The National Iranian Drilling Company announced that 72 oil wells were completed in the first half of this year, an increase of 20 compared to the same period last year.

Following Ukraine's attacks on Russian oil refineries and the reduction in the country's fuel exports to Central Asia, Iran has a unique opportunity to fill Russia's void in regional markets. But can Iran seize this opportunity despite sanctions and domestic challenges?

With the successful launch of the F43 well in the Yadavaran joint field, the plan to increase production in this field has entered the implementation phase. As the first of 24 new wells, this well has achieved sustainable production by relying on domestic capacity and complying with safety and environmental requirements.

The Abadan Refinery, as the first and largest oil refinery in the Middle East, with a history of over a century, continues to play a key role in supplying petroleum products to Iran and the region. At its peak, the refinery became the largest refinery in the world, with a refining capacity of 520,000 barrels per day, and is a symbol of the self-sufficiency and resilience of the Iranian oil industry.

Following Iran's formal objection to the UK Court of Appeal's ruling on the confiscation of the Oil Industry Pension Fund building, the case was referred to the Supreme Court for reconsideration. The disagreement among the judges of the Court of Appeal has paved the way for a review of the ruling and created new hope for a reversal.

Joint oil and gas fields are the underground aquifers that several countries share. If Iran does not harvest, the neighbors will suck with their wells; A fortune whose every barrel is lost forever.

Following the receipt of security reports about the theft of fuel from the main oil pipeline in Sarzeh village, police officers succeeded in discovering illegal drilling and arresting two defendants with a judicial order and in a night operation.

The Venezuelan embassy in Tunisia announced in a press release that in the meeting between the ambassadors of Iran and Venezuela, the two countries emphasized solidarity and mutual support.

On the eve of the 27th ministerial meeting of the Gas Exporting Countries Forum (GECF) in Doha, Iran's oil minister met with the chairman of the meeting and Libya's oil minister and discussed bilateral cooperation and developments in the energy market.

In the heart of the Persian Gulf, a floating structure is connected to the seabed with huge chains, which transfers Iran's oil and gas condensate to giant tankers without the need for a dock. This localized technology is the hidden pillar of Iran's oil exports.