An agreement to provide specialized technological and educational services was signed between the Petroleum Industry Research Institute and the Caspian Oil Company.
The Central Iranian Oil Company is the largest onshore gas producer in the country and the only production company in charge of upstream gas storage, geographically spread across 14 provinces, and with 85 oil and gas fields, it plays a significant role in gas supply and oil production, especially in joint fields and in the country's economic circulation.
The 15th Specialized Exhibition for the Manufacturing of Khuzestan Oil Industry Equipment will be held in Ahvaz from January 12 to 15 from 9:00 to 17:00 for public viewing.
The spokesperson for the National Security and Foreign Policy Commission of the Islamic Consultative Assembly referred to the presence of the Minister of Oil in this commission and said: "The Minister of Oil emphasized in this meeting that this ministry seeks to ensure that people face the least challenges in the energy sector."
Western media claims that sanctioned tankers are banned from entering Shandong, China, appear to be largely influenced by the country's economic developments and the decline in the activity of small refineries and major buyers of Iranian and Russian oil.
The Minister of Oil said: "We will announce solutions to prevent fuel smuggling and solve this problem in various areas of consumption in the near future."
The CEO of Arvandan Oil and Gas Company announced an increase in oil production by 2,000 barrels in the South Azadegan Joint Field.
According to the National Iranian Oil Company, the price of Iranian light oil in January 2025 for supply to the Asian market will be $1.35 higher than the base price (Oman/Dubai crude oil price).
Emphasizing the strategic position of the Kharg Oil Terminal, the CEO of the Iranian Oil Terminals Company introduced transformation and innovation as the company's main strategies, and considered special attention to human resources as the key to development and improving productivity.
The chairman of the National Development Fund's executive board said: "The Economic Council has passed a resolution to increase oil production by 250,000 barrels per day, which the Fund is participating in financing."
