The dark fleet of Iran, Russia and Venezuela has reached nearly 1,000 ships

The dark fleet of Iran, Russia and Venezuela has reached nearly 1,000 ships

Bloomberg reported in a new report that nearly 978 tankers are operating in the so-called “dark fleet,” a network that supports oil exports from Iran, Venezuela and Russia and accounts for about 19 percent of the global fleet. The data comes as a large tanker was seized near Venezuela, which was previously under U.S. sanctions for its involvement in transporting Iranian oil.

South Pars reaches operational self-sufficiency

South Pars reaches operational self-sufficiency

South Pars announced that it will meet the majority of its operational needs by relying on domestic capacity and cooperation with knowledge-based companies; a path that has brought the complex to the threshold of industrial independence by localizing more than 15,000 components and creating a smart supply chain.

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$6 billion oil guarantee fund launched

$6 billion oil guarantee fund launched

Oil Minister Mohsen Paknejad also unveiled a new tool called "PetroCrad," which for the first time allows for the attraction of small public funds through the capital market.
Showy MoUs Have Grounded Iran LNG Project

Showy MoUs Have Grounded Iran LNG Project

The Iran LNG project, which began in the 1980s with the aim of making Iran a major player in the global liquefied natural gas market, is now facing numerous technical and economic challenges. Despite the signing of a new memorandum of understanding between the Iranian Natural Gas Liquefaction Company and the Petroleum Industries Engineering and Construction Company, experts believe that without cooperation with Western companies, the implementation of the project will be impossible.
Investment opportunities in the Pars Special Energy Zone

Investment opportunities in the Pars Special Energy Zone

The Director of Economic Development and Investment of the Pars Special Energy Zone Organization described investment in oil and gas projects, transformation industries, and downstream petrochemicals as attractive, saying: "With the completion of infrastructure and transformation industries, many job opportunities will be created in the region."