11 billion dollar project with an empty account; Dangerous game of banks in Azadegan oil field
The last condition of Mohsen Paknejad for the implementation of the Azadegan oil field contract is to deposit 800 million dollars to the account of Dasht Azadegan Arvand Company. A condition that banks have been unable to fulfill until today.
Refining and Distribution CEO: Technological opportunities in the refining industry are vast; the move towards data-driven management is gaining momentum
The CEO of the National Iranian Petroleum Products Refining and Distribution Company, emphasizing the move towards data-driven management and smart fuel chain, said: "The opportunity for technological and data-driven work in the refining and distribution industry is very broad. What is important in this path is the right direction, prioritizing issues, and defining effective cooperation models."
Getting to know Iran’s petrochemical holdings; this part of the Persian Gulf
Persian Gulf Petrochemical Industries Holding, as the second largest petrochemical holding in the Middle East and the largest player in this industry in Iran, plays a key role in meeting domestic needs and the international standing of this industry, with more than one-third of the nominal capacity of the country's petrochemical industry.
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Smart management of Kermanshah Petrochemical Company paved the way for sustainable production by the end of autumn
In 1404, Engineer Zahir Heydarinejad and the management team of Kermanshah Petrochemical Company took a different path with a strategic decision: targeted pre-sale of July, August and September products in export markets. This strategy not only solved the problem of warehouse capacity, but also gave the company the power to shift its focus from “selling under pressure” to “selling with maximum profit” in trade negotiations.
Reservation of more than 11,000 square meters on the first day of Iranplast 2025
Coinciding with the first day of the 19th Iranplast International Exhibition, more than 11,000 square meters of exhibition space were reserved, which is a new record in exhibition registration in the country.
From dream to reality: Why didn’t China and Russia invest in Iran’s oil industry?
Iran's gas industry, as one of the main pillars of the country's energy supply, has faced serious challenges in recent years in attracting domestic and foreign investment. According to Morteza Behrouzifar, an energy expert, the misconception that was formed in previous governments about the transfer of capital and technology from countries such as China and Russia has given way to realism today, and these problems, which are mainly due to sanctions and the lack of technical and financial capacity of domestic companies, have jeopardized the development process and even the maintenance of production capacity.
Getting to know Iran’s petrochemical companies: This episode is by Amir Kabir
Amirkabir Petrochemical Complex, one of Iran’s industrial companies in the Bandar-e-Imam Petrochemical Special Economic Zone, plays a key role in supplying raw materials to domestic industries and exports with an annual production of more than 1.5 million tons of petrochemical products. Established in 1998, the complex is today known as one of the most diverse polyethylene producers in the country.
China backs down; 30 million barrels of Iranian oil in the Malaysian Sea remain in limbo
The increase in Iranian crude oil storage in Malaysian waters and the reduction in Chinese imports from the country following severe US sanctions have presented serious challenges to the flow of Iranian oil trade. With more than 30 million barrels of oil accumulated in stranded tankers, Iran is struggling to protect its market from geopolitical pressures.
Construction and upgrading of the country’s energy production power plants
Referring to the signing of a public-private partnership agreement to complete the Tabas Thermal Power Plant, the CEO of the Thermal Power Company said: "This will be a major step towards exploiting this project and diversifying the country's portfolio of energy carriers and primary sources of electricity production."
No increase in electricity consumption in Tehran compared to last year
The CEO of the Greater Tehran Electricity Distribution Company said: "This summer, the capital experienced one of the most effective periods of transition from peak electricity consumption to date by implementing smart consumption management plans, equipping high-consumption subscribers with smart meters, and effective subscriber participation."
China bought less oil from Iran in July
China's imports of Iranian crude oil fell last month, according to data firm Kepler.
Why do China and India continue to buy oil from Russia and Iran despite US warnings?
Despite Trump's explicit threats and pressure from Washington, China and India continue to import cheap oil from Russia and Iran, a decision rooted in economic interests and an independent energy policy. Could this move pose potential risks for them from Trump?
The National Oil Company owes the National Development Fund $17 billion
The chairman of the National Development Fund's executive board said: "The National Oil Company directly and indirectly owes about $17 billion to the Development Fund."
