Gas exports to Iraq and Türkiye remain intact
The Deputy Minister of Oil announced in a press conference the export of gas to Iraq and the possibility of extending the long-term contract for gas exports to Türkiye.
New secret to increasing oil production revealed; Iran turns to injecting low-salt water
Energy expert Saeed Saviz has unveiled a new method for increasing oil recovery for the first time. He says that using low-salt water injection could offset the decline in production in Iran's oil fields and even increase production capacity in the long term. In addition to relying on indigenous knowledge, the method will also respond to concerns such as water crises and land subsidence by reducing pressure on freshwater resources.
Some mini-refineries export gasoline to Afghanistan
For years, mini-refineries have denied any gasoline exports and have denied accusations of fuel smuggling; but now the CEO of Shazand Petrochemical Company is openly saying that some of these units export gasoline to Afghanistan, and their exit routes are through the Dogharoon and Milak borders.
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Iran’s new oil production record in July: 3.27 million barrels per day, approved by the Energy Agency
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Developing energy infrastructure with private sector participation; Iran on the path to attracting capital and regional competition
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Deputy Oil Minister Admits to 350 Million Cubic Meters of Gas Unbalance
Breaking News
Iran with 37 gas fields; still dreaming of getting rid of imbalance
Despite having the world’s second-largest gas reserves, Iran continues to grapple with an energy imbalance. The country’s numerous gas fields are either underdeveloped or lagging behind in the competition for extraction from shared fields. While gas exports could become a regional lever of power, Iran has a tiny share of the global market. If this trajectory is not corrected, even meeting domestic demand will be challenged in the coming winters.
Purchasing electricity from home solar systems by Tavanir
Referring to the extensive plan to install 5-kilowatt home solar panels, a spokesman for the electricity industry announced the purchase of electricity from these generators at attractive rates from subscribers.
South Pars First Refinery’s gas production capacity increased
The director of the first refinery of the South Pars Gas Complex announced specialized measures and important projects to maintain gas quality and increase production capacity.
Details of the plan to use coal instead of natural gas at Khorasan Petrochemical
The head of Khorasan Petrochemical said: The plan to use coal instead of natural gas is under consideration with the aim of reducing the energy imbalance.
Full operation of Hengam Petrochemical Urea Unit from November
The Annual General Meeting of Hengam Petrochemical Company was held with the presence of shareholders, members of the Board of Directors, inspector and statutory auditor, presenting the financial performance report ending in Esfand 1403.
Announcement of the official selling price of Iranian oil in July
According to the announcement by the National Iranian Oil Company, the price of Iranian light oil will be offered to Asian customers in July 2025 at a price nearly $1.5 higher than the base price (Oman/Dubai crude oil price).
Implementation of 36 consumption management packages in the country’s electricity industry
Referring to the design and implementation of 36 consumption management packages in the country's electricity industry, the Director General of Energy and Customer Affairs of the Electricity Industry said: "These packages have been developed and implemented with the aim of reducing electricity consumption, overcoming the summer peak load, and providing sustainable energy."
3% reduction in energy consumption at South Pars Second Refinery
The DM Water Unit Optimization Project of the South Pars Second Refinery resulted in complete self-sufficiency in industrial water supply by increasing the desalination capacity by 60% and reducing energy consumption by 3%.
Major repairs of South Pars Phases 5 and 6 platforms completed
The head of production operations at Pars Oil and Gas Company announced: Major repairs to the gas platforms of phases 5 and 6 of South Pars have been completed with the aim of maintaining sustainable gas production.
84% of the country’s electricity industry’s receivables have been collected
The Deputy Director of Distribution Coordination at Tavanir Company announced that 84 percent of the electricity industry's debts were collected during the first three months of this year.
