Category: 4. Business

Iranian and Turkish trade delegations have reviewed the implementation of a memorandum of understanding on bilateral cooperation and explored mechanisms to achieve the target of $30 billion in trade.

Reza Masroor, the secretary of Iran’s…

Touraj Dehghani, CEO of the state-run Pars Oil & Gas Company, announced that the newly launched well, located in Phase 12 of South Pars, will add 2 million cubic meters (mcm) per day to the field’s production capacity.

The well is the first of…

Stocks immediately tumbled after Trump’s Truth Social post announcing his latest tariff threat before paring some losses. The Nasdaq Composite ticked into the green, up 0.3%, while the S&P 500 and Dow remained in negative territory, down 0.3%…

The 20th International Exhibition of Auto Parts, Accessories, and Assemblies will be held from May 29 to June 1, 2025, at Tehran’s Permanent International Fairgrounds.

The auto industry exhibition is among the top three exhibitions in the…

Esmaeil Baghaei stated that there is no basis for any action against free trade or commercial vessels of any country in international waters.

Baqaei, during a press briefing on Monday, responded to a question about negotiations with the United…

The project aims to maintain and sustain gas production from the field.

Chief Executive of Pars Oil and Gas Company (POGC) Touraj Dehghani stated that Well No. 5 at the SPD12B platform in Phase 12 of the South Pars gas field has been completed…

Successive rounds of sanctions on companies and tankers said to be aiding Tehran are finally slowing the flow of Iranian oil to China, as costs rise and more traders are compelled to engage in risky efforts to circumvent US measures, Bloomberg…

President Msoud Pezeshkian and senior Oil Ministry officials attended a ceremony on Saturday to award the contracts to four major Iranian energy companies, namely Petropars, Khatam Headquarters, OIEC, and MAPNA.

The companies will work on…