The 3,000-horsepower “60-Fath” rig is on the verge of returning to operations
The overhaul and refurbishment of the "Fath-60" ultra-heavy land drilling rig have reached 80% completion.
Warning over seizure of Iranian oil: “This action will not go unanswered”
Experts believe that the theft of Iranian oil by the United States cannot go unanswered by Iran, and a response to the infringement upon the country's interests will be part of the Islamic Republic of Iran's calculations.
Oil production continues under wartime conditions; 300% increase in associated gas recovery
The CEO of the National Iranian Oil Company announced the continuation of production under wartime conditions, stating that the recovery of associated gas has reached 15 million cubic meters per day, marking a 300 percent increase.
آخرین اخبار
Transformation in energy policies; Four axes of the Ministry of Oil to curb imbalance and combat fuel smuggling
The Ministry of Petroleum in the 14th government has put four main axes on the agenda: price policies, non-price policies, fuel portfolio diversification, and combating off-grid supply and smuggling, and has taken a major step towards curbing the gap between supply and demand, efficiency, justice, and sustainability in the country's energy distribution system.
New facilities for oil knowledge-based companies
A call for granting facilities was published in accordance with the instructions of Note 2 of the 1403 (2024) budget law for the entire country with the approach of developing knowledge-based businesses in the oil industry.
Neighbors’ repeated claims about Arash; proposal to refer to impartial international arbitrators
Following repeated claims by Saudi Arabia and Kuwait regarding ownership of the Arash gas field, an international expert emphasized that the historical and legal background of the field is beyond doubt and that the best solution to end the disputes is to refer to impartial international experts and arbitrators.
The country’s refining capacity will increase by 180,000 barrels by the end of 1404
The CEO of the National Iranian Oil Refining and Distribution Company announced an increase of 180,000 barrels in the country's refining capacity by the end of this year and said: "Three important projects: oil and gas quality improvement at the Shiraz Refinery, kerosene quality improvement at the Isfahan Refinery, and the gasoline unit at the Tehran Refinery will be put into operation by the end of 1404."
Sustainable transmission of 260 billion cubic meters of gas in the first year of the 14th government
The CEO of the Iranian Gas Transmission Company announced the sustainable transmission of 260 billion cubic meters of gas in the first year of the 14th government.
Start of loading and installation operations for South Pars Phase 11 jacket
The loading and installation of the SP11A jacket of the Phase 11 development plan of the South Pars Joint Gas Field began in the presence of the Governor of Bushehr, the CEO of Petropars Group, the CEO of Sadra Company, and executives of Pars Oil and Gas Company and Petropars.
Drilling Memorandum of Understanding was signed between Arvandan and the National Drilling Company
Arvandan Oil and Gas Company and the National Iranian Drilling Company signed a memorandum of understanding to provide drilling rigs and related services.
Official opening of the Sabzab-Shazand pipeline with a capacity of 750,000 barrels of crude oil
The CEO of the National Iranian Oil Engineering and Construction Company stated that the capacity of the Sabzab-Shazand sour crude oil pipeline is 750,000 barrels of crude oil and said: "The implementation of this project will play a fundamental role in reducing energy imbalance and strengthening the country's energy security."
Transformation in oil industry financing with new tools and guarantee funds
The Ministry of Oil of the 14th government, within the framework of the Seventh Development Plan, has implemented various initiatives in the field of capital attraction and financing, paving the way for the development of oil and gas fields and increasing production capacity. By introducing new financial instruments and establishing guarantee funds, it has paved the way for the participation of domestic and foreign investors.
Recording more than 115,000 meters of drilling in the country’s onshore and offshore oil-bearing areas
The CEO of the National Iranian Drilling Company announced the drilling and completion of 114 oil and gas wells, recording more than 115,000 meters of drilling in one year of the 14th government's activity in the country's onshore and offshore oil-rich areas, using the company's drilling fleet.
