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

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.

Which petrochemicals are going to overhaul in June?

The management of development of downstream industries of National Petrochemical Company has published the names of seven petrochemical companies that are going to overhaul.

100 solar systems have been installed in Iranian schools

Deputy Minister of Energy said: So far, 100 schools in the whole country have installed solar systems, and we hope they will continue to develop.

Significant growth of electricity transactions in the Iran Energy Exchange

The CEO of Tovanir Company said: The trading volume of electricity distribution companies had a stormy start in the second week and reached $1,140,000 with a significant growth compared to the first week of trading.

Pakistan wants Iranian gas

The recent visit of the President of Iran to Pakistan focused on the large gas pipeline contract between the two neighboring countries, which has been delayed due to various reasons.

The electricity bills of heavy consumers in Iran will increase 24 times

The general manager of energy and customer affairs of Tavanir company associated the use of air conditioners in normal areas with a 3-fold increase in consumption and a 24-fold increase in household electricity bills.

China; The main winner of Iran and Russia oil sanctions

By bypassing the western financial system and shipping services, China has created a way to import Iranian oil. Independent Chinese refineries buy 90% of Iran's total oil exports. This strategy allows China to avoid having its major international banks placed on the US financial sanctions list.

But and if Iran’s gas transfer to India

The former managing director of Iran's National Gas Export Company said: In order to implement the gas pipeline to India, considering that we have to pass through the deep ocean routes; There are very few ships that can operate these pipelines on the seabed, and the embargo is a major obstacle to using their services.

International Monetary Fund’s report on the oil growth of Iran’s economy

The International Monetary Fund announced a 15% growth in the oil sector of Iran's economy last year and predicted that Iran's available foreign exchange reserves will reach 31.3 billion dollars in 2024 with an increase of about 6 billion dollars compared to the previous year.