Getting to know Iran’s petrochemical holdings; this is Parsian Oil and Gas

Parsian Oil and Gas Petrochemical Holding is one of the major players in the country's petrochemical industry, which, with about 20 percent of Iran's production capacity and complexes such as Pardis and Zagros, has earned the title of the country's largest urea producer and one of the most important methanol producers in the Middle East.

$700 million in gasoline savings by expanding ridesharing

Hossein Mirafazli, an energy expert, says: If only 10 percent of intracity trips are shared, about two million liters of gasoline will be saved daily, which is equivalent to more than $700 million in annual savings for the Iranian economy.

Getting to know Iran’s petrochemical holdings; this is Petroculture’s episode

Petrofarhang Holding, the economic arm of the Farhangian Reserve Fund, has been able to consolidate its position as one of the main players in Iran's petrochemical industry in recent years, focusing on methanol production and developing petrochemical projects, and has emerged from losses with significant growth in production and profitability.

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Declining Chinese oil imports in September; Shopping from Iran at the lowest level of the year

Despite the annual increase in China's crude oil imports in September, the country's imports declined compared to August, reaching the lowest level from the beginning of the year. At the same time, imports from Iran have also fallen to the lowest level since January.

92% progress in South Pars platform overhaul; complete preparation for winter 2025

The 2025 overhaul of the South Pars Joint Field gas platforms is in its final stages with more than 90 percent progress. This operation began at the beginning of the year with the aim of increasing production stability, improving safety, and preparing for the cold season, and is now being completed with the round-the-clock efforts of Pars Oil and Gas Company employees.

Record sweet gas production at South Pars Refinery 8

The manager of the eighth refinery of the South Pars Gas Complex said: "The eighth refinery of the South Pars Gas Complex, relying on modern technologies and using 100 percent domestic products, has been able to produce more than 6 billion cubic meters of sweetened gas in the first half of this year and transfer it to the national pipeline."

Energy diplomacy is the key to preserving the Turkish gas market for Iran

Hassan Moradi, an energy expert, believes that the end of Iran's gas export contract to Turkey in 2026 could have economic and security consequences for the country. He emphasizes that Iran must use energy diplomacy and a smart approach to persuade Turkey to extend gas cooperation.

Petrochemical development is not possible without indigenous technology; smart support for knowledge-based industries is essential

The Director of Research, Technology, and Domestic Manufacturing at the National Petrochemical Industries Company emphasized the need for intelligent support for knowledge-based companies, the development of indigenous technologies, and the creation of a sustainable chain in the petrochemical industry in order to realize Iran's share in regional and global markets.

Nikbin: Transferring the National Oil Company to the private sector is contrary to national interests

A member of the Islamic Consultative Assembly's Program, Budget, and Accounting Commission stated: "All state-owned companies and mines should be transferred to the private sector because most of these complexes are loss-making, but oil, like natural resources, is a national issue and is among the assets that should not be transferred to the private sector."

Aghajari Oil Company reached maximum oil production capacity

The CEO of the National Southern Oilfields Company announced: "Aghajari Company has reached its maximum oil production capacity despite the limitations."

5 important points about the oil and gas discovered in the Pazen field

A few days ago, the Minister of Oil announced that two new layers of oil and gas were discovered during the drilling of the second well of the Pazan field, located on the border of the three provinces of Bushehr, Fars, and Kohgiluyeh-Bovir Ahmad. This news contains 5 basic points.

China becomes self-sufficient in propylene production with Iranian methanol

Iran exports millions of tons of methanol to China annually at a meager profit, while the country has created hundreds of times more value added by converting the same methanol into propylene, the “petrochemical caviar,” and has achieved 96 percent self-sufficiency in propylene production. An opportunity that Iran could have used to complete its petrochemical value chain by investing in domestic MTP units and move from selling crude to creating sustainable wealth.