The Deputy Managing Director of the National Iranian Drilling Company for Drilling Projects announced the completion of drilling operations and the completion of the first development well of the 6-well project in the Yadavaran oil field using the Fatah 92 drilling rig.
An official rejected Babak Zanjani's claim that his debts had been settled and his indebtedness ended, saying: "Zanjani has only paid $15 million of the $1.8 billion debt to the Central Bank."
Hedayatullah Khademi, an energy expert, said: "We are a country that sells both crude oil and imports gasoline. Instead of trying to convert oil into more valuable products, we sell it raw and cheap. No matter how much oil China and the United States have, they buy several times more of it from abroad to convert it into a valuable commodity; but today we see that our country has been worn out in all areas of infrastructure and economy."
The short 12-day war between Iran and the Zionist regime, contrary to predictions, failed to disrupt the global oil market. This event showed that the Middle East is no longer the only determinant of global oil prices. In an interview with Hossein Mirafazli, an energy expert, we examined this major transformation and the future of the energy market. He talks about the stunning growth of renewable energies, especially solar, and the world's reduction in dependence on oil, and believes that these changes will transform not only the energy market, but also global political and geopolitical equations. Is the era of the Middle East's oil monopoly over?
The Alvand offshore rig in the Kish operational area is in its final days of major repairs and will soon join the Iranian Offshore Oil Company's drilling fleet.
Coinciding with the first day of the 19th Iranplast International Exhibition, more than 11,000 square meters of exhibition space were reserved, which is a new record in exhibition registration in the country.
Iran's gas industry, as one of the main pillars of the country's energy supply, has faced serious challenges in recent years in attracting domestic and foreign investment. According to Morteza Behrouzifar, an energy expert, the misconception that was formed in previous governments about the transfer of capital and technology from countries such as China and Russia has given way to realism today, and these problems, which are mainly due to sanctions and the lack of technical and financial capacity of domestic companies, have jeopardized the development process and even the maintenance of production capacity.
The increase in Iranian crude oil storage in Malaysian waters and the reduction in Chinese imports from the country following severe US sanctions have presented serious challenges to the flow of Iranian oil trade. With more than 30 million barrels of oil accumulated in stranded tankers, Iran is struggling to protect its market from geopolitical pressures.
China's imports of Iranian crude oil fell last month, according to data firm Kepler.
Despite Trump's explicit threats and pressure from Washington, China and India continue to import cheap oil from Russia and Iran, a decision rooted in economic interests and an independent energy policy. Could this move pose potential risks for them from Trump?
