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
Increasing gas production in South Pars
The deputy head of development plans at Pars Oil and Gas Company said: "With the completion of one of the gas wells in Phase 13 of South Pars, the gas production capacity from this phase increased by 1.7 million cubic meters per day."
Fajr Energy saves 2 million euros in foreign exchange by supporting domestic companies
Due to the severe fluctuations in the exchange rate in the country, Fajr Energy Persian Gulf Company managed to save more than two million euros in foreign exchange by prioritizing rial contracts with domestic suppliers.
Russia’s willingness to export gas to Iran
As part of Moscow's efforts to diversify its gas export flow, the Russian President announced on Friday that Russia may supply a maximum of 55 billion cubic meters of gas to Iran per year.
867 million cubic meters of gas were delivered to the national network
A spokesman for the National Iranian Gas Company announced the delivery of 867 million cubic meters of gas to the national network yesterday (January 18).
When will the removal of the car fuel card be decided?
The spokesperson for the National Gas Station Owners Association said: Based on the parliament's resolution on the budget law, it is expected that the issue of eliminating the car fuel card and allocating subsidies to individual bank cards will be decided in the first quarter of 1404.
An important step has been taken to launch the Urea Petrochemical Unit at Hengam
With continuous planning and round-the-clock efforts of Hengam Petrochemical's urea commissioning unit, the commissioning of the cooling water line began, and thus the pre-commissioning operation of the urea unit's ancillary services was successfully completed.
Foreign Minister announces follow-up on Russian gas exports to Iran during President’s visit
The Foreign Minister referred to the President's plans for his trip to Russia and said: "We will have important negotiations in several areas, one of which is the issue of exporting Russian gas to Iran and transporting Russian gas from Iran, which could turn Iran into an energy and gas hub in the region."
Government Spokesperson: We will see measures to prevent fuel smuggling in the coming days
The government spokesman said: "With the measures taken, we will see positive developments in the coming days towards preventing fuel smuggling."
Major repairs of the Izomax unit of Isfahan Refinery
For the first time, during the overhaul of the Isomax Unit 1, internal components of the reactors of this unit will be removed, rebuilt, and installed, which will play an important role in improving processes and productivity.
Ilam Petrochemical Company’s $36 million conviction overturned
With the continuous efforts and follow-up of the CEO and board of directors of Ilam Petrochemical Company and the guidance of senior managers of Petrol Company, the $36 million conviction of this petrochemical company was officially overturned.
