Getting to know Iran’s petrochemical companies; this is Kimia Pars Middle East
Kimia Pars Middle East Company, one of the important players in Iran's petrochemical industry, has achieved an influential position in recent years in the fields of foreign exchange earning, sustainable production, and development of global markets, relying on methanol production and 100% export of its products.
South Pars reaches operational self-sufficiency
South Pars announced that it will meet the majority of its operational needs by relying on domestic capacity and cooperation with knowledge-based companies; a path that has brought the complex to the threshold of industrial independence by localizing more than 15,000 components and creating a smart supply chain.
China’s oil imports from Iran increase after new quotas issued
China's independent refiners have increased their intake of Iranian crude oil after Beijing issued a new round of import quotas late last month.
Breaking News
Water crisis in Iranian dams; only 43 percent of reservoir capacity is full
Currently, despite 22.2 billion cubic meters of water stored in the country's dams, 43 percent of the dam reservoirs' capacity is full and 57 percent of this capacity is empty.
Average daily gas consumption in power plants reached 306 million cubic meters
Power plant gas consumption remained at its highest level in the week ending August 10, bringing the average daily consumption of this sector to more than 306 million cubic meters.
Stabilizing production of 55,000 barrels of crude oil with technical reforms at Karun Company
Karun Oil and Gas Exploitation Company has taken a major step in increasing production capacity by implementing technical and operational reforms in upstream and downstream facilities, while stabilizing daily production of 55,000 barrels of crude oil.
Why has Iran not been successful in building refineries?
Refining expert Mehdi Mohseni, referring to the global energy transition trend, emphasizes that developing and building new refineries without improving the demand side will not lead anywhere. In his opinion, the main solution is to increase the complexity factor and create additional units in existing refineries.
Increasing gas transmission capacity in the north of the country
The Director of Region 4 of Iran's Gas Transmission Operations announced: By transferring the second compressor of the Farouj gas booster station to the Ramsar station, gas transmission capacity will be improved during the cold season and the infrastructure of gas booster stations in the north of the country will be strengthened.
Significant growth in drilling operations in the oil-rich areas of the south; 40 wells in four months
The Deputy CEO of the National Iranian Drilling Company announced the drilling and completion of 48 oil and gas wells in the first four months of this year in the country's onshore and offshore areas.
Resolving gas export issues and financial claims between Iran and Iraq
In a meeting with the Iraqi Minister of Electricity, the Minister of Oil emphasized resolving the issues of gas exports and financial demands, saying: "We will soon see a resolution to both issues of the quantity of gas exports to Iraq and the receipt of gas demands."
US launches new round of oil sanctions against Iran
In the 14th round of oil sanctions since 2018, the United States imposed the most extensive set of sanctions against Iranian oil exports.
The legal mask on the face of fuel smuggling; what is behind the dangerous game of mini-refineries?
While the government has resorted to imports to supply fuel, the widespread smuggling of subsidized diesel under the guise of mini-refineries is generating millions of dollars in profits for brokers every day; a structural phenomenon that exports national subsidies abroad with official permission.
Drilling of 10 wells in South Azadegan field completed
The Deputy CEO of the National Iranian Drilling Company for Drilling Projects said: "With the cooperation and synergy between the company's specialists and the Petroleum Engineering and Development Company (METEN), the implementation of the drilling project of 10 wells in the South Azadegan oil field has reached its final stage, and the project was completely handed over to the employer for operation after being put into operation."
