Currency price differences have increased demand for petrochemical product exports

The Secretary General of the Iranian Petrochemical Industry Employers' Association emphasized the necessity of completing the value chain in the petrochemical industry at the opening ceremony of the 19th Iran Plast Exhibition.

Shazand under the microscope: From the halt to gasoline exports to Afghanistan to the legacy of bus hires

In an interview with this media outlet, the CEO of Shazand Petrochemical Company described the company's most important recent challenge as the cessation of gasoline exports to Afghanistan, saying that as the country's standards became stricter, the export of 80-octane gasoline, which previously constituted an important part of Shazand's income, has been halted.

Polymers have replaced steel and wood in engineering industries

At the opening ceremony of the 19th Iran Plast, the CEO of the National Petrochemical Industries Company pointed out the status and importance of the petrochemical and polymer industries and said: Petrochemical products, especially polymers, play a key role in various industries and have a pervasive presence in our daily lives.

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What is Bu Ali Sina Petrochemical’s strategy to continue making profits?

While Bu Ali Sina Petrochemical Company managed to produce beyond its nominal capacity in 1403, Mohammad Ahmadzadeh, the company's CEO, announced the company's plans to surpass this record, increase the share of foreign exchange sales, and focus on producing high value-added products. Bu Ali's strategy is a combination of infrastructure development, export portfolio diversification, and agility in feedstock supply.

Energy diplomacy at a standstill; send the masts to Arash Square

While the Arash gas field has become a new flashpoint for border tensions in the Persian Gulf, Iran continues to insist on the path of diplomacy, a path that has neither thwarted the claims of Kuwait and Saudi Arabia nor stopped the plundering of the country’s energy resources. Isn’t it time for Tehran to deploy drilling rigs and defend its national wealth instead of fruitless talks?

Karaj Hydroelectric Power Plant Electricity Production Stops

The director of the Karaj Dam said: "Although the Karaj Dam hydroelectric power plant is currently operating, it is likely that within the next two weeks the water level will reach a level that will no longer allow electricity generation from this power plant."

Fluctuations in Iranian oil prices over the past 5 years

The average price of Iranian heavy oil in 2024, based on statistics provided by the Organization of the Petroleum Exporting Countries (OPEC), was $79.71 per barrel.

Construction of 56-inch line begins to strengthen the central gas corridor

The construction of a 56-inch gas pipeline from Pol-e-Kale to Tiran to strengthen Iran's central gas transmission corridor has begun.

Iran’s oil revenues exceeded $46 billion last year

OPEC figures show that Iran's revenue from oil exports will exceed $46 billion in 2024 by more than $5.6 billion (an increase of 14%).

A comprehensive system for domestic oil industry contracts was launched

The legal director of the National Iranian Oil Company announced the launch of a "comprehensive system for domestic contracts" and said: "This system covers the contract process from beginning to end and is a major step towards agility, mechanization, and reducing human errors in the legal field of the oil industry."

Petrofarhang is ready to sell shares in Kian Petrochemical

With the aim of improving the composition of its investment portfolio, Petrofarhang Company has issued a call to identify applicants for the purchase of shares of Kian Petrochemical and invited investors to express their readiness to participate in the auction.

Getting to know Iran’s petrochemical companies; this part is Kermanshah

Kermanshah Petrochemical Complex, one of the key centers for chemical fertilizer production in western Iran, plays a prominent role in the province's industrial and economic development with the aim of meeting the region's agricultural needs and reducing dependence on urea imports. The complex, benefiting from its rich natural gas resources and specialized human resources, has become one of the pillars of Iran's petrochemical industry.

The critical water tariff has been canceled for now

The Ministry of Energy's new plan to implement a crisis water tariff by charging the cost of supplying water from consumers above the model was not approved by the Cabinet for approval and notification and has been canceled for now.