Real-time monitoring of the supply chain and distribution of petroleum products is implemented

Real-time monitoring of the supply chain and distribution of petroleum products is implemented

The CEO of the National Iranian Oil Engineering and Construction Company announced the implementation of the "Real-time Monitoring of the Supply Chain and Distribution of Petroleum Products" project and said: "By equipping the supply chain with metering and monitoring systems, online and accurate information from each stage will be transferred to the monitoring center, and this information will be utilized in identifying problems, predicting needs, and better managing resources."
Will $87 billion in lost rig money be returned to Iran?

Will $87 billion in lost rig money be returned to Iran?

It might not be wrong to claim that the 1990s were one of the most corrupt decades in Iran's oil history. The decade in which the massive Petrochemicalgate corruption scandal was revealed was close to the same years in which the issue of missing oil rigs became a subject of black satire.
Gas outage reduces petrochemical exports by $1.3 billion

Gas outage reduces petrochemical exports by $1.3 billion

Referring to the gas outages of some petrochemical companies, the Secretary General of the National Petrochemical Industries Employers Association said: "Unfortunately, this issue has put pressure on production and we predict that our exports will decrease by at least $1 to $1.3 billion compared to last year." Recently, the CEO of the National Petrochemical Company announced that the Central Bank has allowed 50 percent of the foreign exchange earned from the export of petrochemical products to be invested in the petrochemical companies themselves.