The need to identify opportunities and challenges for the development of the country’s petrochemical industry in the next 20 years

The CEO of the National Petrochemical Industries Company emphasized diversifying target markets and examining and identifying opportunities and challenges for the development of the country's petrochemical industry in the next 20 years.

Iraq’s exemption from importing gas from Iran revoked; Baghdad searches for a new alternative

The cancellation of Iraq's exemption from importing gas from Iran and the end of Iraq's electricity sector's dependence on Tehran will provide a good opportunity for the GCC countries to participate in Iraq's energy sector.

Strengthening the friendship and rivalry between Tehran and Ankara

In recent years, Iran and Türkiye have been in serious competition to become a regional gas hub, and the Turkmenistan-Iran-Turkey project emphasizes this and increases cooperation between the two countries.

Breaking News

60% of power plant fuel is wasted

The secretary of the Electricity Industry Syndicate stated that the efficiency of the country's power plants in the best conditions is around 40 percent, adding: "In other words, 60 percent of the power plant fuel is wasted."

Oil Minister: Supplying gas for domestic and commercial consumption is the ministry’s red line

Emphasizing that the Ministry of Oil is making every effort to prevent gas outages during the cold months of the year, the Minister of Oil said: "Know that the area of domestic and commercial consumption is the red line for this ministry in terms of gas supply."

Oil Minister announces increase in fuel deliveries to power plants

The Minister of Energy said: "Currently, the amount of fuel delivered to power plants has increased, and it can be said that the fuel imbalance of power plants has improved."

The government’s determination to strengthen the country’s oil and gas industry is serious

A member of the Energy Commission of the Islamic Consultative Assembly said: "The government has a serious determination to strengthen the country's oil and gas industry and is also sending a message to its enemies that it will not surrender to external threats and pressures and will continue its development and progress in the oil industry."

Consequences of the Gazprom Sanctions: From Europe’s Concern to an Opportunity for Tehran

The recent sanctions on Gazprombank have raised serious concerns in the European Union about the threat to its energy security, which could potentially extend to Gazprom itself. If that happens, Tehran could take advantage of the gas deal with Moscow and transit surplus Russian gas to its neighbors.

Water inflow to the country’s dams decreased by 12 percent

According to a report by the Iranian Water Resources Management Company, the inflow of the country's dams in the current water year is 2.76 billion cubic meters, which represents a 12 percent decrease compared to the inflow of 3.14 billion cubic meters last year.

The consolidation commission’s approvals have not restricted gasoline imports

Mohsen Zanganeh, deputy chairman of the 1404 budget bill consolidation committee, said: "The import of gasoline into the country has not been banned according to the approvals of the consolidation committee."

Reducing home heating appliances by one degree is also effective in eliminating imbalances

Emphasizing that our demand for people to save on gas and other energy carriers does not mean not consuming them, the Minister of Oil said: "If people reduce the temperature of their home heating systems by one degree, it will play an effective role in eliminating part of the gas imbalance in the country."

$300 billion in capital, Iran’s oil industry needs to revive

The heavy lock on the doors of Iran's oil industry to the world is weighing more heavily than ever on the life of this large and vital industry of the country.

‏Ghalibaf: 25 to 30 million liters of petroleum products are smuggled out of the country daily

The Speaker of the Islamic Consultative Assembly, Mohammad Baqer Qalibaf, emphasized the organized smuggling of petroleum products and the inefficiency in implementing the Seventh Development Plan, calling for national determination and serious measures to solve these problems.

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