Signing of Memorandums of Understanding to Expand Oil Cooperation between Iran and Iraq

According to the Minister of Oil, memorandums of understanding have been signed to expand Iranian and Iraqi oil cooperation in various fields, including offshore exploration and the transfer of associated gases from Iraqi border fields to Iran to supply feedstock for NGL units with the participation of the private sector.

Pakistan eyes Tehran-Washington agreement to revive peace gas pipeline

A possible agreement between Iran and the United States could lift Washington's sanctions on Iranian gas exports to Pakistan and revive the Peace Gas Pipeline to ensure Islamabad's energy security.

The development of the Kish gas field has finally taken off; is Touraj Dehghani or Persian Gulf Holding involved?

After a long period of stagnation and uncertainty over the fate of the Kish gas field development plan, new news is now reporting progress in drilling in the field and the completion of the ninth well; an event that coincides with rumors of the field being transferred to Persian Gulf Holding and has also raised speculation about the role of Touraj Dehghani, CEO of Pars Oil and Gas. Is the Kish gas field on the verge of a high-profile transfer to the petrochemical sector?

Breaking News

Members of the Iranian parliament opposed the payment of gasoline subsidies to national cards

The spokesperson of the Consolidation Commission of the Seventh Development Plan said: The proposal of requiring the government in the Seventh Development Plan to deposit gasoline subsidies to the national cards of individuals was not voted on in the Consolidation Commission.

Providing 8% of Tehran’s sustainable electricity with the construction of three solar power plants

The CEO of Tehran Province Regional Electricity Company announced the construction of three high-capacity solar power plants in areas including Qom province, which can be achieved if up to 8% of Tehran province's electricity is made from renewable energies.

Is a new crisis coming for the LNG market?

The calm of the liquefied natural gas (LNG) market will soon be in turmoil as new concerns emerge over the supply situation.

The electrical industry exhibition has been started

The adviser to the Minister of Energy and the head of the water and electricity industry exhibitions said: The 23rd exhibition of Iran's electricity industry has started with a 63% increase in the number of participants compared to last year.

American sources have stated:

The possibility of releasing 10 billion dollars of Iranian money in Iraq

American sources announced that it is possible that the American government will agree today with Iran's access to 10 billion dollars of its financial resources in Iraq and the transfer of these resources to Oman and Europe.

The price of Iranian heavy oil decreased

The latest OPEC monthly report showed that the price of Iranian heavy oil decreased in October after 3 consecutive months of growth.

35 wells in South Pars were handed over to Iranian companies

The CEO of the National Iranian Oil Company announced that the drilling of 35 wells in the South Pars field with a credit of one billion and 170 million dollars, with the aim of increasing productivity and maintaining gas production, was handed over to four Iranian drilling, exploration and production companies.