A report by the Iranian parliament has blamed gasoil sales by Iran’s largest oil refinery this summer for a current fuel shortage in the country’s power plants that has led to scheduled power cuts in many towns ...
Iran and China have signed a memorandum of understanding (MOU) for development cooperation on the sidelines of the Indian Ocean Rim Development Cooperation Forum.
Iranian President Masoud Pezeshkian said arrangements have been made with the help of internationally-renowned consultants to draw up a grand plan for developing the coasts of Makran, located in southeast of the ...
The Chief Justice of Hormozgan province has announced an auction for the sale of two oil tankers named Saghah-2 and Ariana due to their involvement in fuel smuggling.
The Iranian Oil Ministry is racing against time to increase its production and supply of fuels to power plants in the country amid a cold spell that has forced the government to declare back-to-back holidays to ...
The Iranian government has announced a second public holiday in a row in many cities and towns amid efforts to control a rising demand for heating that has pressured gas-fired power plants in the country.
A new official price for the US dollar has been discovered in an exchange market run by the Central Bank of Iran (CBI) amid efforts by the government to control the prices and to make it easier for importers to ...
As a growing number of Iranian economic leaders stress the importance of joining the Financial Action Task Force (FATF) to enhance the country's global trade share, the head of the country’s Chamber of Commerce ...
