Energy diplomacy at a standstill; send the masts to Arash Square
While the Arash gas field has become a new flashpoint for border tensions in the Persian Gulf, Iran continues to insist on the path of diplomacy, a path that has neither thwarted the claims of Kuwait and Saudi Arabia nor stopped the plundering of the country’s energy resources. Isn’t it time for Tehran to deploy drilling rigs and defend its national wealth instead of fruitless talks?
Fluctuations in Iranian oil prices over the past 5 years
The average price of Iranian heavy oil in 2024, based on statistics provided by the Organization of the Petroleum Exporting Countries (OPEC), was $79.71 per barrel.
Petrofarhang is ready to sell shares in Kian Petrochemical
With the aim of improving the composition of its investment portfolio, Petrofarhang Company has issued a call to identify applicants for the purchase of shares of Kian Petrochemical and invited investors to express their readiness to participate in the auction.
Breaking News
2 contracts for the manufacture of applied equipment for the drilling industry were signed
The National Iranian Drilling Company and two domestic knowledge-based manufacturing companies signed two contracts to manufacture equipment used in the drilling industry at the 29th International Oil, Gas, Refining and Petrochemical Exhibition.
The listing of Arvand Petrochemical shares on the stock exchange will increase market depth and gain shareholder trust
According to a capital market expert, the initial public offering of Arvand Petrochemical shares benefits the market from two perspectives: it will both improve the quality of the stock exchange and pave the way for investors to make profits.
Increasing electricity generation capacity in thermal power plants for the summer
The CEO of the Thermal Power Company announced a 4,000 megawatt increase in the electricity generation capacity of thermal power plants for this summer.
Time to transfer fuel quota to bank card
The CEO of the National Petroleum Products Distribution Company announced the beginning of the process of transferring fuel quotas from smart fuel cards to personal bank cards and said: "According to the 1404 budget law, this plan must be implemented by the end of July."
Persian Gulf Petrochemical Industries’ support for domestic investments and projects
Persian Gulf Petrochemical Industries Company and the Petroleum Industry Research and Technology Fund signed a cooperation agreement to support the company's investments, domestic manufacturing projects, and knowledge-based and research activities.
7 Memorandum of Understanding with the University of Petroleum Industry for scientific and research development
The Petroleum Industry University signed seven memorandums of understanding with the aim of scientific development, research, and enhancing the university's position in the oil industry.
Bandar Imam Petrochemical, the country’s largest petrochemical company, is ready to enter the capital market
In order to accelerate the process of accepting Bandar Imam Petrochemical's shares in the capital market, a joint meeting was held with the presence of the CEOs of Bandar Imam Petrochemical, Iran's Farabourse Company, and Modabaran Eqtesad Investment Company.
National Refining and Distribution Company electrifies Tehran’s engines
The National Iranian Petroleum Refining and Distribution Company, in the role of the grand coordinator, is set to sign a memorandum of understanding to modernize Tehran's motor courier fleet in cooperation with the Ministry of Transportation, banks, municipalities, and online transportation platforms.
A Memorandum of Understanding (MoU) was signed between the Iranian Polymer Research Institute and Jampilen Petrochemical Company
The Iranian Polymer Research Institute and Jampilen Petrochemical Company signed a memorandum of understanding with the aim of developing scientific and technological cooperation.
Tripartite Memorandum of Understanding between the National Southern Oilfields Company, the MAPNA Group Consortium, and Ghadir Electricity and Energy Holding
The purpose of this memorandum is to study and develop new flue gas injection methods to increase recovery from the Paranj oil field in Khuzestan.
