The CEO of the National Southern Oilfields Company announced: "The longer the life of oil fields, the higher the natural decline in production; compared to the early 1990s, this decline has increased by about 60 percent."

A memorandum of understanding between the National Iranian Oil Company and Zagros Petrochemical Company for the implementation of the Salman platform flare gas collection project was held and signed on the last day of the International Oil Industry Exhibition.

Bandar Imam Petrochemical Company, with a production of more than 4.87 million tons and an 8% growth in production in 1403, succeeded in taking the first place in production among the 72 active petrochemical complexes in Iran.

The CEO of the Petroleum Engineering and Development Company emphasized the key role of investment in the oil industry, calling it the driving force of sustainable economic development, and announced the company's readiness to attract domestic and foreign capital in development projects.

A member of parliament announced that there will be no change in gasoline prices and announced the construction of a 5,000-megawatt renewable power plant in cooperation with the Chinese.

The digital transformation roadmap was unveiled at the Shahid Hasheminejad Gas Refinery with the aim of sustainable development and technological modernization of the country's gas industry.

First, the authorities should have obtained the necessary permits for this purpose and then proceeded to sign the contract. However, the pressure-increasing contract has already been signed but the necessary permits have not yet been obtained, and this will lead to a prolonged pressure-increasing process.

With the official transfer of management of the Masjed Suleiman Oil Field Development Plan to the Petroleum Engineering and Development Company, preliminary technical and operational activities to enhance production from this historic field began.

The head of the Iranian Gas Engineering and Development Company said: For the first time in this company, the microtunneling method was used to pass the Ahvaz-Kuhdasht gas pipeline through the Karun River.

Part of the liquefied gas produced by South Pars is being burned due to the halt of infrastructure projects and administrative obstacles, which means a waste of billions of national wealth that could have generated foreign exchange for the country.