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
Oil production from the South Azadegan Joint Field increased
The CEO of Arvandan Oil and Gas Company announced an increase in oil production by 2,000 barrels in the South Azadegan Joint Field.
Iran is a safe option for Turkmen gas exports
The Turkmenistan-Iraq gas agreement for annual exports of 10 billion cubic meters via Iran reflects Iran's strategic role in transiting Turkmen gas, especially to Europe.
Latest news on the progress of the Isfahan Oil Refinery RHU project
Following the publication of some incorrect news regarding the suspension of Isfahan Oil Refining Company projects, the Public and International Relations Department of Isfahan Petrorefining Company provided explanations in this regard in order to clarify the matter.
Actions of the Parliament’s Energy Commission in Resolving the Electricity and Gas Imbalance
The head of the Energy Commission of the Islamic Consultative Assembly presented a report on the commission's actions in resolving the imbalance of electricity and gas and supplying fuel to power plants at a meeting of the commission, which was held in the presence of the speaker of the Islamic Consultative Assembly and the ministers of oil and energy.
Official selling price of Iranian oil in January 2025
According to the National Iranian Oil Company, the price of Iranian light oil in January 2025 for supply to the Asian market will be $1.35 higher than the base price (Oman/Dubai crude oil price).
Significant increase in liquid fuel deliveries to power plants in the last 4 months
The significant increase in the production and delivery of liquid fuel in the last four months, with careful and strategic management, has allowed the cold days of this year to pass with a stable supply of power plant fuel, without serious challenges in the country's energy supply.
Producing gasoline from methanol ruled out
Not long ago, Iranian methanol producers raised the issue of producing gasoline from methanol.
Product production at Bushehr Petrochemical reached 3 million tons
In the first 9 months of this year, Bushehr Petrochemical succeeded in producing about 3 million tons of various petrochemical products and more than 547 million cubic meters of ancillary services.
Using petrochemical capacity in the campaign to reduce gas consumption by 10 percent
A memorandum of understanding was signed between the National Petrochemical Industries Company and Zagros Petrochemical Company to use the capacity of this petrochemical company in a campaign to reduce gas and electricity consumption by 10 percent in the domestic and commercial sectors.
Khark Oil Terminal plays a vital role in achieving the oil industry’s major goals
Emphasizing the strategic position of the Kharg Oil Terminal, the CEO of the Iranian Oil Terminals Company introduced transformation and innovation as the company's main strategies, and considered special attention to human resources as the key to development and improving productivity.
