Showy MoUs Have Grounded Iran LNG Project
The Iran LNG project, which began in the 1980s with the aim of making Iran a major player in the global liquefied natural gas market, is now facing numerous technical and economic challenges. Despite the signing of a new memorandum of understanding between the Iranian Natural Gas Liquefaction Company and the Petroleum Industries Engineering and Construction Company, experts believe that without cooperation with Western companies, the implementation of the project will be impossible.
Iranian shipping giant brought to its knees; Asadollah Imamjuma and his son placed on US blacklist
The Trump administration has sanctioned the Iranian shipping giant in new, draconian sanctions against Iran's oil and gas sales.
Energy self-sufficiency in the petrochemical industry; Persian Gulf Holding’s multi-billion dollar step in developing solar power plants
Persian Gulf Holding, with its massive $2 billion plan to build a 5,000-megawatt solar power plant, is seeking self-sufficiency in energy supply and reducing dependence and pressure on the national grid.
Breaking News
Government spokesman: People will not be surprised about the increase in the price of gasoline
The government spokesman said: As has been emphasized many times, people will not be surprised about the increase in the price of gasoline.
Consequences of Iran-Russia gas contract
The gas contract between Iran and Russia can have important consequences for the region and, first of all, it will turn Iran into the hub of the region and bring Russian gas to India.
Gasoline subsidy in the name of people for the sake of airlines
The widespread misuse of energy subsidies, especially in the air transport sector, has become a serious problem. Airlines earn huge profits by receiving huge fuel subsidies, and on the other hand, they do not reduce ticket prices. Meanwhile, the government annually pays billions of tomans in fuel subsidies to these companies in order to reduce the cost of air travel for people.
CEO of Persian Gulf Holding:
Chemical parks projects have not been stopped; The first park comes to life in Chabahar
The CEO of Persian Gulf National Petrochemical Company stated that the project of chemical parks has not been stopped and announced that the first park in Chabahar will be started within the next two months.
Formation of a special working group for the development of CNG in the country
The CEO of the National Oil Products Refining and Distribution Company, referring to the Ministry of Oil's planning to diversify the vehicle fuel portfolio and develop the CNG industry, said: "There are many challenges facing the CNG operators, which the Oil Ministry is trying to solve by solving these challenges and reforming the business model, in addition to Protecting the interests of stakeholders and guaranteeing the economy of incumbents will pave the way for the development of the CNG industry.
Hawayar’s great achievement in the field of air and gas separation
Oil and gas after sales service unit of Hawayar Industrial Group succeeded in Overhaul and successfully launched ASU package in one of the countries of the region.
The transfer of 70 billion liters of the country’s oil in the first half of 2024
The CEO of Iran Oil Pipelines and Telecommunications Company emphasized the full readiness of the oil transportation industry for winter fuel transportation, pointing out that 70 billion liters of petroleum products have been sent throughout the country during the first 6 months of this year.
Tension in the Strait of Hormuz is a serious threat to oil exporters in the Persian Gulf
Saudi Arabia, Bahrain, Qatar, and the United Arab Emirates carry out most of their oil exports through the Strait of Hormuz, and any tension in this region can seriously disrupt the energy exports of these countries and, as a result, global markets.
What effect does the escalation of tensions between Iran and Israel have on oil prices?
Analysts say, what is happening in the oil market today is a fire under the ashes. Although the decrease in concerns about the possibility of the Zionist regime attacking oil targets in Iran has reduced the excess risk rate these days and contributed to the drop in oil prices, it cannot last in the long term. What's more, the disruption in Iran's oil exports will make the oil market more risky.
Two workers died in the Shushtar refinery fire
Director of Public Relations of Jundishapour University of Medical Sciences Ahvaz announced the death of two workers injured in the explosion of Pars Petro Shoshtar Refinery.
