
From reckless policymaking to official warning to petrochemicals; Iran’s propylene market at risk
Despite the special capabilities in developing the propylene value chain, due to excessive licensing and lack of sound policymaking by the National Petrochemical Company, this market is becoming saturated and is on track to suffer a similar fate to methanol production units.

Get to know one of the most modern refineries in Iran, Bandar Abbas Oil Refinery
Bandar Abbas Oil Refining Company, as one of the 10 largest refineries in the country, plays a key role in providing Iran with the energy and products it needs. The refinery was built on an area of about 770 hectares, 20 kilometers west of Bandar Abbas city and on the northern shore of the Persian Gulf, and went into operation in 1997 with an initial capacity of 232,000 barrels per day.

Iran’s electricity is caught in false pricing; power plants don’t even cover their maintenance costs
The CEO of Jamco said: "The electricity economy in Iran is paralyzed; power plants are not even making ends meet for their repairs, let alone building new ones." He warned that incorrect electricity pricing has caused investors to flee the sector and that the electricity imbalance is deepening every year.
Breaking News

Spokesperson for the Ministry of Foreign Affairs: We do not accept unilateral claims about the Arash gas field

Transformation in energy policies; Four axes of the Ministry of Oil to curb imbalance and combat fuel smuggling

New facilities for oil knowledge-based companies

Neighbors’ repeated claims about Arash; proposal to refer to impartial international arbitrators

The country’s refining capacity will increase by 180,000 barrels by the end of 1404

Sustainable transmission of 260 billion cubic meters of gas in the first year of the 14th government

Start of loading and installation operations for South Pars Phase 11 jacket

Drilling Memorandum of Understanding was signed between Arvandan and the National Drilling Company

Official opening of the Sabzab-Shazand pipeline with a capacity of 750,000 barrels of crude oil
