This article will be expanded soon.
This article will be expanded soon.
This article will be expanded with more detailed information shortly.
This article will be expanded with more detailed information shortly.
This article will be expanded with more detailed information shortly.
This article will be expanded with more detailed information shortly.
This article will be expanded with more detailed information shortly. This article will be expanded with more detailed information shortly. This article will be expanded with more detailed information shortly.
Iran has restarted exploratory drilling in the shallow Caspian Sea, marking a significant advancement in its oil and gas sector. Initiated on May 9, 2025, during the 29th International Oil, Gas, Refining & Petrochemical Exhibition, the drilling targets a depth of 5,077 meters, the first such activity since 1997. The Iranian Oil Ministry plans to resume deep-water drilling following repairs to the Iran-Amir Kabir platform. This initiative aims to assess the Roudsar structure’s reservoir potential, which could boost Iran’s oil production, create jobs, attract foreign investment, and spur technological advancements in the industry.
This article will be expanded soon. This article will be expanded soon. This article will be expanded soon. This article will be expanded soon. This article will be expanded soon. This article will be expanded soon. This article will be expanded with more detailed information shortly. This article will be expanded with more detailed information…
Azerbaijan’s Deputy Prime Minister Shahin Mustafayev met Iranian Minister Farzaneh Sadegh in Baku to discuss enhancing bilateral cooperation. Key topics included transport-transit cooperation, particularly the Aghband-Kalaleh road bridge, and energy collaboration aimed at optimizing resources. They emphasized improving customs and border infrastructure to facilitate trade and reviewed the North-South International Transport Corridor, which saw an 8.3% freight increase in 2025. The meeting highlighted the importance of a trilateral Azerbaijan-Iran-Russia partnership in boosting regional connectivity. Both nations are committed to advancing their strategic relationship, focusing on infrastructure and economic growth.
The National Iranian Oil Company (NIOC) announced a record daily extraction of 716 million cubic meters from the South Pars gas field on February 13, 2024. This milestone highlights NIOC’s commitment to maximizing the potential of one of the world’s largest gas fields, crucial for Iran’s energy sector and economy. The achievement reflects advanced extraction technologies and emphasizes South Pars’ strategic importance for domestic energy needs and exports. As NIOC aims to increase production and address challenges like international sanctions, its efforts are vital for Iran’s energy security and economic stability, positioning the country as a key player in the global energy market.
Iran is experiencing a severe water crisis, impacting 44 major dams and causing rolling blackouts in Tehran. Water inflow to reservoirs has decreased by 37% compared to last year, leading to an 18% decline in total volume and critical dam levels. Climate change, agricultural mismanagement, and lack of investment are exacerbating the situation. The Energy Minister noted a significant drop in renewable water resources and warned that urban population growth is intensifying pressure on supplies. Officials are urging citizens to conserve water, as consumption surged due to heat, while punitive measures may follow heavy usage. Collective action is deemed essential to address the crisis.