The Yellow Dragon’s Addiction to Iranian Oil / Billion-Dollar Savings for Chinese Refineries
Estimates by the Kepler Institute show that China purchased over 80% of Iran's exported oil in 2025, with daily imports averaging around 1.38 million barrels, equivalent to approximately 13% of China's total seaborne oil imports.
Member of the European Parliament: Trump is after Iran’s oil
Mantro stated at the European Parliament meeting with the EU's Foreign Policy Chief, Kajsa Kallas, that Trump is after Iran's oil.
Transfer of 12% of the country’s crude oil processing to the private and non-governmental sector
The investment and business manager of the National Iranian Oil Company said: With the implementation of rapid equipment projects for factory construction (skid-mounted) under the public-private partnership model, 12% of the country's crude oil processing is carried out by the private non-governmental sector.
Breaking News
The expansion of relations with China is the main reason for the increase in Iran’s oil exports
The former director of international affairs of the National Iranian Oil Company says: Diplomatic efforts in the field of greater communication with China have played a role and been effective in increasing oil exports to a large extent.
The financial problem is the most important reason for the non-development of joint oil and gas fields
An expert in the field of energy said: The lack of development of our fields is not due to the lack of technology, we can develop many fields with the existing conditions, but we have encountered problems due to financial reasons.
The heat of the air brought the electricity consumption in Tehran to the alarming limit
Tehran Electricity Distribution Company announced in an announcement: It informs the subscribers that following the record low temperature increase, the amount of electricity consumption in the country has increased greatly and is approaching the warning limit.
Power cut of 65 offices in Tehran
Due to the unprecedented increase in electricity consumption, on Wednesday, the electricity of 65 high-consuming office subscribers in Tehran was cut off due to the refusal to reduce electricity consumption.
Pre-registration for the 18th Iran Plast International Exhibition starts on August 1, 2024
The director of the 18th Iran Plast International Exhibition announced the start of pre-registration for this exhibition from August 1st of this year and said: All those interested in participating in the largest specialized event of the petrochemical industry can do preliminary registration at the Iran Plast Exhibition for three days.
10 times the salary of Arab countries, the reason for the migration of Iranian oil specialists
The lack of proportionality between the difficulty of work and the wages of oil workers has caused many of the specialized forces of this industry to migrate to the Persian Gulf countries. It is said that the minimum salary of oil workers in neighboring countries is higher than that of Iranian managers.
How much of Iran’s dam capacity has been filled?
Currently, despite the 32 billion and 820 million cubic meters of water stored in the country's dams, 63% of the reservoir capacity of the dams is full and 37% of this capacity is empty.
Memorandum of understanding on the localization of petroleum catalyst between Iran and Russia
A bilateral memorandum of understanding on the localization of catalysts needed by the oil industry was signed between an Iranian knowledge-based company and a Russian company with the aim of transferring technology and localization of catalysts needed by the oil industry.
New drinking water reservoirs are being built in Tehran
The deputy director of water exploitation and development of Tehran Province Water and Sewerage Company announced the construction and exploitation of 250 thousand cubic meters of new drinking water storage tank in Tehran Province by the end of 2024.
How much power imbalance does the 14th government of Iran take over?
While the 13th government came to an end, the electricity imbalance is becoming severe during the hot summer days, and now the electricity industry has been able to continue its life by changing the working hours of the offices and imposing restrictions on the industries.
