Injecting 117 million cubic meters of gas into power plants to stabilize the electricity grid
The CEO of the National Iranian Gas Company, referring to the coordinated and favorable performance in the gas production chain to refining, announced the injection of 117 million cubic meters of natural gas into the country's power plants.
Oil Minister: Sustainable liquid fuel provided for power plants
The Minister of Petroleum stated that in order to supply gas to power plants, we have delivered a cumulative 3.5 billion cubic meters of gas to power plants since the beginning of this year, and added: "Also, liquid fuel has been supplied to power plants in appropriate and stable volumes so that our dear compatriots do not face any problems or shortages in terms of electricity supply and their electricity needs are fully provided."
Bandar Imam becomes the giant of Iran’s petrochemical paper projects
Bandar Imam Petrochemical, the beating heart of the downstream chain of Iran's petrochemical industry, is currently facing a $1.4 billion project; a project that, in relation to the company's 8 trillion tomans profit, has raised serious questions about the economic logic, financing method, and the silence of Persian Gulf Holding.
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Joint project between the University of Petroleum Industry and Arvandan; Oil production tripled in a laboratory pilot
The University of Petroleum Industry, in collaboration with Arvandan Oil and Gas Company, succeeded in increasing oil production on a pilot scale by three times by designing and building advanced laboratory equipment and utilizing "foam-assisted lifting" technology; an achievement that could revolutionize the exploitation of wells with high water cutoff.
Iran’s new oil production record thanks to the efforts of oil industry experts
The CEO of the National Iranian Oil Company announced the achievement of a new record in the country's oil production, saying: "Crude oil production in early September of this year reached its highest level in the last seven and a half years, and this success is the result of the round-the-clock efforts of oil industry experts and employees to achieve the goals of the 14th government and strengthen the national economy."
“Arvand”, a major player in the PVC industry, entered the stock market
Arvand Petrochemical Company (Public Joint Stock Company) with the symbol "Arvand" was listed on the Tehran Stock Exchange on August 18, 1404, after obtaining legal permits and approval from the Admissions Board.
Oil Technology Park with three strategic missions, on the path of digital transformation and consumption management
The head of the Oil Industry Technology and Innovation Park, emphasizing that no technological development is possible without networking and real cooperation between knowledge suppliers and problem owners, said: The Oil Industry Park pursues three major missions in the field of the oil industry value chain, smartization and digital transformation, and consumption management, and is trying to use technologies to solve strategic issues in the oil industry with a business-oriented perspective.
Formation of a special working group to accelerate the collection of flare gases
The head of the Ministry of Oil's Flare Gas Collection Working Group, emphasizing the need to accelerate associated gas collection projects, said: "By order of the Minister of Oil, a special working group with broad powers has been formed to achieve complete collection of associated gases before the end of the Seventh Development Plan by monitoring, facilitating, and removing obstacles."
Synergy between university, research institute, and technology park; the driving force behind innovation in the oil industry
The Deputy Minister of Petroleum for Engineering, Research and Technology emphasized the importance of synergy between the University of Petroleum Industry, the Petroleum Industry Research Institute, and the Petroleum Industry Technology and Innovation Park, saying: "The cooperation of these three complexes not only provides the basis for the technological development of the oil industry, but can also create job opportunities for the country's youth and strengthen the motivation to stay and serve within the country."
Iran’s refineries are far from Nelson’s global standard; the future of the refining industry is uncertain
While refineries around the world have achieved a high level of complexity by relying on new technologies and extensive investments, Iranian refineries are still significantly behind global standards. Morteza Behrouzifar, an energy expert, says that our problem is not just a lack of capital; even if we assume that we have sufficient financial resources to implement projects, there is still no possibility of serious upgrading of refineries due to limited access to modern technology and equipment.
Iran’s new oil production record in July: 3.27 million barrels per day, approved by the Energy Agency
The International Energy Agency reported an increase of about 200,000 barrels of Iranian crude oil in July.
Developing energy infrastructure with private sector participation; Iran on the path to attracting capital and regional competition
The Chairman of the Board of Directors of the Association of Oil, Gas and Petrochemical Contractors (APEC), stating that EPC contracts are the main contract governing the country's construction industry, said: "To achieve development, it is necessary to facilitate oil contracts and synergize the government and the private sector."
Gas exports to Iraq and Türkiye remain intact
The Deputy Minister of Oil announced in a press conference the export of gas to Iraq and the possibility of extending the long-term contract for gas exports to Türkiye.
