Introducing Pars Glycol; one of the new olefin units in the country

Introducing Pars Glycol; one of the new olefin units in the country

The Pars Glycol Petrochemical Complex, previously known as Pars Phenol, with an annual production capacity of more than 550,000 tons of ethylene glycol, has been put into operation as one of the key projects of Iran's petrochemical industry in the second phase of the Pars Special Economic Energy Zone.

Iran’s petrochemical industry on the verge of a historic comeback; is a sanctions exemption on the way?

Iran’s petrochemical industry on the verge of a historic comeback; is a sanctions exemption on the way?

While no official decision has yet been made on Iran’s sanctions waivers, speculation about the possibility of some restrictions being eased has focused attention on an industry that became one of the country’s most important sources of foreign exchange during the sanctions years: the petrochemical industry. But the big question is whether any potential waivers would only pave the way for exports, or could they also unlock technology, equipment, and investment?

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alternative fuels; Iran’s roadmap for energy security in the era of transition

alternative fuels; Iran’s roadmap for energy security in the era of transition

With huge reserves of natural gas, extensive petrochemical infrastructure and several decades of experience in the production of basic products, Iran has the capacity to establish its position in the world's new energy chain through the development of alternative fuels and energy carriers such as ammonia, LPG, LNG and methanol. These products are not only fuel, but also geo-energetic tools and added value creation engines.
Inauguration of the second row of Azadegan Southern Central Processing Unit; The backbone of West Karun development

Inauguration of the second row of Azadegan Southern Central Processing Unit; The backbone of West Karun development

The vice-chairman of the Energy Commission of the Islamic Council said: "The opening of the second row of the central processing unit of the South Azadegan common field by increasing the sustainable capacity of processing, stabilizing production, strengthening the transmission chain and creating employment, plays a key role in the sustainable development of West Karun and the resilience of the country's oil industry."
Oil market moves away from fear-based pricing; fundamentals confirmed

Oil market moves away from fear-based pricing; fundamentals confirmed

The former representative of Iran in the OPEC executive board, emphasizing the fading effect of geopolitical shocks on the global oil market, said: In recent years, the oil market has moved away from pricing based on fear and tension and has moved towards valuation based on fundamental factors such as supply, demand, storage level and excess production capacity.
63% of major repairs plan achieved in southern oilfield

63% of major repairs plan achieved in southern oilfield

The Director of Industrial Equipment and Process Machinery Repairs at the National Southern Oilfields Company, explaining the missions and performance of this management, said: "With proactive planning, localization of strategic parts, and the round-the-clock efforts of operational forces, more than 63 percent of the annual overhaul plan was achieved in 1404; an unprecedented achievement that has played an important role in production sustainability, flaring reduction, and environmental protection."
Morteza Behrouzifar: It is unlikely that we will see a jump in oil prices in 2026

Morteza Behrouzifar: It is unlikely that we will see a jump in oil prices in 2026

A faculty member of the Institute for International Energy Studies announced that price levels in 2025 were lower than the previous year, and said: "Given the experience of the oil market in recent years, it is unlikely that we will see a significant increase in prices in 2026 unless a specific development occurs in the global economy or geopolitical equations."
Unprecedented record of sweet gas production at South Pars Refinery 3

Unprecedented record of sweet gas production at South Pars Refinery 3

The manager of the third refinery of the South Pars Gas Complex announced an unprecedented record in sweet gas production in the first nine months of this year, saying: "This success is the result of relying on domestic capacity, the technical knowledge of specialists, and the effective use of the capacity of the country's knowledge-based companies."