The Deputy Minister of Petroleum in Petrochemical Affairs emphasized the necessity of product diversification downstream of propylene and said: Acrylonitrile (ACN) production causes diversification downstream of propylene, which is needed by the country.
Chinese investment in Iraq's oil industry has reached 10 billion dollars, while this country, which is the largest buyer of Iranian oil and has a 25-year cooperation agreement with Iran, does not actively invest in any of the projects of Iran's oil industry.
The professor of political science and economics at Williams College said that as far as Iran is concerned, we should not be too happy about the change of approach by the new Trump administration and it seems that he not only intends to continue the previous sanctions but also to intensify them.
The first coordination meeting of the Engineering and Oil Development Company was held with the Khatam Al Anbiya camp with the aim of expanding cooperation and continuous development of joint oil fields.
The CEO of the fuel consumption optimization company met and talked with the economic and investment representative of the Arab governments with the aim of exploring the creation of new opportunities in the field of energy.
Production from Sepehr and Jafir fields reached 51,000 barrels per day after well No. 7 of Jafir field entered the circuit.
Bloomberg's claim about the purchase of African oil by small Chinese refineries has raised the question of whether this action means a reduction in Iranian oil imports or not. But geopolitical factors show that embargoing Iran's oil is impossible in the new Trump era and Beijing will continue to buy Iranian oil.
The Minister of Oil said: People should be aware that if we consume the same amount of diesel this year as we did last year, we will not have blackouts or problems in winter, but due to the importance of people's health and the environment, a decision was made to reduce consumption. Diesel fuel, part of it will be applied as blackout with the diagnosis of Ministry of Energy experts.
The CEO of Khazar Oil Company announced the start of executive planning for the reconstruction and modernization of the company's marine fleet.
According to experts, the possibility of repeating the policy of maximum pressure on the Iranian oil market has not been successful, and its repetition in his second term will have negative consequences for the country's national economy as well as its allies.
