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
Management of Masjed Suleiman Oil Field Development Plan Changed
With the official transfer of management of the Masjed Suleiman Oil Field Development Plan to the Petroleum Engineering and Development Company, preliminary technical and operational activities to enhance production from this historic field began.
Carrying out microtunneling operations in the passage of the Ahvaz-Kuhdasht gas pipeline
The head of the Iranian Gas Engineering and Development Company said: For the first time in this company, the microtunneling method was used to pass the Ahvaz-Kuhdasht gas pipeline through the Karun River.
Why is LPG burned instead of collected?
Part of the liquefied gas produced by South Pars is being burned due to the halt of infrastructure projects and administrative obstacles, which means a waste of billions of national wealth that could have generated foreign exchange for the country.
Using artificial intelligence in fuel smuggling cases
The Chief Justice of Tehran Province said: "The court's decision ordered financial tracking in fuel smuggling cases. The necessary measures are currently being taken to conduct financial tracking, and reports indicate that artificial intelligence platforms are being used to conduct financial tracking."
Persian Gulf Holding or Mostazafan Foundation? Which one will win the development of the Kish gas field?
After years of stagnation, ignorance, and uncertainty, the name of the Kish gas field is now on the lips again, and news indicates that the first phase of this field has been completed and it is ready to produce 28 million cubic meters of gas per day. But what has put the Kish gas field on the verge of a major change is the dire need for investment for the second, third, and even fourth phases; a project that requires about $8 billion in financial resources; meanwhile, rumors indicate that Persian Gulf Holding is the most serious option to enter this field.
Water industry spokesperson recounts special measures to prevent unauthorized withdrawal from agricultural wells
Emphasizing the need to take special measures to prevent over-abstraction and unauthorized extraction in authorized and unauthorized agricultural wells, the spokesperson for the country's water industry said: "In Table 7, Article 37 of the Seventh Development Plan, it is predicted that agricultural water consumption will reach 65 billion cubic meters and 15 billion cubic meters of imbalances will be eliminated."
The fifth refinery of the South Pars Gas Complex supplies 7% of the gas delivered to the refineries in the region annually.
The manager of the fifth refinery of the South Pars Gas Complex said at the weekly production and review meeting of the South Pars Gas Complex's strategic projects: "We have been able to record an annual supply of 7 percent of the total gas delivered by the country's refineries to the National Gas Company by using innovative knowledge and 100 percent use of domestic goods."
Behran Oil’s presence at Iran Expo
Behran Oil Company participated in the seventh Iran Expo exhibition, which will be held from May 28 to 3 at the Permanent Exhibition Center in Tehran.
Suspicious changes in nominal capacity; transparency missing from Shazand Petrochemical reports
Shazand Petrochemical Company announces a new number for nominal capacity in every interpretative report; a behavior that has made the percentage of capacity realization in this company always seem desirable, but the basis for its calculation is questioned by analysts and shareholders.
Is Babak Zanjani free and active? / Judiciary: There is no prohibition on his economic activity!
A spokesman for the judiciary confirmed that Babak Zanjani, convicted in a major oil corruption case, is currently on leave and, according to an official announcement, there is no legal prohibition on his economic activities.
