The 19th Joint Commission on Economic Cooperation between Iran and Russia is an important opportunity to deepen strategic relations between Tehran and Moscow

The Minister of Oil considered the 19th meeting of the Iran-Russia Joint Commission an important opportunity to deepen strategic relations between Tehran and Moscow and emphasized: Strengthening economic cooperation between Iran and Russia can play an effective role in enhancing the economic capabilities of the two countries and forming an order based on common interests.

Saving $1 billion in oil and gas imports by properly managing consumption

The CEO of the National Iranian Oil Refining and Distribution Company announced a 4% decrease in oil and gas consumption in 1404 (2025). He said: Last year, one billion dollars was spent on importing oil and gas into the country, but this year passed without any imports.

Mismanagement brought petrochemical production to zero

Production in Khorasan, Lordegan, Kermanshah, Zagros, Sabalan, Kimia Pars, and many other urea and methanol petrochemical plants has dropped to zero; why? Because the only prescription of all governments to overcome the gas crisis is to close the gas valve of petrochemical plants.

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Hemmati: Lifting oil sanctions is more important now than ever

The Minister of Economy and Finance wrote on the social network X: "Lifting Iran's oil sanctions is now more economically important than ever."

Signing of the Memorandum of Understanding for the Largest Smart Oil Industry Project

The joint memorandum of understanding for the project "Real-time monitoring and intelligent management of the country's petroleum products supply chain" was signed yesterday (Sunday, February 14), coinciding with the 46th anniversary of the victory of the Islamic Revolution and the Shabaniyah holidays.

Minister of Energy: Eliminating electricity imbalance is a priority for the Ministry of Energy

Emphasizing that we will solve the problem of energy imbalance, the Minister of Energy said: "In order to eliminate existing imbalances, by implementing 14 major energy projects, the amount of electricity production in the country will increase to 100,000 megawatts."

Transmission of 880 million cubic meters of gas in the country

According to Energy Press, citing the Iranian Gas Transmission Company, Seyyed Mahmoud Hosseini, referring to the complete readiness of the gas transmission facilities, equipment, and fleet, stated: "In the same period last year, 854 million cubic meters of gas were transmitted, which represents a 3 percent increase in the amount of gas transmitted."

The country’s daily oil production increased by 70,000 barrels

The CEO of the National Iranian Oil Company announced an increase in the country's oil production by 70,000 barrels and gas production by 30 million cubic meters in recent months.

70 percent of the country’s gas needs are met from South Pars

The CEO of the National Oil Company's Engineering and Development Company said: "The South Pars field is the largest gas field in the world, with 70 percent of the country's gas and 40 percent of its gasoline supplied from this field, so it is important for Iran."

Increase in gasoline production by 10 million liters in the country

The CEO of the Petroleum Products Refining and Distribution Company said: "During the 14th government, 10 million liters were added to the country's quality gasoline production, and oil and gas production also reached 124 million liters in December and January, which has increased by 13 million liters."

Making the petroleum products supply chain smarter

The CEO of the National Petroleum Engineering and Construction Company said: The country's petroleum product supply chain will be made smart with an investment of $392 million.

How much of the country’s electricity do illegal miners consume?

One of the sectors that leads to energy waste in the electricity industry is the distribution network, the main cause of which is the wear and tear of equipment in this sector, unauthorized use, unauthorized cryptocurrency mining, unauthorized branching, etc.

Russian gas transmission to Iran via Azerbaijan: from idea to reality

Current analysis suggests that the difficulty of overcoming underinvestment in infrastructure, systemic mismanagement, and foreign sanctions could hinder the success of the Russian gas transit project to Iran via Azerbaijan.