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.
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Inauguration of the second row of Azadegan Southern Central Processing Unit; The backbone of West Karun development
The vice-chairman of the Energy Commission of the Islamic Council said: "The opening of the second row of the central processing unit of the South Azadegan common field by increasing the sustainable capacity of processing, stabilizing production, strengthening the transmission chain and creating employment, plays a key role in the sustainable development of West Karun and the resilience of the country's oil industry."
Oil market moves away from fear-based pricing; fundamentals confirmed
The former representative of Iran in the OPEC executive board, emphasizing the fading effect of geopolitical shocks on the global oil market, said: In recent years, the oil market has moved away from pricing based on fear and tension and has moved towards valuation based on fundamental factors such as supply, demand, storage level and excess production capacity.
63% of major repairs plan achieved in southern oilfield
The Director of Industrial Equipment and Process Machinery Repairs at the National Southern Oilfields Company, explaining the missions and performance of this management, said: "With proactive planning, localization of strategic parts, and the round-the-clock efforts of operational forces, more than 63 percent of the annual overhaul plan was achieved in 1404; an unprecedented achievement that has played an important role in production sustainability, flaring reduction, and environmental protection."
Launching the South Azadegan Processing Unit is an effective measure to neutralize sanctions
The spokesman for the Parliament's Energy Commission announced: "The launch of the second tier of the central processing unit of the South Azadegan Joint Field is an effective measure to compensate for the backlog, increase oil production, and neutralize sanctions in the current situation in the country."
Morteza Behrouzifar: It is unlikely that we will see a jump in oil prices in 2026
A faculty member of the Institute for International Energy Studies announced that price levels in 2025 were lower than the previous year, and said: "Given the experience of the oil market in recent years, it is unlikely that we will see a significant increase in prices in 2026 unless a specific development occurs in the global economy or geopolitical equations."
Oil Minister: Return of foreign currency from oil sales will be carried out under the supervision of the Central Bank
The Minister of Oil, announcing that our colleagues, as oil companies, do not have access to the banking sector with money from oil sales, said: "The mechanism for depositing resources from oil sales is carried out under the supervision, monitoring, and control of the Central Bank."
The Oil Industry Pension Fund is operated without relying on government funding
The chairman of the board of directors of the oil industry pension funds considered the independence and non-governmental nature of the fund to be the foundations of the fund's sustainability, and called rumors of the fund's merger false.
Unprecedented record of sweet gas production at South Pars Refinery 3
The manager of the third refinery of the South Pars Gas Complex announced an unprecedented record in sweet gas production in the first nine months of this year, saying: "This success is the result of relying on domestic capacity, the technical knowledge of specialists, and the effective use of the capacity of the country's knowledge-based companies."
Gas consumption in the domestic sector reached 659 million cubic meters
Gas consumption in the domestic, commercial, and small industrial sectors reached 659.26 million cubic meters on January 2, along with the stability of the cold weather.
Abbaszadeh: HSE’s preventive measures played a key role in crisis management
The CEO of the National Petrochemical Industries Company considered HSE an organizational value and said: "Decisions related to this area must be made in an integrated manner and in line with national interests."
