harvesting more than 51% of Iran’s oil reserves; The necessity of acceleration in the development of increased technologies
The Director of Research and Technology of the National Iranian Oil Company, announcing that more than 51% of the country's recoverable oil reserves have been harvested, emphasized: the countries of the region have moved with increasing speed towards the use of new technologies for increased harvesting, and Iran is bound to accelerate the development and localization of these technologies in order to protect the remaining reserves and sustainable production.
A 25% increase in the limit of the contract between the Northern Drilling Company and Caspian Oil
Shamal Drilling Company, the exploratory drilling contractor in the Caspian Sea, announced an increase of 25% of the initial contract amount in some contract cases with the Caspian Oil Company.
30% of the country’s non-oil exports are from the petrochemical industry
The investment manager of the National Petrochemical Industry Company said: We are obliged to solve as many challenges and problems as possible so that the development of the industry takes place, because the petrochemical industry accounts for about 8% of the gross domestic product and 30% of non-oil exports are made from the petrochemical industry.
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harvesting more than 51% of Iran’s oil reserves; The necessity of acceleration in the development of increased technologies
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A 25% increase in the limit of the contract between the Northern Drilling Company and Caspian Oil
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Inauguration of the second row of Azadegan Southern Central Processing Unit; The backbone of West Karun development
Breaking News
CEO of Persian Gulf Holding in a conversation with Energy Press:
The contract for the development of Maron and Ahvaz is finalized
The CEO of Persian Gulf Holding announced the company's entry into the upstream fields and said: "This company has reached a preliminary agreement with the Ministry of Petroleum on the development of two large gas fields, Marun Khami and Ahvaz Khami, and the final contract for the development of these fields is in the final stages."
Government spokesman: People will not be surprised about the increase in the price of gasoline
The government spokesman said: As has been emphasized many times, people will not be surprised about the increase in the price of gasoline.
Consequences of Iran-Russia gas contract
The gas contract between Iran and Russia can have important consequences for the region and, first of all, it will turn Iran into the hub of the region and bring Russian gas to India.
Gasoline subsidy in the name of people for the sake of airlines
The widespread misuse of energy subsidies, especially in the air transport sector, has become a serious problem. Airlines earn huge profits by receiving huge fuel subsidies, and on the other hand, they do not reduce ticket prices. Meanwhile, the government annually pays billions of tomans in fuel subsidies to these companies in order to reduce the cost of air travel for people.
CEO of Persian Gulf Holding:
Chemical parks projects have not been stopped; The first park comes to life in Chabahar
The CEO of Persian Gulf National Petrochemical Company stated that the project of chemical parks has not been stopped and announced that the first park in Chabahar will be started within the next two months.
Formation of a special working group for the development of CNG in the country
The CEO of the National Oil Products Refining and Distribution Company, referring to the Ministry of Oil's planning to diversify the vehicle fuel portfolio and develop the CNG industry, said: "There are many challenges facing the CNG operators, which the Oil Ministry is trying to solve by solving these challenges and reforming the business model, in addition to Protecting the interests of stakeholders and guaranteeing the economy of incumbents will pave the way for the development of the CNG industry.
Hawayar’s great achievement in the field of air and gas separation
Oil and gas after sales service unit of Hawayar Industrial Group succeeded in Overhaul and successfully launched ASU package in one of the countries of the region.
The transfer of 70 billion liters of the country’s oil in the first half of 2024
The CEO of Iran Oil Pipelines and Telecommunications Company emphasized the full readiness of the oil transportation industry for winter fuel transportation, pointing out that 70 billion liters of petroleum products have been sent throughout the country during the first 6 months of this year.
Tension in the Strait of Hormuz is a serious threat to oil exporters in the Persian Gulf
Saudi Arabia, Bahrain, Qatar, and the United Arab Emirates carry out most of their oil exports through the Strait of Hormuz, and any tension in this region can seriously disrupt the energy exports of these countries and, as a result, global markets.
What effect does the escalation of tensions between Iran and Israel have on oil prices?
Analysts say, what is happening in the oil market today is a fire under the ashes. Although the decrease in concerns about the possibility of the Zionist regime attacking oil targets in Iran has reduced the excess risk rate these days and contributed to the drop in oil prices, it cannot last in the long term. What's more, the disruption in Iran's oil exports will make the oil market more risky.
