Tehran, Dec 17, IRNA – Governor of the Central Bank of Iran (CBI) Valiollah Seif said the inflation rate will drop to 17% by the end of the current year adding that one of the major achievements of

Tehran Dec 8, IRNA -- Oil Minister Bijan Namdar Zanganeh said on Saturday that development of South Pars phases 12, 15 and 18 will become operational by March next year.

Tehran, May 20, IRNA – Managing Director of Oil and Gas Company Mohammad Reza Zahiri announced that the construction work of all phases of South Pars gas field will be completed by the by the end o

Tehran, May 15, IRNA – Managing Director of National Iranian Petrochemical Company (NPC), Abdolhossein Bayat said on Tuesday that as much as 17.4 million tons of petrochemical products will be expo

Tehran, April 20, IRNA -- Iran Deputy Oil Minister Alireza Zeighami said that the country is now self-sufficient in fuel production after its international suppliers stopped selling gasoline to Teh