The joint memorandum of understanding for the project "Real-time monitoring and intelligent management of the country's petroleum products supply chain" was signed yesterday (Sunday, February 14), coinciding with the 46th anniversary of the victory of the Islamic Revolution and the Shabaniyah holidays.

The CEO of the National Iranian Oil Company announced an increase in the country's oil production by 70,000 barrels and gas production by 30 million cubic meters in recent months.

The escalation of the Russian oil sector could harm importing countries, especially India, and this, along with a possible agreement with the West, would make it possible for Iranian oil to return to the Delhi market.

A member of the board of directors of the Oil Industry Pension Fund believes that transferring shares of the National Oil Company to the public can increase public participation in the management of energy resources, contribute to greater transparency in the company's performance and improve its financial situation.

The plan to develop the three oil fields of Somar, Saman, and Delavaran was officially launched in the presence of the CEO of the National Iranian Oil Company.

Upon his arrival in Khuzestan Province, Oil Minister Mohsen Paknejad said: "With the Ahvaz desalination plant project, 40,000 barrels will gradually be added to Iran's oil production capacity."

The director of drilling projects in the West Karun oil fields at the National Iranian Drilling Company said: "The cumulative progress of the 10-well drilling project in the South Azadegan joint oil field has exceeded 90 percent."

The exploration director of the National Iranian Oil Company stated that this management has not had any exploration drilling activities in the sea since 2019, and said: "With the signing of contracts to supply the rig, for the first time in the 14th government and after a five-year hiatus, exploration activities in the sea sector will begin."

After London, this time it was Rotterdam's turn; the Dutch regional court ordered the confiscation of another property of the National Iranian Oil Company (NIOC) due to the Crescent case.

The CEO of the National Southern Oilfields Company said: "Fortunately, over the past years, we have experienced significant growth in the field of manufacturing oil industry equipment, so much so that we have passed the stage of manufacturing parts and entered the process of manufacturing equipment."