The economic value of gas extracted from South Pars exceeded $520 billion

The economic value of gas extracted from South Pars exceeded $520 billion

The South Pars gas field, which supplies 70 percent of the country's gas, has entered a natural pressure drop phase. Implementing a pressure-boosting plan with the aim of maintaining production, preventing gas migration to Qatar, and increasing the recovery rate is a vital step in managing the country's gas balance.
Abadan, the Origin of Iranian Oil: The Story of the Country’s Largest Refinery

Abadan, the Origin of Iranian Oil: The Story of the Country’s Largest Refinery

The Abadan Refinery, as the first and largest oil refinery in the Middle East, with a history of over a century, continues to play a key role in supplying petroleum products to Iran and the region. At its peak, the refinery became the largest refinery in the world, with a refining capacity of 520,000 barrels per day, and is a symbol of the self-sufficiency and resilience of the Iranian oil industry.
Major repairs of 35 South Pars platforms completed without incident

Major repairs of 35 South Pars platforms completed without incident

Sepahdar Abbaszadeh, Deputy Chief of Operations of Pars Oil and Gas Company, announced the successful completion of major repairs to 35 production platforms in the South Pars Joint Field. The operation was completed with 150,000 man-hours and without incident, and has prepared the company for a stable gas supply during the cold season.
Crescent case referred to Supreme Court

Crescent case referred to Supreme Court

Following Iran's formal objection to the UK Court of Appeal's ruling on the confiscation of the Oil Industry Pension Fund building, the case was referred to the Supreme Court for reconsideration. The disagreement among the judges of the Court of Appeal has paved the way for a review of the ruling and created new hope for a reversal.