Category: Petroleum Culture
-
Developments of the Oil and Gas Sector in Iran within the Seventh Development Plan (Article)
Read in this article • The plan aims primarily to address the biggest economic problems facing the country • The Sixth Development Plan faced major challenges in the petroleum industry • The policies of the Seventh Development Plan do not provide a clear pattern of development and transformation in the oil and energy sector •…
-
Will the largest deal in the history of the Iranian oil industry with Russia become a binding agreement? (article)
Read in this article These agreements are expected to enhance Iran’s energy infrastructure and production capabilities Persistent technological limitations and hurdles make it difficult to implement these ambitions Memorandums of understanding between Iran and Russia provide a platform for improved cooperation in oil exploration and production It is believed that the partnership between Russia and…
-
The latest oil discovery in Türkiye strongly supports the energy sector (article)
Read in this article • The recent oil discovery is important for Turkey because of its heavy dependence on energy imports for many years • Expectations that this discovery will reduce Türkiye’s dependence on energy and increase its domestic oil production • Türkiye will no longer depend on foreign energy sources and will become an…
-
The diesel shortage crisis in Iran…causes and solutions (article)
Read in this article In recent years, the country’s domestic demand for diesel has grown rapidly Liquefied petroleum gas, fuel oil and gasoline accounted for about 74% of the total exports of petroleum products Over the past 5 years, Iran has exported gasoline and diesel, earning about $3 billion annually. The country’s crude oil production…
-
Crisis in the oil and gas sector in Iran within months (article)
Read in this article • Iran has traditionally relied on oil and gas to meet most of its energy needs • There is an increasing demand for renewable energy sources, such as solar energy and wind energy • Iran’s over-reliance on oil and gas exports is a major concern • The government needs to develop…
-
Does the Saudi-Iranian agreement support cooperation in the field of energy? (article)
Read in this article • Saudi Arabia plans to invest in Iran’s energy infrastructure • Iran relies heavily on oil and gas as a primary source of income • Investment in Iran can happen quickly when diplomatic relations between the two countries are normalized • Saudi Arabia does not wish to enter into a conflict…
-
The Gulf chemical industry between signs of regional recovery and global instability (Article)
With economists still predicting a slowdown and recession in some regions of the world, including the United States and Europe, the Middle East and North Africa region is one of the few regions in the world that is expected to witness moderate to strong growth. These prospects should enhance the confidence of regional investors and…
-
The alliance of Saudi Arabia and Russia prevents the price of oil from falling (article)
Read in this article • The energy crisis and the war in Ukraine led Europe to focus on diversifying energy sources • Oil prices in the global market have risen to a level not seen since 2008 • The increase in energy prices was the main factor for the rise in inflation rates in the…
-
Energy relations between China and Iran are not a win-win deal for the two countries (article)
Read in this article • Production from the Yadavaran field will start in the first half of 2023 • In recent years, Iran has signed long-term cooperation documents with China and Russia • On the first day of the Iranian President’s visit to China, the two sides signed 20 cooperation documents • The Iranian leadership…
-
Oil revenues and aid from Saudi Arabia and the Gulf states support developing countries (article)
From the rise of oil revenues in the 1970s until now, the Gulf states have provided massive financial aid to countries in economic distress in the Middle East and North Africa region and beyond. The Arab Gulf countries have emerged in the past five decades as one of the largest donors in the world, and…