Currently, despite 22.2 billion cubic meters of water stored in the country's dams, 43 percent of the dam reservoirs' capacity is full and 57 percent of this capacity is empty.
Power plant gas consumption remained at its highest level in the week ending August 10, bringing the average daily consumption of this sector to more than 306 million cubic meters.
Karun Oil and Gas Exploitation Company has taken a major step in increasing production capacity by implementing technical and operational reforms in upstream and downstream facilities, while stabilizing daily production of 55,000 barrels of crude oil.
Refining expert Mehdi Mohseni, referring to the global energy transition trend, emphasizes that developing and building new refineries without improving the demand side will not lead anywhere. In his opinion, the main solution is to increase the complexity factor and create additional units in existing refineries.
The Director of Region 4 of Iran's Gas Transmission Operations announced: By transferring the second compressor of the Farouj gas booster station to the Ramsar station, gas transmission capacity will be improved during the cold season and the infrastructure of gas booster stations in the north of the country will be strengthened.
The Deputy CEO of the National Iranian Drilling Company announced the drilling and completion of 48 oil and gas wells in the first four months of this year in the country's onshore and offshore areas.
In a meeting with the Iraqi Minister of Electricity, the Minister of Oil emphasized resolving the issues of gas exports and financial demands, saying: "We will soon see a resolution to both issues of the quantity of gas exports to Iraq and the receipt of gas demands."
In the 14th round of oil sanctions since 2018, the United States imposed the most extensive set of sanctions against Iranian oil exports.
The Deputy CEO of the National Iranian Drilling Company for Drilling Projects said: "With the cooperation and synergy between the company's specialists and the Petroleum Engineering and Development Company (METEN), the implementation of the drilling project of 10 wells in the South Azadegan oil field has reached its final stage, and the project was completely handed over to the employer for operation after being put into operation."
While Bu Ali Sina Petrochemical Company managed to produce beyond its nominal capacity in 1403, Mohammad Ahmadzadeh, the company's CEO, announced the company's plans to surpass this record, increase the share of foreign exchange sales, and focus on producing high value-added products. Bu Ali's strategy is a combination of infrastructure development, export portfolio diversification, and agility in feedstock supply.
