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The downward trend of Iran’s heavy oil prices

The downward trend of Iran’s heavy oil prices

The latest OPEC monthly report showed that the price of Iranian heavy oil resumed its downward trend last month.
The development plans of the oil industry were reviewed and approved in the meeting of the Economic Council

The development plans of the oil industry were reviewed and approved in the meeting of the Economic Council

The development and exploitation plan of Somar, Saman and Delavaran oil fields and the development and stabilization of Abadan refinery capacity were reviewed and approved during the first meeting of the Economic Council in the 14th government.
First Vice President: Iran’s oil sales sub-channels should be made transparent

First Vice President: Iran’s oil sales sub-channels should be made transparent

The first vice president said: The growth of oil exports in the 7th annual development plan has been seen by 12% and the annual growth of the oil sector in the economy by 9%.
The CEO of national oil Company stressed on increasing production from Azadegan South joint field

The CEO of national oil Company stressed on increasing production from Azadegan South joint field

The CEO of the National Iranian Oil Company emphasized the need to speed up and increase the extraction from the Azadegan South joint field by the end of the year in a think-tank meeting with the senior managers of Arundan Oil and Gas Company.
Tehran’s policy in circumventing sanctions and finding new destinations

Tehran’s policy in circumventing sanctions and finding new destinations

Iran's policies for exporting oil and circumventing sanctions have found a more clever shape and form and new purposes for themselves.
China increased oil imports from Iran

China increased oil imports from Iran

Kepler data shows that China's oil imports from Iran this month reached a new record of 1.75 million barrels per day.
The National Oil Company is not a place for trial and error

The National Oil Company is not a place for trial and error

The National Oil Company is the most vital part of the Ministry of Oil and there is no room for trial and error. The consequences of ill-considered decisions in the National Oil Company will cost the life of a new minister.
The emphasis of the leader of the revolution on the development of the upstream oil and gas sectors of the country

The emphasis of the leader of the revolution on the development of the upstream oil and gas sectors of the country

The leader of the Islamic Revolution emphasized: The development of the upstream oil sectors and the use of facilities as much as possible to apply new methods of oil and gas extraction and the production of diverse and numerous products in the downstream sectors are important priorities for the country.
An increase of 400,000 barrels is on the agenda of the National Oil Company

An increase of 400,000 barrels is on the agenda of the National Oil Company

The CEO of the National Iranian Oil Company stated that the strategic and national mission of this group is to jump oil and gas production, and said: the increase of 400,000 barrels of oil production is the most important mission assigned by the Minister of Oil.
The plans of the minister of oil to solve the energy disputes have started

The plans of the minister of oil to solve the energy disputes have started

The work of the new oil minister officially started last Thursday. Mohsen Paknejad must now, in addition to managing what he has received, also follow his plans; The programs that are at the top of them is solving the crisis of dissatisfaction.
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Latest news

  • 24% decrease in water reserves in the country’s dams
  • 2 vessels carrying smuggled fuel seized in Persian Gulf
  • Iran emphasizes bilateral talks on Arash gas field
  • Petrochemical industry seeks sustainable management of water resources with recycling technology
  • Iran-US talks raise oil prices
  • Fuel smuggling wastes $8 billion of the country’s resources annually
  • Increasing the country’s refining capacity to 2.4 million barrels
  • The important role of the Besat Power Plant of the South Pars Gas Complex in supplying electricity to the region
  • Incentive package announced to facilitate upstream oil and gas contracts
  • Historic overhaul in Shazand, disruption in supply, and new hope for Sharak shareholders

Petroleum

  • Sharp decline in CNG consumption in the country
    Sharp decline in CNG consumption in the country
  • Details of transferring fuel quota to a bank card
    Details of transferring fuel quota to a bank card
  • Power plant reserves are 80% higher this year than last year
    Power plant reserves are 80% higher this year than last year
  • Significant reduction in theft from oil pipelines this year
    Significant reduction in theft from oil pipelines this year
  • Behran Oil’s presence at Iran Expo
    Behran Oil’s presence at Iran Expo
  • The country’s gasoline consumption increased to more than 132 million liters
    The country’s gasoline consumption increased to more than 132 million liters
  • Sufficient fuel has been stored for Nowruz
    Sufficient fuel has been stored for Nowruz
  • Fuel supply for vehicles continues to be done through a smart system
    Fuel supply for vehicles continues to be done through a smart system
  • Oil Minister: Nowruz gasoline quota is under review
    Oil Minister: Nowruz gasoline quota is under review
  • Preparations of Tehran region pipelines to supply Tehran with fuel during holidays
    Preparations of Tehran region pipelines to supply Tehran with fuel during holidays

Petrochemical

  • Petrochemical industry seeks sustainable management of water resources with recycling technology
    Petrochemical industry seeks sustainable management of water resources with recycling technology
  • Historic overhaul in Shazand, disruption in supply, and new hope for Sharak shareholders
    Historic overhaul in Shazand, disruption in supply, and new hope for Sharak shareholders
  • $200 million allocated for petrochemical downstream industries by the National Development Fund
    $200 million allocated for petrochemical downstream industries by the National Development Fund
  • Allocating 2% of the income of Persian Gulf holding companies to research and development
    Allocating 2% of the income of Persian Gulf holding companies to research and development
  • Investing $87 billion in the country’s petrochemical industry
    Investing $87 billion in the country’s petrochemical industry
  • Kermanshah Petrochemical: From gas shortage to production surge; urea and ammonia hit record highs
    Kermanshah Petrochemical: From gas shortage to production surge; urea and ammonia hit record highs
  • Iran will transform from an exporter to an importer of petrochemical products within the next three years
    Iran will transform from an exporter to an importer of petrochemical products within the next three years
  • Sabalan Petrochemical Production Capacity Reduced Due to Gas and Oxygen Shortage
    Sabalan Petrochemical Production Capacity Reduced Due to Gas and Oxygen Shortage
  • Olefin petrochemicals suffer the fate of Iranian methanol producers
    Olefin petrochemicals suffer the fate of Iranian methanol producers
  • Court of Accounts collects 35 million dirhams in outstanding claims from a petrochemical company
    Court of Accounts collects 35 million dirhams in outstanding claims from a petrochemical company

GAS

  • Iran emphasizes bilateral talks on Arash gas field 4 روز
  • The important role of the Besat Power Plant of the South Pars Gas Complex in supplying electricity to the region 4 روز
  • The growth of gas production in Iran 5 روز
  • Accelerating gas field development plans 6 روز
  • The level of oil and gas reserves at power plants reached 1.5 billion liters 1 هفته
  • The first major overhaul period in Phase 11 of South Pars was successfully implemented 1 هفته
  • Judiciary Chief: We will take strict action if government officials are complicit in fuel smuggling 1 هفته
  • Major repairs of refineries in the face of energy imbalance 1 هفته
  • Even with the shutdown of industries, domestic gas is running low! 1 هفته
  • South Pars project pending action by implementing companies to secure financial facilities 2 هفته

Videos

Letter of 3 large manufacturing association to the president in support of the new currency decision

Letter of 3 large manufacturing association to the president in support of the new currency decision

Top News
  • 24% decrease in water reserves in the country’s dams
  • 2 vessels carrying smuggled fuel seized in Persian Gulf
  • Iran emphasizes bilateral talks on Arash gas field
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