A worn-out drilling industry has become a bane of Iran’s oil production growth

Mohsen Paknejad plans to increase oil production by drilling new wells, but the wear and tear of worn-out rigs, sanctions, and the role of the drilling mafia have turned the Oil Minister's miracle into a nightmare.

Countdown begins for new gas contract; Ashgabat-Tehran-Ankara axis to be activated

Based on the agreements made, Turkmenistan's gas exports to Turkey via Iran were to be activated starting today, which has strategic benefits for all three countries.

Which Iranian petrochemicals are aromatic?

In the country's petrochemical industry, aromatic petrochemicals play an important role in this industry by converting naphtha feedstock and gas condensates into valuable products such as gasoline. Currently, Persian Gulf Holding is considered the largest producer of aromatic products in the country. This holding owns three important petrochemicals: Bandar Imam Petrochemical, Bu Ali Sina Petrochemical, and Nouri Petrochemical.

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The special region of Pars needs a specialized customs office for oil and gas industries

The CEO of the National Iranian Oil Company, in a meeting with the managers of the Pars Special Zone Organization, said: This organization can be implemented as a successful model of the non-industrial operations company in other oil regions of the country.

Petropars’ efforts to help solve the country’s gas imbalance in winter

The head of Petropars Group said: Helping to solve the gas imbalance in the winter of 1403 is one of the most important approaches of this group.

Iranian oil is the cheapest option for Chinese buyers

According to experts, China is taking advantage of the risk of buying oil from Iran in the context of western sanctions against Tehran as a pressure lever to reduce the price and increase its bargaining power.

Iran became the exporter of pneumatic material transfer systems for the petrochemical industry

The CEO of Daneshbanyan Rapco, as the first domestic manufacturer of pneumatic material transfer system (PCS), announced the export of this system and its technical and engineering services.

The heart of Gachsaran polymer is Iranian/saving one million euros by localization

The three sensitive reactors of this project are the heart of the process of the heavy polyethylene production unit that is being built by the industrial group of new process energy reactors in Ahvaz.

The downward trend of Iran’s heavy oil prices

The latest OPEC monthly report showed that the price of Iranian heavy oil resumed its downward trend last month.

Electricity demand hit double 10-year average this year

While the average consumption growth in the last 10 years was 4.7%, this year the demand has grown twice the 10-year average (6400 megawatts).

The development plans of the oil industry were reviewed and approved in the meeting of the Economic Council

The development and exploitation plan of Somar, Saman and Delavaran oil fields and the development and stabilization of Abadan refinery capacity were reviewed and approved during the first meeting of the Economic Council in the 14th government.

With the discovery of a new gas field, does Pakistan not need Iran’s gas?

These days, the news of the discovery of Pakistan's gas field has become news, along with Iran's demand for compensation from Pakistan, and the question has arisen whether Pakistan will continue its joint project with Iran after discovering the oil field!

Pakistan: American pressure is the main obstacle to the gas pipeline with Iran

Pakistan's defense minister clearly blamed the US for the delay in the gas pipeline project with Iran and said that Islamabad should involve every other country related to the project in order to complete the agreement.