Meet Hengam Petrochemical, Iran’s newest urea producer
Located in the heart of the South Pars energy region, Hengem Petrochemical has not only become one of the largest producers of ammonia and urea in the country, but also, with the completion of its new phases, is ready to play a more important role in Iran's food security and foreign exchange earnings.
The dark fleet of Iran, Russia and Venezuela has reached nearly 1,000 ships
Bloomberg reported in a new report that nearly 978 tankers are operating in the so-called “dark fleet,” a network that supports oil exports from Iran, Venezuela and Russia and accounts for about 19 percent of the global fleet. The data comes as a large tanker was seized near Venezuela, which was previously under U.S. sanctions for its involvement in transporting Iranian oil.
Getting to know Iran’s petrochemical companies; this is Kimia Pars Middle East
Kimia Pars Middle East Company, one of the important players in Iran's petrochemical industry, has achieved an influential position in recent years in the fields of foreign exchange earning, sustainable production, and development of global markets, relying on methanol production and 100% export of its products.
Breaking News
Article 90 Commission visits the Oil Monitoring Center to examine industry challenges
The head of the Article 90 Commission of the Islamic Consultative Assembly said: "Visiting the National Iranian Oil Company's monitoring center is a good opportunity for us to closely examine the issues and problems in the oil industry and take action to resolve them through the budget bill and other legal tools."
Announcement of the Ministry of Oil’s Technology Development Roadmap; Complementing the Comprehensive Research and Innovation System
The Director General of Research and Technology of the Ministry of Oil announced the official announcement of the "Roadmap for the Development of Technology of the Ministry of Oil" and said: "This action is a decisive step in completing and implementing a comprehensive system of research, technology, and commercialization of the oil industry."
Implementing a new governance system in the National Gas Company, relying on the power of knowledge-based companies
The Director of Research and Technology of the National Iranian Gas Company announced the implementation of a new governance system in this company by utilizing the capabilities of knowledge-based companies and meeting the strategic needs of this industry.
Deputy Oil Minister: Full preparation to get through winter with new gas consumption pattern
Saeed Tavakoli, CEO of the National Iranian Gas Company, announced at the third winter fuel coordination meeting that plans to save and replace inefficient heaters have entered the implementation phase, and the new pattern of domestic gas consumption with a justice-oriented approach will pave the way for reducing consumption and supporting low-income groups.
Iran and Türkiye on the verge of extending gas contract; negotiations continue until 2026
Saeed Tavakoli, CEO of the National Iranian Gas Company, announced that the extension of the gas export contract to Turkey is certain, emphasizing that this issue is one of the main priorities in energy negotiations. He expressed hope that the new contract will be finalized by 2026.
$600 million in annual revenue from flare gas collection
The Ministry of Oil announced that by implementing 12 new flare gas collection contracts, in addition to reducing pollution and saving national resources, 180 million cubic feet of light gas per day will be added to the production cycle. This measure is part of the country's energy consumption optimization program and addressing the country's energy imbalance.
MPs: Oil Ministry’s performance in collecting flare gases went beyond development plan
A number of members of the Islamic Consultative Assembly positively evaluated the performance of the Ministry of Oil in controlling flare gases and stated: "The 14th government has taken effective measures to reduce the waste of this national capital."
The fourth row of compressors at Azar Field has entered service
The executive of the Azar Oil Field Development Plan said: "With the announcement of the readiness of the Cheshmeh Khosh Gas and Liquefied Gas Plant (NGL 3100) to receive high-pressure gas from early November, the Azar Oil Field Development Plan has taken an important step towards the sustainable and optimal exploitation of associated gases, and the fourth-tier compressors for boosting the pressure of this field have entered the operation circuit."
Electric heating, the key to freeing Iran from deadly dependence on domestic gas
Energy expert Hossein Mirafazli believes that the way out of the gas consumption crisis is to reduce dependence on gas and expand the use of electricity in home heating; a model that many developed countries in the world have adopted for years.
An increase of 6.7 million cubic meters of gas delivered to the network
The Minister of Oil said: "The amount of gas delivered to the network has increased by about 6.7 million cubic meters per day, and oil and gas reserves in power plants have also increased by 130 percent. In light of these efforts, we are entering the cold season this year with very favorable conditions."
