Energy Economy

Iran is after accomplishing an objective of increasing non-oil exports to 15 neighboring countries by two-fold to counter the US bans on its oil sale.

Iran is ready to facilitate admission of Iraq’s export goods for balancing trade and business.

Industry has slammed the regulator’s outcome of the Targeted Charging Review.

Decommissioning oil and gas infrastructure now represents nearly a tenth of the oil and gas industry’s overall expenditure and will cost around £15.2 billion over the next decade.

The Syrian minister has traveled to Tehran at the invitation of Iran'.s minister of roads and urban development in a bid to form the Iran-Syria Joint Executive Committee for Housing and Urban Development.

The projects include the construction of thermal power plants. hydroelectric power plants. railroads and subway carriages.

Small- and Medium-Sized Enterprises (SMEs) exported $1.5 billion worth of products in the first seven months of the current year (from March 21 to Oct. 22).

Government'.s full control over the foreign exchange market. and expressed hope that reduction of inflation rate would continue in the next few months.

Iran’s national currency of the rial has regained ground after 4 days of fall which was triggered by the government’s decision to increase the price of subsidized gas by 50% and unsubsidized gas by 300% in the country.

Iran has filed a request for a loan of $2 billion from Russia to build power plants. railroads and to purchase subway cars.