According to OPEC, the average price of Iranian heavy oil in 2025 fell by more than $10 compared to last year, reaching $70.7; a trend similar to the OPEC oil basket, which has fallen by 30% over the last three years.
Referring to Article 15 of the Seventh Plan Law, Sajjad Khalili emphasized that without changing the financial rules and increasing the actual share of the National Oil Company, it is not possible to maintain production levels and achieve development goals.
Hamid Board emphasized at the ceremony honoring structural engineering and information technology managers that proper organization and decision-making based on current knowledge are the main solutions for solving employee issues and improving the quality of work.
The CEO of Arvandan Oil and Gas Company said: In the South Azadegan field, a plan was implemented to separate low-pressure wells from high-pressure wells and improve the flow conditions of oil pipelines to optimize and increase production, which led to an increase in production in this field of 8,500,000 barrels.
The Deputy Managing Director of the National Iranian Drilling Company for Drilling Projects said: "The National Iranian Drilling Company, by allocating and deploying eight heavy onshore drilling rigs in five provinces of the country, within the framework of cooperation with the Central Iranian Oil Company, is actively participating in the drilling and completion of oil and gas wells and increasing the volume of gas production in the country."
Researchers at Sharif University of Technology have successfully designed and built an indigenous “spiral tubing” system, a high-tech device that was previously imported from abroad. The system is capable of placing tubing up to 6 kilometers deep into oil wells to perform complex operations such as acidizing and well maintenance.
The Minister of Oil stated: "According to expert estimates, achieving the goals of the Seventh Plan requires the provision of approximately $190 billion in financial resources. In the first year, the cash flow and provision of these resources was projected to be $27 billion, of which only $5.5 billion, equivalent to 22 percent, was provided."
The CEO of the National Iranian Oil Company announced the company's full readiness for a stable supply of gas in the winter season and said: "With the implementation of precise and coherent plans, this year's conditions have improved compared to last year."
The CEO of the National Iranian Oil Company, emphasizing the oil industry's full readiness to sustainably supply the country with gas during the cold season, called for a facilitative approach from regulatory institutions to effectively support the industry's national missions.
Statistics from the Tanker Trackers Institute show that just 3 weeks after Iran's oil exports hit a record high, we are once again witnessing a new and unprecedented record in our country's oil exports.