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Azerbaijan’s SOCAR reviving Iran deals Energy

Azerbaijan’s state oil firm SOCAR says it is looking to revive trade with Iran as the two neighbors are strengthening relations after the lifting of sanctions on the Islamic Republic.  Azeri President Ilham Aliyev arrived in Tehran on Tuesday to

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Iran invited to Doha oil freeze talks Energy

Iran invited to Doha oil freeze talks Qatar’s media said on Wednesday that the country has invited Iran to join talks over implementing a proposed oil production freeze to help stabilize prices. Qatar’s Ministry of Energy and Industry has

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Iran announces major jump in oil exports Energy

Iran announces major jump in oil exports Iran says its oil exports have already reached around 2.2 million barrels per day (bpd) in what could highlight a major progress in the country’s post-sanctions oil industry performance. Iran’s First Vice

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Persian Panic Political and military events

Construction of a navigable channel linking the Caspian Sea and the Persian Gulf is underway. It is expected the project will be completed in the 2020s. The project is particularly interesting for Russia due to the cold spell with Turkey, but European and post-Soviet states

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Doha oil meeting helpful, yet not ideal Energy

The upcoming Doha meeting on oil production will yield positive results on prices, yet it is far from an ideal move, said Mohammad Ali Khatibi, former Iranian representative in OPEC. The reason is that the meeting is going to focus on

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Europort to Partner IRANIMEX Investment

Leading maritime exhibition offers gateway to maritime and offshore opportunities in Iran   Europort has become the official and exclusive international partner of IRANIMEX, the leading maritime & offshore exhibition in Iran. The agreement brings together the brand behind the

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ECO-Caspian energy transition through gas Energy

ECO-Caspian energy transition through gas The oil price slide since mid-2014 has severely constrained economic growth and investment in the Economic Cooperation Organization (ECO) & Caspian region. Despite this, regional governments nevertheless expect an improved market climate &

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Master of its domains Investment

Master of its domains Much is made about the importance of oil to the Russian economy, but Russia is a global energy powerhouse that’s much more than a petro-state By Scott L Montgomery Russia is not what you think. Most

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Russian oil CEO: We won't do deals with OPEC Energy

Russian oil CEO: We won't do deals with OPEC MOSCOW (CNNMoney) —A top Russian oil executive may just have killed off any lingering talk of an agreement among producing countries to freeze output. The world's top exporters, including Russia,

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Empty Gazpromises Energy

Empty Gazpromises Much of the debate concerning the Nord Stream II pipeline centres on whether the project should be seen as a commercial undertaking, or as an effort to lock in Gazprom’s dominance in Europe and deal a blow to Ukraine. The

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Iran Oil Show 2016 kicks off Energy

Iran Oil Show 2016 kicks off The 21st International Oil, Gas and Petrochemical Exhibition started work here Thursday for four days. Near 2,000 companies from Iran and 38 world countries have attended Iran Oil Show this year.

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Iran launches talks with 4 states over oil swap Energy

Iran launches talks with 4 states over oil swap Deputy oil minister has reported on negotiations with Turkmenistan, Azerbaijan, Kazakhstan and Russia on oil swap resumption. Speaking at the conference on development of Iran-China economic trade cooperation

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Intl. rail expo, conference kick off Investment

Intl. rail expo, conference kick off   The 4th International Exhibition of Rail Transportation, Related Industries and Equipment of Iran, dubbed RAILEXPO 2016, and the first international conference titled “Rail-Ports and Rail-Oil” opened in Tehran on Sunday. Representatives

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Next Big Travel Destination: Iran? Tourism

Next Big Travel Destination: Iran? Global hotel companies are establishing new beachheads in Iran, betting that lifted sanctions against the Middle East nation will spark a jump in tourism and business travel after decades of economic isolation. Spanish operator Melia

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Hotel investors look to Iran Investment

Hotel investors look to Iran Global hotel companies are betting that lifted sanctions against Iran will bring waves of tourists and business travel to the Middle East Nation. For example, the Spanish operator Melia Hotels International plans to open a 319-room hotel

