The Director of Research and Technology of the National Iranian Oil Company, announcing that more than 51% of the country's recoverable oil reserves have been harvested, emphasized: the countries of the region have moved with increasing speed towards the use of new technologies for increased harvesting, and Iran is bound to accelerate the development and localization of these technologies in order to protect the remaining reserves and sustainable production.
Shamal Drilling Company, the exploratory drilling contractor in the Caspian Sea, announced an increase of 25% of the initial contract amount in some contract cases with the Caspian Oil Company.
The investment manager of the National Petrochemical Industry Company said: We are obliged to solve as many challenges and problems as possible so that the development of the industry takes place, because the petrochemical industry accounts for about 8% of the gross domestic product and 30% of non-oil exports are made from the petrochemical industry.
The former representative of Iran in the OPEC executive board, emphasizing the fading effect of geopolitical shocks on the global oil market, said: In recent years, the oil market has moved away from pricing based on fear and tension and has moved towards valuation based on fundamental factors such as supply, demand, storage level and excess production capacity.
A faculty member of the Institute for International Energy Studies announced that price levels in 2025 were lower than the previous year, and said: "Given the experience of the oil market in recent years, it is unlikely that we will see a significant increase in prices in 2026 unless a specific development occurs in the global economy or geopolitical equations."
The Minister of Oil, announcing that our colleagues, as oil companies, do not have access to the banking sector with money from oil sales, said: "The mechanism for depositing resources from oil sales is carried out under the supervision, monitoring, and control of the Central Bank."
The chairman of the board of directors of the oil industry pension funds considered the independence and non-governmental nature of the fund to be the foundations of the fund's sustainability, and called rumors of the fund's merger false.
The Minister of Oil announced that in the first week of implementing the new gasoline plan, consumption had decreased by 9 million liters, and said: "Of course, we must wait for its long-term effects to draw conclusions in this regard."
The head of research and development affairs of the oil engineering and development company emphasized the necessity of moving towards data-oriented solutions and said: the implementation of a virtual flow meter based on artificial intelligence is a practical step in the direction of making oil wells smarter and reducing dependence on costly and risky technologies.
The Director of Research and Technology of the National Iranian Oil Company announced that the company's new research and technology contracts focusing on the application of artificial intelligence and digital transformation in the fields of exploration, drilling and production have been signed with the aim of increasing productivity and reducing time and cost.
