$100 oil with the closure of the Strait of Hormuz

$100 oil with the closure of the Strait of Hormuz

The Strait of Hormuz is located between Iran to the north and Oman and the United Arab Emirates to the south. The waterway is about 50 kilometers wide at its entrance and exit, and about 33 kilometers at its narrowest point. Despite this limited width, the world's largest oil tankers pass through this route. This passage is the only sea link between the Persian Gulf and the Sea of ​​Oman, and is practically the main artery for oil and gas exports from the region's major producers.

National Iranian Oil Company; How was Iran’s largest energy player formed?

National Iranian Oil Company; How was Iran’s largest energy player formed?

Its name is tied to "oil," but its role goes beyond a production company; an institution that emerged from a historic decision and became the beating heart of Iran's energy. Today, the National Iranian Oil Company is not only a major player in the oil and gas industry, but also one of the pillars of the economy and national authority.

New cooperation map between Tehran and Moscow: Gas contract, joint field, and nuclear power

New cooperation map between Tehran and Moscow: Gas contract, joint field, and nuclear power

The meeting between the Iranian Oil Minister and the Russian Energy Minister during the 19th Joint Commission for Iran-Russia Economic Cooperation was accompanied by three important developments in the energy sector; the finalization of the framework for importing Russian gas, an agreement to develop a joint field, and the start of construction of equipment for new phases of the nuclear power plant are a set of new signals for the future of the country's energy balance.

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Office working hours will return to normal

Office working hours will return to normal

The spokesperson of the electricity industry pointed out: We had planned a target of 1000 megawatts for administrative and general customers, which was achieved by modifying the working hours and monitoring the consumption of cooling systems by more than 85%, and this program continues until Shahrivar 15. The working hours of the offices will also

Oil prices fell

Oil prices fell

Oil prices fell on Tuesday amid concerns over the possibility of further interest rate hikes in the US, which could affect fuel demand, as well as a tropical storm approaching the US Gulf Coast region. According to Energy Press, oil prices fell on Tuesday (September 7th) due to concerns about the possibility of a further

Last year, 16 billion dollars worth of petrochemical products were exported

Last year, 16 billion dollars worth of petrochemical products were exported

Referring to the annual production capacity of 92 million tons of the country’s petrochemical industry, the Minister of Oil said: Last year, $16 billion worth of petrochemical products were exported. According to Energy Press, Javad Oji today (Monday, 6th of Shahrivar) during the ceremony of the official start of gas extraction from Phase 11 of

Sometimes some rumors are denied by the statesmen; But they are implemented

Sometimes some rumors are denied by the statesmen; But they are implemented

The representative of the people of Khuzestan in the parliament said about the rumor of the increase in the price of gasoline, that experience has shown that many times some rumors are strongly denied by the government, but it is not long before the same rumor is implemented in the society.According to the reporter of