Getting to know Iran’s petrochemical companies; this is Kimia Pars Middle East

Kimia Pars Middle East Company, one of the important players in Iran's petrochemical industry, has achieved an influential position in recent years in the fields of foreign exchange earning, sustainable production, and development of global markets, relying on methanol production and 100% export of its products.

South Pars reaches operational self-sufficiency

South Pars announced that it will meet the majority of its operational needs by relying on domestic capacity and cooperation with knowledge-based companies; a path that has brought the complex to the threshold of industrial independence by localizing more than 15,000 components and creating a smart supply chain.

China’s oil imports from Iran increase after new quotas issued

China's independent refiners have increased their intake of Iranian crude oil after Beijing issued a new round of import quotas late last month.

Breaking News

Chairman of the Economic Working Group of the Office of the Supreme Leader:

Oil should not be delayed by the budget

The head of the Economic Working Group of the Office of the Supreme Leader said: Oil should not be delayed in the budget. The position of oil is clear and we must give independence to oil.

Hossein Zadeh, a member of the Parliament's Energy Commission, in an interview with "Energy Press":

The Ministry of Foreign Affairs is looking for peaceful negotiations regarding the “Arash” gas field

A member of the Parliament's Energy Commission said: First, the "border" political debate about this gas field should be determined by the diplomacy apparatus through negotiations, then we should seek to develop it regarding territorial waters.

The Israeli hacker group took charge of the cyber attack on Iran’s fuel stations

The Israeli hacking group announced that it had carried out a cyber attack and disabled Iran's fuel stations.

Announcement of the guaranteed electricity purchase rate of solar power plants

The Ministry of Energy announced the guaranteed electricity purchase rate for solar power plants with the aim of maximizing the benefits of electricity production from renewable sources.

The series of successive fires continues;

For mini-refineries, safety does not mean anything

Last year, mini-refineries were the hot topic of oil news with the issue of feed rent, but this year, mini-refineries returned to the top of the news with successive fires.

Minister of Economy and Finance:

Budget Bill 1403 is more realistic

The Minister of Economy and Finance said: The budget bill of 1403 is more realistic compared to the budget bill of 1402, and by the way, oil revenues have been seen more realistically in this bill.

Which cars’ gasoline subsidies will be cut off in Iran?

The head of the transportation fuel management headquarters said: the fuel quota of the fleet that does not have third-party insurance will be cut off after notification and if the insurance is not renewed.

The CEO of Hengam Petrochemical in an interview with "Energy Press":

Ammonia unit has reached 100% production capacity

The CEO of Hengam Petrochemicals said: Currently, the ammonia unit of Hengam Petrochemicals has reached 100% nominal capacity with a daily production of 20,000 tons. The company's urea unit will also be put into operation next year according to the schedule.

Member of the Parliament's Energy Commission in an interview with "Energy Press":

The government should save 1,280,000 barrels of fuel per day

The parliament has obliged the government to save 1 million 280 thousand barrels per day in optimizing fuel consumption.

2 billion dollar debt of the electricity industry

The Minister of Energy said: Today, the electricity industry of the country has a debt of about 2 billion dollars based on annual debts, which must be settled.