ECONOMY Feed Atom

Iran’s private sector eyes technical, engineering co-op with Indonesia

3 months ago

30 December 2025

4:07 AM

Iran’s private sector is ready to participate in large-scale technical and engineering projects in Indonesia, the head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) said, calling for closer cooperation between the chambers of commerce of the two countries to facilitate joint business activity.

Iran–EU trade reaches €3.1b in 10 months

3 months ago

28 December 2025

3:06 AM

Trade between Iran and the 27-member European Union reached €3.102 billion in the first 10 months of 2025, according to the latest data released by Eurostat, underscoring the resilience of limited commercial ties despite longstanding sanctions and political tensions.

Oil sale proceeds deposits overseen by CBI, minister says

3 months ago

28 December 2025

3:02 AM

Oil minister said the mechanism for depositing proceeds from oil sales is overseen, monitored and controlled by the Central Bank of Iran, stressing that the Oil Ministry has no role in banking operations related to those funds.

Pezeshkian: Controlling gas flaring is a priority

3 months ago

28 December 2025

3:00 AM

Iran’s President Masoud Pezeshkian said that controlling gas flaring is a priority.

Germany exports goods worth $1.1b to Iran in 8 months

3 months ago

27 December 2025

3:54 AM

Germany exported non-oil products worth $1.184 billion to Iran during the first eight months of the current Iranian calendar year (March 21-Novemebr 21), the Islamic Republic of Iran Customs Administration (IRICA) announced.

Iran aims to become regional energy trading hub

3 months ago

27 December 2025

3:51 AM

Iran will become a regional hub for energy trading by expanding its energy commerce, the country’s first vice president said.

Iran, Vietnam explore joint investment, financial cooperation

3 months ago

22 December 2025

1:12 PM

Iranian and Vietnamese officials and private-sector representatives discussed ways to expand joint investment and financial cooperation, with a focus on building long-term economic ties and using Vietnam as a gateway to Southeast Asia.

The road to a durable Iran-India partnership

3 months ago

21 December 2025

5:35 AM

The second conference on “Understanding the Indian Market and Trade Opportunities” was held on Wednesday at Iran’s Trade Promotion Organization, focusing on Iran–India economic ties and trade opportunities for 2026.

Tehran, Minsk explore co-op opportunities in oil, petchem sectors

3 months ago

19 December 2025

8:23 AM

Iran and Belarus held the third virtual meeting of their joint oil industry working group to review progress and explore new opportunities for cooperation, focusing on implementing the bilateral oil memorandum of understanding between Iran’s Oil Ministry and Belarus’ Belneftekhim petrochemical association.

Fuel price reform revenue to be returned to public: President

3 months ago

15 December 2025

7:30 AM

President Masoud Pezeshkian said all revenue generated from the fuel price reform plan will be spent entirely on improving people’s livelihoods and that not a single rial may be used for other government purposes.

China’s Wang Yi Pledges Deeper Oil, Gas Ties with UAE During Middle East Tour

3 months ago

14 December 2025

4:44 AM

Chinese Foreign Minister Wang Yi and UAE Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan met in Abu Dhabi to pledge deeper cooperation in investment, energy, and infrastructure.

Iran’s export to Turkey up 4% in 10 months on year

3 months ago

13 December 2025

8:09 AM

The Turkish Statistical Institute announced that the value of this country’s imports from Iran in the first ten months of 2025 increased by four percent compared to the same period last year, reaching $2.035 billion.

Iran, Russia to implement Strategic Cooperation Agreement

3 months ago

13 December 2025

8:03 AM

President Masoud Pezeshkian reaffirmed Tehran’s commitment to implementing a comprehensive strategic cooperation agreement with Russia, saying Iran is determined to put the signed accord into effect and expects Moscow to expedite and finalize its part of the process.

IEA Slashes 2026 Global Oil Surplus Forecast; Stronger Economy Fuels Demand Surge

3 months ago

12 December 2025

7:00 AM

The International Energy Agency has lowered its 2026 global oil surplus forecast to 3.84 million barrels per day, citing stronger demand and reduced supply from Russia and Venezuela due to sanctions.

India’s Oilfield Act Overhaul Ignites Exploration Boom

3 months ago

12 December 2025

6:55 AM

India has unleashed the ORD Act of 2025, a sweeping deregulation drive to cut red tape, attract global investors, and turbocharge upstream oil and gas exploration in one of the world’s fastest-growing energy markets.

NIOPDC outlines key measures of new gasoline plan

3 months ago

10 December 2025

3:57 AM

The NIOPDC chief stated the company has taken necessary steps and is fully ready to implement Iran’s new gasoline plan.

Iran’s top 100 SMEs celebrated at 1st national ranking event

3 months ago

9 December 2025

3:59 AM

Iran launched its first SME 100 ranking, a joint IMO–ISIPO initiative to identify top-performing small and medium enterprises through structured evaluation.

Iran a land of ‘Golden Investment Opportunities,’ oil minister says

3 months ago

9 December 2025

3:50 AM

Iran’s oil minister said the country offers “golden opportunities” for investment, especially in the oil and gas sector, and announced that a package of contracts has been prepared for cooperation with friendly nations.

India and Nepal Deepen Economic Ties Through Landmark Trade, Energy and Infrastructure Initiatives

3 months ago

8 December 2025

4:10 AM

India and Nepal are accelerating their economic integration with a series of high-impact projects and policy reforms that span trade facilitation, clean energy, digital payments and cross-border infrastructure, Nepali and Indian sources reported on Sunday.

Pezeshkian: Current gasoline prices unfair, hurt vulnerable Iranians Pezeshkian: Current gasoline prices unfair, hurt vulnerable Iranians

3 months ago

8 December 2025

4:03 AM

President Masoud Pezeshkian, speaking at Shahid Beheshti University’s Student Day, condemned sectoral imbalances and urged fair gasoline pricing to safeguard vulnerable Iranians.

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Latest News of Oil, Gas and Petrochemical industry

ECONOMY Feed Atom

Iran’s private sector eyes technical, engineering co-op with Indonesia

Iran–EU trade reaches €3.1b in 10 months

Oil sale proceeds deposits overseen by CBI, minister says

Pezeshkian: Controlling gas flaring is a priority

Germany exports goods worth $1.1b to Iran in 8 months

Iran aims to become regional energy trading hub

Iran, Vietnam explore joint investment, financial cooperation

The road to a durable Iran-India partnership

Tehran, Minsk explore co-op opportunities in oil, petchem sectors

Fuel price reform revenue to be returned to public: President

China’s Wang Yi Pledges Deeper Oil, Gas Ties with UAE During Middle East Tour

Iran’s export to Turkey up 4% in 10 months on year

Iran, Russia to implement Strategic Cooperation Agreement

IEA Slashes 2026 Global Oil Surplus Forecast; Stronger Economy Fuels Demand Surge

India’s Oilfield Act Overhaul Ignites Exploration Boom

NIOPDC outlines key measures of new gasoline plan

Iran’s top 100 SMEs celebrated at 1st national ranking event

Iran a land of ‘Golden Investment Opportunities,’ oil minister says

India and Nepal Deepen Economic Ties Through Landmark Trade, Energy and Infrastructure Initiatives

Pezeshkian: Current gasoline prices unfair, hurt vulnerable Iranians Pezeshkian: Current gasoline prices unfair, hurt vulnerable Iranians