The dark fleet of Iran, Russia and Venezuela has reached nearly 1,000 ships

Bloomberg reported in a new report that nearly 978 tankers are operating in the so-called “dark fleet,” a network that supports oil exports from Iran, Venezuela and Russia and accounts for about 19 percent of the global fleet. The data comes as a large tanker was seized near Venezuela, which was previously under U.S. sanctions for its involvement in transporting Iranian oil.

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.

Breaking News

Production capacity of supplementary oil and gas well strings increased

The production capacity of supplementary strings for oil and gas wells on land and offshore increased with a focus on developing indigenous and Iranian technologies in the country; a strategic move that, by strengthening domestic capacity, paves the way for self-sufficiency in vital equipment for the energy industry and the export of these products.

Part of the oil flare in the west of the country was extinguished

For the first time in the western region of the country, part of the oil-associated gas flare was extinguished with the operation of the first phase of the Dehloran NGL 3100 refinery, a measure that is considered to reduce flaring and recover associated gases in border oil-rich areas.

Iran with 37 gas fields; still dreaming of getting rid of imbalance

Despite having the world’s second-largest gas reserves, Iran continues to grapple with an energy imbalance. The country’s numerous gas fields are either underdeveloped or lagging behind in the competition for extraction from shared fields. While gas exports could become a regional lever of power, Iran has a tiny share of the global market. If this trajectory is not corrected, even meeting domestic demand will be challenged in the coming winters.

Purchasing electricity from home solar systems by Tavanir

Referring to the extensive plan to install 5-kilowatt home solar panels, a spokesman for the electricity industry announced the purchase of electricity from these generators at attractive rates from subscribers.

South Pars First Refinery’s gas production capacity increased

The director of the first refinery of the South Pars Gas Complex announced specialized measures and important projects to maintain gas quality and increase production capacity.

Details of the plan to use coal instead of natural gas at Khorasan Petrochemical

The head of Khorasan Petrochemical said: The plan to use coal instead of natural gas is under consideration with the aim of reducing the energy imbalance.

Full operation of Hengam Petrochemical Urea Unit from November

The Annual General Meeting of Hengam Petrochemical Company was held with the presence of shareholders, members of the Board of Directors, inspector and statutory auditor, presenting the financial performance report ending in Esfand 1403.

Announcement of the official selling price of Iranian oil in July

According to the announcement by the National Iranian Oil Company, the price of Iranian light oil will be offered to Asian customers in July 2025 at a price nearly $1.5 higher than the base price (Oman/Dubai crude oil price).

Implementation of 36 consumption management packages in the country’s electricity industry

Referring to the design and implementation of 36 consumption management packages in the country's electricity industry, the Director General of Energy and Customer Affairs of the Electricity Industry said: "These packages have been developed and implemented with the aim of reducing electricity consumption, overcoming the summer peak load, and providing sustainable energy."

3% reduction in energy consumption at South Pars Second Refinery

The DM Water Unit Optimization Project of the South Pars Second Refinery resulted in complete self-sufficiency in industrial water supply by increasing the desalination capacity by 60% and reducing energy consumption by 3%.