Iranian Gas Transmission Company CEO reported a 40 million cubic meter increase in gas transmission across the country, reaching 872 million cubic meters on Tuesday.
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The CEO of the National Iranian Petrochemical Company emphasized the importance of utilizing all available capacities in the country to develop and diversify export markets with the goal of expanding exports.
Global Crude Oil Price Today January 8, 2025
The price of a barrel of Brent North Sea crude rose by 29 cents, or 0.38 percent, to $77.34 a barrel today. US West Texas Intermediate crude also rose by 38 cents, or 0.51 percent, to $74.63 a barrel.
World crude oil prices today, January 7, 2025
The price per barrel of North Sea Brent oil fell 7 cents to $ 76, 23 cents today. U.S. West Texas Intermediate oil is also trading at 12 cents, down 0.16 per cent at $ 73, 44 cents.
Canadian oil and gas company Suncor said on Monday it saw higher upstream production and throughput at its refineries in the fourth quarter.
India has issued a tender to private companies to build and operate a new storage site for the Strategic Petroleum Reserve of the world's third-largest crude oil importer.
The average daily delivery of liquid fuel to power plants in the first 15 days of Dey, the tenth month of the Iranian calendar year, increased by 25%.
The CEO of Arvandan Oil and Gas Company announced a 2,000-barrel increase in oil production from the South Azadegan joint field.
The National Iranian Oil Company (NIOC) has announced its official crude oil prices for January 2025, IRNA reported.
The National Iranian Gas Company reported a 20% increase in gas consumption in residential, commercial, and small-scale industrial sectors compared to the same day last year.
The First Vice President of Iran, Mohammadreza Aref, chaired the High Council for Strategic Development, which convened to discuss housing development and energy imbalance mitigation programs in the gas sector.
Oil Minister Mohsen Paknejad emphasized the urgency of the South Pars pressure boost project, stating it is “more needed than daily bread” for Iran.
Iran's deputy energy minister has announced that renewable electricity generation capacity will reach 4,800 MW by March 20, 2025.
The Iranian oil minister announced that creating a secure and transparent environment for investors is a priority of the Oil Ministry.
The first private sector oil dock in the South Pars region has successfully entered operational service after completing its first fueling operation.
Petropars Group's CEO reported a surge in gas production from Phase 11 of South Pars (Well No. 12) following acidizing operations, citing unity and collaboration within the group.
The President of Iran has ordered the establishment of the Organization for Strategic Energy Optimization and Management to address the energy imbalance in the gas sector.
India's crude oil import from Russia decreased by 13.2% in December, but remained the largest supplier, accounting for 31% of India's total crude oil imports.
Bushehr Petrochemical Company produced 3 million tons of petrochemical products and 547 million cubic meters of utility services in the first nine months of 2024.
The National Iranian Petrochemical Company (NPC) and Zagros Petrochemical Company signed a memorandum of understanding to exploit Zagros petrochemical resources in support of a campaign aimed at reducing domestic and commercial gas and electricity consumption by 10 percent.