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Port Of Call Investment

Port Of Call The Chabahar port in Iran will help India get direct access to Central Asian markets. For India Inc, it is a huge business opportunity. On September 1, 2014, when Prime Minister Narendra Modi was on his maiden visit

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Iran, Russia in talks over electricity exchange Energy

Iran, Russia in talks over electricity exchange   A new report says Iran and Russia are in final talks over electricity exchange during high seasons. Payam Baqeri, head of Export Committee of the Iranian Power Industry Union, has told the Azerbaijan

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Tehran, Kiev after closer trade ties Investment

Tehran, Kiev after closer trade ties   Deputy industry minister, at a meeting with Ukraine’s ambassador to Iran, called for expansion of trade exchanges between Tehran and Kiev. Valiollah Afkhamirad, who heads Iran's Trade Promotion Organization (TPO), voiced

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India and SCO Political and military events

India and SCO India Has More Hoops to Jump for SCO Membership   “I convey our deep sense of gratitude to the members of the SCO for accepting India as a full member,” Prime Minister Narendra Modi told leaders of the Shanghai

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Russia supports Iran’s SCO membership Political and military events

Russia supports Iran’s SCO membership Russian officials have reiterated support for Iran’s membership in the Shanghai Cooperation Organization (SCO) and have emphasized that the process for Iran’s membership in the Organization need to be expedited.   Bakhtiyer Khakimov, Russia’s presidential

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Barter Enables Iran-Turkmenistan Gas Trade Energy

Iran will import gas worth $30bn from Turkmenistan over the next ten years in exchange for engineering goods and services of the same value. Oil ministry representative Mohammad Taqi Amanpour said June 27 that the two countries had finalized $2.5bn of

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Daimler vows to take China off Iran roads Investment

Daimler says its trucks division will start the deliveries of Mitsubishi Fuso brand in Iran later this year.  The German carmaker and Iran’s Mammut Group signed a distribution agreement for Fuso trucks, especially in the light-duty segment, back in January as

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Iran recommences petchem exports to Britain Energy

Iran resumed petrochemical exports to Britain sending a consignment to the country for the first time after lifting of the international sanctions, Mehr news agency reported on Sunday. According to the report, before international sanctions imposed on Iran, European countries

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railroad from Russia to Iran Investment

railroad from Russia to Iran   The ambitious North-South Transport Corridor can allow us easy access to a vast region, boosting trade and diplomacy   The commencement of operations on the International North-South Transport Corridor project — connecting Bandar Abbas

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Caspian Energy Grid – London Launch Energy

Caspian Energy Grid – London Launch   The Caspian Sea is the largest enclosed body of water by area and the resources to be found around in and under the Caspian Sea have been disputed for millennia. The issues

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Russia, Iran to deepen ties in aviation industry science

Russia, Iran to deepen ties in aviation industry    After conducting a thorough review, Russia reached a conclusion that it's ready to supply 100 short-haul passenger aircraft Sukhoi Superjet 100 to Iran, according to the latest reports. Russia has clarified that due

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Russian industrial giant seals deal with Iran Investment

Russian industrial giant seals deal with Iran   Russia’s Technopromexport has become the country’s first enterprise to win a major industrial deal from Iran after the removal of the sanctions against the country.  Technopromexport, part of Russia's

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Russians to build 1.4 GW coal plant in Iran Energy

Russians to build 1.4 GW coal plant in Iran Tekhnopromexport, part of Russia's state industrial conglomerate Rostec, has become the first Russian company to win a large, firm contract with Iran after the end of Western sanctions

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Iran, Russia map out rival to Suez Canal Investment

Iran, Russia map out rival to Suez Canal   The International North-South Transport Corridor (NSTC), a multi-model route to link India and the Middle East to the Caucasus, Central Asia and Europe, is being nurtured for significantly reducing costs and travel time

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Iran, Azerbaijan ink 6 MoUs in Baku Investment

