Oil Minister: Aggression against energy-producing countries is a threat to global stability
Stating that aggression against energy-producing countries is a violation of international law and a threat to global stability, the Minister of Oil said: "The energy industry, and especially oil, in today's interconnected world, needs peace and stability to play its role in promoting national, regional, and global prosperity."
Iran becomes OPEC’s second largest refiner
With a refining capacity of 2 million 237 thousand barrels per day and a 16% share in OPEC, Iran ranks second among the countries of this organization, and it also accounts for 2.1% of the world's refining capacity.
The resilience of Iran’s oil industry in the 12-day war
During the 12 days when Iran's skies were facing the Zionist regime's invasion and the imposed war, the oil industry worked in a chain reaction and did not tremble, but stood firm. It stood firm and did not let a single light go out or a shortage arise in the country's fuel supply.
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Value-creating investment, maximum production, exploitation of Phase 2 of Sabalan Petrochemical and entry into the capital market
At the first meeting of the Petrofarhang Holding's Board of Directors in 1404, the CEO of the holding emphasized the necessity of implementing the slogan of the year as Petrofarhang's supreme goal and explained the strategies and major policies for this year.
The oil and gas industry is one of the best places to invest in manufacturing
The CEO of the National Southern Oilfields Company considered investing in the oil industry a suitable opportunity for economic activists, saying: "Lower risk and high returns have made investing in the oil industry an opportunity."
Pakistan eyes Tehran-Washington agreement to revive peace gas pipeline
A possible agreement between Iran and the United States could lift Washington's sanctions on Iranian gas exports to Pakistan and revive the Peace Gas Pipeline to ensure Islamabad's energy security.
The development of the Kish gas field has finally taken off; is Touraj Dehghani or Persian Gulf Holding involved?
After a long period of stagnation and uncertainty over the fate of the Kish gas field development plan, new news is now reporting progress in drilling in the field and the completion of the ninth well; an event that coincides with rumors of the field being transferred to Persian Gulf Holding and has also raised speculation about the role of Touraj Dehghani, CEO of Pars Oil and Gas. Is the Kish gas field on the verge of a high-profile transfer to the petrochemical sector?
Identifying opportunities is an important factor in attracting capital in oil
The CEO of Pars Oil and Gas Company stated that identifying opportunities, introducing investment risks, and attractiveness in investment contract models are the most important factors in attracting investment in the oil industry.
Will electricity imbalances hit a record high this summer?
While a repeat of the 20,000 MW imbalance of the summer of 1403 was predicted for the summer of 1404, the realization of the recent prediction of a 2-degree increase in summer temperatures compared to normal conditions will add 3,600 MW to peak electricity consumption.
$9 billion investment opportunity in central oil
The CEO of the Central Iranian Oil Company said: The company has prepared 11 investment packages worth about $9 billion for the development of gas fields, which, once operational, will increase the country's daily gas production capacity by about 100 to 140 million cubic meters.
Members of the National Iranian Gas Company’s Contractual Dispute Resolution Board Appointed
The CEO of the National Iranian Gas Company issued separate orders appointing the main, technical, and alternate members of the National Iranian Gas Company's contractual dispute resolution board.
Ensuring safe and sustainable production at the South Pars Gas Complex next winter
The head of the South Pars Gas Complex Site 2 deputy announced the implementation of extensive programs to increase production, improve operational flexibility, reduce flaring, and improve employee accommodation infrastructure, and said: "With the measures taken, the complex's safe and sustainable production will be guaranteed next winter."
We must stop the wrong competition between energy production and consumption in the country
The Assistant Minister of Oil for Energy Optimization said: "Today, we are facing a wrong competition between energy production and consumption in the country, and this trend must be stopped."
