Getting to know Iran’s petrochemical holdings; this is Parsian Oil and Gas
Parsian Oil and Gas Petrochemical Holding is one of the major players in the country's petrochemical industry, which, with about 20 percent of Iran's production capacity and complexes such as Pardis and Zagros, has earned the title of the country's largest urea producer and one of the most important methanol producers in the Middle East.
$700 million in gasoline savings by expanding ridesharing
Hossein Mirafazli, an energy expert, says: If only 10 percent of intracity trips are shared, about two million liters of gasoline will be saved daily, which is equivalent to more than $700 million in annual savings for the Iranian economy.
Getting to know Iran’s petrochemical holdings; this is Petroculture’s episode
Petrofarhang Holding, the economic arm of the Farhangian Reserve Fund, has been able to consolidate its position as one of the main players in Iran's petrochemical industry in recent years, focusing on methanol production and developing petrochemical projects, and has emerged from losses with significant growth in production and profitability.
Breaking News
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.
Major repairs of 11 South Pars platforms completed
The CEO of Pars Oil and Gas Company said: "During the 12-day war, the South Pars platforms continued to operate without interruption, and in addition to maintaining a stable flow of gas extraction, the overhaul operations also proceeded according to plan, so that the overhaul of 11 platforms has been successfully completed so far."
Petrochemicals and Customs on the Downward Path of Exports
The Director General of Customs said: In the first quarter of this year, Iran's total non-oil trade reached 43 million 489 thousand tons and was worth 24 billion 684 million dollars.
Acceleration in localization and modernization; completion of 100 wells by the National Drilling Company
The CEO of the National Iranian Drilling Company announced the achievement of drilling and completing 100 wells in 1403 and said: "Localizing strategic equipment, manufacturing domestic rigs, and increasing the share of domestic manufacturing are among the company's strategic priorities, which have been accompanied by foreign exchange savings and reducing dependence."
Iran’s oil market heats up in China; exports rise, sanctions remain on paper
While Donald Trump has claimed to have paved the way for Iranian oil exports to China, statistics show that China's oil imports from Iran reached a record 1.8 million barrels per day in June; a record that experts attribute to increased seasonal demand, regional war, and the attractiveness of Iranian oil prices, not necessarily the result of the official lifting of sanctions.
Sustainable fuel supply despite military and cyber attacks
The CEO of the National Iranian Oil Refining and Distribution Company said: "Despite a 50% increase in demand and cyber threats and military attacks, fuel supplies continued uninterrupted."
Wartime gasoline consumption record broken
The CEO of the National Iranian Petroleum Refining and Distribution Company announced the smart measures and round-the-clock efforts of 160,000 operational forces in the fuel supply and distribution chain to maintain the stability of the country's fuel supply network during the imposed war with the Zionist regime, and emphasized: Despite a 50 percent increase in demand and cyber threats and military attacks, fuel supply continued without interruption.
Isfahan Refinery’s New Plan to Reduce Gas Imbalance
The CEO of Isfahan Oil Refining Company announced the implementation of the company's Furnace Hull Upgrade (RHU) project in two phases, saying: "Operation of the first phase of this project will help eliminate the gas imbalance, and the second phase will eliminate the gasoline and oil and gas imbalance."
Petrochemicals and Customs on the Downward Path of Exports
The Director General of Customs said: In the first quarter of this year, Iran's total non-oil trade reached 43 million 489 thousand tons and was worth 24 billion 684 million dollars.
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.
