The CEO of the Thermal Power Company announced a 4,000 megawatt increase in the electricity generation capacity of thermal power plants for this summer.
Persian Gulf Petrochemical Industries Company and the Petroleum Industry Research and Technology Fund signed a cooperation agreement to support the company's investments, domestic manufacturing projects, and knowledge-based and research activities.
The Petroleum Industry University signed seven memorandums of understanding with the aim of scientific development, research, and enhancing the university's position in the oil industry.
The Iranian Polymer Research Institute and Jampilen Petrochemical Company signed a memorandum of understanding with the aim of developing scientific and technological cooperation.
The purpose of this memorandum is to study and develop new flue gas injection methods to increase recovery from the Paranj oil field in Khuzestan.
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.