Get to know the Persian Gulf Star Refinery, the largest gasoline producer in Iran
The Persian Gulf Star Refinery, Iran's largest gasoline producer and the world's largest gas condensate refinery, plays an unparalleled role in Iran's energy supply by producing more than 45 percent of the country's fuel portfolio.
Iran’s oil discount to China reaches its highest level in a year
As a new wave of sanctions from the United States, Britain and the European Union target sales of Russian and Iranian oil, trade sources told Reuters that discounts on Iranian oil for Chinese customers have reached their widest in more than a year, reaching as much as $10. Reduced oil import quotas for independent Chinese refiners have also added to the pressure.
Arak Machine Manufacturing Board Resigns Over Petrochemical Project
This resignation is related to a project called Hirsa Polymer Sahand Petrochemical, which has serious uncertainties about how it will be handed over to a second-hand contractor.
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Member of Parliament: The shares of oil projects will be offered on the Iranian stock exchange
A member of the Energy Commission of the Chamber of Commerce said: If we allow people to buy crude oil or invest in oil projects.
The Iranian parliament has given the government the authority to increase the price of gasoline
Ahmad Alireza Begi believes that the government wants to increase the price of gasoline, but it does not take this risk due to the lack of necessary social capital and the closeness of the presidential elections.
3,250,000 barrels of daily Iranian oil production
The US Energy Information Administration announced an increase of 630,000 barrels of daily Iranian oil production over the past year and 3,250,000 barrels of oil production in the third month of 2024.
Aryasasol Petrochemical 2024 General Assembly/ 34% increase in profitability, the gift of Aryasasol Board of Directors to shareholders
In the general meeting, Ariasasol announced a 34% increase in the company's profitability in 2023 and emphasized the continued growth of profitability in the coming years due to the use of new production lines.
Iran’s oil market has not been affected
The head of the Program and Budget Organization said: "The enemy tried very hard to restrict the oil market for Iran, of course, they increased their efforts and we saw that the oil export embargo was ineffective, and today we do not have oil on ships and water, and the buyer is clear."
The complaint file of Tavanir Iran goes from Ghent, Türkiye to Switzerland
The director of Tawanir's foreign trade office said: Despite all the measures taken, including the negotiations between Tawanir and the Turkish company Ghent and diplomatic efforts from various channels, the demands for electricity exports to this country have not yet been received.
4 million fuel cards were issued in Iran last year
The manager of the smart fuel system said: Since the beginning of this year, 105,000 applications for receiving fuel cards have been registered, and all these statistics are in the production process.
The naphtha feed of Iran’s petrochemicals was spent on gasoline
The secretary of the Iranian Petrochemical Employers Association said: Many industries are complaining about why the propylene market is so chaotic; The problem is that due to the lack of naphtha, the production and supply of propylene and polypropylene has decreased.
Cooperation between Iran and Sri Lanka in the huge water project
In May of this year, Iran will inaugurate the multipurpose project "Omavia" in Sri Lanka with the presence of the presidents of the two countries.
How does Iran’s military response to Israel affect the oil market?
An energy expert said: If the strait of Hormuz is closed, it will increase the price of oil, so that the blocking of this route, even if it is for a few days, will increase the price of oil by 30-40%.
