Introduction to Tabriz Refinery; the refining hub of northwest Iran

Tabriz Oil Refinery, one of the most important refining centers in Iran, plays a key role in supplying the liquid fuel needed by northwest Iran by providing about 7 percent of the country's crude oil refining capacity.

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.

Breaking News

The Iran LNG project is secured by 1.4 billion dollars in financing

The Chairman of the Board of Directors of the Oil Industry Pension Fund said: The way of financing the Iran LNG project will be through finance and the required amount will be around 1.4 billion dollars.

Providing attractive rates for the sale of electricity from Iran’s power plants in the energy exchange

The Minister of Energy said: Power plants all over the country can sell their produced electricity to subscribers at attractive rates on the energy exchange.

Gasoline should not be rationed except in cases of war

A member of the Energy Commission of the Iranian Parliament said: Maybe someone does not want to own a car or does not have a license or prefers to use a public vehicle, so there is no need to allocate fuel to people.

Spokesperson of Iran's Ministry of Foreign Affairs:

Kuwait’s claims about Arash Square are unfortunate

In response to the repetition of Kuwait's unilateral claim about Arash Square in the final statement of the Emir of Kuwait's visit to Egypt, the spokesperson of the Ministry of Foreign Affairs rejected this claim and added that the repetition of these unilateral and baseless claims by the Kuwaiti side is regrettable.

Will this summer’s power outage in Iran lead to a blackout?

The CEO of Tavanir Company said: "At the beginning of the government, the demand figure was about 14,000 megawatts. The forecast is that this year we will reach about 10,000 to 11,000 megawatts with the measures that are being taken."

Babak Zanjani’s execution sentence was overturned

The judiciary announced the violation of Babak Zanjani's execution sentence.

The fuel card of which cars will be removed?

In a letter to the Minister of Roads and Urban Development, the Minister of Economy requested not to allocate fuel quota to gasoline cars and motorcycles without third-party insurance policies with more seriousness and force.

Drilling 8 new wells in southern Iran

Iran's National Drilling Company drilled eight oil wells in the operational area of the southern oil-rich areas in April this year.

Iran’s potential in extracting cryptocurrency from flare gas

Using flare gas in Iran to produce cryptocurrency, on the one hand, prevents the wastage of national capital, and on the other hand, helps to circumvent sanctions

The plan to supply feed to Iran’s petrochemicals from Karun’s torch gases

The CEO of the National Petrochemical Industry Company said: All the burners in East Karun will be collected by the Bidbland Refinery in the Persian Gulf this year and next year.