Tehran Oil Refining experts implemented an innovative plan to return the effluent water from Hydrogen Unit 3 to the consumption cycle after 12 years, saving 112 billion rials annually.
On the eve of the cold season, Pars Oil and Gas Company has advanced a series of its most important development and operational projects to get through the winter with maximum capacity.
The opening meeting of the second phase of the Azar oil field development was held with the presence of senior managers; the goal of increasing daily production to 30,000 barrels was set.
China's independent refiners have increased their intake of Iranian crude oil after Beijing issued a new round of import quotas late last month.
The Deputy Minister of Oil, warning about the intensification of energy imbalance and pressure drop in South Pars, considered the development of solar power plants and consumption optimization as a vital solution, and said: "The government's plan will go beyond the target of 12,000 MW of renewable energy."
The head of the working group for improving the health of the administrative system and combating corruption in the oil industry, expressing the necessity of changes in regulatory mechanisms, stated that strengthening the health of the administrative system is one of the serious priorities of the oil industry.
Referring to the establishment of the Energy Optimization and Strategic Management Organization, the Minister of Oil said: "This new institution will operate in conjunction with the Fuel Consumption Optimization Organization, and the mission of the Ministry of Oil will remain the production and export of oil and gas."
The memorandum of understanding to establish a joint venture to supply a 300-megawatt power plant between Iran's methanol giant and the country's largest utility company was signed at the Zagros Petrochemical Complex with the support of Dr. Shariatmadari, CEO of Persian Gulf Holding, and in the presence of Dr. Abbaszadeh, Deputy Minister of Oil and CEO of the National Petrochemical Company.
According to data from Kepler cited by Bloomberg, a drop in China's oil imports from Iran has caused the volume of Iranian oil stored in tankers at sea to reach its highest level in two and a half years.
Indonesia auctions seized Iranian supertankerBloomberg reported on the auction of a seized Iranian supertanker in Indonesia. The ship was apparently carrying Iranian oil before it was seized.
