Iran Economy News

Reuters: Iran has awarded contracts worth $2.6 billion to a company controlled by the Revolutionary Guards, the semi-official Mehr news agency said on Saturday,...

AFP: China is to invest $2.5 billion (1.81 billion euros) in developing Iran's South Azadegan oilfield that straddles the border with Iraq, Iranian news...

Reuters: Indian state-run refiner Hindustan Petroleum Corp (HPCL) is hoping the government can resolve a payments dispute for oil with Iran by the end...

Bloomberg: Iran is seeking to export four gasoline consignments by March 20, the end of the Iranian calendar year, the state-run Mehr news agency...

Bloomberg: Iran plans to attract a total $11 billion of investment in its South Pars natural gas field by March 20, the end of...

Reuters: Iran has stopped its oil related activities in Libya and will evacuate staff in the next 48 hours, the semi-official Mehr news agency...

Reuters: Simultaneous explosions on three gas pipelines jolted the nearby holy Shi'ite city of Qom, the semi-official Mehr news agency reported on Friday. ...

Bloomberg: Turkish President Abdullah Gul will travel to Iran on Feb. 13 with a delegation of more than 100 businesspeople seeking trade opportunities, the...