Iran’s oil discount to China reaches its highest level in a year

Iran’s oil discount to China reaches its highest level in a year

As a new wave of sanctions from the United States, Britain and the European Union target sales of Russian and Iranian oil, trade sources told Reuters that discounts on Iranian oil for Chinese customers have reached their widest in more than a year, reaching as much as $10. Reduced oil import quotas for independent Chinese refiners have also added to the pressure.

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Interpreting the OPEC+ nightmare in the Iran-US nuclear symphony

Interpreting the OPEC+ nightmare in the Iran-US nuclear symphony

OPEC+'s Nightmare Interpretation in the Iran-US Nuclear Symphony Oil and energy investors are anxiously watching the Tehran-Washington nuclear talks and preparing themselves for the major price shock the market will experience. On the other hand, the risk of a no-deal and a dream between Iran and the US also threatens the stability of global markets.
Historical record of fuel consumption in Nowruz

Historical record of fuel consumption in Nowruz

The head of the Faraj Traffic Police announced that in the Nowruz 1404 project, the historical record of fuel consumption was broken with 164 million liters on March 19, and traffic also increased by 5.5 percent compared to last year.
The need to attract investment in upstream oil and gas

The need to attract investment in upstream oil and gas

A member of the Energy Commission of the Islamic Consultative Assembly announced the event of transformation in investment and development in Iran's upstream oil and gas sector as an effective step in the year of investment for production, and said: "Introducing investment fields will provide the opportunity to attract capital in various fields of the oil and gas industry and upstream industries."
The development of the Kish gas field has finally taken off; is Touraj Dehghani or Persian Gulf Holding involved?

The development of the Kish gas field has finally taken off; is Touraj Dehghani or Persian Gulf Holding involved?

After a long period of stagnation and uncertainty over the fate of the Kish gas field development plan, new news is now reporting progress in drilling in the field and the completion of the ninth well; an event that coincides with rumors of the field being transferred to Persian Gulf Holding and has also raised speculation about the role of Touraj Dehghani, CEO of Pars Oil and Gas. Is the Kish gas field on the verge of a high-profile transfer to the petrochemical sector?