Gas exports to Iraq and Türkiye remain intact
The Deputy Minister of Oil announced in a press conference the export of gas to Iraq and the possibility of extending the long-term contract for gas exports to Türkiye.
New secret to increasing oil production revealed; Iran turns to injecting low-salt water
Energy expert Saeed Saviz has unveiled a new method for increasing oil recovery for the first time. He says that using low-salt water injection could offset the decline in production in Iran's oil fields and even increase production capacity in the long term. In addition to relying on indigenous knowledge, the method will also respond to concerns such as water crises and land subsidence by reducing pressure on freshwater resources.
Some mini-refineries export gasoline to Afghanistan
For years, mini-refineries have denied any gasoline exports and have denied accusations of fuel smuggling; but now the CEO of Shazand Petrochemical Company is openly saying that some of these units export gasoline to Afghanistan, and their exit routes are through the Dogharoon and Milak borders.
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Iran’s new oil production record in July: 3.27 million barrels per day, approved by the Energy Agency
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Developing energy infrastructure with private sector participation; Iran on the path to attracting capital and regional competition
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Deputy Oil Minister Admits to 350 Million Cubic Meters of Gas Unbalance
Breaking News
Major repairs of refineries in the face of energy imbalance
The Director of Coordination and Supervision of Production at the National Iranian Gas Company announced the early start of major repairs to the country's refineries, saying the operation will be completed by October. This issue has always been associated with challenges regarding the supply of electricity to power plants due to energy imbalances and the refineries' need for gas.
Even with the shutdown of industries, domestic gas is running low!
An energy expert warned about a sharp decline in gas production in the country, emphasizing that without immediate investment of up to $70 billion in gas fields, Iran's gas production will drop to 500 million cubic meters per day within 3 to 5 years, while domestic consumption in the winter will reach 650 to 700 million cubic meters.
Kermanshah Petrochemical: From gas shortage to production surge; urea and ammonia hit record highs
Kermanshah Petrochemical started 2025 with a significant jump in production; the more than doubling of ammonia and urea production in the first two months of this year compared to the same period last year has put this complex on the path to establishing its position in the methane value chain.
Iran will transform from an exporter to an importer of petrochemical products within the next three years
A petrochemical expert warns that the country's excessive focus on the limited production of certain products such as methanol and urea is the Achilles' heel of the petrochemical industry, and says that if balanced development is not carried out in this area to produce MTO units and the like, within the next few years Iran will not only not be able to export petrochemical and chemical products, but will also become an importer.
Power plant reserves are 80% higher this year than last year
Power plant fuel reserves were at their lowest levels, but over the course of 6 months we witnessed record-breaking production, transportation, and distribution of products.
South Pars project pending action by implementing companies to secure financial facilities
The Deputy Director of the National Development Fund announced that the companies implementing the South Pars Gas Field Pressure Boosting Project have not yet applied for financial facilities through the operating bank, despite our readiness to provide financing.
Increasing gas cooperation between Iran and Turkmenistan
The Iranian Oil Minister and the Turkmenistan Foreign Minister emphasized the deepening of cooperation between the two countries in the fields of oil and gas and examined areas for expanding cooperation.
Sabalan Petrochemical Production Capacity Reduced Due to Gas and Oxygen Shortage
The CEO of Sabalan Petrochemical Company announced a reduction in the company's production capacity due to a shortage of oxygen, water, and gas.
Accelerating the development of Aban and Paydar Gharb oil fields by signing two new drilling contracts
In order to accelerate the development operations of the Paydar Gharb oil field, two important contracts were signed in the field of subsurface drilling with the aim of optimizing and facilitating implementation processes.
Will Chinese buyers of Iranian oil suffer losses if sanctions are lifted?
The possible lifting of US sanctions on Iranian oil exports could deal a severe blow to Chinese refineries that have thrived on refining discounted Iranian oil.
