Iran Economy News

BP, Statoil’s Shah Deniz gas field exempt from EU Iran sanctions

Bloomberg: BP Plc and Statoil ASA’s Shah Deniz natural-gas field off the coast of Azerbaijan was exempted from European Union sanctions on Iran, clearing...

EU’s sanctions on Iran hit BP

Wall Street Journal: BP PLC will likely have to shut down a natural gas field in the North Sea that it jointly owns with...

U.S. targets front companies for Iran shipping line

Reuters: The United States on Wednesday named five Iranian individuals and three dozen companies that it said were helping Islamic Republic of Iran Shipping...

China’s cut in Iran oil imports is ‘warning,’ Petromatrix says

Bloomberg: A reduction in China’s imports of crude oil from Iran may be a “warning sign” regarding the Middle Eastern country’s pursuit of nuclear...

Sanctions making Europe firms review Iran oil buys

Reuters: Some European oil companies are considering whether to keep buying Iranian oil in 2011, industry sources said, citing sanctions that have made financial...

Iran says to sign $5 bln gas deal with foreign firm

Reuters: Iran will soon sign a $5 billion contract with a foreign company to develop its offshore Farzad-B gas field, the Oil Ministry's website...

Iran to notify OPEC of increased oil reserves in late 2010

Bloomberg: Iran will notify the Organization of Petroleum Exporting Countries Secretariat of a rise in its oil reserves toward the end of this year,...

Iran crude storage at sea falls on strong Asia demand

Reuters: The volume of Iranian crude stored at sea has fallen by as much as 4 million barrels because of a spike in Asian...

Latest news

 Statistics show that New Year accidents’ deaths in Iran reached 585

Ahmad Shirani, the head of the Information and Traffic Control Center of the Iranian regime’s police, announced that the...

Land Subsidence in Critical Conditions in Isfahan

Mehdi Toghyani, a member of the Iranian regime’s Majlis (parliament), pointed to the occurrence of land subsidence in various...

Iran’s Actual Inflation Rate Higher Than Official Stats

The state-run Donya-e-eqtesad newspaper, in a report analyzing the "general sentiment" regarding inflation in 2023, has stated that households...

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Iran’s Actual Inflation Rate Higher Than Official Stats

The state-run Donya-e-eqtesad newspaper, in a report analyzing the...

Iran’s Dam Water Reserves Shrink by 10% in Current Year

An assessment of Iran's water resources from September 23,...

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Hardliners turn on Ahmadinejad for watching women dancers

The Guardian: President Mahmoud Ahmadinejad of Iran, who flaunts...

Iran closes foreign-based networks over ‘sedition’ fears

Source: WORLD BULLETIN The Iranian government has closed 17 foreign-based...

Iran’s nuclear chief could meet EU’s Ashton in Turkey

AFP: Iran's top nuclear negotiator Saeed Jalili could hold...