Its name is tied to "oil," but its role goes beyond a production company; an institution that emerged from a historic decision and became the beating heart of Iran's energy. Today, the National Iranian Oil Company is not only a major player in the oil and gas industry, but also one of the pillars of the economy and national authority.
The Investment and Business Director of the National Iranian Oil Company said: The Upstream Oil Currency Guarantee Fund is designed as the oil industry's main measure to improve the business environment in the field of financing upstream projects and can create a significant transformation in the capital market and stock market.
The Investment and Business Director of the National Iranian Oil Company said: The Upstream Oil Currency Guarantee Fund is designed as the oil industry's main measure to improve the business environment in the field of financing upstream projects and can create a significant transformation in the capital market and stock market.
The Iranian Oil Minister and the Russian Energy Minister met and discussed on the eve of the 19th Joint Commission on Economic Cooperation between the two countries in Tehran.
In a resolution, parliamentarians set the amount of debt forgiveness for the National Oil Company to the Central Bank and commercial banks at 55 billion euros.
Within this framework, the southern oil-rich regions, by simultaneously focusing on maintaining production, developing fields, improving operational readiness, and increasing the resilience of facilities, were able to increase the average daily crude oil production by about 100,000 barrels in the operational scope of the Karun, Marun, Aghajari, Masjed Soliman, and Gachsaran oil and gas exploitation companies, while compensating for the natural decline in reservoirs; an increase that was the result of a series of field, technical, and managerial measures and highlights the decisive role of this company in the sustainable supply of energy to the country.
Vitol CEO announced: Despite previous estimates of oversupply, geopolitical pressures have left global oil markets facing a shortage.
The head of the Energy Commission of the Islamic Consultative Assembly emphasized: Even if all American ships are stationed in the Persian Gulf, Iran's oil export route will not be stopped.
The development of the West Karun oil fields is being pursued as one of the main priorities of the 14th government, focusing on accelerating strategic plans; in the meantime, the Azadegan joint field, as the largest oil field in the country, has played a key role in increasing oil production and boosting exports by completing its development phases.
By creating new financial instruments, establishing a guarantee fund, and opening the doors of participation to the private sector, the Ministry of Oil of the 14th government has drawn up a comprehensive plan to direct liquidity to the heart of the energy industry; a narrative of the transformation of oil governance that links national wealth to national capital.
