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Indonesian president in Tehran+Photo

Indonesian president in Tehran+Photo

President Rouhani: Strengthening Tehran, Jakarta ties to benefit both nations TEHRAN, Dec. 14 (MNA) – President Rouhani has said the strengthening of relations between Iran and Indonesia will benefit both nations and the region, adding, Tehran and Jakarta are determined to expand their cooperation. Rouhani made the remarks on Wednesday in Tehran at a joint…

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Lukoil begins oil exploration in Persian Gulf

Lukoil begins oil exploration in Persian Gulf

A senior Russian official has reported on launch of activities by Lukoil Company in oil exploration projects in the Persian Gulf. Speaking during the 13th meeting of Iran-Russia Joint Economic Commission, Russian Deputy Minister of Energy Kirill Molodtsov touched upon major axes of talks between Iranian and Russian firms over oil, gas and energy industries…

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Boeing provide financing for the planes it sells to Iran

Boeing provide financing for the planes it sells to Iran

Boeing has agreed to provide financing for the first six planes it sells to Iran, Iran Air chief Executive Farhad Parvaresh was quoted as saying by Fars news agency on Tuesday. Parvaresh added that IranAir will pay 15 percent of prices of the passenger jet from Iran’s development fund./ (Source: Reuters) Iran buy 80 airplanes…

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Switzerland calls for stronger co-op with Iranian SMEs

Switzerland calls for stronger co-op with Iranian SMEs

Former Swiss ambassador to Iran, Livia Leu Agosti (L), has voiced her country’s willingness for boosting economic cooperation between Iranian and Swiss small and medium-sized enterprises (SMEs), Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) portal reported. Former Swiss ambassador to Iran, Livia Leu Agosti (L), has voiced her country’s willingness for boosting economic…

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Polish Foreign Investment Agency lunch office in Tehran

Polish Foreign Investment Agency lunch office in Tehran

Polish Information and Foreign Investment Agency (abbreviated to PAIiIZ in Polish) will open an office in Tehran and has already received the necessary permit, according to Wojciech Fedko, a member of the board in the agency. Fedko made the remarks in a Monday meeting in Tehran with Abolfazl Rahnama, a director in Foreign Affairs Department…

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Iran’s NIOC sign deal with Russian Gazprom+Photo

Iran’s NIOC sign deal with Russian Gazprom+Photo

Iran signed preliminary agreements with Russia’s Gazprom on Tuesday to develop two major oilfields in the latest of a flurry of deals with foreign firms, local media reported. The deals open the way for Gazprom to carry out studies at the Cheshmekosh and Changouleh fields near the border with Iraq, according to the Shana news…

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Austrian companies participating in Iran’s oil projects+Photo

Austrian companies participating in Iran’s oil projects+Photo

Representatives of Austria’s OMV and some other leading energy companies of the country in the meeting of Iran-Austria Joint Energy Committee in Tehran on Saturday expressed their willingness to participate in Iran’s oil projects. The meeting was also attended by representatives from National Iranian Oil Company (NIOC), National Iranian Gas Company (NIGC), Iran’s National Petrochemical…

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Iran’s crude oil price up $1.8 in a week

Iran’s crude oil price up $1.8 in a week

Iran sold its light crude oil at $46.6 per barrel in the week ended on December 2, with $1.84 rise from its previous week, IRNA reported on Monday. Iran’ light oil price stood at $40.12 on average since the beginning of 2016 until December 2. The country also sold its heavy crude oil at $45.37…

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Photo: “Avantage” wins three awards at 10th Iran Cinema Verite festival

Photo: “Avantage” wins three awards at 10th Iran Cinema Verite festival

Filmmaker Saeid Kart has received three awards including the best director award for his “Avantage” in the national competition section of the 10th Cinema Verite, Iran’s major international festival for documentary cinema. “Avantage” also brought the best music award for Saba Nedai and the best sound award for Arash Qasemi, the organizers have announced. Winners…

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Report: Hyundai deal $1.3b with Iran

Report: Hyundai deal $1.3b with Iran

Hyundai Heavy Industries Co. (HHI) received two deals valued at a combined $1.3 billion (1.52 trillion won) at once at the end of the year. Out of $1.3 billion (1.52 trillion won), it clinched a $700 million (821.1 billion won) order from Iran that marks the Middle Eastern country’s first ship order since international sanctions…

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