Oil exports under sanctions pressure: How do oil restrictions inflame the currency market?
An analysis of Iran's oil export trends over the past decade reveals that the intensification of restrictions on oil sales and the diminished outlook for accessing foreign currency revenues have, at various times, coincided with surges in the dollar exchange rate on the open market.
China is no longer waiting for Iranian oil
These days, instead of cheap Iranian oil, Chinese refineries are purchasing oil from Qatar and Iraq at prices up to $20 above Brent; yet, despite these steep costs, they continue to face losses.
The Shahid Rajaee drilling rig returns to operational service
The Offshore Drilling Operations Manager at the National Iranian Drilling Company, noting efforts to secure a contract for the *Shahid Rajaei* offshore drilling rig, stated that the rig's refurbishment is currently underway and it will return to operational service following a period of inactivity.
آخرین اخبار
Petrochemical production capacity reaches 100 million tons; $5.5 billion in foreign exchange earnings
The Director of Production Control at the National Petrochemical Company considered the petrochemical industry's production in 1404 to be defensible despite the 12-day war, and listed the development of fields, the collection of flare gases, and investment in gas consumption reduction projects as among the petrochemical industry's solutions for providing sustainable food.
Sanctions have failed to stop Iran’s oil exports
Etemad Newspaper wrote in a report: Despite the wave of rumors and psychological warfare against the oil industry, informed sources emphasize that Iran's oil exports continue uninterrupted; an issue that shows that sanctions and media hype have failed to stop the country's oil sales cycle.
74% of Iran’s energy portfolio depends on gas
The CEO of the National Iranian Gas Company emphasized that the dependence of about 73 to 74 percent of the country's energy portfolio on natural gas is not seen anywhere else in the world, and said: "By increasing power plant efficiency, developing renewable energies, and increasing the efficiency of industrial equipment, the dependence of the country's energy portfolio can be gradually reduced."
US halts Iraq gas deal via Iran; Baghdad moves towards LNG imports
Iraq, which has sought to increase its natural gas supply and end severe electricity shortages, has faced a major obstacle. Its plan to import gas from Turkmenistan via a pipeline through Iran has failed to win approval from the United States.
International Affairs Analyst: Cooperation between Iran and Russia is the Solution to Resolving Winter Energy Imbalance
An international affairs analyst said: "By strengthening energy cooperation between Iran and Russia, we can achieve the elimination of the country's energy imbalances in the winter."
Drilling of the second development well of the Yadavaran field completed
The Deputy Managing Director of the National Iranian Drilling Company for Drilling Projects announced the completion of drilling operations for the second development well of the 6-well project in the Yadavaran joint field, saying: "After becoming productive, this well was handed over to the Petroleum Engineering and Development Company for exploitation."
MP: Iranian oil has customers despite sanctions; trigger mechanism is ineffective
A member of the Parliament's Cultural Commission said: "The trigger mechanism is a tired scarecrow that is unable to bring the Iranian nation to its knees and strike back; because Iran has learned ways to circumvent oppressive sanctions for years and knows how to navigate the path ahead."
Producing gasoline from methanol is not profitable
The planning director of the National Petrochemical Company, emphasizing the focus on the downstream and reaching a capacity of 131 million tons by the end of the Seventh Plan, said that producing gasoline from methanol is not economically viable.
Major repairs of Ilam Petrochemical Plant successfully completed
The CEO of Ilam Petrochemical Company announced the successful completion of the overhaul of various units of this complex and said: "This extensive operation was completed without any incidents, despite the increase in the volume of activities compared to last year."
Energy Commission member: Winter fuel reserves have improved compared to last year
A member of the Energy Commission of the Islamic Consultative Assembly said: A meeting of the headquarters to eliminate imbalances on the issue of energy supply and winter fuel was held with the presence of the deputy ministers of oil and energy.
