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.

Getting to know Iran’s petrochemical holdings; this is Petroculture’s episode

Petrofarhang Holding, the economic arm of the Farhangian Reserve Fund, has been able to consolidate its position as one of the main players in Iran's petrochemical industry in recent years, focusing on methanol production and developing petrochemical projects, and has emerged from losses with significant growth in production and profitability.

Breaking News

Attracting investors to the oil industry plays an effective role in advancing development projects and the country’s economic prosperity

The CEO of the Petroleum Engineering and Development Company emphasized the key role of investment in the oil industry, calling it the driving force of sustainable economic development, and announced the company's readiness to attract domestic and foreign capital in development projects.

Can the US prevent Iranian oil exports to China?

Iranian oil reaches China via shadowy tankers that are difficult to track; now that the US has lost some of its influence due to the tariff war, this task has become more difficult than before.

5,000 MW renewable power plant to be built in cooperation with the Chinese

A member of parliament announced that there will be no change in gasoline prices and announced the construction of a 5,000-megawatt renewable power plant in cooperation with the Chinese.

Digital transformation at Shahid Hasheminejad Gas Refinery with the aim of sustainable development

The digital transformation roadmap was unveiled at the Shahid Hasheminejad Gas Refinery with the aim of sustainable development and technological modernization of the country's gas industry.

The necessary permits for the South Pars pressure boosting project have not yet been obtained

First, the authorities should have obtained the necessary permits for this purpose and then proceeded to sign the contract. However, the pressure-increasing contract has already been signed but the necessary permits have not yet been obtained, and this will lead to a prolonged pressure-increasing process.

Iranian Oil Innovation Event to be Held at Tehran International Exhibition Hall

The Iran Oil Innovation Event (NIOC Innovative Summit 2025) will be held concurrently with the 29th International Oil, Gas, Refining and Petrochemical Exhibition, in Hall 37A (IHIT Hall), the permanent venue of Tehran International Exhibitions.

Management of Masjed Suleiman Oil Field Development Plan Changed

With the official transfer of management of the Masjed Suleiman Oil Field Development Plan to the Petroleum Engineering and Development Company, preliminary technical and operational activities to enhance production from this historic field began.

Carrying out microtunneling operations in the passage of the Ahvaz-Kuhdasht gas pipeline

The head of the Iranian Gas Engineering and Development Company said: For the first time in this company, the microtunneling method was used to pass the Ahvaz-Kuhdasht gas pipeline through the Karun River.

Why is LPG burned instead of collected?

Part of the liquefied gas produced by South Pars is being burned due to the halt of infrastructure projects and administrative obstacles, which means a waste of billions of national wealth that could have generated foreign exchange for the country.

Using artificial intelligence in fuel smuggling cases

The Chief Justice of Tehran Province said: "The court's decision ordered financial tracking in fuel smuggling cases. The necessary measures are currently being taken to conduct financial tracking, and reports indicate that artificial intelligence platforms are being used to conduct financial tracking."