Latest Business News in Iran – News and reports about all things to do with commerce, trade, banking and industry in Iran and the world. Covering ongoing developments, market news, contracts, joint ventures, trade delegations, chambers of commerce, manufacturing, labour news and resource management.
The British Petroleum (BP) classed Iran, for the second consequent year, as the world’s top gas reserves holder with 33.8 trillion cubic meters, it was reported on Wednesday.
Iran's Isfahan refinery plans to start producing Euro-4 gasoline once the necessary catalyst is mass-produced in the country, a senior official announced.
Azerbaijan’s Communications and Advanced Technologies Minister Ali Abbasov plans to pay an official visit to Tehran in the second half of June to promote Tehran-Baku ties in various fields of communications and information Technology (IT).
Iranian Economy Minister Ali Tayyebnia left Tehran for Kazakhstan to attend the Fourth Ministerial meeting of the Economy Cooperation Organization (ECO) in the central Asian country.
A senior Iranian energy official says the Islamic Republic is prepared to export natural gas to European countries seeking to diversify their energy sources and gas supplies.
Some 32 world countries will be attending Iranˈs 19th International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2014) to be held in Tehran on May 6-9.
Iranian Oil Minister Bijan Namdar Zanganeh announced that phase 12, the biggest development phase of the massive offshore South Pars gas field, south of Iran, will double gas production by the next month.
Managing director of Iran Tractor Manufacturing Company (ITMCO) said the country sells different models of tractors to various countries around the world.
Iranˈs Ambassador to Ankara Ali-Reza Bigdeli said on Monday that the Iran-Turkey trade ceiling is set at about $16 billion for the current Iranian calendar year of 1393 (starting on March 21).
India has significantly increased its oil purchases from Iran following the implementation of an interim nuclear deal between Iran and six world powers, a report says.
Oil Ministry has a planned to increase oil output to 5.7 million bpd by 2018, Deputy head of the Majlis Energy Commission Ali Marvi said on Saturday citing the plannings presented by Oil Minister Bijan Namdar Zanganeh.
