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Official selling price of Iranian oil in January 2025

Official selling price of Iranian oil in January 2025

According to the National Iranian Oil Company, the price of Iranian light oil in January 2025 for supply to the Asian market will be $1.35 higher than the base price (Oman/Dubai crude oil price).
Khark Oil Terminal plays a vital role in achieving the oil industry’s major goals

Khark Oil Terminal plays a vital role in achieving the oil industry’s major goals

Emphasizing the strategic position of the Kharg Oil Terminal, the CEO of the Iranian Oil Terminals Company introduced transformation and innovation as the company's main strategies, and considered special attention to human resources as the key to development and improving productivity.
Providing $23 billion from the National Development Fund for 60 oil and gas projects

Providing $23 billion from the National Development Fund for 60 oil and gas projects

The chairman of the National Development Fund's executive board said: "The Economic Council has passed a resolution to increase oil production by 250,000 barrels per day, which the Fund is participating in financing."
Tripartite Memorandum of Understanding for the Plan to Revive Closed and Low-Productivity Oil Wells

Tripartite Memorandum of Understanding for the Plan to Revive Closed and Low-Productivity Oil Wells

A tripartite memorandum of understanding for the implementation of the Note to Article 13 of the Economic Council's resolution for the plan to revive closed and low-yielding oil wells was signed between the Innovation and Prosperity Fund, the National Iranian Oil Company, and the Oil Industry Technology and Innovation Park.
Oil Minister: Country’s oil production capacity will increase by 250,000 barrels per day

Oil Minister: Country’s oil production capacity will increase by 250,000 barrels per day

The Minister of Oil announced an increase in oil production capacity to about 250,000 barrels per day.
Filing a case against former oil and interior ministers and the head of the environment department

Filing a case against former oil and interior ministers and the head of the environment department

A spokesman for the judiciary announced: "A special criminal case has been opened against three defendants, including the former ministers of oil, interior, and the head of the Environmental Protection Agency, and in accordance with the law, five of the managers at the time have been sentenced."
Reasons for the failure of the sanctions on Iran’s oil fleet

Reasons for the failure of the sanctions on Iran’s oil fleet

The second Trump administration is seeking to impose sanctions on 35 companies and ships to increase pressure on Iran, but experts believe that market conditions and the lack of support from China and Arab countries will prevent this from happening.
US sanctions against Iran have not stopped oil exports, they have only changed their direction

US sanctions against Iran have not stopped oil exports, they have only changed their direction

Chevron's CEO announced that Washington's current sanctions against Tehran have only changed the export route of Iranian oil shipments.
Abbas Akhundi: China did not give us $21 billion of our oil money!

Abbas Akhundi: China did not give us $21 billion of our oil money!

Abbas Akhundi revealed the nature of China-Iran relations during Ahmadinejad's reign.
The Statistics Center announced that GDP growth was driven by oil

The Statistics Center announced that GDP growth was driven by oil

According to a report by the Statistical Center of Iran, in the first 6 months of this year, we witnessed a 4% economic growth in gross domestic product with oil.
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Latest news

  • Producing gasoline from methanol is not profitable
  • Major repairs of Ilam Petrochemical Plant successfully completed
  • Energy Commission member: Winter fuel reserves have improved compared to last year
  • Tavakoli: Energy imbalance in winter will be controlled by managing fuel and reserves
  • Saving 1.7 billion cubic meters of gas in the petrochemical industry over the last four years
  • Increasing oil production capacity in South Azadegan with the launch of a new well by Petropars
  • Major repairs have begun at Pars Petrochemical production units
  • From reckless policymaking to official warning to petrochemicals; Iran’s propylene market at risk
  • Increasing oil production capacity by launching a mobile desalination unit in the fields of the west of the country
  • Get to know one of the most modern refineries in Iran, Bandar Abbas Oil Refinery

