Mismanagement brought petrochemical production to zero
Production in Khorasan, Lordegan, Kermanshah, Zagros, Sabalan, Kimia Pars, and many other urea and methanol petrochemical plants has dropped to zero; why? Because the only prescription of all governments to overcome the gas crisis is to close the gas valve of petrochemical plants.
Growth in oil production and exports despite economic recession
Central Bank statistics indicate a 1.1% growth in oil production and exports in the first half of 1404; a growth achieved during an economic recession and alongside a 0.6% decrease in the country's gross domestic product.
The Yellow Dragon’s Addiction to Iranian Oil / Billion-Dollar Savings for Chinese Refineries
Estimates by the Kepler Institute show that China purchased over 80% of Iran's exported oil in 2025, with daily imports averaging around 1.38 million barrels, equivalent to approximately 13% of China's total seaborne oil imports.
آخرین اخبار
Fluctuations in Iranian oil prices over the past 5 years
The average price of Iranian heavy oil in 2024, based on statistics provided by the Organization of the Petroleum Exporting Countries (OPEC), was $79.71 per barrel.
Construction of 56-inch line begins to strengthen the central gas corridor
The construction of a 56-inch gas pipeline from Pol-e-Kale to Tiran to strengthen Iran's central gas transmission corridor has begun.
Iran’s oil revenues exceeded $46 billion last year
OPEC figures show that Iran's revenue from oil exports will exceed $46 billion in 2024 by more than $5.6 billion (an increase of 14%).
A comprehensive system for domestic oil industry contracts was launched
The legal director of the National Iranian Oil Company announced the launch of a "comprehensive system for domestic contracts" and said: "This system covers the contract process from beginning to end and is a major step towards agility, mechanization, and reducing human errors in the legal field of the oil industry."
Petrofarhang is ready to sell shares in Kian Petrochemical
With the aim of improving the composition of its investment portfolio, Petrofarhang Company has issued a call to identify applicants for the purchase of shares of Kian Petrochemical and invited investors to express their readiness to participate in the auction.
Getting to know Iran’s petrochemical companies; this part is Kermanshah
Kermanshah Petrochemical Complex, one of the key centers for chemical fertilizer production in western Iran, plays a prominent role in the province's industrial and economic development with the aim of meeting the region's agricultural needs and reducing dependence on urea imports. The complex, benefiting from its rich natural gas resources and specialized human resources, has become one of the pillars of Iran's petrochemical industry.
The critical water tariff has been canceled for now
The Ministry of Energy's new plan to implement a crisis water tariff by charging the cost of supplying water from consumers above the model was not approved by the Cabinet for approval and notification and has been canceled for now.
Electricity consumption in the country decreased by 600 megawatts
The Director General of the Electricity Network Engineering and Management said about the successful implementation of the 100 Nights, 100 Visits project aimed at reducing the effects of electricity waste in the country: "This project has so far resulted in savings of 600 megawatts in electricity consumption."
Implementation of the plan to transfer seawater to the Isfahan refinery
The CEO of the Isfahan Oil Refinery announced the start of the trial operation of the first phase of the project to transfer water from the sea to Isfahan Province, saying: "With the operation of this project, about 700,000 cubic meters of water needed by this refinery will be provided monthly in this way."
The latest status of Tehran’s dam reserves was announced
Tehran's dam reserves have decreased by 277 million cubic meters compared to the same day last year, while last year was also a dry year, and this issue indicates the high severity of the drought in Tehran these days.
