Economy
6% Decrease in Iron Ore Prices and Fortescue's Challenges with China
Iron ore prices have decreased by 6% this year, and Fortescue is facing challenges in selling to China. The decline in c...
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Indonesia's Thermal Coal Production to Decrease to 720 Million Tons by 2026
Thermal coal production in Indonesia is expected to decrease to 720 million tons in 2026, down from 790 million tons in...
Oil and Petrochemicals
Increase in Oil Prices Due to Political Fluctuations in the U.S. and Tensions in Iran
Oil prices rose on Wednesday due to investors' assessments of the U.S. midterm elections and military tensions in the Mi...
Exclusive Report
Declining Gas Reserves in Europe Tighten Global Market Conditions Until 2027
Natural gas reserves in Europe have reached their lowest level in over a decade. This situation could put additional pre...
Oil and Petrochemicals
The Fall of Brent Oil Prices to $94 and Its Consequences
Brent oil prices have dropped by 17% to $94. This decline may have widespread effects on financial markets and internati...
Oil and Petrochemicals
Revitalization Plan for Phase 14 of South Pars Refinery on the Path to Completion
Hamid Reza Masoudi visited the revitalization project of the damaged unit at the Phase 14 South Pars Refinery and commun...
Oil and Petrochemicals
Iran's Regional Energy Diplomacy Roadmap Approved and Announced
The roadmap document for the regional energy diplomacy of the Islamic Republic of Iran was approved and announced at the...
Economy
Final Deadline for Iran Khodro Pre-Sale Payment for November 2025
The deadline for the pre-sale payment for Iran Khodro's eight products has been set until November 16, 2025. Applicants...
Oil and Petrochemicals
Approval of 534 Passive Defense Programs in the Oil Industry
Mohammad Mahdi Pouyandeh announced the approval of 534 passive defense programs in the oil industry for the year 1405. T...
Oil and Petrochemicals
11% Increase in Gas Production at Ilam Refinery
Gas production at Ilam Refinery has reached a new record with an 11% increase compared to last year. The CEO of the refi...
Oil and Petrochemicals
Allocation of 750 Million Liters of Fuel to Industries and Mines by Ali Akbar Arab-Amiri
Ali Akbar Arab-Amiri announced that 750 million liters of surplus fuel will be allocated to industries and mines. This q...
Technology
Drafting a Roadmap for Artificial Intelligence Development in the Oil Industry
The roadmap for artificial intelligence development in the oil industry emphasizes synergy between the information techn...