EghtesadOnline: Tehran needs to step up efforts to raise production from joint oil and gas fields and attract foreign investment in the key petroleum industry, said the spokesperson for the Majlis Energy Commission.
EghtesadOnline: South Pars Gas Field's phases 2 and 3 produced 21 billion cubic meters of natural gas, worth $4.2 billion, in the previous fiscal year that ended in March, the head of South Pars' 2nd Refinery said.
EghtesadOnline: Uncorroborated reports circulating on social media about "the possible departure of Peugeot from Iran" due to “pressures imposed by the US government on the French firm,” disrupted Tehran’s stock market in recent trading.
EghtesadOnline: A local company importing BMW cars has received permits to bring in a new sedan, the BMW 530i, the latest of the luxury brand to enter the country in recent months.
EghtesadOnline: Traffic Police has rewritten the rules for issuing new driving licenses for light motor vehicles, and the directive will be issued to driving schools in the near future.
EghtesadOnline: Mercedes-Benz's ultra luxurious Maybach brand is back after several years of hiatus following the German carmaker's decision to restart production of the S500 and A600 models in 2015.
EghtesadOnline: Renault named Fabrice Cambolive as head of the automaker’s operations in Africa, the Middle East (including Iran) and India, replacing Bernard Cambier, who held the post since 2014.
EghtesadOnline: More than 21,500 tons of watermelon worth 134.5 billion rials (about $3.6 million) were exported from Iran in the last fiscal year (ended March 20, 2017), registering a decline of 96% and 97% in tonnage and value respectively compared with the year before, the Islamic Republic of Iran Customs Administration said.
EghtesadOnline: More than 14,880 tons of goods were loaded and unloaded at Abadan Port in the southwestern Khuzestan Province in the last Iranian year (March 2016-17), registering a 3.4% rise compared to the year before, the managing director of Abadan Ports and Maritime Organization said.
EghtesadOnline: Iran’s non-oil exports to Taiwan saw a 206% hike in the last fiscal year (March 2016-17) compared with the year before to stand at $551 million.