Category: 4. Business

TEHRAN – Iran’s thermal power plants set a new electricity production record in the Iranian calendar year 1403 (ended March 19, 2025), exceeding 350 million megawatt hours (MWh), according to the Thermal Power Plants Holding Company…

TEHRAN – Representatives from 30 countries across Europe, South America, Asia, and Africa have confirmed their participation in the upcoming “Transformation in Upstream Oil and Gas Investment” event in Iran.

According to Shana, the oil…

Nvidia disclosed in a regulatory filing on Tuesday that future sales of its H20 accelerators to Chinese customers will require a license from the US Department of Commerce.

The company said the licenses are unlikely to be granted.

As a result,…

TEHRAN –The first large bitumen bulk oil tanker of the new Iranian year berthed at Shahid Rajaee Port in southern Iran in early April while the Port of the Persian Gulf marked a 3.9% increase in tanker operation compared to the previous year,…

TEHRAN- The value of non-oil trade between Iran and Saudi Arabia stood at $25 million in the past Iranian calendar year 1403 (ended on March 20), the Islamic Republic of Iran Customs Administration (IRICA) reported.

The IRICA put the volume of…

TEHRAN – Iran and Iraq signed multiple memoranda of understanding to expand cooperation in the oil and energy sectors, as the two sides explored new avenues for joint development and technical collaboration.

According to a statement by Iraq’s…

TEHRAN – Senior Iranian and Russian energy officials have stressed the need to strengthen bilateral cooperation in the oil sector, focusing on joint development of key oilfields.

According to the Petroleum Engineering and Development Company of…

TEHRAN – Iran’s Ambassador to Russia Kazem Jalali, on Monday invited Russian companies to actively take part in Iran Expo 2025, the country’s largest trade and export showcase, during a meeting with Sergey Katyrin, president of the Chamber…