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
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.
Recording more than 115,000 meters of drilling in the country’s onshore and offshore oil-bearing areas
The CEO of the National Iranian Drilling Company announced the drilling and completion of 114 oil and gas wells, recording more than 115,000 meters of drilling in one year of the 14th government's activity in the country's onshore and offshore oil-rich areas, using the company's drilling fleet.
Oil production increases by 80,000 barrels with the opening of Azadegan field facilities
The Minister of Oil announced: "With the opening of new petrochemical projects and processing facilities in the Azadegan field, the country's crude oil production capacity will increase, adding about 80,000 barrels per day to oil production."
Daily export of 1.38 million barrels of oil to China; Iran is a sustainable energy supplier to East Asia
China will source more than 13 percent of its imported oil from Iran in the first half of 2025; therefore, Iran, as a country with sustainable production capacity, is an important option for meeting part of this need, and it should be seen that significant economic opportunities will be created in the field of energy during the President's trip to participate in the Shanghai Summit.
The 17th major overhaul of the Ilam Gas Refinery has begun
The head of maintenance at the Ilam Gas Refinery announced the start of the 17th major overhaul of the refinery on September 1st, saying: "The major overhaul of this period will continue for 24 days, with an estimated 64,000 man-hours of executive staff and 20,000 man-hours of supervisory staff."
Untold facts about Abbas Karimi from Shazand Petrochemical
Abbas Karimi revealed the excessive hiring during the previous administration, the heavy costs of human resources, the high-profile overhaul in the middle of the war, and the drop in income due to the suspension of gasoline exports.
New solutions for financing petrochemicals on the verge of being finalized
The Secretary General of the Petrochemical Industry Employers' Association emphasized the serious pursuit of resolving the industry's problems and said: "New solutions for financing petrochemicals will soon be finalized."
Iranian oil on the rise; production, export and collection of flare gases are accelerating
Explaining the most important measures taken by the Ministry of Oil last year, the Minister of Oil emphasized: The Ministry of Oil plans to accelerate measures in this field and has short-term projects carried out by the private sector, as well as long-term and infrastructure projects on the agenda.
Acceleration in the development of joint fields; competition with neighboring countries in western Karun
The CEO of the Petroleum Engineering and Development Company, while explaining the company's strategic plans for the development of the West Karun joint fields, announced: "Completing processing infrastructure, utilizing modern drilling technologies, collecting associated gases, and complying with environmental requirements are among the most important measures that have been achieved in West Karun in recent months."
Joint project between the University of Petroleum Industry and Arvandan; Oil production tripled in a laboratory pilot
The University of Petroleum Industry, in collaboration with Arvandan Oil and Gas Company, succeeded in increasing oil production on a pilot scale by three times by designing and building advanced laboratory equipment and utilizing "foam-assisted lifting" technology; an achievement that could revolutionize the exploitation of wells with high water cutoff.
