Producing gasoline from methanol is not profitable

Producing gasoline from methanol is not profitable

The planning director of the National Petrochemical Company, emphasizing the focus on the downstream and reaching a capacity of 131 million tons by the end of the Seventh Plan, said that producing gasoline from methanol is not economically viable.

Get to know one of the most modern refineries in Iran, Bandar Abbas Oil Refinery

Get to know one of the most modern refineries in Iran, Bandar Abbas Oil Refinery

Bandar Abbas Oil Refining Company, as one of the 10 largest refineries in the country, plays a key role in providing Iran with the energy and products it needs. The refinery was built on an area of ​​about 770 hectares, 20 kilometers west of Bandar Abbas city and on the northern shore of the Persian Gulf, and went into operation in 1997 with an initial capacity of 232,000 barrels per day.

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Incentive package announced to facilitate upstream oil and gas contracts

Incentive package announced to facilitate upstream oil and gas contracts

Following the Supreme Leader's (Supreme Leader's) emphasis on facilitating and accelerating the conclusion and implementation of upstream oil and gas contracts, the Economic Council notified the Ministry of Oil of the issue of "facilitating the conditions for concluding and implementing upstream oil and gas contracts" in line with achieving the goals of the Seventh Progress Plan of the Islamic Republic of Iran.
Sharp decline in CNG consumption in the country

Sharp decline in CNG consumption in the country

CNG supply has decreased from 23 million cubic meters per day in 1402 to 19 million cubic meters in 1403 and 16 million cubic meters in 1404, and unfortunately, this decline in demand continues.
The growth of gas production in Iran

The growth of gas production in Iran

Although Iran's daily gas production capacity has doubled in recent decades, structural, financial, and technological barriers threaten the sustainable growth of this key source of electricity for the industry.
Accelerating gas field development plans

Accelerating gas field development plans

In recent years, accelerating gas field development plans has become an unrivaled priority in energy policymaking in Iran; a policy that is being pursued with the aim of compensating for the supply shortage.
The level of oil and gas reserves at power plants reached 1.5 billion liters

The level of oil and gas reserves at power plants reached 1.5 billion liters

The level of oil and gas storage in power plants in the first two months of 2025 has reached about 1.5 billion liters, an increase of more than 85 percent compared to the same period last year; an impressive figure that indicates the Ministry of Petroleum's readiness to provide sustainable energy in the country.