A senior Russian official has dismissed Western media reports about Russia’s view on a final deal between Iran and the P5+1 group of world powers, saying Moscow has not lost interest in achieving a positive resu...
Iran is building the world’s largest methanol plant which the country is touting as a rival to US shale gas. The Kaveh mega methanol project, being implemented in the Persian Gulf city of Bandar Dayyer, is 70% complet...
Managing director of the National Iranian Tanker Company (NITC) rapped the European Union (EU) for putting the country’s biggest tanker firm back on the list of sanctioned Iranian entities, slamming the move by ...
Head of Tehran Chamber Of Commerce Yahya Al-e Eshaq said that the country is resolved to cut the dependence of its economy on oil revenues based on the Supreme Leader’s Resistance Economy Plan. Al-e Eshaq underl...
Iran will withdraw up to $4.8 billion from its sovereign wealth fund to spend on developing its oil and gas fields next fiscal year under a proposal approved by parliament. The decision to dip into the National Develo...
Iran has negotiated with China to purchase the technical know-how for the production of propylene from that country, a senior energy expert informed on Tuesday. “Iranian and Chinese officials have held talks abo...
National Iranian Gas Company (NIGC) has denied reports on negotiations with the United Arab Emirates’ Crescent Petroleum to revive a troubled gas export deal. “As the issue does not concern the National Iranian ...
Lebanese Environment Minister has called for the Iranian private sector’s involvement in constructing dams in Lebanon. Mohammad Macknouk made the comments in a meeting with his Iranian counterpart Hamid Chitchian in T...
A large number of Iranian MPs are planning to prepare a bill to impose energy sanctions on the European countries, a lawmaker announced on Sunday. “The lawmakers have put this issue (preparing bill) on their age...
Iran said on Saturday that it is negotiating with UAE’s Crescent Petroleum to revive a major gas export deal that ran into troubled waters in 2005. An official from the National Iranian Gas Company (NIGC) has been quo...