Bandar Imam becomes the giant of Iran’s petrochemical paper projects

Bandar Imam Petrochemical, the beating heart of the downstream chain of Iran's petrochemical industry, is currently facing a $1.4 billion project; a project that, in relation to the company's 8 trillion tomans profit, has raised serious questions about the economic logic, financing method, and the silence of Persian Gulf Holding.

harvesting more than 51% of Iran’s oil reserves; The necessity of acceleration in the development of increased technologies

The Director of Research and Technology of the National Iranian Oil Company, announcing that more than 51% of the country's recoverable oil reserves have been harvested, emphasized: the countries of the region have moved with increasing speed towards the use of new technologies for increased harvesting, and Iran is bound to accelerate the development and localization of these technologies in order to protect the remaining reserves and sustainable production.

A 25% increase in the limit of the contract between the Northern Drilling Company and Caspian Oil

Shamal Drilling Company, the exploratory drilling contractor in the Caspian Sea, announced an increase of 25% of the initial contract amount in some contract cases with the Caspian Oil Company.

Breaking News

Iran’s natural gas production increases despite continued sanctions

The Minister of Oil, pointing out that despite the cruel and unilateral sanctions imposed by the US government over the past few years, Iran's natural gas production has increased to 275 billion cubic meters per year, said: "Territorial tensions and threats not only affect regional stability, but also pose significant risks to global energy security."

Oil Minister: We will sign high-value gas contracts in the near future

Zirnaft said: "High-value gas contracts will be signed soon, some of which will be with domestic companies and some with foreign companies, and a number of these contracts will be concluded this year."

Gas consumption in Tehran province increased by 34 percent

A spokesman for the Tehran Provincial Gas Company said: Gas consumption in this province has increased by 34 percent in the past 24 hours compared to the same period last year.

GECF members condemn Zionist regime’s actions against Iran

The Deputy Minister of International Affairs and Trade of the Ministry of Oil, noting that all members of the Gas Exporting Countries Forum emphasize condemnation of the Zionist regime's attacks against the Islamic Republic of Iran, said: "This issue was addressed appropriately in this meeting."

Importance of GECF meeting in Tehran; Gas market awaits exporters’ decision

Importance of GECF meeting in Tehran; Gas market awaits exporters' decision. Considering the estimated increase in gas demand in the short and medium term, especially in Europe, the Gas Exporters' Forum meeting was held in Tehran with a focus on increasing production and is expected to have an impact on the gas production and trade process.

20% increase in domestic gas consumption

66 percent of the natural gas delivered to the national network yesterday (December 6) was allocated to the domestic, commercial, and small industrial sectors, which is a 20 percent increase compared to the same day last year.

More than 60% of the global energy portfolio will be supplied by fossil fuels by next year

The former Secretary General of the Gas Exporting Countries Association, pointing out that gas is a suitable fuel in transition, said: "We (the world's gas exporters) believe that by 2050, more than 60 percent of the global energy portfolio will still be supplied by fossil fuels."