Zangeneh Hopes for Full Implementation of OPEC Accord

TEHRAN, Dec. 27 (Shana) – Minister of Petroleum Bijan Zangeneh said on Tuesday that the OPEC members consider their profit in recent historical accord of the Organization, so the major and influential states normally fulfill the agreement.

Iran to increase 60,000 bpd oil output in the Persian Gulf

Tehran, Dec 27, IRNA – Managing Director of Iranian Offshore Oil Company (IOOC) Hamid Board on Tuesday unveiled a plan to increase oil output next year by 30,000 bpd at the early stage and 60,000 bpd ultimately.

Pakistani diplomat urges PM, Army Chief to visit Iran

Islamabad, Dec 27, IRNA – Senior Pakistani diplomat insists Pakistani civil and military leadership to visit Iran to have a better and strong relationship with the neighboring state.

$Oil rallies in thin trade, adds to year\'s gains$

Oil rallies in thin trade, adds to year's gains

Oil gained 1.5 percent Tuesday, continuing its year-end rally with support from expectations of tighter supply once the first output cut deal between OPEC and non-OPEC producers in 15 years takes effect on Sunday.

8 new aircraft to be delivered to Iran within three months

Tehran, Dec 25, IRNA – Eight new passenger planes are to be delivered to the Airline of the Islamic Republic of Iran (Iran Air) by the end of the Iranian calendar year (March 20, 2017) Deputy Minister of Roads and Urban Development for International Affairs Asghar Fakhriyeh-Kashan has announced.

JCPOA Joint Commission to meet Jan 10 in Vienna: EU

Tehran, Dec 25, IRNA - The Joint Commission of the Joint Comprehensive Plan of Action (JCPOA) is to convene on January 10 in the Austrian capital city of Vienna.

Iran, Russia Presidents review latest regional situation on phone

Moscow, Dec 25, IRNA – President Hassan Rouhani and his Russian counterpart Vladimir Putin in a telephone conversation Saturday night exchanged views on the latest developments in Syria.

Russia confirms its U-154 aircraft crashed in mountains

Tehran, Dec 25, IRNA - The Russian aircraft TU-154, which had disappeared from radar shortly after take off in Sochi Sunday, has crashed in the mountains in Krasnodar Territory in the south of the country, a source in local security services told RIA Novosti Sunday.

Dollar gain to rials does not mean devaluation of national currency

Tehran, Dec 24, IRNA – Deputy Minister of Economy and Finance for Banking, Insurance and State Companies Affairs Hossein Ghazavi said on Saturday that dollar gain to the rials does not mean devaluation of national currency.

Iran heavy oil registers record price

Tehran, Dec 24, IRNA – Iran's heavy oil allocated the highest price increase in the week ended December 16 gaining 2 dollars-and 2 cents reached 51 dollars- and 70 cents a barrel.

Iran, Russia seal contract to build 1,400mw power plant

Tehran, Dec 14, IRNA – Iran and Russia have signed a contract to build a thermal power plant with the capacity of 1,400 megawatts.

Iran, Russia ink MoU on gas trade and investment

Tehran, Dec 13, IRNA – National Iranian Gas Company (NIGC) and Russian gas company Gazprom signed a memorandum of understanding (MoU) on gas trade and investment Tuesday in a ceremony by Iranian co-chairman of Joint Economic Commission and Russian energy minister.

Zarif: Iran has protested to EU over breach of JCPOA by US

Tehran, Dec 13, IRNA – Foreign Minister Moahmmad Javad Zarif said on Tuesday that Iran has sent two letters to EU foreign policy chief Federica Mogherini to protest the US breach of the Joint Comprehensive Plan of Action.

Indonesian president officially welcomed in Tehran

Tehran, Dec 14, IRNA – Indonesian President Joko Widodo was officially welcomed by President Hassan Rouhani at Saadabad Cultural Complex in North of Tehran on Wednesday.

Officials underline boosting Iran-Oman ties

Tehran, Dec 13, IRNA – Deputy Foreign Minister for Arab-African Affairs Hossein Jaberi-Ansari in a meeting with Omani Foreign Minister Yusuf Bin Alawi discussed ways to develop cooperation and latest regional and international issues.

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