Sabalan Petrochemical Production Capacity Reduced Due to Gas and Oxygen Shortage
The CEO of Sabalan Petrochemical Company announced a reduction in the company's production capacity due to a shortage of oxygen, water, and gas.
Will Chinese buyers of Iranian oil suffer losses if sanctions are lifted?
The possible lifting of US sanctions on Iranian oil exports could deal a severe blow to Chinese refineries that have thrived on refining discounted Iranian oil.
Olefin petrochemicals suffer the fate of Iranian methanol producers
Experts warn that a decline in ethane production in the coming years could cripple the country's ethylene chain and the bitter tragedy of methanol producers could now be repeated for olefins; they see the way out as the construction of MTO units and an end to the sale of methanol as crude.
Persian Gulf Holding announces readiness to cooperate with Uzbekistan in the field of petrochemicals
The CEO of the Persian Gulf Petrochemical Industries Company announced his readiness to develop a roadmap for cooperation between Iran and Uzbekistan in the field of petrochemicals, and emphasized the need to develop bilateral cooperation, joint investments, and the exchange of petrochemical products and feedstock.
Zagros Petrochemical seeks sustainable feedstock supply: Methane gas extraction from Salman platform flares
The CEO of Zagros Petrochemical Company announced the daily extraction of four million normal cubic meters of methane gas from the Salman platform if its flare gas is separated. This measure is a positive step towards reducing energy imbalance and reducing environmental pollutants.
The story of a billion dollars of Iranian LPG that went up in smoke
While the CEO of the National Oil Company speaks of a shortage of LPG for export, the company's official statistics show that more than a billion dollars of this valuable gas has been burned in flares due to mismanagement.
The listing of Arvand Petrochemical shares on the stock exchange will increase market depth and gain shareholder trust
According to a capital market expert, the initial public offering of Arvand Petrochemical shares benefits the market from two perspectives: it will both improve the quality of the stock exchange and pave the way for investors to make profits.
Bandar Imam Petrochemical, the country’s largest petrochemical company, is ready to enter the capital market
In order to accelerate the process of accepting Bandar Imam Petrochemical's shares in the capital market, a joint meeting was held with the presence of the CEOs of Bandar Imam Petrochemical, Iran's Farabourse Company, and Modabaran Eqtesad Investment Company.
National Refining and Distribution Company electrifies Tehran’s engines
The National Iranian Petroleum Refining and Distribution Company, in the role of the grand coordinator, is set to sign a memorandum of understanding to modernize Tehran's motor courier fleet in cooperation with the Ministry of Transportation, banks, municipalities, and online transportation platforms.
Increasing gasoline production to 120 million liters per day
The head of the country's Oil Refining Association said: Iran's gasoline production increased from 107 million liters per day to 120 million liters per day in May.