In order to accelerate the development operations of the Paydar Gharb oil field, two important contracts were signed in the field of subsurface drilling with the aim of optimizing and facilitating implementation processes.
The possible lifting of US sanctions on Iranian oil exports could deal a severe blow to Chinese refineries that have thrived on refining discounted Iranian oil.
The CEO of the National Southern Oilfields Company announced: "The longer the life of oil fields, the higher the natural decline in production; compared to the early 1990s, this decline has increased by about 60 percent."
A memorandum of understanding between the National Iranian Oil Company and Zagros Petrochemical Company for the implementation of the Salman platform flare gas collection project was held and signed on the last day of the International Oil Industry Exhibition.
The CEO of the Petroleum Engineering and Development Company emphasized the key role of investment in the oil industry, calling it the driving force of sustainable economic development, and announced the company's readiness to attract domestic and foreign capital in development projects.
Iranian oil reaches China via shadowy tankers that are difficult to track; now that the US has lost some of its influence due to the tariff war, this task has become more difficult than before.
The Iran Oil Innovation Event (NIOC Innovative Summit 2025) will be held concurrently with the 29th International Oil, Gas, Refining and Petrochemical Exhibition, in Hall 37A (IHIT Hall), the permanent venue of Tehran International Exhibitions.
With the official transfer of management of the Masjed Suleiman Oil Field Development Plan to the Petroleum Engineering and Development Company, preliminary technical and operational activities to enhance production from this historic field began.
Behran Oil Company participated in the seventh Iran Expo exhibition, which will be held from May 28 to 3 at the Permanent Exhibition Center in Tehran.
The CEO of the Iranian Oil Pipelines and Telecommunications Company announced a significant reduction in theft from pipelines this year and said: "The phenomenon of theft of petroleum products from crude oil and petroleum product transmission lines has been one of the serious challenges of the oil industry in recent years, but with effective and targeted measures, we have been able to control this problem to a large extent."
