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.
Meet Hengam Petrochemical, Iran’s newest urea producer
Located in the heart of the South Pars energy region, Hengem Petrochemical has not only become one of the largest producers of ammonia and urea in the country, but also, with the completion of its new phases, is ready to play a more important role in Iran's food security and foreign exchange earnings.
The dark fleet of Iran, Russia and Venezuela has reached nearly 1,000 ships
Bloomberg reported in a new report that nearly 978 tankers are operating in the so-called “dark fleet,” a network that supports oil exports from Iran, Venezuela and Russia and accounts for about 19 percent of the global fleet. The data comes as a large tanker was seized near Venezuela, which was previously under U.S. sanctions for its involvement in transporting Iranian oil.
Breaking News
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.
Iran’s new oil production record thanks to the efforts of oil industry experts
The CEO of the National Iranian Oil Company announced the achievement of a new record in the country's oil production, saying: "Crude oil production in early September of this year reached its highest level in the last seven and a half years, and this success is the result of the round-the-clock efforts of oil industry experts and employees to achieve the goals of the 14th government and strengthen the national economy."
“Arvand”, a major player in the PVC industry, entered the stock market
Arvand Petrochemical Company (Public Joint Stock Company) with the symbol "Arvand" was listed on the Tehran Stock Exchange on August 18, 1404, after obtaining legal permits and approval from the Admissions Board.
Oil Technology Park with three strategic missions, on the path of digital transformation and consumption management
The head of the Oil Industry Technology and Innovation Park, emphasizing that no technological development is possible without networking and real cooperation between knowledge suppliers and problem owners, said: The Oil Industry Park pursues three major missions in the field of the oil industry value chain, smartization and digital transformation, and consumption management, and is trying to use technologies to solve strategic issues in the oil industry with a business-oriented perspective.
Formation of a special working group to accelerate the collection of flare gases
The head of the Ministry of Oil's Flare Gas Collection Working Group, emphasizing the need to accelerate associated gas collection projects, said: "By order of the Minister of Oil, a special working group with broad powers has been formed to achieve complete collection of associated gases before the end of the Seventh Development Plan by monitoring, facilitating, and removing obstacles."
Synergy between university, research institute, and technology park; the driving force behind innovation in the oil industry
The Deputy Minister of Petroleum for Engineering, Research and Technology emphasized the importance of synergy between the University of Petroleum Industry, the Petroleum Industry Research Institute, and the Petroleum Industry Technology and Innovation Park, saying: "The cooperation of these three complexes not only provides the basis for the technological development of the oil industry, but can also create job opportunities for the country's youth and strengthen the motivation to stay and serve within the country."
Iran’s refineries are far from Nelson’s global standard; the future of the refining industry is uncertain
While refineries around the world have achieved a high level of complexity by relying on new technologies and extensive investments, Iranian refineries are still significantly behind global standards. Morteza Behrouzifar, an energy expert, says that our problem is not just a lack of capital; even if we assume that we have sufficient financial resources to implement projects, there is still no possibility of serious upgrading of refineries due to limited access to modern technology and equipment.
