harvesting more than 51% of Iran’s oil reserves; The necessity of acceleration in the development of increased technologies

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.

30% of the country’s non-oil exports are from the petrochemical industry

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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The serious challenge of gas pressure drop in South Pars

The serious challenge of gas pressure drop in South Pars

While forecasts show that the gas pressure drop in South Pars will reach its peak in less than two years, if the pressure boosting plan is implemented in South Pars, it will be 70 years of gas extraction from this field without any problems; A project whose financing is the biggest obstacle to its implementation.
From flare gas to digital currency; A way to break the barrier of Iran sanctions

From flare gas to digital currency; A way to break the barrier of Iran sanctions

Iran burns huge amounts of gas in flares every year, while this gas can become a powerful tool to circumvent sanctions. By converting flare gas into electricity and then extracting digital currency, it is possible not only to avoid wasting this valuable resource, but also to create a new way to sell oil and bypass sanctions.
The eye of the oil market to the Strait of Hormuz

The eye of the oil market to the Strait of Hormuz

The escalation of conflicts in the Middle East has increased concerns about the security of the Strait of Hormuz. Any disturbance in the flow of oil in this strait, considering its vital role in transferring 21 million barrels of oil daily to the world markets, will severely affect the prices.
Which refinery was more successful in the first 6 months of this year?

Which refinery was more successful in the first 6 months of this year?

A look at the production and sales performance of Bursa refineries in the first half of the year shows that Tabriz refinery has performed best in terms of increasing production and sales volumes. Earlier last year, Isfahan Refinery was the leader of this group, but the statistics show that Tabriz Oil Refinery has now taken over the oil fields.
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