Oil and gas cannot be removed from the energy portfolio

Oil and gas cannot be removed from the energy portfolio

Despite the investment of 9.5 trillion dollars, alternative energy sources have not been able to replace hydrocarbons; The issue that caused the CEO of Aramco Arabia to suggest to focus on reducing their carbon emissions instead of the strategy of eliminating oil and gas.
6% economic growth in Iran’s oil industry

6% economic growth in Iran’s oil industry

The CEO of the Southern Oil Regions Company said: 13 projects of the 28 tank development plan are active and we hope that the contractors will work together with the government to advance the project.
70% increase in oil production in Iran

70% increase in oil production in Iran

The managing director of the National Oil Company stated that 70% of production growth was entirely exported and said: "In the past, we did not produce because we could not sell."