Category: 4. Business

TEHRAN- National Iranian Drilling Company, a subsidiary of the National Iranian Oil Company (NIOC), is a key player in Iran’s oil and gas industry, responsible for drilling operations.

The company that conducts exploration, development, and…

Russia Supports Iran’s Membership in the BRICS New Development Bank

TEHRAN (Iran News) According to IRNA reports from the Iranian Embassy in Moscow on Wednesday evening, Ivan Chepskov made these remarks during a meeting with Iran’s…

“Certainly, we will analyze their impact on our economy. We will take measures to safeguard our interests if necessary. And some countermeasures are also possible,” the senior diplomat told TASS news agency.

The EU’s 18th package of anti-Russian…

TEHRAN – Iran’s National Home Appliance Manufacturers Association is drafting a strategic export plan as its top priority for the year, aiming to lift the industry out of prolonged stagnation, the association’s secretary general said.

Nasrin…

TEHRAN – Iran’s petrochemical industry remains committed to achieving its development goals for the current year, despite disruptions caused by a 12-day conflict triggered by Israeli airstrikes, a senior official said.

Hossein Alimorad,…

TEHRAN- Iran imported non-oil commodities valued at $354 million from Russia during the first quarter of the current Iranian calendar year (March 21-June 21), according to the head of the Islamic Republic of Iran Customs Administration…

TEHRAN – Iran has increased crude oil production by 38,000 barrels per day (bpd) at its South Azadegan oilfield over the past 10 months, following the successful drilling and completion of 17 wells, the head of Petropars, the company developing…

Speaking at a news conference in Yerevan, Pashinyan said the government had submitted its membership application to the Eurasian political, economic, and security bloc.

“It fits well within our agenda of balancing and pursuing a balanced foreign…

TEHRAN- The managing director of the National Iranian Drilling Company (NIDC) explained the outlook for the development of the drilling industry in the country, and said: “The most important global indicator in the field of drilling is the…

TEHRAN – Iran has successfully localized the production of more than 11,500 strategic refinery equipment and components, according to the managing director of South Pars Gas Complex, a key player in the country’s gas industry.

Speaking to…