Iran Review > Energy and Economy
Iran’s annual GDP growth at 12.5%: CBI
Tuesday, June 20, 2017

Iran's growth of gross domestic product (GDP), including oil sector, hit 12.5 percent in the previous Iranian calendar year 1395 (ended on March 20, 2017), the Central Bank of Iran (CBI) reported.

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Iran oil output rises in May: OPEC
Wednesday, June 14, 2017

Iran produced 3.795 million barrels per day (bpd) of oil in May, an increase of 4,000 bpd from 3.791 million bpd in April, the Organization of the Petroleum Exporting Countries (OPEC) announced in its monthly report released on Tuesday.

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Russian companies express interest in developing 9 Iranian oil and gas fields
Saturday, June 10, 2017

Following the conclusion of the St. Petersburg International Economic Forum (SPIEF) on Saturday, Iran's deputy oil minister for international affairs Amir-Hossein Zamaniniya talked to Sputnik about the prospects for Russian companies developing Iranian oil and gas fields.

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High-cost Sardar-e Jangal could bring Iran high-tech
Wednesday, May 31, 2017

Caspian Sea, the world’s largest inland body of water, was mainly a center of fishing activities and also a marine transportation hub by the middle of the past century. But discovery of the first oil and gas reserves in the world’s largest lake in the late 1940s added to its strategic and geopolitical significance.

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Iran, Czech seek to boost cooperation
Sunday, May 28, 2017

Iranian and Czech officials underlined the need to broaden cooperation in various economic fields.
Iran's Chargé d'Affaires to the Czech Republic Ali Akbar Jokar and Governor General of Liberec Province Martin Půta in a meeting explored avenues to bolster and strengthen bilateral ties, Fars News Agency reported.

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Oil output capacity seen rising 25% in 5 years: Zanganeh
Sunday, May 28, 2017

Iranian Oil Minister Bijan Namdar Zanganeh has said he sees the country adding 25 percent to its oil production capacity in the next five years.

 

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Total confirms target of concluding Iran gas deal before summer
Sunday, May 28, 2017

French oil major Total still plans to conclude the Iran South Pars gas deal before summer, its CEO Patrick Pouyanne told journalists on the sidelines of the company's annual general meeting on Friday.

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64% rise in German machinery export to Iran
Wednesday, May 24, 2017

Executive Director of German Deutscher Werkbund (German Association of Craftsmen DWB) Wilfried Schafer said on Tuesday that export of German Machinery to Iran rose by 64 percent in value to 33 million euros.

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Over third of May, 16% growth in trading value in IME
Sunday, May 21, 2017

 

During weekdays ending up to May 18, with 465,135 MT of commodities worth over 288 million USD were traded in Iran Mercantile Exchange, 15% growth in trading volume and 16% growth in trading value were registered.

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China stresses Iran's role in Silk Road initiative
Wednesday, May 17, 2017

Iranian and Chinese ministers of economy and finance met on the sidelines of ‘New Silk Road’ summit in Beijing to stress resolve for expanding economic cooperation and removing potential obstacles ahead.

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