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.

Breaking News

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."

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.

Injecting $545 million from the National Development Fund to collect associated gases

The financing of $545 million of the credits required to implement the associated gas collection project in the southern Ilam region in the Dehloran region came from the National Development Fund.

Major repairs of South Pars Refinery 1 begin with the aim of sustaining production in winter

The manager of the first refinery of the South Pars Gas Complex announced the start of major repairs to the refinery with the technical and support teams fully prepared.

Arash Square cannot be saved through diplomacy alone

Energy expert Hedayatollah Khademi warned about the situation of the joint Arash oil field, saying that relying solely on diplomacy cannot protect Iran's interests, and that practical and technical measures in this field need to be initiated simultaneously with negotiations.

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