Iran is working in the Horn of Africa to expand its strategic depth, resist the pressure of competing powers and balance their activities, and this issue has also affected its oil policies.

According to the available statistics, the export of oil in the 5 months of 2024 is equal to about 20 billion dollars, of which 131 thousand billion tomans was the government's share in the 5-month budget cut.

Recently, the British company BP and SOCAR Azerbaijan have signed a contract for the entry of this company to operate in two oil blocks in the Caspian, which strengthens the influence of this company in the northern neighbor of Iran.

In line with the drop in pressure and drop in production in most of the country's oil and gas production wells, the oil industry continues to insist on drilling new wells. Meanwhile, some experts consider this procedure ineffective and report the existence of hidden motives behind this insistence.

The CEO of Aghajari Oil and Gas Company said: Following the oil leak in Omidiye Pumping Station No. 2, the reduction of 400,000 barrels of exported oil was prevented by the timely action of the employees of Aghajari Oil and Gas Company.

Less than a month after the 14th government took office, the Program and Budget Organization's approval of a 3 billion dollar loan put part of the target to increase production by 400,000 barrels on track.

The deputy CEO of Iran's National Drilling Company announced the drilling and final completion of 46 oil and gas wells in the first half of this year by using the company's drilling fleet in the land and sea areas of the country.

28 common oil and gas fields of Iran, which contain half of the country's gas reserves, have not been properly developed due to sanctions, lack of investment, lack of technology, mismanagement, and the existence of some mafias. While neighboring countries are rapidly exploiting these resources, Iran is missing a historic opportunity for economic development.

The CEO of National Iranian Oil Company emphasized that organizational transformation is an inevitable necessity and said: In addition to increasing production, focusing on optimizing energy consumption should also be given special attention.

The director of human resources of Iran Oil Pipelines and Telecommunications Company announced the formation and launch of the labor discipline committee in this company.