Сhina considers investing $40 billion in US shale oil

03/09/2013

China National Petroleum Corporation, the country’s state-run oil major, is looking for its first stake in the US, as the three largest Chinese oil companies together plan to spend $40 billion to access US crude riches.

Foreign investment in Iran rises 60%: official

03/09/2013

Foreign investment in Iran has risen by 60 percent in the current Iranian calendar year, which ends on March 20, and is projected to reach $4 billion by the end of the year, the head of the Organization for Investment, Economic and Technical Assistance of Iran stated.

Iran plans to issue high denomination banknotes

03/04/2013

The Central Bank of Iran plans to issue 200,000-rial and 500,000-rial banknotes, the Mehr News Agency quoted the central bank official Majid Saniei as saying.

Iran plans to issue high denomination banknotes

03/04/2013

The Central Bank of Iran plans to issue 200,000-rial and 500,000-rial banknotes, the Mehr News Agency quoted the central bank official Majid Saniei as saying.

Iran to establish NGL plant on Persian Gulf island

03/04/2013

Iran will inaugurate a natural gas liquids (NGL) production plant on Kharg Island, which is located in the Persian Gulf, by the end of the next Iranian calendar year (March 2014).

Inflation rate rises 1.1% in Iran, hits 29.8%

03/03/2013

The Central Bank of Iran has announced that the inflation rate in the 12-month period ended the eleventh Iranian calendar month of Bahman (February 18) hit 29.8 percent.

Iran plans to issue $10b in bonds to finance oil and gas projects

03/03/2013

The Iranian Oil Ministry plans to issue $10 billion worth of bonds to finance oil and gas projects in the next Iranian calendar year, which begins on March 21.

India, Iran must promote trade and economic links: Indian president

03/02/2013

India and Iran must work together to further promote trade and economic links, increased people- to-people contacts between them and within the region, Indian President Pranab Mukherjee has said.