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."
A tripartite memorandum of understanding for the implementation of the Note to Article 13 of the Economic Council's resolution for the plan to revive closed and low-yielding oil wells was signed between the Innovation and Prosperity Fund, the National Iranian Oil Company, and the Oil Industry Technology and Innovation Park.
The CEO of Arvandan Oil and Gas Company said: "This company makes optimal use of the technical and engineering capacities and capabilities of the National Iranian Drilling Company."
The Minister of Oil announced an increase in oil production capacity to about 250,000 barrels per day.
A spokesman for the judiciary announced: "A special criminal case has been opened against three defendants, including the former ministers of oil, interior, and the head of the Environmental Protection Agency, and in accordance with the law, five of the managers at the time have been sentenced."
The second Trump administration is seeking to impose sanctions on 35 companies and ships to increase pressure on Iran, but experts believe that market conditions and the lack of support from China and Arab countries will prevent this from happening.
It might not be wrong to claim that the 1990s were one of the most corrupt decades in Iran's oil history. The decade in which the massive Petrochemicalgate corruption scandal was revealed was close to the same years in which the issue of missing oil rigs became a subject of black satire.
Chevron's CEO announced that Washington's current sanctions against Tehran have only changed the export route of Iranian oil shipments.
Abbas Akhundi revealed the nature of China-Iran relations during Ahmadinejad's reign.
The head of the Environmental Protection Agency stated that desirable measures have been taken to reduce pollutants resulting from burning gas in flares in the oil-rich areas of the south, and said: "Achieving the desired result requires further follow-up and appropriate and rational timing."
