harvesting more than 51% of Iran’s oil reserves; The necessity of acceleration in the development of increased technologies

harvesting more than 51% of Iran’s oil reserves; The necessity of acceleration in the development of increased technologies

The Director of Research and Technology of the National Iranian Oil Company, announcing that more than 51% of the country's recoverable oil reserves have been harvested, emphasized: the countries of the region have moved with increasing speed towards the use of new technologies for increased harvesting, and Iran is bound to accelerate the development and localization of these technologies in order to protect the remaining reserves and sustainable production.

30% of the country’s non-oil exports are from the petrochemical industry

30% of the country’s non-oil exports are from the petrochemical industry

The investment manager of the National Petrochemical Industry Company said: We are obliged to solve as many challenges and problems as possible so that the development of the industry takes place, because the petrochemical industry accounts for about 8% of the gross domestic product and 30% of non-oil exports are made from the petrochemical industry.

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Dispatching HSE experts from the oil industry to Shahid Rajaee Pier

Dispatching HSE experts from the oil industry to Shahid Rajaee Pier

The Director General of the HSE of the Ministry of Oil announced the dispatch of expert groups and HSE of the Ministry of Oil and the National Petroleum Refining and Distribution Company following the incident at Shahid Rajaee Port in Bandar Abbas, and said: "On the orders of the Minister of Oil, a group of officials and experts in the field of HSE of the oil industry was immediately dispatched to the area."
Increasing petrochemical cooperation between Iran and Africa

Increasing petrochemical cooperation between Iran and Africa

The CEO of the National Petrochemical Industries Company said: "There is good potential for cooperation with African countries to develop relations in the petrochemical industry, and there is a possibility of expanding cooperation based on supplying feedstock from Iran."
Is there a power outage coming?

Is there a power outage coming?

Referring to the 8% increase in electricity consumption compared to last year and the restrictions on the use of hydroelectric power plants due to low rainfall this year, Tavanir Company announced: Electricity subscribers can be informed of their electricity restrictions schedule by entering their bill ID on the website of the distribution companies and the My Electricity System.
36% increase in power plant fuel deliveries

36% increase in power plant fuel deliveries

The CEO of the National Iranian Petroleum Products Distribution Company announced a 36% increase in the delivery of power plant fuel (oil, gas, and furnace oil) in the first 33 days of this year (April 1 to May 2) compared to the same period last year.
$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.