‘Trade Fair’ in Armenia. Over…
CBI alloted €2bn for necessity goods, medicine since March
MNA – The Central Bank of Iran has allotted €2 billion for the purchase of necessity goods and medicine since the start…
Interaction with Iran in favor of world economy, global trade
IRNA – Managing Director of Pars Special Economic Energy Zone (PSEEZ) said interaction with Iran is in the interest of the international…
US economic terrorism: Bases, goals
Alwaght – The US President Donald Trump recently announced an array of sanctions on a set of countries, particularly Iran. Trump said…
After oil, Washington weighs sanctions on Iran’s other sources of US dollars
The Wall Street Journal | Benoit Faucon and Ian Talley: The Trump administration is considering a more-aggressive enforcement of its economic sanctions…
Iran currency, gold enter bull market
Financial Tribune – A mid the upbeat in the Tehran stock market, gold and currency closed the week bullish despite decline in…
Persian Gulf oil flow plunges as Trump turns the screw on Iran’s exports
Bloomberg | Julian Lee: Exports of crude and condensate from the OPEC countries of the Persian Gulf, which account for about 75…
NIOC selling oil at IRENEX while US tightens sanctions
MNA – National Iranian Oil Company sold 70,000 barrels of heavy crude oil at Iran Energy Exchange (IRENEX) for the first time…
Significant annual jump for minerals production, exports
Tehran Times – Iranian mining sector witnessed some prominent growth both in production and export during the past Iranian calendar year (ended…
With or without sanctions, Iran needs to say goodbye to oil money
MNA – Saying goodbye to easily-gained oil revenues is a bitter pill that Iran should swallow. To do so, though very difficult…
Iran’s petrochemical industry unsanctionable: NPC head
Tehran Times – The managing director of Iran’s National Petrochemical Company (NPC) said petrochemical industry is not like oil industry and it…
Iran hasn’t cut oil production or halted exports, IOOC head says
Bloomberg – Iran’s oil production hasn’t seen any reduction and the country just loaded crude for export, said Hamid Bovard, the head…
Syrian delegation in Tehran to review economic relations
Financial Tribune – Iran Chamber of Commerce, Industries, Mines and Agriculture hosted an economic forum with representatives of Syria’s private sector led…
US sanctions on Iran oil doomed to failure: Defense min.
MNA – Iranian Minister of Defense Amir Hatami voiced confidence that the US plans to drive Iran’s oil exports to zero will…
S Arabia, UAE unable to increase oil production: Larijani
MNA – Iranian Parliament Speaker Ali Larijani said that Saudi Arabia and the United Arab Emirates cannot increase their oil production despite…
Iran vows response to threats from fellow OPEC producers
SHANA — Iran’s petroleum minister said Thursday that his country will respond to any threats by fellow OPEC member states. “Iran is…
Tabriz, Nakhchivan review Medical ties
MNA – Medical conference of Tabriz University of Medical Sciences was held in Nakhchivan Autonomous Republic on Friday. This medical conference was…
Iran, Germany to work on organizing exhibits
IRNA – An Iranian organization in charge of industrial development reached an agreement with a German major organizer of trade exhibits. The…
S. Africa sees no limitation for direct coop. with Iran
MNA – The sales director of a South African firm said despite unilateral US sanctions on Iran, his company has no limitation…
Iran’s NIOC to open office in Iraq
IRNA – National Iranian Oil Company (NIOC) will open an office in Iraq with the purpose of easing Iranian manufacturers activities in…
CBI head outlines steps taken to overcome US sanctions
IRNA – Governor of Central Bank (CBI) of Iran Abdolnasser Hemmati outlined the measures implemented to confront the outcomes of US economic…
Iran petroleum minister leaves Tehran for Muscat
SHANA — Iranian Minister of Petroluem Bijan Zangeneh left Tehran for Muscat to engage in energy talks with Omani officials. He departed…
India ready to deal with impact of US sanctions on Iran
Reuters – India is ready to deal with the impact of U.S. sanctions against Iran and will get extra supplies from other…
Unilateral decisions on Iran ineffective
SHANA — OPEC Secretary General Mohammed Barkindo said Thursday “unilateral” decisions against Iran would not be effective. He told Shana after a…
Europe tries to sidestep the US finance system
Bloomberg | Lionel Laurent: The vehicle being touted as a way to get around Trump’s Iran sanctions has faced plenty of skepticism.…
Tehran construction material prices exceed 59 percent in Q4
Financial Tribune – The general price index of construction materials for residential units in Tehran rose 59.7% during the fourth quarter of…
Tehran Stock Exchange closes 5-day winning streak
Financial Tribune – With the stock market making new inroads, the main index of the Tehran Stock Exchange for the first time…