The CEO of the National Iranian Oil Refining and Distribution Company announced the delivery of 391 million liters of low-sulfur furnace oil to four thermal power plants by the end of November.
The Oil Minister emphasized: "There are currently no concerns or problems regarding oil sales."
The Director General of Organization, Methods and Organizational Excellence at the Ministry of Oil emphasized that the presence of young forces in the field of safety is a valuable opportunity to empower and develop the human capital of the oil industry.
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."