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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Average daily gas consumption in power plants reached 306 million cubic meters

Power plant gas consumption remained at its highest level in the week ending August 10, bringing the average daily consumption of this sector to more than 306 million cubic meters.

Stabilizing production of 55,000 barrels of crude oil with technical reforms at Karun Company

Karun Oil and Gas Exploitation Company has taken a major step in increasing production capacity by implementing technical and operational reforms in upstream and downstream facilities, while stabilizing daily production of 55,000 barrels of crude oil.

Why has Iran not been successful in building refineries?

Refining expert Mehdi Mohseni, referring to the global energy transition trend, emphasizes that developing and building new refineries without improving the demand side will not lead anywhere. In his opinion, the main solution is to increase the complexity factor and create additional units in existing refineries.

Increasing gas transmission capacity in the north of the country

The Director of Region 4 of Iran's Gas Transmission Operations announced: By transferring the second compressor of the Farouj gas booster station to the Ramsar station, gas transmission capacity will be improved during the cold season and the infrastructure of gas booster stations in the north of the country will be strengthened.

Significant growth in drilling operations in the oil-rich areas of the south; 40 wells in four months

The Deputy CEO of the National Iranian Drilling Company announced the drilling and completion of 48 oil and gas wells in the first four months of this year in the country's onshore and offshore areas.

Resolving gas export issues and financial claims between Iran and Iraq

In a meeting with the Iraqi Minister of Electricity, the Minister of Oil emphasized resolving the issues of gas exports and financial demands, saying: "We will soon see a resolution to both issues of the quantity of gas exports to Iraq and the receipt of gas demands."

US launches new round of oil sanctions against Iran

In the 14th round of oil sanctions since 2018, the United States imposed the most extensive set of sanctions against Iranian oil exports.

The legal mask on the face of fuel smuggling; what is behind the dangerous game of mini-refineries?

While the government has resorted to imports to supply fuel, the widespread smuggling of subsidized diesel under the guise of mini-refineries is generating millions of dollars in profits for brokers every day; a structural phenomenon that exports national subsidies abroad with official permission.

Drilling of 10 wells in South Azadegan field completed

The Deputy CEO of the National Iranian Drilling Company for Drilling Projects said: "With the cooperation and synergy between the company's specialists and the Petroleum Engineering and Development Company (METEN), the implementation of the drilling project of 10 wells in the South Azadegan oil field has reached its final stage, and the project was completely handed over to the employer for operation after being put into operation."

What is Bu Ali Sina Petrochemical’s strategy to continue making profits?

While Bu Ali Sina Petrochemical Company managed to produce beyond its nominal capacity in 1403, Mohammad Ahmadzadeh, the company's CEO, announced the company's plans to surpass this record, increase the share of foreign exchange sales, and focus on producing high value-added products. Bu Ali's strategy is a combination of infrastructure development, export portfolio diversification, and agility in feedstock supply.