Introduction to Tabriz Refinery; the refining hub of northwest Iran

Tabriz Oil Refinery, one of the most important refining centers in Iran, plays a key role in supplying the liquid fuel needed by northwest Iran by providing about 7 percent of the country's crude oil refining capacity.

Getting to know Iran’s petrochemical holdings; this is Parsian Oil and Gas

Parsian Oil and Gas Petrochemical Holding is one of the major players in the country's petrochemical industry, which, with about 20 percent of Iran's production capacity and complexes such as Pardis and Zagros, has earned the title of the country's largest urea producer and one of the most important methanol producers in the Middle East.

$700 million in gasoline savings by expanding ridesharing

Hossein Mirafazli, an energy expert, says: If only 10 percent of intracity trips are shared, about two million liters of gasoline will be saved daily, which is equivalent to more than $700 million in annual savings for the Iranian economy.

Breaking News

What percentage of the world’s mining is related to Iran?

Deputy Transmission and Cryptocurrency Project Executive Tavanir said: "The global hash rate decrease was between 5 and 12 percent, but 12 percent is a very large number, as load behavior data shows a 2,400 megawatt reduction in load power."

Farabi Petrochemical’s annual meeting will be held on July 11

Farabi Petrochemical Company has invited its shareholders to attend the Annual General Meeting to be held on Saturday, July 11, 2021. The meeting will be held at the Fanavaran Petrochemical Complex, located in Bandar Imam Khomeini, a special economic zone, in Khuzestan Province.

A strategic grade was produced at Bandar Imam Petrochemical

Bandar Imam Petrochemical, with the efforts of its specialists, succeeded in producing Grade 7000F, one of the highest quality heavy polyethylene products under license from Mitsui of Japan, at the Basparan Complex.

Export of gas produced from the third row of the South Pars Phase 14 refinery has begun

The CEO of Petropars Group said: "The export of gas produced from the third tier of the sweetening unit of the South Pars Phase 14 refinery has begun successfully."

China’s oil imports from Iran increase

China increased its crude oil imports from Iran in June, and independent Chinese refiners bought more Iranian oil.

Restarting production in Zagros

Zagros Petrochemical, which had suspended its production lines since June 15 due to the country's critical conditions, has now announced that phases one and two of the complex have resumed production as of Saturday, July 27. This suspension was made to protect the safety of human resources and operational infrastructure, and the company emphasized that the return to production was carried out with careful planning and as quickly as possible.

Iran’s oil exports did not decrease during the war

Despite the conflict between Iran and Israel, contrary to the claims of the Zionist regime's media, Iran's oil exports not only did not decrease, but also remained at a level of about 2.2 million barrels per day, according to Kpler data.

If the Strait of Hormuz is closed, where will the oil pass? Petroline, Fujairah, or Ceyhan?

The Strait of Hormuz, a vital artery for global energy exports, remains an irreplaceable bottleneck. Any disruption to the flow of oil through this route would alter the geopolitical equations of energy; despite efforts by countries to design alternative routes, none are able to cover the crisis.

3 Phase of Pardis Petrochemical Project Decommissioned

Following the recent attacks by the Zionist regime and the emergence of emergency conditions in the region, Pardis Petrochemical Company suspended the production of three operational phases of ammonia and urea in order to protect the safety of personnel and reduce possible losses. This suspension was officially announced in a company announcement, and its financial effects are being reviewed.