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
What is Bu Ali Sina Petrochemical’s strategy to continue making profits?
While Bu Ali Sina Petrochemical Company managed to produce beyond its nominal capacity in 1403, Mohammad Ahmadzadeh, the company's CEO, announced the company's plans to surpass this record, increase the share of foreign exchange sales, and focus on producing high value-added products. Bu Ali's strategy is a combination of infrastructure development, export portfolio diversification, and agility in feedstock supply.
Energy diplomacy at a standstill; send the masts to Arash Square
While the Arash gas field has become a new flashpoint for border tensions in the Persian Gulf, Iran continues to insist on the path of diplomacy, a path that has neither thwarted the claims of Kuwait and Saudi Arabia nor stopped the plundering of the country’s energy resources. Isn’t it time for Tehran to deploy drilling rigs and defend its national wealth instead of fruitless talks?
Karaj Hydroelectric Power Plant Electricity Production Stops
The director of the Karaj Dam said: "Although the Karaj Dam hydroelectric power plant is currently operating, it is likely that within the next two weeks the water level will reach a level that will no longer allow electricity generation from this power plant."
Fluctuations in Iranian oil prices over the past 5 years
The average price of Iranian heavy oil in 2024, based on statistics provided by the Organization of the Petroleum Exporting Countries (OPEC), was $79.71 per barrel.
Construction of 56-inch line begins to strengthen the central gas corridor
The construction of a 56-inch gas pipeline from Pol-e-Kale to Tiran to strengthen Iran's central gas transmission corridor has begun.
Iran’s oil revenues exceeded $46 billion last year
OPEC figures show that Iran's revenue from oil exports will exceed $46 billion in 2024 by more than $5.6 billion (an increase of 14%).
A comprehensive system for domestic oil industry contracts was launched
The legal director of the National Iranian Oil Company announced the launch of a "comprehensive system for domestic contracts" and said: "This system covers the contract process from beginning to end and is a major step towards agility, mechanization, and reducing human errors in the legal field of the oil industry."
Petrofarhang is ready to sell shares in Kian Petrochemical
With the aim of improving the composition of its investment portfolio, Petrofarhang Company has issued a call to identify applicants for the purchase of shares of Kian Petrochemical and invited investors to express their readiness to participate in the auction.
Getting to know Iran’s petrochemical companies; this part is Kermanshah
Kermanshah Petrochemical Complex, one of the key centers for chemical fertilizer production in western Iran, plays a prominent role in the province's industrial and economic development with the aim of meeting the region's agricultural needs and reducing dependence on urea imports. The complex, benefiting from its rich natural gas resources and specialized human resources, has become one of the pillars of Iran's petrochemical industry.
The critical water tariff has been canceled for now
The Ministry of Energy's new plan to implement a crisis water tariff by charging the cost of supplying water from consumers above the model was not approved by the Cabinet for approval and notification and has been canceled for now.
