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.
China’s oil imports from Iran increase after new quotas issued
China's independent refiners have increased their intake of Iranian crude oil after Beijing issued a new round of import quotas late last month.
Breaking News
More than 21 million barrels of oil and products pass through the Strait of Hormuz per day
According to data from the international institute Kpler, total exports of crude oil and petroleum products through the Strait of Hormuz reached more than 21 million barrels per day in May 2025.
Gas rationing in Egypt: the first consequences of Israel’s war against Iran
Following the escalation of military conflicts between the Zionist regime and Iran and the cessation of gas production from the regime's main fields, Egypt has faced a sharp decline in gas imports and has begun rationing gas in fertilizer and petrochemical plants to deal with this crisis.
Fire breaks out in two fuel storage tanks in Tehran due to Israeli attack
A fire has broken out in a storage tank for petroleum products at the Naftkan oil depot, and efforts to extinguish and contain the fire have begun. A fuel tank in southern Tehran was also hit by a projectile.
Araqchi: Attack on Assaluyeh is a blatant aggression and a very dangerous act
The Iranian Foreign Minister said in a meeting with ambassadors and representatives of foreign countries in Tehran: "The attack on Assaluyeh is a clear aggression and a very dangerous act. Dragging the conflict to the Persian Gulf is a strategic mistake and its goal is to drag the war outside of Iranian territory."
Reuters report on Israeli attack on South Pars gas field facilities
Reuters reported in an exclusive report that gas production in Phase 14 of the South Pars Joint Field - the world's largest gas field - has been partially halted following an Israeli airstrike on Iranian energy facilities.
Escalating Iran-Israel conflict turns Persian Gulf energy markets red
As reciprocal attacks between Iran and Israel escalated and vital energy facilities were targeted, a wave of concern swept through the Persian Gulf stock markets; the region's stock markets faced a significant decline.
The number of illegal miners discovered by in the country has increased fivefold
Since the beginning of this year, more than 8,500 unauthorized mining devices have been identified and collected, a five-fold increase compared to the same period last year.
Fire on a ship carrying methanol at the Bushehr dock
Mojtaba Khalidi stated: At 11:05 on Monday, June 11, 2021, a report of a fire on a ship was received at the Kaveh Methanol Company dock, and an ambulance and two semi-heavy assistance vehicles were immediately dispatched to the scene.
Iran’s heavy oil transportation capacity increased
The Deputy Director of Operations in the Production Management of the National Southern Oilfields Company said: "With the operation of the newly constructed 30-inch line for transporting light oil from the West Karun fields, the 36-inch Ahvaz-Omidiyeh export pipeline has once again been dedicated to transporting heavy oil."
Oil Minister: Iran’s oil sales decline is not true
Rejecting the claim of a decrease in Iranian oil exports, the Oil Minister said: "The Ministry of Oil is ready to deploy a rig in the Arash field, but the implementation of this plan is dependent on the outcome of border negotiations and official notification from the Ministry of Foreign Affairs."
