The dark fleet of Iran, Russia and Venezuela has reached nearly 1,000 ships
Bloomberg reported in a new report that nearly 978 tankers are operating in the so-called “dark fleet,” a network that supports oil exports from Iran, Venezuela and Russia and accounts for about 19 percent of the global fleet. The data comes as a large tanker was seized near Venezuela, which was previously under U.S. sanctions for its involvement in transporting Iranian oil.
Getting to know Iran’s petrochemical companies; this is Kimia Pars Middle East
Kimia Pars Middle East Company, one of the important players in Iran's petrochemical industry, has achieved an influential position in recent years in the fields of foreign exchange earning, sustainable production, and development of global markets, relying on methanol production and 100% export of its products.
South Pars reaches operational self-sufficiency
South Pars announced that it will meet the majority of its operational needs by relying on domestic capacity and cooperation with knowledge-based companies; a path that has brought the complex to the threshold of industrial independence by localizing more than 15,000 components and creating a smart supply chain.
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Synergy between university, research institute, and technology park; the driving force behind innovation in the oil industry
The Deputy Minister of Petroleum for Engineering, Research and Technology emphasized the importance of synergy between the University of Petroleum Industry, the Petroleum Industry Research Institute, and the Petroleum Industry Technology and Innovation Park, saying: "The cooperation of these three complexes not only provides the basis for the technological development of the oil industry, but can also create job opportunities for the country's youth and strengthen the motivation to stay and serve within the country."
Iran’s refineries are far from Nelson’s global standard; the future of the refining industry is uncertain
While refineries around the world have achieved a high level of complexity by relying on new technologies and extensive investments, Iranian refineries are still significantly behind global standards. Morteza Behrouzifar, an energy expert, says that our problem is not just a lack of capital; even if we assume that we have sufficient financial resources to implement projects, there is still no possibility of serious upgrading of refineries due to limited access to modern technology and equipment.
Iran’s new oil production record in July: 3.27 million barrels per day, approved by the Energy Agency
The International Energy Agency reported an increase of about 200,000 barrels of Iranian crude oil in July.
Developing energy infrastructure with private sector participation; Iran on the path to attracting capital and regional competition
The Chairman of the Board of Directors of the Association of Oil, Gas and Petrochemical Contractors (APEC), stating that EPC contracts are the main contract governing the country's construction industry, said: "To achieve development, it is necessary to facilitate oil contracts and synergize the government and the private sector."
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.
Deputy Oil Minister Admits to 350 Million Cubic Meters of Gas Unbalance
In today's press conference, the Deputy Minister of Oil announced the stable supply of gas to petrochemicals last year without complete interruption and announced that despite an imbalance of 300 million cubic meters of gas, the Ministry of Oil's careful planning has increased power plant reserves by 60 percent this year.
Minister of Energy: We have passed this year’s electricity peak
The Minister of Energy said: "We have left the electricity peak behind us, but we still need the support of subscribers until the end of the summer to end the blackouts."
South Pars becomes safer; heavy emergency valves replaced on platform number 10
The Director of Production and Operations of Pars Oil and Gas Company announced the replacement of the main 32-inch gas flow disconnection valves (ESDV) of South Pars gas platform No. 10 with the aim of increasing production safety and sustainability.
Prioritizing exploration in Iran: Which sedimentary basins have golden oil and gas potential?
Iran is a country with a significant portion of its territory built on sedimentary basins, areas that could be the main source of hydrocarbon reserves. But the key question is which of these basins have the greatest discovery potential and why have some of them, such as Makran, received less attention?
Acceleration in oil development in the South; Warning about time limit for extraction from fossil fields
Explaining the company's plans, the CEO of the National Southern Oilfields Company emphasized: "Given the global conditions of fossil fuels and environmental challenges, there is not much opportunity left to maximize the extraction of oil fields, so we must implement development and production increase plans with greater diligence and speed."
