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

Fajr Energy is the first rank of safety of Persian Gulf Holdings

Fajr Gulf Energy Company won the first place in the field of safety and the third place in HSE among the subsidiaries of the Persian Gulf Petrochemical Industries Group.

Turning the energy industry towards the development of clean hydrogen energy

Climate changes and oil and gas crises have caused many countries to invest in hydrogen and consider it as a serious alternative to fossil fuels.

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.