Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, which still accounted for 82% of supply, the industry's Statistical Review…

Chronic water outages in and around the city of Kerman in Kerman Province, which has made life miserable in vast areas over the last few days, will end when deep-…

Attempts are underway to start the export of products by petrochemical companies based in Mokran Petrochemical Town in Chabahar County, Sistan-Baluchetan Province, to international markets…

Element 25 Ltd said on Monday it will supply manganese sulfate to General Motors, as the automaker looks to secure supply of battery minerals for its North American electric vehicles, sending…

Bentley will launch five electric models in five years from 2025, the first of which is likely to be a high-riding saloon. The move announced by the Crewe firm on June 26 accelerates its…

The production of domestic vehicles (including commercial and passenger cars) reached 325,000 in the first quarter of the current fiscal year (March 21-June 21), according to the head of the…

Tehran Stock Exchange's main index, TEDPIX, gained 26,985.41 points or 1.25% on Sunday to end at 2,189,601.7 and the TSE equal-weighted index climbed 0.98%. About 10.11 billion shares worth 74.…

The Central Bank of Iran said it gave $1.1 billion in subsidized foreign currency for importing medicine in the first three months of the current fiscal year that started in March.

The Association of Bureaux de Change has called on the Central Bank of Iran to let exchange shops trade foreign currency online. 

In the current fiscal year [started March 21], positive and promising news about Iran's nuclear program or the resolution of regional tensions had a tangible impact on economic indicators.…

Director of Tanzania Trade Development Latifa Khamis held talks with the Iranian Embassy official, Hussein Alvandi Behineh, on the prospects of boosting business relations between the two…

Iran registered a $54 million surplus in the trade of fisheries and aquaculture during the first two months of the current Iranian year (March 21-May 21).

The government and the executive bodies are not entitled to make a decision that imposes a financial burden not covered by the Budget Law.  The authority to make budget decisions have been…

Government officials seem to have realized the importance of controlling speculative demand in the housing market. 

Flights between the holy Iranian city of Mashhad and Muscat, the capital of Oman, have been scheduled to start from July 3 on Mondays by Oman Air, according to the director general of …

EU mediator for reviving the Iran nuclear deal Enrique Mora met with Iran’s top nuclear negotiator Ali Baqeri Kani earlier this week, as Washington and Tehran are reportedly discussing new…

President Ebrahim Raisi said his government is concentrated on restoring balance to foreign policy, with special attention to expanding relations with neighboring, friendly and aligned countries…

Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei underscored that the 1979 Islamic Revolution saved Iran from sinking into a moral, religious and political decline, crediting…

As many as 172 people from the southeastern province of Sistan-Baluchestan have visited medical centers complaining of breathing difficulties over the past three days after a heavy sandstorm…

A Sweden-based company that develops deepwater wind power projects has joined hands with a global renewable energy group to develop an offshore wind farm that could feature turbines as large as…

The thermal power plants across Iran produced more than 80 million megawatt/hours of electricity during the first quarter of the current Iranian year (March 21-June 21), said a deputy manager at…

Higher seaborne crude oil flows are up 8.5% during the first five months of 2023, with China, the EU and India, all posting higher imports.  In its latest weekly report, shipbroker…

A recent report is raising the alarm on gas emissions, which hit “an all-time high” and are causing global warming at an unprecedented rate over the past decade. This increase adds to evidence…

Botas, Turkey's state oil and gas company, has expressed willingness to renew a natural gas contract with the National Iranian Gas Company that expires in 2026, the head of state-run NIGC…

The National Iranian Oil Company’s procrastination in developing joint hydrocarbon fields in the Persian Gulf has helped Arab neighbors to extract as much as they can from the shared…