Currency price differences have increased demand for petrochemical product exports

The Secretary General of the Iranian Petrochemical Industry Employers' Association emphasized the necessity of completing the value chain in the petrochemical industry at the opening ceremony of the 19th Iran Plast Exhibition.

Shazand under the microscope: From the halt to gasoline exports to Afghanistan to the legacy of bus hires

In an interview with this media outlet, the CEO of Shazand Petrochemical Company described the company's most important recent challenge as the cessation of gasoline exports to Afghanistan, saying that as the country's standards became stricter, the export of 80-octane gasoline, which previously constituted an important part of Shazand's income, has been halted.

Polymers have replaced steel and wood in engineering industries

At the opening ceremony of the 19th Iran Plast, the CEO of the National Petrochemical Industries Company pointed out the status and importance of the petrochemical and polymer industries and said: Petrochemical products, especially polymers, play a key role in various industries and have a pervasive presence in our daily lives.

Breaking News

If the Strait of Hormuz is closed, where will the oil pass? Petroline, Fujairah, or Ceyhan?

The Strait of Hormuz, a vital artery for global energy exports, remains an irreplaceable bottleneck. Any disruption to the flow of oil through this route would alter the geopolitical equations of energy; despite efforts by countries to design alternative routes, none are able to cover the crisis.

3 Phase of Pardis Petrochemical Project Decommissioned

Following the recent attacks by the Zionist regime and the emergence of emergency conditions in the region, Pardis Petrochemical Company suspended the production of three operational phases of ammonia and urea in order to protect the safety of personnel and reduce possible losses. This suspension was officially announced in a company announcement, and its financial effects are being reviewed.

Tehran Governor: 100-year record of gasoline consumption in Tehran has been broken!

The governor of Tehran announced that the 100-year record for gasoline consumption in Tehran has been broken.

Increase in the country’s gas capacity by 220 million cubic meters

An official said: "With an investment of $8 billion in 202 gas fields, the country's gas capacity will increase to 220 million cubic meters and the problems of gas shortages in the winter season will be resolved."

Iran’s oil exports increased to 2.2 million barrels

Tracking agency Kpler reported that Iran's oil exports reached 2.2 million barrels per day.

China’s 13.6% dependence on Tehran’s oil

According to data received from tanker trackers, China imported an average of 1.38 million barrels of oil per day from Iran in the first half of 2025, equivalent to more than 13.6 percent of the country's total oil imports.

Global oil shock with closing the Strait of Hormuz; no one will be immune

A Russian official warned about the closure of the Strait of Hormuz that no one will be immune from this action.

Free fuel at 500 CNG stations

This project has been launched in cooperation with the National Petroleum Products Distribution Company in provinces such as Isfahan, Zanjan and Qazvin, and the number of participating stations is expected to increase in the coming days.

Fear and flight of giant oil tankers from the Strait of Hormuz

Following the escalation of tensions between Iran and the United States, two super-heavy oil tankers named Coswisdom Lake and South Loyalty, each with a capacity to carry 2 million barrels of crude oil, changed their course near the Strait of Hormuz and retreated south.

Threat of closing the Strait of Hormuz; The world awaits Iran’s response, oil on the verge of a jump

The US attack on Iran's nuclear facilities and official participation in the Israeli operation is the largest military action by the West against Tehran since the 1979 revolution. Despite the renewed missile barrage by Iran on Israel, there has been no decisive response to the United States yet. However, the initial positive vote by the Iranian parliament to close the Strait of Hormuz has sounded the alarm bell for the global oil market.

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