11 billion dollar project with an empty account; Dangerous game of banks in Azadegan oil field
The last condition of Mohsen Paknejad for the implementation of the Azadegan oil field contract is to deposit 800 million dollars to the account of Dasht Azadegan Arvand Company. A condition that banks have been unable to fulfill until today.
Refining and Distribution CEO: Technological opportunities in the refining industry are vast; the move towards data-driven management is gaining momentum
The CEO of the National Iranian Petroleum Products Refining and Distribution Company, emphasizing the move towards data-driven management and smart fuel chain, said: "The opportunity for technological and data-driven work in the refining and distribution industry is very broad. What is important in this path is the right direction, prioritizing issues, and defining effective cooperation models."
Getting to know Iran’s petrochemical holdings; this part of the Persian Gulf
Persian Gulf Petrochemical Industries Holding, as the second largest petrochemical holding in the Middle East and the largest player in this industry in Iran, plays a key role in meeting domestic needs and the international standing of this industry, with more than one-third of the nominal capacity of the country's petrochemical industry.
Breaking News
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.
Daily domestic gas consumption exceeds 530 million cubic meters
Gas consumption in the domestic, commercial, and small industrial sectors increased as temperatures dropped in the second week of December, reaching a peak of 530 million cubic meters on December 12, bringing total weekly consumption to more than 3.65 billion cubic meters.
Two new contractors join Yadavaran development project
The executor of the Yadavaran Oil Field Development Plan announced that the final results were announced following the tenders for the surface work packages in the Yadavaran Oil Field Development Plan. He said: The implementation of two important operational packages, including the construction of wellhead facilities and pipelines, was assigned to Bina Design and Construction Companies and Khatam al-Anbia (PBUH) Construction Headquarters.
Incorrect energy pricing policies have reduced investment incentives
Arash Najafi criticized the lack of attention to consumption management and incorrect energy policies, saying that inaction in recent years has faced the country with inflation of nearly 1,000 percent, and without implementing optimization programs, any price reform will only increase economic pressure.
Modernization of Isfahan Refinery Control Systems in Final Stages
The project manager for the modernization of control systems at the Isfahan Refinery said: "As the first refinery in Iran, the Isfahan Refinery will ensure its sustainable production for years to come by using modern control systems instead of old pneumatic systems."
Extensive reforms in fuel consumption; daily reduction of 5 million liters of oil and gas
The Deputy Minister of Planning of the Ministry of Oil announced that continuing the "production-oriented" approach is not only economically unfeasible, but also technically impossible, stating: "Effective cooperation between executive agencies and coordination with the Islamic Consultative Assembly and the private sector are the conditions for success in the new path of energy efficiency."
The domestic oil, gas and petrochemical industry exhibition begins in Assaluyeh
Sakhvat Asadi, CEO of the Pars Energy Special Economic Zone, stated at the opening ceremony of the exhibition: "Asaluyeh, as the beating heart of Iran's energy industry, is hosting an event that can strengthen the domestic supply chain and pave the way for the development of new technologies."
95 percent of fixed petrochemical equipment was domestically manufactured
The CEO of the National Petrochemical Industries Company pointed to the annual need for about $2 billion in foreign equipment in the industry and emphasized: With middle managers' trust in the capabilities of domestic companies and manufacturers' commitment to quality and delivery time, Iran can be turned into a large construction workshop.
60-year-old petrochemical units without renovation will be eliminated from global competition
The Vice President of Development and Business of the Persian Gulf Petrochemical Industries Company said: "Continuing the operation of old petrochemical industry units that are 60 years old, without modernization and technological upgrading, will remove them from the cycle of global competition and even profitability."
Oil Minister: Recruitment in the oil industry should be done in a competitive and fair environment
The Minister of Oil emphasized the need to create a fair competitive environment to attract graduates from all universities to the oil industry, saying: "We are trying to increase the absorption capacity in line with the needs of the oil industry."
