Electric heating, the key to freeing Iran from deadly dependence on domestic gas
Energy expert Hossein Mirafazli believes that the way out of the gas consumption crisis is to reduce dependence on gas and expand the use of electricity in home heating; a model that many developed countries in the world have adopted for years.
Get to know the Persian Gulf Star Refinery, the largest gasoline producer in Iran
The Persian Gulf Star Refinery, Iran's largest gasoline producer and the world's largest gas condensate refinery, plays an unparalleled role in Iran's energy supply by producing more than 45 percent of the country's fuel portfolio.
Iran’s oil discount to China reaches its highest level in a year
As a new wave of sanctions from the United States, Britain and the European Union target sales of Russian and Iranian oil, trade sources told Reuters that discounts on Iranian oil for Chinese customers have reached their widest in more than a year, reaching as much as $10. Reduced oil import quotas for independent Chinese refiners have also added to the pressure.
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The Ministry of Petroleum is the leading agency in implementing the Free Access to Information Law
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Article 90 Commission visits the Oil Monitoring Center to examine industry challenges
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Announcement of the Ministry of Oil’s Technology Development Roadmap; Complementing the Comprehensive Research and Innovation System
Breaking News
New facilities for oil knowledge-based companies
A call for granting facilities was published in accordance with the instructions of Note 2 of the 1403 (2024) budget law for the entire country with the approach of developing knowledge-based businesses in the oil industry.
Neighbors’ repeated claims about Arash; proposal to refer to impartial international arbitrators
Following repeated claims by Saudi Arabia and Kuwait regarding ownership of the Arash gas field, an international expert emphasized that the historical and legal background of the field is beyond doubt and that the best solution to end the disputes is to refer to impartial international experts and arbitrators.
The country’s refining capacity will increase by 180,000 barrels by the end of 1404
The CEO of the National Iranian Oil Refining and Distribution Company announced an increase of 180,000 barrels in the country's refining capacity by the end of this year and said: "Three important projects: oil and gas quality improvement at the Shiraz Refinery, kerosene quality improvement at the Isfahan Refinery, and the gasoline unit at the Tehran Refinery will be put into operation by the end of 1404."
Sustainable transmission of 260 billion cubic meters of gas in the first year of the 14th government
The CEO of the Iranian Gas Transmission Company announced the sustainable transmission of 260 billion cubic meters of gas in the first year of the 14th government.
Start of loading and installation operations for South Pars Phase 11 jacket
The loading and installation of the SP11A jacket of the Phase 11 development plan of the South Pars Joint Gas Field began in the presence of the Governor of Bushehr, the CEO of Petropars Group, the CEO of Sadra Company, and executives of Pars Oil and Gas Company and Petropars.
Drilling Memorandum of Understanding was signed between Arvandan and the National Drilling Company
Arvandan Oil and Gas Company and the National Iranian Drilling Company signed a memorandum of understanding to provide drilling rigs and related services.
Official opening of the Sabzab-Shazand pipeline with a capacity of 750,000 barrels of crude oil
The CEO of the National Iranian Oil Engineering and Construction Company stated that the capacity of the Sabzab-Shazand sour crude oil pipeline is 750,000 barrels of crude oil and said: "The implementation of this project will play a fundamental role in reducing energy imbalance and strengthening the country's energy security."
Transformation in oil industry financing with new tools and guarantee funds
The Ministry of Oil of the 14th government, within the framework of the Seventh Development Plan, has implemented various initiatives in the field of capital attraction and financing, paving the way for the development of oil and gas fields and increasing production capacity. By introducing new financial instruments and establishing guarantee funds, it has paved the way for the participation of domestic and foreign investors.
Recording more than 115,000 meters of drilling in the country’s onshore and offshore oil-bearing areas
The CEO of the National Iranian Drilling Company announced the drilling and completion of 114 oil and gas wells, recording more than 115,000 meters of drilling in one year of the 14th government's activity in the country's onshore and offshore oil-rich areas, using the company's drilling fleet.
Oil production increases by 80,000 barrels with the opening of Azadegan field facilities
The Minister of Oil announced: "With the opening of new petrochemical projects and processing facilities in the Azadegan field, the country's crude oil production capacity will increase, adding about 80,000 barrels per day to oil production."
