The deputy chairman of the Special Committee for Supporting Production and Monitoring General Policies announced that with approval of a financing law, investment projects in the strategic South Pars region will be supported.
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Amid persistent cold weather and despite the consumption of 622 million cubic meters (mcm) of natural gas by the residential, commercial, and small industrial sectors, approximately 137 mcm of gas were delivered to power plants yesterday.
The deputy for international affairs and commerce at Iran’s Ministry of Oil emphasized the need for Caspian Sea littoral states to enhance their cooperation in oil and gas.
The caretaker of Iran Gas Engineering and Development Company announced the injection of gas into the 90-120 kilometer section of the 42-inch Minab-Sirik gas pipeline.
World crude oil price today, February 18, 2025
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US President Donald Trump’s recent proposal to sell more oil and gas to India could significantly reduce New Delhi’s purchases of discounted Russian oil, thought to be funding Moscow’s war with Ukraine.
Iran's masterbatch and polymer compound exports increased by 100% in the past year, according to an official from the Industry, Mining, and Trade Ministry.
The Director-General of Public Relations at the Ministry of Oil stated that the sustainable supply of gas during this year's cold season is the result of the intensified efforts of South Pars employees. He emphasized the need to continue these efforts.
The CEO of Pars Oil and Gas Company (POGC) announced that daily gas extraction from the South Pars joint field has increased by 10 million cubic meters compared to last year.
World crude oil price today February 17, 2025
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Indian state power company NTPC is looking to build 30 gigawatts (GW) of nuclear power capacity over the next two decades, three times more than expected, at a cost of $62 billion, three sources said.
Iran's First Vice President has highlighted the strategic importance of the South Pars pressure boosting project, emphasizing its role in increasing production and creating jobs.
Iran’s minister of economy announced negotiations with the head of the OPEC Fund, along with an agreement to secure financing for Iranian contractors in international projects through the fund.