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
South Azadegan crude oil processing unit launched
The CEO of the Petroleum Engineering and Development Company announced the round-the-clock efforts of the executive groups to launch the first section of the crude oil processing unit of the South Azadegan Joint Field, saying: "This unit will soon enter production."
Fuel supply for vehicles continues to be done through a smart system
The CEO of the National Iranian Petroleum Products Distribution Company emphasized the supply of gasoline and oil and gas through the smart fuel system platform and said: "Study work on a new plan for refueling through the banking network is underway and will be implemented if approved by the Cabinet of Ministers."
Oil Minister: Nowruz gasoline quota is under review
The Minister of Oil told reporters: "We currently have no plans for Nowruz gasoline quotas."
Growth in the country’s oil and gas added value
The latest calculations conducted by the Research Center of the Islamic Consultative Assembly show that the added value of oil and natural gas has grown by 6.5%.
Demand for natural gas to increase by 32% by 2050
The Secretary General of GECF said: "Natural gas is not just a bridge to the future, but an integral part of it, and demand for this energy carrier is expected to increase by 32% by 2050."
Persian Gulf Holding’s Extraordinary Ordinary General Assembly was held
The Esteghlal Club held an extraordinary ordinary general assembly and approved the club's financial statements for the year ending July 31, 2024.
US announces readiness to implement sanctions against oil production in Iran
US Energy Secretary Chris Wright has announced that the Trump administration is prepared to impose sanctions on Iranian oil production. In an interview with Bloomberg on Monday, Wright said that during Trump’s first term, “Iranian oil exports have been reduced to a very limited level.”
Developing the country’s commercial ports based on a comprehensive plan
The head of the Ports and Maritime Organization, while announcing the latest status of Makran Port, said: "The capacity of the country's ports is about 295 million tons, but 80 million tons of this capacity is empty. To optimize the capacities, with the sharp vision of the Supreme Leader, the government and the Islamic Consultative Assembly have taken steps towards realizing sea-oriented development."
Preparations of Tehran region pipelines to supply Tehran with fuel during holidays
The director of the Tehran Regional Oil Pipelines and Telecommunications Company announced the complete readiness of this complex to supply fuel to Tehran Province and the northern half of the provinces during Nowruz, saying: "The necessary arrangements have been made to provide the petroleum products needed by the people and travelers during the Nowruz holidays."
Signing of a Memorandum of Understanding on Cooperation in Oil-Prone Areas and Exploration
The National Southern Oilfields Company and the Exploration Management of the National Iranian Oil Company signed a memorandum of understanding to cooperate in exploration, development, and production processes.
