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Iran to invest $20bn for development of new gas fields: Petroleum official
Jan 27, 2021 02:14An Iranian Oil Ministry official says the government aims to spend some $20 billion in new investment for development of gas fields to meet a growing demand for energy in the country.
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Iranian researchers develop blood-clotting agent
Jan 25, 2021 13:27A pair of researchers from Iran say they are among the few in the world to have developed a unique blood-clotting agent.
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US Senator: Trump’s campaign against Iran 'catastrophic failure'
Jan 25, 2021 08:34A US senator has vehemently denounced former US president Donald Trump’s policy of “maximum pressure” against Tehran, warning that the Iran hawks, who used to champion the wrong approach, are now trying to prevent his successor Joe Biden from opting out of it.
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Iran to continue cash injections to stabilize forex market: Chief banker
Jan 25, 2021 03:08The Central Bank of Iran (CBI) has injected nearly $1 billion into a secondary exchange market in the country as it seeks to stabilize foreign currency prices amid hopes that higher crude sales and better exports could boost the country’s access to hard currency.
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Indonesia seizes Iranian, Panamanian oil tankers over alleged illegal oil transfer
Jan 25, 2021 03:00Indonesia says it has seized two oil tankers, one Iranian and one Panamanian, claiming they were illegally transferring oil in its waters.
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25th Iran Oil Exhibition underway in Tehran as US sanctions fail
Jan 25, 2021 02:49The 25th Exhibition of Iran’s Oil, Gas, Refining and Petrochemical Products is being held in Tehran.
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Iranians should have confidence in bright economic future: Rouhani
Jan 24, 2021 09:39President Hassan Rouhani has assured the nation of a bright future for the Iranian economy as the failure of the US economic war will open up a new chapter in trade ties.
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Iran not interested in ‘direct contact’ with Biden administration for now: Senior diplomat
Jan 24, 2021 02:55A senior Iranian diplomat says the Islamic Republic has had no contact with the administration of new US President Joe Biden, stressing that any possible talks could only be held within the “right format” of a 2015 multilateral nuclear agreement signed between Tehran and major world powers.
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Iran’s gas output tops 1 bcm/d amid calls for efficiency
Jan 24, 2021 02:34Iran’s production of natural gas has finally topped a long-awaited mark of one billion cubic meters per day (bcm/d) as authorities urge households and businesses to become more efficient in consumption.
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US blocking Iran’s payment of UN membership dues: Zarif
Jan 22, 2021 10:25Foreign Minister Mohammad Javad Zarif on Friday said the government has allocated funds for the payment of its dues to the UN, but Washington is preventing Tehran from paying its contributions.