Financials and Investment News in Iran
| 12/5/2014 - The Iranian government is to draft its annual budget bill for next fiscal year (starting in March) based on $70 oil price, the head of Tehran Chamber of Commerce said. ... |
| 11/5/2014 - Indian refiners completed payment of $900 million in frozen oil revenues to Iran under an interim deal that eased some sanctions against Tehran over its disputed nuclear work, said industry sources wi... |
| 11/5/2014 - South Pars Gas Complex has earned $989 million from producing more than 1.6 bcm of gas in the first half of the current calendar year which started on March 21, the SPGC managing-director said. ... |
| 9/6/2014 - -Iran’s Petroleum Minister Bijan Namdar Zanganeh has said that Tehran-Moscow economic cooperation faces no restrictions. ... |
| 1/12/2014 - A deputy petroleum minister has said that budget allocation to petroleum industry projects has doubled in one month. ... |
| 1/11/2014 - Iran’s Petroleum Ministry denied any oil-for-goods contract between the Islamic Republic and Russia. ... |
| 12/24/2013 - Petroleum Ministry public relations manager Akbar Nematollahi said that three museums of petroleum industry have been agreed to be set up. ... |
| 11/24/2013 - The board of directors of National Petrochemical Company (NPC) welcomed sanctions relief on Iran’s petrochemical sector. ... |
| 10/30/2013 - China owes Iran €22 billion in oil and gas debt, vice president for planning and strategic supervision Mohammad Baqer Nobakht has said. ... |
| 9/8/2013 - The entire European Union has not purchased Iranian oil since July 1, 2012, the U.S. State Department said in a statement. Because of that reduction, the U.S. said 10 EU countries had qualified for si... |
| 7/28/2013 - An Iranian lawmaker says chances are high for the Islamic Republic to assume the presidency of the Organization of the Petroleum Exporting Countries (OPEC). ... |
| 7/7/2013 - Iran oil minister says development of the country’s oil and gas industry is going on despite the escalation of illegal US-engineered sanctions against the Islamic Republic. ... |
| 11/29/2012 - Islamic Republic of Iran exported petrochemical products worth 7 billion dollars during the first seven months of current Iranian calendar year, began 20 March 2012. ... |
| 10/24/2012 - Iran’s ministry of petroleum spokesman says the country will reciprocate against any new West’s sanctions. ... |
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10/8/2012 - Iran partially removed gasoline subsidies on domestic consumption leading to a decrease in gasoline demand by 50 tb/d. Oil consumption within the Middle East has been growing by around 2.7% annually. ... |
| 2/20/2012 - Managing director of the Iranian Oil Terminals Company (IOTC), Pirouz Mousavi said to increase the oil swap from north oil terminal necessary steps has been taken and all desired infrastructures have ... |
| 1/25/2012 - The statement read: By imposing new sanctions against Iran’s oil, EU has decided to use oil, which is a non-political means, to achieve its political aims, a decision that will have some consequences,... |
| 1/23/2012 - Here is an outline of EU sanctions against Iran over its nuclear program. New sanctions were imposed Monday. ... |
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11/14/2011 - The monetary authority in Iran had reversed the decision to cut interest rates on bank deposits, aiming to cut excess cash in the economy to halt rising inflation. The Iranian Central Bank governor sa... |
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11/2/2011 - Pakistani Petroleum Minister Asim Hossein said a consortium of banks has been formed to finance the Iran-Pakistan gas pipeline project. ... |
