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
Favorable openings have been achieved in the sale of Iranian oil
The spokesperson of the Energy Commission of the Islamic Parliament said: Very favorable openings in the sale of Iranian oil have been achieved by relying on the knowledge, experience and follow-ups of the Minister of Oil and the group of the Ministry of Oil. According to Energy Press, Mustafa Nakhai, emphasizing that the Ministry of
25% increase in the supply of petrochemical products in the commodity exchange
The Secretary General of the Petrochemical Industry Employers’ Association, emphasizing that the foreign exchange of petrochemicals is still at the top of the country’s production companies, said: “The supply of petrochemical products in the commodity exchange has increased by 25% in the five months of this year compared to the same period last year, with
If the interests of the shareholders of Isfahan Refinery are not secured, we will complain to the inspection and the stock exchange
In a letter, the shareholders of Isfahan Refinery demanded to secure their interests. Yesterday, Energy Press investigated Sepahan oil stocks in a report that Isfahan Oil Refinery has decided to buy 33% of the company’s shares at a price of 150% more expensive, i.e. at a price of more than 23 thousand billion. This transaction
Was Ayatollah Khamenei’s prediction about the end of American oil wrong?
The oil revolution and actually hydraulic fracturing made America change from a dependent importer to a reliable producer. The anti-development thinking in the body of the Iranian oil industry is against the use of technology that transformed the oil future of the United States. According to the reporter of Energy Press, the prediction of the
The need to use renewable energy in electricity production
A member of the Energy Commission of the Islamic Council, stating that we are witnessing the imbalance of electricity in the field of gas and electricity, said: We must use renewable energy in electricity production. According to the report of Energy Press, Hossein Hosseinzadeh stated about energy consumption management solutions: We have disharmony in the
Iran’s leader of the revolution’s warning about investing in the oil industry/ increasing production by 40%
Pointing out that the Leader of the Revolution said that the increase in investment in the oil industry should lead to an increase in production growth, the Minister of Oil said: With the increase in investment, nearly 40% has been added to Iran’s oil production. According to Energy Press, in the recent meeting between the
Iran’s industrial electricity consumption is equal to the combined consumption of three European countries
Based on the extracted statistics, the electricity consumption of Iran’s industries is equivalent to the total electricity consumption of the three countries of Switzerland, Denmark and Ireland, while these three countries have a gross domestic product of 1732 billion dollars with this amount of electricity, but inside, the industrial units are equivalent to 130 billion
Containment of leakage and eruption of oil and gas from Well No. 1 in Shadgan
After 36 hours of efforts, the severe leakage and eruption of oil and gas from Shadgan Well No. 1 was contained with the cooperation of the experts of the National Iranian Drilling Company and the National South Oil-bearing Regions Company. According to Energy Press report, quoted from National Iranian Drilling Company, Shahram Shamipour, deputy CEO
Changing office hours was effective in reducing electricity consumption
The spokesperson of the electricity industry explained that the change in office hours has been effective in reducing electricity consumption. According to Energy Press, Mustafa Rajabi Mashhadi – the spokesperson of the electricity industry – said about the latest status of the electricity distribution network: We have passed the peak of electricity consumption and this
Electricity bill of 15 million tomans per month was issued for 200 subscribers
The CEO of Tehran Power Distribution Company stated: 15 million tomans monthly electricity bills have been issued for 200 high-consumption subscribers. According to Energy Press, Cambyz Nazerian said in a press conference today and in response to ISNA’s question about the issuing of bills and fines for high-consumption customers, policies have been planned with the
