Category: 4. Business

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…

TEHRAN – Iran increased its oil production by 12,000 barrels per day (bpd) in March, bringing total output to 3.335 million bpd, according to the latest monthly report from the Organization of the Petroleum Exporting Countries (OPEC).

The…

TEHRAN – Iran is on track to achieve its 2025 target of transporting 54 million tons of domestic and international freight by rail, the head of the Islamic Republic of Iran Railways (RAI) said, citing improved locomotive readiness across the…

Iran is about to host its biggest trade event between April 28 and May 2 when domestic and foreign companies will present their products and services at the Tehran International Exhibition Center.

The Export…