China’s 13.6% dependence on Tehran’s oil
According to data received from tanker trackers, China imported an average of 1.38 million barrels of oil per day from Iran in the first half of 2025, equivalent to more than 13.6 percent of the country's total oil imports.
Global oil shock with closing the Strait of Hormuz; no one will be immune
A Russian official warned about the closure of the Strait of Hormuz that no one will be immune from this action.
Fear and flight of giant oil tankers from the Strait of Hormuz
Following the escalation of tensions between Iran and the United States, two super-heavy oil tankers named Coswisdom Lake and South Loyalty, each with a capacity to carry 2 million barrels of crude oil, changed their course near the Strait of Hormuz and retreated south.
Breaking News
9 capital projects approved in Karun oil and gas
The head of planning at Karun Oil and Gas Exploitation Company announced the approval of nine capital projects in the company, estimated at around one trillion tomans in 1403.
Bilateral cooperation agreement between the National Iranian Gas Company and the Ministry of Communications to solve the problem of energy imbalance
The Deputy Minister of Oil for Gas Affairs emphasized: For better management of energy resources, cooperation between the government, parliament, and the private sector can also help create effective solutions to solve energy imbalance problems.
Increasing consumption of refined products despite the upward trend in production over the past ten years
With the growth and development of domestic knowledge-based companies, 85 percent of the refining industry's equipment is now domestically manufactured, and in a refinery overhaul operation, up to 25,000 parts are sometimes replaced.
Preventing a decline in oil production in the oil-rich areas of the south
The CEO of Karun Oil and Gas Exploitation Company announced the company's successful implementation of hot tapping and branching operations on the wall of the gravity-fed reservoir for the first time in the southern oil-rich areas, preventing a daily reduction of 80,000 barrels of oil production.
73% of the country’s natural gas was consumed in the domestic sector
A spokesperson for the National Iranian Gas Company announced that 73 percent of the total natural gas delivered to the national network is consumed in the domestic, commercial, and small industrial sectors.
Increasing gas supply to power plants during cold days this year
The early onset of cold weather and the cold winter caused numerous records to be set in gas consumption in the domestic and commercial sectors, however, statistics show that gas delivery to power plants in the months of December, January, and February has been on the rise despite the increase in subscribers.
The collapse of industry, the rise of oil; how did Iran’s economy get caught in a vicious cycle?
Nili warns that if no solutions are found, large industrial enterprises will also shrink within the next 10 years.
A record of 106 million cubic meters of gas production was recorded in the country
Raw gas production exceeded 1,100 million cubic meters in the last days of February, and with the production of 1 billion and 106 million cubic meters of raw gas in one night, a new record was set in the country's gas production.
Supplying 2 billion kilowatt hours of electricity to the country at the West Karun Power Plant
Since the summer of 2020, the National Iranian Oil Company has injected more than 2 billion kilowatt-hours of electricity generated by the West Karun Power Plant into the national grid with the aim of supplying part of the country's electricity.
870 million cubic meters of natural gas were produced in the country
A spokesman for the National Iranian Gas Company announced the production of 870 million cubic meters of natural gas yesterday.
