Bandar Imam becomes the giant of Iran’s petrochemical paper projects

Bandar Imam Petrochemical, the beating heart of the downstream chain of Iran's petrochemical industry, is currently facing a $1.4 billion project; a project that, in relation to the company's 8 trillion tomans profit, has raised serious questions about the economic logic, financing method, and the silence of Persian Gulf Holding.

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.

Breaking News

Seventh Development Plan; Iran’s ambitious oil and gas roadmap

More than a year has passed since the announcement of the Seventh Development Plan; a five-year plan that, by considering major goals such as "increasing production capacity to 4.8 million barrels per day," "increasing petrochemical production to more than 131 million tons per year," and "increasing annual gas exports to more than 40 billion cubic meters," has set a challenging path in the oil and gas sector.

Leap in the South Azadegan Field Central Processing Unit (CTEP) Project

The turning point of this period is the launch of the center's first processing row (Row C) with a capacity of 80,000 barrels per day, which sends the produced oil directly to the West Karun pipeline.

Oil Minister: Oil and gas sector grows 6.2% despite lack of financial resources

The Minister of Oil stated: "According to expert estimates, achieving the goals of the Seventh Plan requires the provision of approximately $190 billion in financial resources. In the first year, the cash flow and provision of these resources was projected to be $27 billion, of which only $5.5 billion, equivalent to 22 percent, was provided."

Approval of water supply plan for injection into West Karun oil fields

The project manager for conceptual and basic studies on supplying water for injection into the oil reservoirs of the Karun basin said: The plan for supplying and transferring water for injection into the oil fields of West Karun was approved at the provincial level.

Comprehensive HSE and Passive Defense Roadmap Announced at National Oil Company

The Director of Health, Safety and Environment, Passive Defense and Crisis Management of the National Iranian Oil Company announced the explanation of the roadmap for HSE management, passive defense and crisis management in the companies and managements subordinate to this company.

National Oil Company fully prepared to supply winter gas

The CEO of the National Iranian Oil Company announced the company's full readiness for a stable supply of gas in the winter season and said: "With the implementation of precise and coherent plans, this year's conditions have improved compared to last year."

Tehran’s gas consumption increased from 34 to 57 million cubic meters

A spokesman for the Tehran Provincial Gas Company announced the consumption of more than 57 million cubic meters of gas in the past 24 hours in the domestic, commercial, and industrial sectors of the province, a 67 percent increase compared to the same day last week.

CEO of National Oil Company: Facilitative view of regulatory institutions is a condition for sustainable gas production

The CEO of the National Iranian Oil Company, emphasizing the oil industry's full readiness to sustainably supply the country with gas during the cold season, called for a facilitative approach from regulatory institutions to effectively support the industry's national missions.

Iran’s oil exports increase to highest level in 7 years

Statistics from the Tanker Trackers Institute show that just 3 weeks after Iran's oil exports hit a record high, we are once again witnessing a new and unprecedented record in our country's oil exports.

100% realization of oil production plan in Gachsaran

The CEO of Gachsaran Oil and Gas Exploitation Company announced the realization of 100 percent of the projected production plan in this company and said: "With a 25 percent share in the country's oil production, this company, as the gateway for Iranian oil exports in the south, plays a strategic role in national energy sustainability."