Petroleum

  • Joint project between the University of Petroleum Industry and Arvandan; Oil production tripled in a laboratory pilot
    Joint project between the University of Petroleum Industry and Arvandan; Oil production tripled in a laboratory pilot
  • Spokesperson for fuel station owners: Fuel supply in Tehran will not be interrupted
    Spokesperson for fuel station owners: Fuel supply in Tehran will not be interrupted
  • Sharp decline in CNG consumption in the country
    Sharp decline in CNG consumption in the country
  • Details of transferring fuel quota to a bank card
    Details of transferring fuel quota to a bank card
  • Power plant reserves are 80% higher this year than last year
    Power plant reserves are 80% higher this year than last year
  • Significant reduction in theft from oil pipelines this year
    Significant reduction in theft from oil pipelines this year
  • Behran Oil’s presence at Iran Expo
    Behran Oil’s presence at Iran Expo
  • The country’s gasoline consumption increased to more than 132 million liters
    The country’s gasoline consumption increased to more than 132 million liters
  • Sufficient fuel has been stored for Nowruz
    Sufficient fuel has been stored for Nowruz
  • Fuel supply for vehicles continues to be done through a smart system
    Fuel supply for vehicles continues to be done through a smart system

Petrochemical

  • Producing gasoline from methanol is not profitable
    Producing gasoline from methanol is not profitable
  • Major repairs of Ilam Petrochemical Plant successfully completed
    Major repairs of Ilam Petrochemical Plant successfully completed
  • Major repairs have begun at Pars Petrochemical production units
    Major repairs have begun at Pars Petrochemical production units
  • From reckless policymaking to official warning to petrochemicals; Iran’s propylene market at risk
    From reckless policymaking to official warning to petrochemicals; Iran’s propylene market at risk
  • Get to know one of the most modern refineries in Iran, Bandar Abbas Oil Refinery
    Get to know one of the most modern refineries in Iran, Bandar Abbas Oil Refinery
  • Iran’s petrochemical capacity will reach 131 million tons by the end of the Seventh Plan
    Iran’s petrochemical capacity will reach 131 million tons by the end of the Seventh Plan
  • Barter: The savior of Iran’s urea industry amid liquidity crunch and advantageous laws
    Barter: The savior of Iran’s urea industry amid liquidity crunch and advantageous laws
  • Petrochemicals reach deprived areas; Kerman on the path to industrial development
    Petrochemicals reach deprived areas; Kerman on the path to industrial development
  • Currency price differences have increased demand for petrochemical product exports
    Currency price differences have increased demand for petrochemical product exports
  • Shazand under the microscope: From the halt to gasoline exports to Afghanistan to the legacy of bus hires
    Shazand under the microscope: From the halt to gasoline exports to Afghanistan to the legacy of bus hires

GAS

  • Energy Commission member: Winter fuel reserves have improved compared to last year 2 روز
  • Tavakoli: Energy imbalance in winter will be controlled by managing fuel and reserves 2 روز
  • Saving 1.7 billion cubic meters of gas in the petrochemical industry over the last four years 2 روز
  • Energy Press with a new identity, but with the same commitment 4 روز
  • South Pars sets record; Phase 11 gas production triples 1 هفته
  • New achievement in South Pars; Well 9 is ready for sustainable exploitation 1 هفته
  • Fajr Jam Refinery breathes new life; gas production increases by 10 percent 1 هفته
  • Gas Imbalance: A Structural Challenge for Iran’s Energy Industry Until 2015 1 هفته
  • The first gas field development contract was awarded to Bakhtar Holding 2 هفته
  • Spokesperson for the Ministry of Foreign Affairs: We do not accept unilateral claims about the Arash gas field 2 هفته

Videos

Letter of 3 large manufacturing association to the president in support of the new currency decision

Letter of 3 large manufacturing association to the president in support of the new currency decision

Top News
  • Major repairs of Ilam Petrochemical Plant successfully completed
  • Energy Commission member: Winter fuel reserves have improved compared to last year
  • Tavakoli: Energy imbalance in winter will be controlled by managing fuel and reserves
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