11 billion dollar project with an empty account; Dangerous game of banks in Azadegan oil field

The last condition of Mohsen Paknejad for the implementation of the Azadegan oil field contract is to deposit 800 million dollars to the account of Dasht Azadegan Arvand Company. A condition that banks have been unable to fulfill until today.

Refining and Distribution CEO: Technological opportunities in the refining industry are vast; the move towards data-driven management is gaining momentum

The CEO of the National Iranian Petroleum Products Refining and Distribution Company, emphasizing the move towards data-driven management and smart fuel chain, said: "The opportunity for technological and data-driven work in the refining and distribution industry is very broad. What is important in this path is the right direction, prioritizing issues, and defining effective cooperation models."

Getting to know Iran’s petrochemical holdings; this part of the Persian Gulf

Persian Gulf Petrochemical Industries Holding, as the second largest petrochemical holding in the Middle East and the largest player in this industry in Iran, plays a key role in meeting domestic needs and the international standing of this industry, with more than one-third of the nominal capacity of the country's petrochemical industry.

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Strengthening the friendship and rivalry between Tehran and Ankara

In recent years, Iran and Türkiye have been in serious competition to become a regional gas hub, and the Turkmenistan-Iran-Turkey project emphasizes this and increases cooperation between the two countries.

Will the plan to transfer fuel quotas from cards be implemented?

The plan to transfer gasoline quotas from fuel cards to bank accounts is one of the latest changes in fuel distribution policies in Iran, which was proposed to increase transparency, prevent smuggling, and improve fuel consumption management. This idea has been discussed several times in recent years, and finally, a contract for the pilot implementation of this plan was signed yesterday.

The country’s gas consumption increased to 644 million cubic meters

A spokesman for the National Iranian Gas Company announced a 6 percent increase in the country's gas consumption in the domestic, commercial, and small industrial sectors yesterday compared to the same period last year.

MirSaleem criticizes the cheapness of gasoline prices

Mir Salim said: "We cannot pour gasoline down people's throats for free at this price."

Imported premium gasoline is offered on the energy exchange

The CEO of the National Iranian Petroleum Refining and Distribution Company announced: Super gasoline importers will offer their gasoline through the energy exchange.

Refueling is now possible with a bank account

The CEO of the National Petroleum Products Refining and Distribution Company said: "We hope that within the coming months, in coordination with the Central Bank, the Ministry of Economy, and the Non-Operational Defense Organization, we will be able to implement a new refueling model based on the bank accounts of car owners."

Immigration has left Iran’s oil industry devoid of skilled workers

Experts, technicians, and oil workers have turned to immigration due to inadequate working conditions, salaries in the Persian Gulf countries being ten times higher than in Iran, and ineffective parliamentary policies.

Drilling of a gas well in Khanqiran completed

The drilling of the 79th Khanqiran development well in Khorasan Razavi Province was successfully completed with the efforts of the Technical Affairs Management of the Central Iranian Oil Company.

78% of the country’s delivered gas is consumed in the domestic sector

A spokesman for the National Iranian Gas Company announced that 78 percent of the total gas delivered to the national network was consumed in the domestic, commercial, and small industrial sectors as the weather got colder, saying: "675 million cubic meters of gas were consumed in this sector yesterday."

Announcement of the official selling price of Iranian oil in March

According to the National Iranian Oil Company, the price of Iranian light oil in March 2025 for Asian customers has increased for the second consecutive month and will be offered about $4.5 above the base price (Oman/Dubai crude oil price).