IMF hails Iran’s post-sanctions economic performance
PayvandNews - The International Monetary Fund (IMF) has hailed Iran's ability to achieve what it has described as an impressive…
Economy
Iran will be one of the most powerful economies in the world by 2050
PayvandNews- By 2050, the world is likely to have changed drastically from what we know now, and the planet's economic…
Iran Announces Deal To Provide Russia With Oil In Swap For Cash, Goods
RFL/RE - Iran said it will begin selling 100,000 barrels of oil a day to Russia within the next 15…
Energy Giants Say Iran Needs $100 Billion for Gas Upgrade
VOA - Iran sits on what are thought to be the world's largest gas reserves, yet can barely supply its…
Resumption of Iranian oil exports off to slow start
Al-monitor - In mid-January, an Iranian oil tanker leased to a Spanish oil company reached Europe. It called at the…
Iran’s Auto Production Up 40 Percent Year-On-Year
PayvandNews - Iran says its production of automobiles has already seen an increase of around 40 percent over a period…
Iran discovers new oil fields with 30 billion barrels of oil: Official
PayvandNews - Iran has discovered about a dozen new oil fields with in-place reserves of 30 billion barrels, head of…
Iran Oil revenues set to reach $45B-$50B in next fiscal year: Oil Minister
PayvandNews - Iranian oil minister has said that considering oil prices at $55 per barrels, the country's revenues from oil…
Iran’s Bank Mellat loses 37.5% in share value in one day
Al-monitor — The sudden and sharp fall in the main index of the Tehran Stock Exchange (TSE) on Jan. 24…
Russia’s Lukoil Seeks To Expand Mideast Operations As Iran Opens
RFL/RE - Russia's No.2 oil producer, Lukoil, is seeking opportunities for growth in the Middle East as Iran opens its…