Iran Review > Energy and Economy
Iran, Italy to sign €1.2b railroad deal
Wednesday, July 5, 2017

Financial Tribune- Iran’s national rail company, the Islamic Republic of Iran Railways, will sign a €1.2 billion deal with its Italian counterpart on July 11 to build a high-speed railroad between the cities of Qom and Arak.

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India gives Iran $11-billion "best offer" on Farzad-B field
Wednesday, July 5, 2017

An Indian consortium is willing to spend as much as $11 billion to develop a giant Iranian natural gas field and build the infrastructure to export the fuel as long as the Persian Gulf nation guarantees a “reasonable return” on the project, according to the company leading the group.

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Total inks Landmark Gas Deal with Irans NIOC
Wednesday, July 5, 2017

The French energy major Total signed contract with the National Iranian Oil Company (NIOC) for developing phase 11 of the supergiant South Pars Gas Field in Iran

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FATF extends suspension of Iran restrictions
Sunday, July 2, 2017

The Financial Action Task Force has decided to continue the suspension of counter-measures against Iran, “in light of Iran’s demonstration of its political commitment and the relevant steps it has taken in line with its Action Plan.”

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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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