Iran, Azerbaijan ink 6 MoUs in Baku The Islamic Republic of Iran and the Republic of Azerbaijan signed six memoranda of understanding in Baku on Sun. to further deepen ties between the two countries. In the ceremony

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Trade between Russia & Iran surges 71 percent Investment

 Trade between Russia & Iran surges 71 percent   With the lifting of sanctions, trade turnover between Moscow and Tehran has grown 70.9 percent in year-on-year terms, according to Russia's ambassador to Iran, Levan Dzhagaryan. Since international sanctions against Iran

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Major rise seen in Russia’s trade with Iran Investment

Major rise seen in Russia’s trade with Iran Russia says its trade with Iran has increased by 70.9 percent after the sanctions against the Islamic Republic were removed earlier this year. Russia’s Ambassador to Tehran Levan Dzhagaryan was quoted

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Mastercards now available in Iran Investment

Mastercards now available in Iran   Iran’s ICT Minister Mahmoud Vaezi has announced that MasterCard’s international credit cards are now available inside the country. Speaking during a ceremony to inaugurate infrastructure projects of Iran Post, Iranian Minister of

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Iran, Russia ink 1 billion dollar oil rig deal Energy

Iran, Russia ink 1 billion dollar oil rig deal   Russian shipbuilder Krasnye Barrikady and an Iranian company have signed a deal worth $1 billion to build five offshore drilling rigs for oil and gas exploration in the Persian Gulf.  The deal

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Artificial fish lakes of Azerbaijan under liquidation Fishing

Artificial fish lakes of Azerbaijan under liquidation   State Committee on real estate matters takes measures to ensure efficient use of land in Azerbaijan. State Committee on real estate matters informed that on 9 September raids and monitoring for creation of artificial

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Iran central part of Silk Road Investment

Iran central part of Silk Road   Austrian President of International Institute for Peace (IIP) has said Chinese effort to revive classical Silk Road is unlikely to incite animosity from European countries. Payman Yazdani of Mehr News International

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Russia Ups Oil Output Ahead of OPEC Meeting Energy

Russia Ups Oil Output Ahead of OPEC Meeting Russia Ups Oil Output Ahead of OPEC Meeting Russia could soon become the world’s biggest oil producer if it continues pumping oil at levels not seen since Soviet times. Russian Energy Ministry data shows that

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China Opens New Rail Link With Iran Investment

Beijing has officially opened its new train route to Iran, as the US urges its companies to wind down their operations with Tehran. As US President Donald Trump hardens his confrontational attitude to Tehran, tearing up the 2015 nuclear

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Russian Steelmaker Stops Deliveries to Iran Investment

MMK, one of Russia’s largest steel producers, has stopped deliveries to Iran against the backdrop of new sanctions Washington has promised to impose on Tehran. The announcement was made by Andrey Eremin, the company’s director for economics, in an

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IIKSS Search

Russian Steelmaker Stops Deliveries to Iran Investment

MMK, one of Russia’s largest steel producers, has stopped deliveries to Iran against the backdrop of new sanctions Washington has promised to impose on Tehran. The announcement was made by Andrey Eremin, the company’s director for economics, in an

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China Opens New Rail Link With Iran Investment

Beijing has officially opened its new train route to Iran, as the US urges its companies to wind down their operations with Tehran. As US President Donald Trump hardens his confrontational attitude to Tehran, tearing up the 2015 nuclear

read more

Russia Ups Oil Output Ahead of OPEC Meeting Energy

Russia Ups Oil Output Ahead of OPEC Meeting Russia Ups Oil Output Ahead of OPEC Meeting Russia could soon become the world’s biggest oil producer if it continues pumping oil at levels not seen since Soviet times. Russian Energy Ministry data shows that

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Iran central part of Silk Road Investment

