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Tehran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2025) that will be held from May 8 to 11 is set to become the largest energy trade event in West Asia, - said Iran’s Deputy Oil Minister for International Affairs and Trade.
Seyed Ali Mohammad Mousavi highlighted the importance of energy diplomacy and said that the upcoming event would be a a platform for discussing the future of the global energy landscape.
“This exhibition has served as a cornerstone of energy diplomacy for nearly three decades, fostering practical collaborations and political dialogue,” Mousavi noted. “As a leading country in oil and gas reserves, Iran is ready to attract foreign investment and modernize its energy infrastructure.”
A series of specialized sessions are scheduled during the exhibition, emphasizing their key role in outlining investment opportunities and fostering technical collaboration.
In particular, the National Iranian Oil Company (NIOC) will host the conference on Investment Transformation and Project Financing, which he described as a unique platform for forming joint ventures and technical partnerships.
He stated that Iran aims to establish a transparent and stable environment for international investors, enabling the implementation of key projects—such as the development of oil and gas fields—through modern financial mechanisms, including the Iran Petroleum Contracts (IPC) framework.
Mousavi noted that Iran is positioning itself as a reliable global partner by expanding into emerging energy sectors such as petrochemicals, renewables, and hydrogen technologies.
Reiterating the link between diplomacy and energy policy, he concluded, “This exhibition provides a platform for building mutual understanding and long-term cooperation that meets both economic and environmental goals.”
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A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
The U.S. budget deficit surged nearly 20% in July to $291 billion despite a significant increase in customs duty collections from President Donald Trump’s tariffs, as government spending outpaced revenue growth.
The National Carrier of Türkiye, Turkish Airlines has announced an increase in the number of its weekly flights to China.
Norway's $2 trillion sovereign wealth fund said on Monday it is terminating contracts with asset managers handling its Israeli investments and has divested parts of its portfolio in the country over the situation in Gaza and the West Bank.
The Syrian Civil Aviation Authority has signed a $4 billion agreement with an international consortium last week (6 August), including companies from Türkiye, Qatar and the United States, aiming to expand Damascus International Airport.
The European Bank for Reconstruction and Development (EBRD) has announced a lending the equivalent of $7 million to Saloğlu, Azerbaijan’s leading furniture producer and retailer, in local currency to help boost its competitiveness.
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