The Yellow Dragon’s Addiction to Iranian Oil / Billion-Dollar Savings for Chinese Refineries
Estimates by the Kepler Institute show that China purchased over 80% of Iran's exported oil in 2025, with daily imports averaging around 1.38 million barrels, equivalent to approximately 13% of China's total seaborne oil imports.
Member of the European Parliament: Trump is after Iran’s oil
Mantro stated at the European Parliament meeting with the EU's Foreign Policy Chief, Kajsa Kallas, that Trump is after Iran's oil.
Transfer of 12% of the country’s crude oil processing to the private and non-governmental sector
The investment and business manager of the National Iranian Oil Company said: With the implementation of rapid equipment projects for factory construction (skid-mounted) under the public-private partnership model, 12% of the country's crude oil processing is carried out by the private non-governmental sector.
Breaking News
Growth of Iranian petrochemical exports to Eurasia with participation in Russian exhibition
The National Petrochemical Industries Company announced: Iranian holdings and companies, with a concentrated presence in the Islamic Republic of Iran pavilion at the Moscow Ruplastica exhibition, are introducing their capabilities and paving the way for increased exports to Russia and Eurasia.
Developing solar energy is a serious solution to reduce imbalances
The Deputy Minister of Oil, warning about the intensification of energy imbalance and pressure drop in South Pars, considered the development of solar power plants and consumption optimization as a vital solution, and said: "The government's plan will go beyond the target of 12,000 MW of renewable energy."
The health of the administrative system; a serious priority for the oil industry
The head of the working group for improving the health of the administrative system and combating corruption in the oil industry, expressing the necessity of changes in regulatory mechanisms, stated that strengthening the health of the administrative system is one of the serious priorities of the oil industry.
The capacity of the country’s renewable power plants reached 3,100 MW.
The Deputy Director of Planning and Innovation of SATBA announced the realization of the installed capacity of renewable power plants to 3,100 MW in all types of renewable energy to date, and said: The installed capacity of renewable power plants at the beginning of October last year was 1,200 MW, in other words, from October last year to October this year, there has been an increase in capacity of approximately 107 percent, and the capacity has doubled within a year.
National gas cooperation and school renovation to reduce energy consumption
The National Iranian Gas Company and the School Renovation Organization signed a memorandum of understanding to replace high-efficiency heating systems and improve engine rooms; the main goal of this cooperation is to reduce energy consumption and optimally manage gas resources in the country's schools.
Daily injection of 850 million cubic meters of gas; schools are being equipped with smart engine rooms
Saeed Tavakoli announced at the signing ceremony of the National Gas and Education Memorandum of Understanding: 850 million cubic meters of gas will be injected into the network daily; the country's schools will become a model for optimizing energy consumption with high-efficiency and smart power plants.
Petrochemical companies were required to participate in the development of cultural and educational infrastructure
Hassan Abbaszadeh, at the Strategic Council of Petrochemicals in the Special Economic Zone, emphasized the need to pay attention to local communities and the participation of complexes in the development of cultural, educational, and medical infrastructure, and considered social responsibility to be the focus of the balanced development of the petrochemical industry.
Gas outage at Zagros Petrochemical; Stoppage of the second production unit and its impact on Mobin Energy
With the partial interruption of gas supply to Zagros Petrochemical Company, the company's second production unit was taken out of service on December 25, 2021, and its operations were suspended until the gas restrictions were lifted. At the same time, Mobin Energy, which provides utility services to the complex, announced that there had been a reduction in the consumption of some ancillary services, but this restriction will not have a significant impact on the company's EPS.
Annual production capacity of petrochemical projects reached 7 million tons
The Director of Assignment and Investor Services of the Petrochemical Special Economic Zone Organization announced 58 active projects in this zone and said: The annual production capacity of these projects reaches 7 million 96 thousand tons per year, which play an important role in the development of the country's petrochemical industry value chain.
Saving 1.7 billion cubic meters of gas in the petrochemical industry
The Director of Energy Consumption Optimization at the National Petrochemical Company announced that the petrochemical industry has succeeded in saving 1.7 billion cubic meters of natural gas in the past four years by implementing optimization projects, and said: "Achieving annual savings of more than 200 million cubic meters has also been targeted for this year."
