Signing of Memorandums of Understanding to Expand Oil Cooperation between Iran and Iraq

According to the Minister of Oil, memorandums of understanding have been signed to expand Iranian and Iraqi oil cooperation in various fields, including offshore exploration and the transfer of associated gases from Iraqi border fields to Iran to supply feedstock for NGL units with the participation of the private sector.

Pakistan eyes Tehran-Washington agreement to revive peace gas pipeline

A possible agreement between Iran and the United States could lift Washington's sanctions on Iranian gas exports to Pakistan and revive the Peace Gas Pipeline to ensure Islamabad's energy security.

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?

Breaking News

Fuel oil quality improvement plan at Tehran Refinery

The CEO of Tehran Oil Refining Company referred to the refinery's furnace oil quality improvement plan and said: "This plan is being finalized and will be put into operation by 1408."

The production of the largest petrochemical holding in the Persian Gulf will exceed 30 million tons per year

The extraordinary general assembly of the Persian Gulf Petrochemical Industries Company agreed to increase the company's capital by 25 Hemat from retained earnings.

Iraq: Exemption from buying Iranian gas not yet expired

The Iraqi Prime Minister's advisor announced that the United States has maintained an exemption from sanctions on Baghdad's purchase of Iranian gas.

Government Spokesperson: Iran’s Oil Exports Cannot Be Stopped

The government spokesman, noting that the Ministry of Oil is one of the most important ministries on the front lines of sanctions, wrote on the X social network: "Iran's oil exports cannot be stopped."

The quality of gas delivered to the country is high and complies with standards

Gas production in the country's gas refineries and the quality of gas delivered to various consumer sectors comply with strict international standards.

Sufficient fuel has been stored for Nowruz

The CEO of the National Iranian Petroleum Products Distribution Company said: "Sufficient fuel has been stored in oil depots to provide the desired fuel supply for Nowruz, and we will not have a shortage in this regard during the upcoming holidays."

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%.