Bandar Imam becomes the giant of Iran’s petrochemical paper projects

Bandar Imam Petrochemical, the beating heart of the downstream chain of Iran's petrochemical industry, is currently facing a $1.4 billion project; a project that, in relation to the company's 8 trillion tomans profit, has raised serious questions about the economic logic, financing method, and the silence of Persian Gulf Holding.

harvesting more than 51% of Iran’s oil reserves; The necessity of acceleration in the development of increased technologies

The Director of Research and Technology of the National Iranian Oil Company, announcing that more than 51% of the country's recoverable oil reserves have been harvested, emphasized: the countries of the region have moved with increasing speed towards the use of new technologies for increased harvesting, and Iran is bound to accelerate the development and localization of these technologies in order to protect the remaining reserves and sustainable production.

A 25% increase in the limit of the contract between the Northern Drilling Company and Caspian Oil

Shamal Drilling Company, the exploratory drilling contractor in the Caspian Sea, announced an increase of 25% of the initial contract amount in some contract cases with the Caspian Oil Company.

Breaking News

The plan to collect gas from torches has started in Iran

Turabi, the business manager and executive of development plans of Lavan Oil Refinery Company, said: One of the plans of Lavan Refinery is to increase the fuel oil production capacity of this company by 12,000 barrels.

Behind the Afghanistan’s dam construction against Iran

The former ambassador of Iran in Afghanistan said: If water was sent to Iran a few days ago, it was because of the flood that they could not control and had to send it to Iran.

Oil exploration and drilling operations are increasing in Iran

The director of exploration of the National Iranian Oil Company said: Soon the number of drilling rigs for the exploration of the National Iranian Oil Company will reach 10, while in 2021 the number of rigs was only 2.

6% economic growth in Iran’s oil industry

The CEO of the Southern Oil Regions Company said: 13 projects of the 28 tank development plan are active and we hope that the contractors will work together with the government to advance the project.

5 methanol producers in Iran have announced their readiness to produce gasoline

The deputy oil minister said: I believe that the added value created from the products produced at the end of the methanol chain is more economical, but the closest way to prevent crude sales and methanol exports and to prevent gasoline imbalances in the country is to implement MTG plans.