Iran becomes OPEC’s second largest refiner

Iran becomes OPEC’s second largest refiner

With a refining capacity of 2 million 237 thousand barrels per day and a 16% share in OPEC, Iran ranks second among the countries of this organization, and it also accounts for 2.1% of the world's refining capacity.

The resilience of Iran’s oil industry in the 12-day war

The resilience of Iran’s oil industry in the 12-day war

During the 12 days when Iran's skies were facing the Zionist regime's invasion and the imposed war, the oil industry worked in a chain reaction and did not tremble, but stood firm. It stood firm and did not let a single light go out or a shortage arise in the country's fuel supply.

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Farabi Petrochemical’s annual meeting will be held on July 11

Farabi Petrochemical’s annual meeting will be held on July 11

Farabi Petrochemical Company has invited its shareholders to attend the Annual General Meeting to be held on Saturday, July 11, 2021. The meeting will be held at the Fanavaran Petrochemical Complex, located in Bandar Imam Khomeini, a special economic zone, in Khuzestan Province.
Restarting production in Zagros

Restarting production in Zagros

Zagros Petrochemical, which had suspended its production lines since June 15 due to the country's critical conditions, has now announced that phases one and two of the complex have resumed production as of Saturday, July 27. This suspension was made to protect the safety of human resources and operational infrastructure, and the company emphasized that the return to production was carried out with careful planning and as quickly as possible.
Iran’s oil exports did not decrease during the war

Iran’s oil exports did not decrease during the war

Despite the conflict between Iran and Israel, contrary to the claims of the Zionist regime's media, Iran's oil exports not only did not decrease, but also remained at a level of about 2.2 million barrels per day, according to Kpler data.
3 Phase of Pardis Petrochemical Project Decommissioned

3 Phase of Pardis Petrochemical Project Decommissioned

Following the recent attacks by the Zionist regime and the emergence of emergency conditions in the region, Pardis Petrochemical Company suspended the production of three operational phases of ammonia and urea in order to protect the safety of personnel and reduce possible losses. This suspension was officially announced in a company announcement, and its financial effects are being reviewed.