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

Privatization of the petrochemical industry completed

The head of the Privatization Organization said: "65 petrochemical companies have been transferred to the private sector and the government no longer has a meaningful stake in this industry, and the creation of a regulatory body is essential to organize the market and support competitiveness."

Southern Oil Regions Company seeks to reduce gas flaring

The CEO of the National Southern Oilfields Company announced plans to reduce gas flaring by 200 million cubic feet per day this year.

Increasing the country’s gas production by 80 million cubic feet per day

The CEO of Petropars Group announced the commissioning of the first in-field gas well (Infill) on the SPD1 platform, Phase 1 of South Pars, and said: "This well will add about 80 million cubic feet to production capacity daily."

801 million liters of gasoline were consumed during the June holidays

Between June 12 and 17 of this year, more than 801 million liters of gasoline were distributed and consumed in the country, which means that the average daily gasoline consumption during this period exceeded 133 million liters.

Azadegan Oil Field Project Caught in the Limbo of Indecision by the Implementation Board

New members of the Implementation Board have not been introduced, and there are even whispers of its closure. This uncertainty has caused damage to oil projects, especially the suspension of the Azadegan Integrated Development Contract.

24% decrease in water reserves in the country’s dams

The amount of water reserves in dams on the 10th of Khordad 1403 (1924) exceeded 35 billion cubic meters, which, when compared to the current volume of water reserves in dams, indicates a 24% decrease in the country's dam water reserves.

2 vessels carrying smuggled fuel seized in Persian Gulf

A judicial official announced the seizure of two vessels carrying smuggled fuel in the waters of the Persian Gulf.

Iran emphasizes bilateral talks on Arash gas field

The Foreign Ministry spokesman announced: "Iran has always emphasized constructive cooperation with the Kuwaiti government in the field of energy, especially regarding the Arash gas field and the joint exploitation of its resources, based on bilateral negotiations and the history of previous talks."

Petrochemical industry seeks sustainable management of water resources with recycling technology

The Director of Health, Safety, Environment and Passive Defense at the National Petrochemical Industries Company said: "The petrochemical industry emphasizes managing water resources by recycling and using wastewater."

Iran-US talks raise oil prices

Oil prices rose on Tuesday as concerns about supply increased due to media claims that talks between Iran and the United States may not reach a conclusion, while the dollar weakened.