The CEO of Arvandan Oil and Gas Company announced an increase in oil production by 2,000 barrels in the South Azadegan Joint Field.

Following the publication of some incorrect news regarding the suspension of Isfahan Oil Refining Company projects, the Public and International Relations Department of Isfahan Petrorefining Company provided explanations in this regard in order to clarify the matter.

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).

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.

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."

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.

The Minister of Oil announced an increase in oil production capacity to about 250,000 barrels per day.

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."

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.

Chevron's CEO announced that Washington's current sanctions against Tehran have only changed the export route of Iranian oil shipments.