The CEO of the Gachsaran Oil and Gas Exploitation Company announced the efforts and efforts of the company's employees around the clock to prevent a long-term reduction in daily production of 50,000 barrels of oil.
Pointing out that when the 14th government started, the level of power plant reserves decreased by about 45% compared to the same period last year, the oil minister said: "Now we are trying to compensate for the decrease in reserves at this point in time by increasing production as well as imports."
The meeting to review the latest status of joint investment projects with foreign countries was held with the presence of the Minister of Oil.
Informed sources and Western media reported that Donald Trump's maximum pressure sanctions campaign against Iran may extend to Iraq and target OPEC's second-largest crude oil producer.
The latest statistics of the US Department of Energy show that in the past year, 187 ships have transported Iranian oil or oil products to 93 ports in 26 countries in the past year, ignoring US sanctions.
The fate of the world economy is tied to several narrow straits. These straits are the oil highways of the world through which millions of barrels of oil pass daily. From the Strait of Hormuz, the uncontested king of these vital vessels, to the Strait of Malacca, Bab al-Mandeb, the Suez Canal, and the Bosphorus, each in turn plays a key role in supplying the world with energy.
The implementation of development plans in the companies under the Oil Industry Pension Fund will ensure stable income to pay the salaries and pensions of oil industry retirees.
The growth of Iran's crude oil and gas condensate production in the third quarter of 2024 compared to the same period last year was about 9 percent.
Failure to select a new CEO of National Drilling Company has made the company's chaotic situation more chaotic than before.
The CEO of Iran Oil Pipelines and Telecommunications Company emphasized the full readiness of the oil transportation industry for winter fuel transportation, pointing out that 70 billion liters of petroleum products have been sent throughout the country during the first 6 months of this year.
