China’s 13.6% dependence on Tehran’s oil

China’s 13.6% dependence on Tehran’s oil

According to data received from tanker trackers, China imported an average of 1.38 million barrels of oil per day from Iran in the first half of 2025, equivalent to more than 13.6 percent of the country's total oil imports.

Fear and flight of giant oil tankers from the Strait of Hormuz

Fear and flight of giant oil tankers from the Strait of Hormuz

Following the escalation of tensions between Iran and the United States, two super-heavy oil tankers named Coswisdom Lake and South Loyalty, each with a capacity to carry 2 million barrels of crude oil, changed their course near the Strait of Hormuz and retreated south.

Breaking News

Iran does not miss its share in Arash Square
oil minister:

Iran does not miss its share in Arash Square

Referring to the negotiations of the Ministry of Foreign Affairs regarding the development of the Arash field, the oil minister said: We expect to resolve the issues related to this field through negotiations with the Kuwaiti side. The Islamic Republic of Iran does not miss its share in Arash Square.
Jalil Sobhani, the father of Iran’s catalyst

Jalil Sobhani, the father of Iran’s catalyst

Jalil Sobhani was the manager of “Spec” company before the self-sufficiency mission in Catalyst; A company that supplies equipment for the country’s oil industry. He is a graduate of the University of Science and Technology and is from Shazand.

In the research and investigation of government petrochemicals, the type of discount to buyers, the way of contracting and supplying parts is clarified
The spokesperson of the Parliament's Energy Commission in an interview with "Energy Press":

In the research and investigation of government petrochemicals, the type of discount to buyers, the way of contracting and supplying parts is clarified

Mustafa Nakhai said: It should be determined what kind of discount is given to buyers, by what criteria, by whom, how is it determined and applied? Therefore, in the discussion of supplying the required parts and the contracts they carry out for part of their activities, they should be investigated.
In PDH/PP plans, we follow the path of methanol producers
The deputy official of the Petrochemical Employers' Association in an interview with "Energy Press":

In PDH/PP plans, we follow the path of methanol producers

Fariborz Karimai said: If we expand the PDH/PP designs and produce a large volume of these products, we will be at the top of the semi-raw product production line in a few years.