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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23 oil and gas exploration blocks on land and offshore were introduced

23 oil and gas exploration blocks on land and offshore were introduced

With the aim of accelerating the exploration of hydrocarbon resources and attracting investment, the National Iranian Oil Company has introduced 23 exploration blocks on land and sea, with the total in-situ oil and gas reserves of these blocks estimated at more than 193.8 billion barrels and 783 trillion cubic feet, respectively.
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."