The eye of the oil market to the Strait of Hormuz

The eye of the oil market to the Strait of Hormuz

The escalation of conflicts in the Middle East has increased concerns about the security of the Strait of Hormuz. Any disturbance in the flow of oil in this strait, considering its vital role in transferring 21 million barrels of oil daily to the world markets, will severely affect the prices.

Which refinery was more successful in the first 6 months of this year?

Which refinery was more successful in the first 6 months of this year?

A look at the production and sales performance of Bursa refineries in the first half of the year shows that Tabriz refinery has performed best in terms of increasing production and sales volumes. Earlier last year, Isfahan Refinery was the leader of this group, but the statistics show that Tabriz Oil Refinery has now taken over the oil fields.

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The need for major repairs of South Pars production platforms and simultaneous monitoring of gas transmission pipelines in the sea

The need for major repairs of South Pars production platforms and simultaneous monitoring of gas transmission pipelines in the sea

The CEO of the National Iranian Oil Company listed the implementation of the pressure increase plan, the development of phase 11 of the joint South Pars gas field and the Kish gas field as three priority projects of the oil industry in South Pars and said: "For the implementation of these strategic plans, all efforts must be made, especially the capacity of other companies under the national company." Iranian oil was also used.
The first renewable power plant will be built in Tehran

The first renewable power plant will be built in Tehran

The CEO of Tehran Regional Electricity Company said: In the field of renewables, we have entered with a more serious approach, and for the first step, the first renewable power plant of one megawatt is to be established in the heart of Tehran.
Petrol vs. Flow; Trying to break the cycle of crude sales

Petrol vs. Flow; Trying to break the cycle of crude sales

While criticizing the industry's past focus on the production of basic products, the Deputy Director of Petrol Business Planning and Development announced the company's efforts to create more added value and reduce dependence on the export of primary products. The launch of the compound fertilizer production unit in Urmia Petrochemical and the development of polyaluminum chloride and polypropylene production units in Ilam and Arghwan Gostar Ilam Petrochemicals are only a part of Petrol's actions in this direction.
6 new sewage treatment plants are in operation in Tehran

6 new sewage treatment plants are in operation in Tehran

The CEO of Tehran Province Water and Sewerage Company said: By the end of the year, with the operation of six new wastewater treatment plants, about 113 million cubic meters per year will be added to the wastewater production capacity in Tehran Province, and the wastewater production capacity of Tehran Province will increase to 660 million cubic meters per year.
How much was Iran’s oil income in 2024?

How much was Iran’s oil income in 2024?

According to the available statistics, the export of oil in the 5 months of 2024 is equal to about 20 billion dollars, of which 131 thousand billion tomans was the government's share in the 5-month budget cut.