Iran with 37 gas fields; still dreaming of getting rid of imbalance

Despite having the world’s second-largest gas reserves, Iran continues to grapple with an energy imbalance. The country’s numerous gas fields are either underdeveloped or lagging behind in the competition for extraction from shared fields. While gas exports could become a regional lever of power, Iran has a tiny share of the global market. If this trajectory is not corrected, even meeting domestic demand will be challenged in the coming winters.

Oil Minister: Aggression against energy-producing countries is a threat to global stability

Stating that aggression against energy-producing countries is a violation of international law and a threat to global stability, the Minister of Oil said: "The energy industry, and especially oil, in today's interconnected world, needs peace and stability to play its role in promoting national, regional, and global prosperity."

Iran becomes OPEC’s second largest refiner

With a refining capacity of 2 million 237 thousand barrels per day and a 16% share in OPEC, Iran ranks second among the countries of this organization, and it also accounts for 2.1% of the world's refining capacity.

Breaking News

Cooperation between Iran and Azerbaijan in the field of energy and water

The relations between Iran and Azerbaijan have significant potential in the fields of energy and water.

Iran’s oil industry is taking steps towards development/sanctions do not hinder growth and development

The vice-chairman of the Energy Commission of the Islamic Council pointed to the progress of the oil industry in recent years, as well as the increase in oil production and export, and said: Sanctions have not hindered the growth and development of the oil and gas industry.

What is the effect of new US sanctions on Iran’s oil and petrochemical industry?

While the US Treasury announced the imposition of sanctions against dozens of entities and ships related to Iran's oil and petrochemical products industry, reports show that nothing new has happened in Iran's oil and petrochemical products export process, and the sale of oil and petrochemicals continues.

Iran’s electricity allocation system was put into operation

The country's specialized electricity buying and selling market named "Iran's Electricity Allocation System (SETBA)" was put into operation.

One billion dollar damage to the National Drilling Company to the oil industry

The unexpected stoppage of 31 oil wells has reduced the country's daily production by 46 thousand barrels and caused a billion dollar damage. Mismanagement in National Drilling Company is the main cause of this crisis.

Member of the Board of the Parliament's Energy Commission in an interview with "Energy Press":

In the field of oil and gas, we are lagging behind the sixth development plan/we have serious mismanagement in fuel consumption optimization

Referring to the reasons for the energy imbalance in the country, a member of the leadership committee of the Parliament's Energy Commission said: We are witnessing serious mismanagement in fuel optimization, and in this regard, we are lagging behind the sixth development plan. While we should have included the variety of consumption in the fuel basket and also think about the conditions after the end of fossil fuel.

The emphasis of the deputy minister of oil in gas affairs on acquiring knowledge in the overhaul of gas turbines

The deputy minister of oil for gas affairs stated that the gas transfer company is an original and well-established company whose forces are well-known, but unknown, and said: the hardworking forces of this company have been able to keep the flag of this company high by relying on their knowledge and capabilities. Transport natural gas sustainably.

Does the crisis of electricity shortage continue in winter?

For several years, blackouts have been extended to winter, the type of blackouts in the second half, but not summer, and the reason is gas imbalance. Because more than 90% of the electricity produced in the country is provided by gas and oil products.

Spokesperson of the Ministry of Foreign Affairs: The new US sanctions against Iran’s energy are illegal

The spokesperson of the Ministry of Foreign Affairs considered the imposition of new sanctions by the United States against Iran's energy sector as an illegal and unjustified act and strongly condemned it.

Gachsaran Oil and Gas pioneered in the production of oil industry equipment

The CEO of Gachsaran Oil and Gas Company emphasized on the cooperation and empowerment of domestic companies in order to provide services to the operating companies and said: signing the contract for the supply of an electric motor and three pumps, carrying out corrective measures in two 8 and 10 inch lines and implementing 75 process amendments to improve and Production stability in oil, gas and liquefied gas facilities has been achieved in the first half of this year.

Page 63 of 132«...30 40 50 ‹ 59 60 61 626364 65 66 67 68 › 70 80 90...»