The resilience of Iran’s oil industry in the 12-day war

During the 12 days when Iran's skies were facing the Zionist regime's invasion and the imposed war, the oil industry worked in a chain reaction and did not tremble, but stood firm. It stood firm and did not let a single light go out or a shortage arise in the country's fuel supply.

Iran’s oil exports did not decrease during the war

Despite the conflict between Iran and Israel, contrary to the claims of the Zionist regime's media, Iran's oil exports not only did not decrease, but also remained at a level of about 2.2 million barrels per day, according to Kpler data.

If the Strait of Hormuz is closed, where will the oil pass? Petroline, Fujairah, or Ceyhan?

The Strait of Hormuz, a vital artery for global energy exports, remains an irreplaceable bottleneck. Any disruption to the flow of oil through this route would alter the geopolitical equations of energy; despite efforts by countries to design alternative routes, none are able to cover the crisis.

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Iran’s heavy oil transportation capacity increased

The Deputy Director of Operations in the Production Management of the National Southern Oilfields Company said: "With the operation of the newly constructed 30-inch line for transporting light oil from the West Karun fields, the 36-inch Ahvaz-Omidiyeh export pipeline has once again been dedicated to transporting heavy oil."

Oil Minister: Iran’s oil sales decline is not true

Rejecting the claim of a decrease in Iranian oil exports, the Oil Minister said: "The Ministry of Oil is ready to deploy a rig in the Arash field, but the implementation of this plan is dependent on the outcome of border negotiations and official notification from the Ministry of Foreign Affairs."

Daily gas extraction from South Pars Phase 11 increased

Daily gas extraction from Phase 11 of South Pars has increased by 60 percent in the first 10 months of the 14th government, from 12 million cubic meters to 20 million cubic meters.

Two petrochemical companies receive €60 million in financing from Mubadala Center

The subscription of foreign exchange Murabaha bonds of two petrochemical companies, Soroush Mahestan Asaluyeh and Negin Mahestan Kangan, each worth 30 million euros, was successfully completed at the Iranian Currency and Gold Exchange Center.

The Ministry of Oil’s determination to attract capital and facilitate economic processes in the country

The Deputy Investment Director of the National Iranian Oil Company emphasized that with the Economic Council's resolution on facilitating the conditions for concluding contracts and implementing upstream oil and gas contracts, the time required from the stage of receiving the investor's proposal to concluding the contract will be significantly reduced, saying: "These measures demonstrate the determination of the Ministry of Oil to attract capital and facilitate economic processes in the country."

Unregulated increase in contractors is leading the oil industry to its death

The unprecedented growth of outsourcing in Iran's oil industry is a wake-up call that experts consider a threat to the safety and productivity of the industry. Referring to the outsourcing of activities in this area, Shahriar Aghaei, a member of the Board of Directors of the Oil Fund, said that due to the lack of adequate supervision and the nature of contractors who seek greater economic benefits, safety issues in the workplace are less addressed, which results in numerous accidents in the oil industry.