Oil and Petrochemicals
Oil Managers Emphasized Maximum Gas Production from South Pars
Senior managers of the National Iranian Oil Company and Pars Oil and Gas Company reviewed the gas production plans from...
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Oil and Petrochemicals
Decrease in Brent and WTI Crude Oil Prices Following Increase in Russian Supply
The price of Brent crude oil reached $107.57 and WTI crude oil in the U.S. reached $99.46. The increase in Russian fuel...
Technology
Petroleum University is Pursuing the Commercialization of Student Inventions
Petroleum University has established innovation and entrepreneurship centers with the aim of commercializing inventions....
Oil and Petrochemicals
A One Billion Dollar Contract Signed by Iran's Offshore Oil Company for the Purchase of Services for 4 Offshore Drilling Rigs
Iran's Offshore Oil Company has signed a one billion dollar contract for the purchase of services for four offshore dril...
Oil and Petrochemicals
Contract for the purchase of four offshore drilling rigs signed with the Iranian Offshore Oil Company
Four offshore drilling rigs will be added to the fleet of the Iranian Offshore Oil Company, resulting from the collabora...
Oil and Petrochemicals
Kambiz Safti announced the enhancement of safety in the gas condensate tanks of the fifth refinery
The project for the interconnection system of gas condensate storage tanks at the fifth refinery was implemented to enha...
Health
7,000 Steps for Women's Health Campaign Held at the Ministry of Oil
The '7,000 Steps for Health' campaign was held at the Ministry of Oil on the occasion of Women's Health Week and Car-Fre...
Oil and Petrochemicals
Offering 589 Thousand Tons of Products in the Commodity Exchange Including Steel and Cement
On Tuesday, October 19, 2026, the Iranian Commodity Exchange will offer more than 589 thousand tons of products in vario...
Oil and Petrochemicals
South Pars and the Reconstruction of Facilities for Sustainable Gas Supply in Winter
The reconstruction of damaged facilities at South Pars has begun with the aim of reviving gas production capacities for...
Oil and Petrochemicals
Middle Eastern exporters have turned to a $30 discount to maintain demand
Middle Eastern exporters have resorted to heavy discounts due to high transportation costs and declining profit margins...
Oil and Petrochemicals
Oil Prices Drop Following Trump and Putin Agreement on Diesel Supply
Crude oil prices faced a decline at the beginning of the week due to an agreement between the presidents of Russia and t...
Oil and Petrochemicals
EIA Predicts Reduction in Oil Shortage in 2026
The U.S. Energy Information Administration has lowered its forecast for oil shortages in 2026. This change was announced...