Growth in oil production and exports despite economic recession

Central Bank statistics indicate a 1.1% growth in oil production and exports in the first half of 1404; a growth achieved during an economic recession and alongside a 0.6% decrease in the country's gross domestic product.

The Yellow Dragon’s Addiction to Iranian Oil / Billion-Dollar Savings for Chinese Refineries

Estimates by the Kepler Institute show that China purchased over 80% of Iran's exported oil in 2025, with daily imports averaging around 1.38 million barrels, equivalent to approximately 13% of China's total seaborne oil imports.

Member of the European Parliament: Trump is after Iran’s oil

Mantro stated at the European Parliament meeting with the EU's Foreign Policy Chief, Kajsa Kallas, that Trump is after Iran's oil.

Breaking News

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).

The third meeting of the special headquarters for energy imbalance management was held

The Deputy Chairman of the Industries and Mines Commission of the Islamic Consultative Assembly referred to the holding of the third meeting of the special headquarters for energy imbalance management and said: "In this meeting, issues such as fuel smuggling, electricity theft, and problems resulting from the lack of an energy measurement unit were examined."

77% of total natural gas was consumed in the domestic sector

A spokesperson for the National Iranian Gas Company announced the consumption of 660 million cubic meters of gas in the domestic, commercial, and small industrial sectors yesterday.

Iran’s petrochemical industry exports reach $12 billion

The CEO of the National Petrochemical Company said: The total amount of exports from the petrochemical industry in the first 11 months was about $12 billion, of which $9.14 billion was supplied, which is almost equal to the amount of foreign exchange supplied in the 11 months of last year.