Iran Oil Show 2017 Opens in Tehran

The 22nd Iran International Oil, Gas, Refining and Petrochemical Exhibition kicked off in the Iranian capital on Saturday with more than 4,000 domestic and foreign companies showcasing their latest technical achievements.

Iran-EU trade up 171% in Jan

The European Union’s trade with Iran amounted to €1.55 billion in January 2017, a 171 percent rise compared to the first month of 2016, based on the latest figures released by the European Union’s statistics agency Eurostat.

EU firm to invest in Iran through Bitcoins

The government of Sweden has reportedly authorized a local business to create a mechanism based on a globally popular virtual currency to transfer funds to Iran. The move is already believed to have the potential to facilitate investing in the Islamic Republic where transferring money in and out …

Total developing own Iran banking channels

French energy giant Total says it is trying to develop its own mechanism to carry out Iran-related banking transactions without falling afoul of US primary sanctions that still restrict doing financial activities with the Islamic Republic.

BP to operate joint North Sea field with Iran

BP and Iran's state-run oil company received a license from the U.S. Treasury last year to operate their joint gas field in the North Sea following the lifting of Western sanctions on Tehran, BP said on Thursday.

Iran diverting water from Gulf of Oman inwards

Iran says it is implementing a landmark project to divert water from the Gulf of Oman to its central plateau – a project that could not only address the country’s surging water crisis but could also help push ahead relevant economic plans in host regions.
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