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.
Abbas Akhundi revealed the nature of China-Iran relations during Ahmadinejad's reign.
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.
A member of the Energy Commission of the Islamic Consultative Assembly said: "The government has a serious determination to strengthen the country's oil and gas industry and is also sending a message to its enemies that it will not surrender to external threats and pressures and will continue its development and progress in the oil industry."
The heavy lock on the doors of Iran's oil industry to the world is weighing more heavily than ever on the life of this large and vital industry of the country.
