The International Energy Agency reported an increase of about 200,000 barrels of Iranian crude oil in July.
The Chairman of the Board of Directors of the Association of Oil, Gas and Petrochemical Contractors (APEC), stating that EPC contracts are the main contract governing the country's construction industry, said: "To achieve development, it is necessary to facilitate oil contracts and synergize the government and the private sector."
In today's press conference, the Deputy Minister of Oil announced the stable supply of gas to petrochemicals last year without complete interruption and announced that despite an imbalance of 300 million cubic meters of gas, the Ministry of Oil's careful planning has increased power plant reserves by 60 percent this year.
Iran is a country with a significant portion of its territory built on sedimentary basins, areas that could be the main source of hydrocarbon reserves. But the key question is which of these basins have the greatest discovery potential and why have some of them, such as Makran, received less attention?
Explaining the company's plans, the CEO of the National Southern Oilfields Company emphasized: "Given the global conditions of fossil fuels and environmental challenges, there is not much opportunity left to maximize the extraction of oil fields, so we must implement development and production increase plans with greater diligence and speed."
Energy expert Saeed Saviz has unveiled a new method for increasing oil recovery for the first time. He says that using low-salt water injection could offset the decline in production in Iran's oil fields and even increase production capacity in the long term. In addition to relying on indigenous knowledge, the method will also respond to concerns such as water crises and land subsidence by reducing pressure on freshwater resources.
Energy expert Hedayatollah Khademi warned about the situation of the joint Arash oil field, saying that relying solely on diplomacy cannot protect Iran's interests, and that practical and technical measures in this field need to be initiated simultaneously with negotiations.
Officials at Behran Oil Company announced that the recent fire has no connection to the company. The HSE unit and the refinery firefighting team have also been deployed to the site with three fire extinguishers to carry out containment operations in the event of a possible spread.
The Deputy Managing Director of the National Iranian Drilling Company for Drilling Projects announced the completion of drilling operations and the completion of the first development well of the 6-well project in the Yadavaran oil field using the Fatah 92 drilling rig.
An official rejected Babak Zanjani's claim that his debts had been settled and his indebtedness ended, saying: "Zanjani has only paid $15 million of the $1.8 billion debt to the Central Bank."