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
Even with the shutdown of industries, domestic gas is running low!
An energy expert warned about a sharp decline in gas production in the country, emphasizing that without immediate investment of up to $70 billion in gas fields, Iran's gas production will drop to 500 million cubic meters per day within 3 to 5 years, while domestic consumption in the winter will reach 650 to 700 million cubic meters.
Kermanshah Petrochemical: From gas shortage to production surge; urea and ammonia hit record highs
Kermanshah Petrochemical started 2025 with a significant jump in production; the more than doubling of ammonia and urea production in the first two months of this year compared to the same period last year has put this complex on the path to establishing its position in the methane value chain.
Iran will transform from an exporter to an importer of petrochemical products within the next three years
A petrochemical expert warns that the country's excessive focus on the limited production of certain products such as methanol and urea is the Achilles' heel of the petrochemical industry, and says that if balanced development is not carried out in this area to produce MTO units and the like, within the next few years Iran will not only not be able to export petrochemical and chemical products, but will also become an importer.
Power plant reserves are 80% higher this year than last year
Power plant fuel reserves were at their lowest levels, but over the course of 6 months we witnessed record-breaking production, transportation, and distribution of products.
South Pars project pending action by implementing companies to secure financial facilities
The Deputy Director of the National Development Fund announced that the companies implementing the South Pars Gas Field Pressure Boosting Project have not yet applied for financial facilities through the operating bank, despite our readiness to provide financing.
Increasing gas cooperation between Iran and Turkmenistan
The Iranian Oil Minister and the Turkmenistan Foreign Minister emphasized the deepening of cooperation between the two countries in the fields of oil and gas and examined areas for expanding cooperation.
Sabalan Petrochemical Production Capacity Reduced Due to Gas and Oxygen Shortage
The CEO of Sabalan Petrochemical Company announced a reduction in the company's production capacity due to a shortage of oxygen, water, and gas.
Accelerating the development of Aban and Paydar Gharb oil fields by signing two new drilling contracts
In order to accelerate the development operations of the Paydar Gharb oil field, two important contracts were signed in the field of subsurface drilling with the aim of optimizing and facilitating implementation processes.
Will Chinese buyers of Iranian oil suffer losses if sanctions are lifted?
The possible lifting of US sanctions on Iranian oil exports could deal a severe blow to Chinese refineries that have thrived on refining discounted Iranian oil.
3 gas fields to be handed over to steel industries
The CEO of the National Oil Company, referring to the problems of industries in the field of gas cuts in some seasons of the year, said: "A measure was taken to make two or three gas fields available to steel companies so that these complexes can also participate in production."
