Iran says it has received $43 million in damages from the United States under Case No. A15 of the Iran-United States Claims Tribunal.
ECONOMY Feed Atom
RoydadNaft – In its latest economic report on the Middle East and North Africa (MENA), the World Bank has predicted a 4.1 percent…
RoydadNaft – Oil prices fell by more than $1 on Thursday, extending the previous session’s sharp losses as an uncertain demand outlook overshadowed any boost…
RoydadNaft – The United Kingdom exported $40 million worth of non-oil products to Iran in the seven months of 2023, showing a 14-percent growth compared…
The Secretary of Iran’s Free Zones High Council announced that the Baneh-Marivan Free Zone located on the border with Iraq’s Kurdistan Region is going to be opened in the coming weeks.
The 16th Iran-Belarus Joint Economic Committee meeting is scheduled to be held in Tehran on October 9-10, the portal of Iran’s Trade Promotion Organization (TPO) reported.
Canada's economy stalled in July and edged up slightly in August, data showed on Friday, highlighting a recent sluggish performance that prompted markets to trim bets for another interest rate hike next month.
Saturn Oil & Gas Inc. is taking a unique strategy to growing a Canadian energy company, focused on generating positive shareholder returns through the responsible development of light oil weighted assets in Western Canada.
Russia is selling oil to India at nearly $80 per barrel, some $20 above the Western price cap, traders said and Reuters calculations showed, as tight global oil markets help Moscow generate strong appetite for its exports.
Turkish President Recep Tayyip Erdogan has welcomed Iran’s proposal regarding the so-called Zangezur corridor connecting Azerbaijan to Armenia, saying the corridor can pass through Iran in the event Armenia does not allow it to pass through its territory.
During a meeting between the governors of the central banks of Iran and Qatar, in Doha on Wednesday, the two sides discussed the strategies for developing financial and banking relations between the two countries.
The UK government's development finance institution British International Investment (BII) plans to invest about $1 billion in Indian climate-related projects by 2026, a top official said, drawn to the country's expanding renewable energy capacity.
Officials from Iran and China stressed the need to enhance bilateral cooperation in the standards sector within the framework of the revision of the document of cooperation aimed at facilitating trade and economic relations.
Bank of France head Francois Villeroy de Galhau, a governing council member of the European Central Bank (ECB), said on Saturday that the spike in oil and fuel prices did not change the ECB's objective to bring inflation back towards 2% by 2025.
The head of the National Iranian Gas Company (NIGC) has said gas projects worth over 330 trillion rials (about $663.1 million) are currently underway in less developed regions across the country, IRNA reported.
The Central Bank of Iran (CBI) has reported that the economy grew by 6.2% in the first three months of the Itranian calendar year (March 21 to June 21).
A contract on the integrated development of the joint Azadegan oil field will be signed within a month, said the National Iranian Oil Company (NIOC) director of investment and business development on Wednesday.
Hungary signs a landmark gas supply agreement with Turkmenistan, signaling its shift from reliance on Russian gas. Current transit routes for Turkmen gas involve a three-way swap deal between Turkmenistan, Iran, and Azerbaijan, with possible expansion plans.
Turkish President Tayyip Erdogan asked Tesla CEO Elon Musk to build a Tesla factory in Turkey, the country's communications directorate said on Monday.
Germany must strengthen rather than abandon the liquefied natural gas (LNG) capability built last year to retain energy diversity in the face of continued fragility of supply, a senior economy ministry official told an industry event on Tuesday.
