
From reckless policymaking to official warning to petrochemicals; Iran’s propylene market at risk
Despite the special capabilities in developing the propylene value chain, due to excessive licensing and lack of sound policymaking by the National Petrochemical Company, this market is becoming saturated and is on track to suffer a similar fate to methanol production units.

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.

Iran’s electricity is caught in false pricing; power plants don’t even cover their maintenance costs
The CEO of Jamco said: "The electricity economy in Iran is paralyzed; power plants are not even making ends meet for their repairs, let alone building new ones." He warned that incorrect electricity pricing has caused investors to flee the sector and that the electricity imbalance is deepening every year.
Breaking News

Persian Gulf Petrochemical Industries’ support for domestic investments and projects

7 Memorandum of Understanding with the University of Petroleum Industry for scientific and research development

Bandar Imam Petrochemical, the country’s largest petrochemical company, is ready to enter the capital market

National Refining and Distribution Company electrifies Tehran’s engines

A Memorandum of Understanding (MoU) was signed between the Iranian Polymer Research Institute and Jampilen Petrochemical Company

Tripartite Memorandum of Understanding between the National Southern Oilfields Company, the MAPNA Group Consortium, and Ghadir Electricity and Energy Holding

Production in oil fields drops by up to 60 percent!

Signing of a Memorandum of Understanding between the National Oil Company and Zagros to Control Flare Gases

Increasing gasoline production to 120 million liters per day
