• Iran says imports of cars from US ‘authorized’

    Iran says imports of cars from US ‘authorized’

    Nov 24, 2016 11:17

    Iran says imports of cars from the United States are authorized as long as they are produced by non-American brands.

  • Oil prices may surpass $50 if all producers agree: Petroleum minister

    Oil prices may surpass $50 if all producers agree: Petroleum minister

    Nov 19, 2016 11:31

    Minister of Petroleum Bijan Zangeneh has expressed optimism about an upcoming meeting of the Organization of the Petroleum Exporting Countries (OPEC) later this month, saying crude prices could surpass $50 a barrel if an agreement is reached.

  • Norway’s DNO to study key Iranian oil field

    Norway’s DNO to study key Iranian oil field

    Nov 17, 2016 06:53

    Iran has signed an agreement with Norway’s DNO to study the development of a key oil field which is believed to be jointly shared with Iraq in a yet another sign that shows Western companies are already welcoming the country’s lucrative post-sanctions investment opportunities.

  • Iran eyeing NITC listing in key renovation plan

    Iran eyeing NITC listing in key renovation plan

    Nov 15, 2016 13:01

    Iran says it plans to sell a certain volume of the shares of its key oil shipping company which is considered to have the world’s largest fleet of supertankers.

  • Total, Shell join Iran-Oman pipeline talks

    Total, Shell join Iran-Oman pipeline talks

    Nov 14, 2016 13:59

    Iran says it has hosted a fresh round of talks with Oman for the construction of a subsea pipeline to export natural gas to the Persian Gulf Sultanate, emphasizing that two global energy giants have also been present in the discussions – Total and Shell.

  • President inaugurates three oil fields in Khouzestan

    President inaugurates three oil fields in Khouzestan

    Nov 13, 2016 10:34

    Iran has launched first phase production at three fields in its oil-rich Khouzestan province, bringing its total crude output closer to pre-sanction levels.

  • Austria to open banks in Iran to help trade

    Austria to open banks in Iran to help trade

    Nov 11, 2016 12:32

    Austria says it plans to establish several banks in Iran in what could make it the first European country to take the initiative to facilitate post-sanctions trade activities with the Islamic Republic.

  • Iran says India wants to join Europe rail link

    Iran says India wants to join Europe rail link

    Nov 10, 2016 10:55

    Iran says India has voiced interest to join an ambitious project to establish a multimodal transit corridor that starts in a key southern Iranian port and passes through several Central Asian states before reaching Europe through sea.

  • Iran, Romania FMs sign documents of cooperation

    Iran, Romania FMs sign documents of cooperation

    Nov 09, 2016 11:28

    Foreign Minister Mohammad Javad Zarif and his Romanian counterpart, Lazar Comanescu, have signed two documents of cooperation during a meeting in the Romanian capital of Bucharest.

  • Iran talks gas price cut as Turkey wins ruling

    Iran talks gas price cut as Turkey wins ruling

    Nov 09, 2016 11:19

    Iran is discussing possible discounts in its sales of natural gas to Turkey after a court of arbitration ruled in Ankara’s favor in a dispute over pricing, Minister of Petroleum Bijan Zangeneh says.