Arvandan Oil and Gas Company successfully completed a complex operation in North Gaspé and brought several closed and salt wells back into production.
The Minister of Oil considered the South Pars gas field pressure boosting as one of the most important projects of the National Iranian Oil Company and said: "Before the end of this year, we will announce good news for the finalization of some of the South Pars pressure boosting contracts."
Experts believe that the return of Trump's maximum pressure policy on Iranian oil will be doomed to failure due to the economic conditions of the United States itself and China's commitment to purchasing Iranian oil.
Chinese investment in Iraq's oil industry has reached 10 billion dollars, while this country, which is the largest buyer of Iranian oil and has a 25-year cooperation agreement with Iran, does not actively invest in any of the projects of Iran's oil industry.
The first coordination meeting of the Engineering and Oil Development Company was held with the Khatam Al Anbiya camp with the aim of expanding cooperation and continuous development of joint oil fields.
The CEO of the fuel consumption optimization company met and talked with the economic and investment representative of the Arab governments with the aim of exploring the creation of new opportunities in the field of energy.
Production from Sepehr and Jafir fields reached 51,000 barrels per day after well No. 7 of Jafir field entered the circuit.
Bloomberg's claim about the purchase of African oil by small Chinese refineries has raised the question of whether this action means a reduction in Iranian oil imports or not. But geopolitical factors show that embargoing Iran's oil is impossible in the new Trump era and Beijing will continue to buy Iranian oil.
The Minister of Oil said: People should be aware that if we consume the same amount of diesel this year as we did last year, we will not have blackouts or problems in winter, but due to the importance of people's health and the environment, a decision was made to reduce consumption. Diesel fuel, part of it will be applied as blackout with the diagnosis of Ministry of Energy experts.
The CEO of Khazar Oil Company announced the start of executive planning for the reconstruction and modernization of the company's marine fleet.