The American news outlet reported that the flow of oil from Iran to China increased this month after traders overcame logistical obstacles caused by US sanctions.
The President assessed the bilateral cooperation between Iran and Russia in the energy, industry, transportation, and trade sectors as very good and positive, and said: "The signing of the Comprehensive Strategic Cooperation Agreement between Iran and Russia is one of the most important manifestations of cooperation between the two countries."
The first national digital oil refinery conference and the second national idea show event were held by the Innovation and Entrepreneurship Center of the Abadan Petroleum Faculty in cooperation with the Abadan Oil Refining Company with the aim of introducing and improving the quality level of using artificial intelligence in the industry.
Referring to the project to collect gases from the East Karun flares by the Persian Gulf Bidblond Company, the CEO of the National Petrochemical Industries Company said: "By the end of this year, 14 flares from this project will be extinguished."
The Minister of Economy and Finance met and discussed with the head of the OPEC Fund on the sidelines of the annual conference on challenges and opportunities facing emerging economies in Saudi Arabia.
Regarding the latest status of importing super gasoline by the private sector, the CEO of the National Petroleum Products Refining and Distribution Company said: "With the coordination made with the Ministry of Economy, it will soon be possible to issue licenses to the private sector."
The head of planning at Karun Oil and Gas Exploitation Company announced the approval of nine capital projects in the company, estimated at around one trillion tomans in 1403.
The Deputy Minister of Oil for Gas Affairs emphasized: For better management of energy resources, cooperation between the government, parliament, and the private sector can also help create effective solutions to solve energy imbalance problems.
With the growth and development of domestic knowledge-based companies, 85 percent of the refining industry's equipment is now domestically manufactured, and in a refinery overhaul operation, up to 25,000 parts are sometimes replaced.
The CEO of Karun Oil and Gas Exploitation Company announced the company's successful implementation of hot tapping and branching operations on the wall of the gravity-fed reservoir for the first time in the southern oil-rich areas, preventing a daily reduction of 80,000 barrels of oil production.