British Petroleum to clear debts to Iran

In 2005, National Iranian Oil Company (NIOC) and Britain’s largest oil firm BP launched a 656-million-dollar cooperation producing gas at the offshore gas field of Rhum in Scotland. BP and the National Iranian Oil Company (NIOC) jointly ...

Bombardier in talks about deal with new Iranian Airline

Bombardier Inc., the world’s third-biggest planemaker, is in negotiations about a deal with a prospective new airline serving the tourist island of Qeshm in southern Iran. Montreal-based Bombardier’s Chairman Pierre Beaudoin held talks with officials from the ...

Iran’s Homa, Air France sign contract

Air France signed an agreement with Iran’s state-owned airline, known as Iran Air or Homa on April 18. French Transport Minister Alain Vidalies held a press conference with his Iranian counterpart Abbas Akhoundi. “We will cooperate on ...

France adheres to its commitments to Iran

French junior Minister for Transport, Marine Affairs and Fisheries Alain Vidalies has emphasized that his country honors all its commitments to Iran. “We would definitely fulfill our commitments to Iran especially in view of the war atmosphere ...

Russia and Iran on track for railway co-operation

The Russian Agency for Export Credit and Investment Insurance (Exiar) and the Railways of Islamic Republic of Iran (Rai) have signed a memorandum of understanding (MoU) to reinforce co-operation and support for trade between Russia and Iran. ...

Iranian, French oil institutes to sign MOU

The French Institute of Petroleum titled Institut Francais du Petrole (IFP) is slated to pen an MOU with Iranian Research Institute of Petroleum Industry on oil, gas, refining, and petrochemical cooperation, the Shana news agency reported on ...

Iranian Qods Force commanders linked to Taliban: US Treasury

The US Treasury department has added four Iranian Qods Force commanders to its list of specially designated global terrorists, two of whom are charged with directly providing support for the Taliban in neighboring Afghanistan. General Hossein Musavi ...
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Sweden’s Verisec to Reconsider Risky Iran Business Plans

As Iranian Foreign Minister Javad Zarif visited Sweden during his European diplomatic tour, a group of leading diplomats and lawmakers pushed back against his claim yesterday that Swedish companies “will not find a safer place than Iran” ...
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Small banks help Iran slowly restore foreign financial ties

Iran is gradually restoring banking links with the rest of the world by forging ties with smaller foreign institutions, even though large global banks are still holding back because of legal risks, Iranian officials and foreign bankers ...

Iranian Shiping lines tanker at the Syrian Tartous port

Iran has become Syria’s main crude oil buyer, helping Bashar Al-Assad’s flailing government to circumvent Western sanctions, as Iranian tankers have returned for a third time since April, shipping industry sources said. Although Tehran already finds it ...