The Deputy Minister of Petroleum for Engineering, Research and Technology Affairs considered synergy between support tools and players in the technology ecosystem essential to accelerate the process of technology development and commercialization, and said: "By focusing on solving priority issues in the oil industry and utilizing existing capabilities, effective steps can be taken to address the challenges of this industry."
Referring to the damage done to energy infrastructure, the Minister of Oil announced progress beyond expectations in the reconstruction of these facilities and promised that these units would return to production in a shorter timeframe.
The CEO of the National Oil Company of Iran, emphasizing the need to utilize new technologies in the exploration sector, said: "The use of artificial intelligence in analyzing and interpreting seismographic data is an effective factor in increasing accuracy, speeding up processes, and reducing the costs of seismographic operations."
Members of the National Security and Foreign Policy Committee of the Islamic Council of Experts were briefed on the latest developments in the oil industry during a meeting with the Oil Minister.
A member of the Economic Commission of the Islamic Council of Experts, stating that price policies in the fuel sector, especially gasoline, are not considered in the current situation, said: The priority in eliminating gasoline imbalance is to implement non-price policies to avoid economic shock to the people.
The second heavy land drilling rig of the Oil Industry Fleet, with the participation of the National Oil and Gas Company of South Iran and the National Drilling Company of Iran, returned to the production cycle after 470 days of major repairs and modernization.
The Chairman of the Energy Commission of the Islamic Council of Representatives, stating that as people have stood tall by their system these days, the officials of the Ministry of Oil are also exerting all their efforts to ensure people do not face problems in the fuel sector, said: The Energy Commission of the Parliament is seriously pursuing the resolution of the problems of the oil industry's employees.
Fortune magazine warned that with the continuation of the deadlock in efforts to reopen the Strait of Hormuz, the risk of oil supply shortages is very high.
Hamid Reza Hajibabai, Vice-President of the Islamic Council, said in a warning statement: "If the enemy attacks our oil, we will do something so that no country in the world will have access to the oil of this region."
China had been holding the best energy deal in the world for years, with nearly 1.4 million barrels of Iranian oil per day, at a price lower than the market, without dealing with Western sanctions. But the February 2026 war and the US-Israel aggression against Iran disrupted all these calculations.
