Iran’s oil exports to China hit a record
Iran's oil export to China broke its seven-month record in May. During this month, Beijing has bought 1.540 thousand barrels of crude oil daily from Tehran.
Signing the contract for the development and operation of Changule square
The CEO of the National Oil Company said: "The contract for the Chengoleh oil field with an on-site reserve volume of 3.2 billion barrels of oil and the goal of daily production of 60 thousand barrels of oil will be signed soon."
Refinery capability in Africa; Iran’s opportunity to penetrate the Black Continent
African countries are seeking to increase their refining capacity and ability to reduce their dependence on the import of oil derivatives, and this is a good opportunity for Iran's cooperation and influence in this continent in the form of construction, reconstruction and development of refineries.
The loss of 300 thousand billions of the Iranian government in the Azadegan oil field
While the South Azadegan field was supposed to produce about 320,000 barrels in early 2023, but the lack of work of the Ministry of Oil of about 5 billion dollars, the lack of profit has been imposed on the Islamic Republic of Iran. About $169 per second!
The wave of migration of Iranian oil contractors to Iraq
As working conditions in Iran's oil industry become more difficult and there are many restrictions, including sanctions, Iranian companies are entering the Iraqi oil market.
Record of increase in Iran’s oil production in the last 5 years
Referring to the increase in OPEC oil production to 26.63 million barrels per day last month, Reuters announced that Iran's oil production has reached the highest level in the last 5 years.
The solution of the Iranian government to supply the gasoline deficit; Clearing of petroleum products
Regarding fuel rate reform, Manzoor said: The government has tried to increase the resources from oil exports through energy saving measures.
During Raeisi’s trip to Tabriz, the oil pipeline from Tabriz to Urmia was supposed to be inaugurated
Oil Minister Javad Oji said: By the end of the year, 1,000 kilometers of pipelines will be used to transport oil products from refineries to consumption centers.
Deciphering Iran’s oil exports; Have the sanctions decreased?
Despite the increase in oil exports to 2 million barrels per day, some experts believe that the reduction of sanctions pressure from the United States for two reasons, negotiations on the nuclear program and preventing the increase in gasoline prices in the United States are influential in this process.
National Iranian Oil Company’s crude oil production increases
In the General Economic Council meeting, the plan to present a report on the latest status of the plans introduced for the use of foreign financial facilities, as well as the plan to increase crude oil production by the National Iranian Oil Company, was reviewed and approved.