China’s 13.6% dependence on Tehran’s oil

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.

Fear and flight of giant oil tankers from the Strait of Hormuz

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.

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We are trying to update the standards of the oil industry/We must achieve state-of-the-art technology

We are trying to update the standards of the oil industry/We must achieve state-of-the-art technology

The head of the Process Engineering Group of the Technical Standards and Regulations Department of the General Directorate of the Technical, Executive and Evaluation System of the Engineering, Research and Technology Department of the Ministry of Oil said: "To become an energy hub in the region, we must achieve world-class technology so that we can compete with companies such as Aramco and Qatar Petroleum."
Iran halts gas exports to Iraq

Iran halts gas exports to Iraq

The Iraqi Ministry of Electricity announced that the country has lost 5,500 megawatts of electricity following the cessation of Iranian gas exports to Iraq.