Iran central part of Silk Road   Austrian President of International Institute for Peace (IIP) has said Chinese effort to revive classical Silk Road is unlikely to incite animosity from European countries. Payman Yazdani of Mehr News International

read more

Artificial fish lakes of Azerbaijan under liquidation Fishing

Artificial fish lakes of Azerbaijan under liquidation   State Committee on real estate matters takes measures to ensure efficient use of land in Azerbaijan. State Committee on real estate matters informed that on 9 September raids and monitoring for creation of artificial

read more

Iran, Russia ink 1 billion dollar oil rig deal Energy

Iran, Russia ink 1 billion dollar oil rig deal   Russian shipbuilder Krasnye Barrikady and an Iranian company have signed a deal worth $1 billion to build five offshore drilling rigs for oil and gas exploration in the Persian Gulf.  The deal

read more

Mastercards now available in Iran Investment

Mastercards now available in Iran   Iran’s ICT Minister Mahmoud Vaezi has announced that MasterCard’s international credit cards are now available inside the country. Speaking during a ceremony to inaugurate infrastructure projects of Iran Post, Iranian Minister of

read more

Major rise seen in Russia’s trade with Iran Investment

Major rise seen in Russia’s trade with Iran Russia says its trade with Iran has increased by 70.9 percent after the sanctions against the Islamic Republic were removed earlier this year. Russia’s Ambassador to Tehran Levan Dzhagaryan was quoted

read more

Trade between Russia & Iran surges 71 percent Investment

 Trade between Russia & Iran surges 71 percent   With the lifting of sanctions, trade turnover between Moscow and Tehran has grown 70.9 percent in year-on-year terms, according to Russia's ambassador to Iran, Levan Dzhagaryan. Since international sanctions against Iran

read more

Iran, Azerbaijan ink 6 MoUs in Baku Investment

Iran, Azerbaijan ink 6 MoUs in Baku The Islamic Republic of Iran and the Republic of Azerbaijan signed six memoranda of understanding in Baku on Sun. to further deepen ties between the two countries. In the ceremony

read more

Iran, Russia map out rival to Suez Canal Investment

Iran, Russia map out rival to Suez Canal   The International North-South Transport Corridor (NSTC), a multi-model route to link India and the Middle East to the Caucasus, Central Asia and Europe, is being nurtured for significantly reducing costs and travel time

read more

Russians to build 1.4 GW coal plant in Iran Energy

Russians to build 1.4 GW coal plant in Iran Tekhnopromexport, part of Russia's state industrial conglomerate Rostec, has become the first Russian company to win a large, firm contract with Iran after the end of Western sanctions

read more

Russian industrial giant seals deal with Iran Investment

Russian industrial giant seals deal with Iran   Russia’s Technopromexport has become the country’s first enterprise to win a major industrial deal from Iran after the removal of the sanctions against the country.  Technopromexport, part of Russia's

read more

Russia, Iran to deepen ties in aviation industry science

Russia, Iran to deepen ties in aviation industry    After conducting a thorough review, Russia reached a conclusion that it's ready to supply 100 short-haul passenger aircraft Sukhoi Superjet 100 to Iran, according to the latest reports. Russia has clarified that due

read more

Caspian Energy Grid – London Launch Energy

Caspian Energy Grid – London Launch   The Caspian Sea is the largest enclosed body of water by area and the resources to be found around in and under the Caspian Sea have been disputed for millennia. The issues

read more

railroad from Russia to Iran Investment

railroad from Russia to Iran   The ambitious North-South Transport Corridor can allow us easy access to a vast region, boosting trade and diplomacy   The commencement of operations on the International North-South Transport Corridor project — connecting Bandar Abbas

read more

Iran recommences petchem exports to Britain Energy

Iran resumed petrochemical exports to Britain sending a consignment to the country for the first time after lifting of the international sanctions, Mehr news agency reported on Sunday. According to the report, before international sanctions imposed on Iran, European countries

read more

Daimler vows to take China off Iran roads Investment

Daimler says its trucks division will start the deliveries of Mitsubishi Fuso brand in Iran later this year.  The German carmaker and Iran’s Mammut Group signed a distribution agreement for Fuso trucks, especially in the light-duty segment, back in January as

read more