Introduction to Tabriz Refinery; the refining hub of northwest Iran
Tabriz Oil Refinery, one of the most important refining centers in Iran, plays a key role in supplying the liquid fuel needed by northwest Iran by providing about 7 percent of the country's crude oil refining capacity.
Getting to know Iran’s petrochemical holdings; this is Parsian Oil and Gas
Parsian Oil and Gas Petrochemical Holding is one of the major players in the country's petrochemical industry, which, with about 20 percent of Iran's production capacity and complexes such as Pardis and Zagros, has earned the title of the country's largest urea producer and one of the most important methanol producers in the Middle East.
$700 million in gasoline savings by expanding ridesharing
Hossein Mirafazli, an energy expert, says: If only 10 percent of intracity trips are shared, about two million liters of gasoline will be saved daily, which is equivalent to more than $700 million in annual savings for the Iranian economy.
Breaking News
Spokesperson for the Ministry of Foreign Affairs: We do not accept unilateral claims about the Arash gas field
The Foreign Ministry spokesman stated that we have always emphasized bilateral talks with Kuwait to reach a fair and lasting agreement and understanding regarding the Arash gas field, adding: "Based on historical rights and the history of negotiations, we do not accept unilateral claims about this field under any circumstances."
Transformation in energy policies; Four axes of the Ministry of Oil to curb imbalance and combat fuel smuggling
The Ministry of Petroleum in the 14th government has put four main axes on the agenda: price policies, non-price policies, fuel portfolio diversification, and combating off-grid supply and smuggling, and has taken a major step towards curbing the gap between supply and demand, efficiency, justice, and sustainability in the country's energy distribution system.
New facilities for oil knowledge-based companies
A call for granting facilities was published in accordance with the instructions of Note 2 of the 1403 (2024) budget law for the entire country with the approach of developing knowledge-based businesses in the oil industry.
Neighbors’ repeated claims about Arash; proposal to refer to impartial international arbitrators
Following repeated claims by Saudi Arabia and Kuwait regarding ownership of the Arash gas field, an international expert emphasized that the historical and legal background of the field is beyond doubt and that the best solution to end the disputes is to refer to impartial international experts and arbitrators.
The country’s refining capacity will increase by 180,000 barrels by the end of 1404
The CEO of the National Iranian Oil Refining and Distribution Company announced an increase of 180,000 barrels in the country's refining capacity by the end of this year and said: "Three important projects: oil and gas quality improvement at the Shiraz Refinery, kerosene quality improvement at the Isfahan Refinery, and the gasoline unit at the Tehran Refinery will be put into operation by the end of 1404."
Sustainable transmission of 260 billion cubic meters of gas in the first year of the 14th government
The CEO of the Iranian Gas Transmission Company announced the sustainable transmission of 260 billion cubic meters of gas in the first year of the 14th government.
Start of loading and installation operations for South Pars Phase 11 jacket
The loading and installation of the SP11A jacket of the Phase 11 development plan of the South Pars Joint Gas Field began in the presence of the Governor of Bushehr, the CEO of Petropars Group, the CEO of Sadra Company, and executives of Pars Oil and Gas Company and Petropars.
Drilling Memorandum of Understanding was signed between Arvandan and the National Drilling Company
Arvandan Oil and Gas Company and the National Iranian Drilling Company signed a memorandum of understanding to provide drilling rigs and related services.
Official opening of the Sabzab-Shazand pipeline with a capacity of 750,000 barrels of crude oil
The CEO of the National Iranian Oil Engineering and Construction Company stated that the capacity of the Sabzab-Shazand sour crude oil pipeline is 750,000 barrels of crude oil and said: "The implementation of this project will play a fundamental role in reducing energy imbalance and strengthening the country's energy security."
Transformation in oil industry financing with new tools and guarantee funds
The Ministry of Oil of the 14th government, within the framework of the Seventh Development Plan, has implemented various initiatives in the field of capital attraction and financing, paving the way for the development of oil and gas fields and increasing production capacity. By introducing new financial instruments and establishing guarantee funds, it has paved the way for the participation of domestic and foreign investors.
