Financials and Investment News in Iran
| 2/21/2017 - Iran's oil minister said that the first of its new contracts would be finalized with Total within two months, according to the Mehr News agency. ... |
| 2/7/2017 - Deputy Petroleum Minister for Petrochemical Affairs Marzieyh Shahdaei says petrochemical exports account for 31% of Iran's non-oil exports and 35% of the country's revenues out of industrial products'... |
| 2/7/2017 - Managing Director of National Petrochemical Company (NPC) Marziyeh Shahdaei says the company has defined 70 downstream petrochemical projects and is ready to introduce them to interested financiers. S... |
| 1/4/2017 - The world's largest oil trader, Vitol, has clinched a deal with the National Iranian Oil Co. (NIOC) to loan it an equivalent of $1 billion in euros guaranteed by future exports of refined products, ac... |
| 11/6/2016 - Managing Director of Export Development Bank of Iran Ali Saleh Abadi says 30 to 40% of the bank's portfolio is used for funding oil, gas and petrochemical projects in Iran. ... |
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8/26/2016 - Members of the Organization of the Petroleum Exporting Countries (OPEC) earned $404 billion in net oil export revenue in 2015, according to U.S. Energy Information Administration (EIA) estimates. Thes... |
| 7/23/2016 - India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) says it has paid $1.4 billion to Iran in outstanding debts for previous oil purchases. ... |
| 3/8/2016 - Next year’s draft budget bill has allocated a 20-percent share from export of oil and gas condensates or 6.54 billion dollars for the National Development Fund. ... |
| 2/20/2016 - Global oil giant Shell has announced plans to repay its $2-billion oil debt to Iran, which it says it had been so far barred from paying due to western sanctions imposed against the country. ... |
| 1/16/2016 - International sanctions on Iran will be lifted on Saturday when the International Atomic Energy Agency (IAEA) issues its final report on Tehran's disputed nuclear programme, Foreign Minister Mohammad ... |
| 10/20/2015 - The President Middle East and North Africa of Total Exploration and Production said France’s energy giant is ready for financing Iran’s oil projects as well as for transferring of technology following... |
| 8/23/2015 - Iran has reported a surprise surge in its oil output capacity after a multiple year plunge that was prompted as a result of sanctions against investments in its key energy industries. ... |
| 6/14/2015 - The spokesman for the Iranian government has said that the country’s revenue from selling oil has sharply fallen to $24 billion. ... |
| 5/9/2015 - A senior Iranian petroleum ministry official has predicted that oil prices would vary from $60 to $70 this year. ... |
| 5/6/2015 - Iran and Algeria have agreed to expand economic cooperation, the head of Iran Chamber of Commerce said. ... |
| 5/3/2015 - The Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has said without the sanctions the country would have developed more rapidly in certain areas, however “this was also probable that w... |
| 4/25/2015 - Sanctions have left $7 billion of Iran’s money from crude oil sales stranded abroad, Minister of Economic Affairs and Finance Ali Tayyebnia said. ... |
| 1/9/2015 - OPEC members are not the only countries that the falling oil prices will inflict damage on their economies but the U.S and European countries are expected to have hard days ahead as well. ... |
| 1/5/2015 - Iran’s economy has remained unstable mainly due to its dependency on oil revenues, so the country should find a way to ride out the volatility, former Minister of Economic Affairs and Finance and the ... |
| 12/8/2014 - Iran’s Petroleum Minister Bijan Namdar Zanganeh met with Venezuela’s Oil Minister Asdrubal Chavez in Tehran to discuss expansion of economic and financial ties. ... |
