Get to know the Persian Gulf Star Refinery, the largest gasoline producer in Iran
The Persian Gulf Star Refinery, Iran's largest gasoline producer and the world's largest gas condensate refinery, plays an unparalleled role in Iran's energy supply by producing more than 45 percent of the country's fuel portfolio.
Iran’s oil discount to China reaches its highest level in a year
As a new wave of sanctions from the United States, Britain and the European Union target sales of Russian and Iranian oil, trade sources told Reuters that discounts on Iranian oil for Chinese customers have reached their widest in more than a year, reaching as much as $10. Reduced oil import quotas for independent Chinese refiners have also added to the pressure.
Arak Machine Manufacturing Board Resigns Over Petrochemical Project
This resignation is related to a project called Hirsa Polymer Sahand Petrochemical, which has serious uncertainties about how it will be handed over to a second-hand contractor.
Breaking News
Details of the plan to use coal instead of natural gas at Khorasan Petrochemical
The head of Khorasan Petrochemical said: The plan to use coal instead of natural gas is under consideration with the aim of reducing the energy imbalance.
Full operation of Hengam Petrochemical Urea Unit from November
The Annual General Meeting of Hengam Petrochemical Company was held with the presence of shareholders, members of the Board of Directors, inspector and statutory auditor, presenting the financial performance report ending in Esfand 1403.
Announcement of the official selling price of Iranian oil in July
According to the announcement by the National Iranian Oil Company, the price of Iranian light oil will be offered to Asian customers in July 2025 at a price nearly $1.5 higher than the base price (Oman/Dubai crude oil price).
Implementation of 36 consumption management packages in the country’s electricity industry
Referring to the design and implementation of 36 consumption management packages in the country's electricity industry, the Director General of Energy and Customer Affairs of the Electricity Industry said: "These packages have been developed and implemented with the aim of reducing electricity consumption, overcoming the summer peak load, and providing sustainable energy."
3% reduction in energy consumption at South Pars Second Refinery
The DM Water Unit Optimization Project of the South Pars Second Refinery resulted in complete self-sufficiency in industrial water supply by increasing the desalination capacity by 60% and reducing energy consumption by 3%.
Major repairs of South Pars Phases 5 and 6 platforms completed
The head of production operations at Pars Oil and Gas Company announced: Major repairs to the gas platforms of phases 5 and 6 of South Pars have been completed with the aim of maintaining sustainable gas production.
84% of the country’s electricity industry’s receivables have been collected
The Deputy Director of Distribution Coordination at Tavanir Company announced that 84 percent of the electricity industry's debts were collected during the first three months of this year.
Saeed Tavakoli: Gas supply continued without disruption during recent attacks
The CEO of the National Iranian Gas Company said: "During the recent attacks, by carrying out more than 6,000 operations, the complete stability of the country's gas network was maintained and there was no disruption in the supply of gas to consumers."
Energy Commission Chairman: Iran’s oil sales route remains open despite sanctions
Referring to the new US sanctions, the head of the Parliament's Energy Committee said: "Iran knows ways to circumvent the sanctions, and Washington's oil policies to disrupt oil sales have failed."
Oil Minister: Aggression against energy-producing countries is a threat to global stability
Stating that aggression against energy-producing countries is a violation of international law and a threat to global stability, the Minister of Oil said: "The energy industry, and especially oil, in today's interconnected world, needs peace and stability to play its role in promoting national, regional, and global prosperity."
