The CEO of Pars Oil and Gas Company stated that identifying opportunities, introducing investment risks, and attractiveness in investment contract models are the most important factors in attracting investment in the oil industry.
The list of investment opportunities for the National Iranian Oil Company, which will be presented at the event "Transformation in Investment and Upstream Development of Iran's Oil and Gas", was announced.
Two new oil fields have been discovered above and below the South Pars gas field in the Persian Gulf, and preparations for their development are underway.
The director of the Khark operational area announced the remarkable success of the Iranian Offshore Oil Company's specialists in increasing oil production in the Durood field, saying: "This achievement, which came to fruition in the last days of Esfand 1403, coinciding with the anniversary of the nationalization of the oil industry, is the result of months of relentless efforts to launch a three-well gas supply project in this field."
According to the National Iranian Oil Company, the price of Iranian oil in April 2025 will be offered to Asian customers about $4 above the base price (Oman/Dubai crude oil price).
Government spokeswoman Fatemeh Mohajerani called the sanctions on the oil minister illegal.
The government spokesman, noting that the Ministry of Oil is one of the most important ministries on the front lines of sanctions, wrote on the X social network: "Iran's oil exports cannot be stopped."
The CEO of the Petroleum Engineering and Development Company announced the round-the-clock efforts of the executive groups to launch the first section of the crude oil processing unit of the South Azadegan Joint Field, saying: "This unit will soon enter production."
The latest calculations conducted by the Research Center of the Islamic Consultative Assembly show that the added value of oil and natural gas has grown by 6.5%.
US Energy Secretary Chris Wright has announced that the Trump administration is prepared to impose sanctions on Iranian oil production. In an interview with Bloomberg on Monday, Wright said that during Trump’s first term, “Iranian oil exports have been reduced to a very limited level.”
