11 billion dollar project with an empty account; Dangerous game of banks in Azadegan oil field
The last condition of Mohsen Paknejad for the implementation of the Azadegan oil field contract is to deposit 800 million dollars to the account of Dasht Azadegan Arvand Company. A condition that banks have been unable to fulfill until today.
Refining and Distribution CEO: Technological opportunities in the refining industry are vast; the move towards data-driven management is gaining momentum
The CEO of the National Iranian Petroleum Products Refining and Distribution Company, emphasizing the move towards data-driven management and smart fuel chain, said: "The opportunity for technological and data-driven work in the refining and distribution industry is very broad. What is important in this path is the right direction, prioritizing issues, and defining effective cooperation models."
Getting to know Iran’s petrochemical holdings; this part of the Persian Gulf
Persian Gulf Petrochemical Industries Holding, as the second largest petrochemical holding in the Middle East and the largest player in this industry in Iran, plays a key role in meeting domestic needs and the international standing of this industry, with more than one-third of the nominal capacity of the country's petrochemical industry.
Breaking News
Bu Ali Sina Petrochemical Plant to undergo overhaul
Bu Ali Sina Petrochemical announced that starting October 4, some of the company's production units, including aromatics and paraxylene, will enter a major overhaul phase. The overhaul will last for 12 working days, but according to the company, it will not cause a complete stoppage of production and will not have a significant impact on the annual production plan.
Discovery of a gas field with reserves of 10 trillion cubic feet of gas
The Minister of Oil announced the discovery of large gas and oil reserves in the Pazan field in southern Fars province, saying: "With reserves of 10 trillion cubic feet of gas, this field can play an important role in compensating for the country's energy imbalance in the coming years."
Removing production bottlenecks at Jam Petrochemical; increasing capacity and reducing the risk of emergency shutdowns
Removing production bottlenecks at Jam Petrochemical; Increasing capacity and reducing the risk of emergency shutdowns. With the new approach of Jam Petrochemical management in improving productivity and eliminating production bottlenecks, the project of installing and operating the strategic CE-8005A equipment as a parallel dryer in the polyethylene unit came to fruition and yielded significant results in production capacity and sustainability.
National Iranian Oil Company donates 45,000 educational packages to needy students
In line with fulfilling its social responsibilities, the National Iranian Oil Company, in cooperation with the Imam Khomeini Relief Committee, distributed 45,000 packages of stationery and educational items among needy students.
New record in ethane production; South Pars delivers 2.15 million tons of petrochemical feedstock
The CEO of the South Pars Gas Complex announced a new record in ethane production and stated: In the first half of 2025, more than 2 million 150 thousand tons of ethane were produced in this complex and delivered to petrochemical plants in the Assaluyeh region.
100% realization of oil production plan in Maroon; new records in repairs and productivity
The CEO of the National Southern Oilfields Company emphasized the need to conduct up-to-date assessments of recoverable reserves of oil and gas fields in order to plan more accurately and achieve the goals of the Seventh Development Plan.
Starting the North Pars Independent Gas field development activities
The North Pars gas field development plan, referring to the construction of the first phase of the project, announced the launch of the North Pars Independent Square Development Development activities.
If the Strait of Hormuz is closed, who is the first victim?
A member of the Majlis National Security Commission still threatened to close the Strait of Hormuz, while such a speech may seem attractive to the general audience, in fact deepest disregard for Iran's economic and geopolitical realities. The key question is if the Strait of Hormuz really closes, who is most damaged? The answer is clear, Iran itself. Even if the country's oil exports reach 6,000 barrels a day, there is still no other way than to cross the same strait.
From Qatar’s domination to Iran’s failure; The story of the failure of three projects of LNG
While Qatar has become the world's liquefied natural gas export giant using the South Pars joint field and has earned more than $ 5 billion in the year, Iran has failed with three huge gas liquid projects. Iran LNG, Pars LNG and Persian LNG's projects, which were supposed to be Iran's entry into the world market, were under pressure from sanctions and the withdrawal of foreign companies into semi -finished structures in Assaluyeh; An unfinished dream that has taken the opportunity to consolidate Iran's position in the global energy industry.
Rehabilitating 65 low-yield wells with the participation of 13 technology companies
The Deputy Minister of Engineering, Research and Technology of the Ministry of Oil said: "Despite the existing problems, the plan to revive low-yield wells has been evaluated as an important step towards improving oil and gas production technologies."
