Historic overhaul in Shazand, disruption in supply, and new hope for Sharak shareholders
Shazand Petrochemical Company will enter one of the largest overhauls in the last decade on June 7th; at the same time, disruptions in land transportation have challenged the complex's feedstock and affected production and sales; but perhaps the most promising news for shareholders is the reform of the feedstock pricing method starting in July.
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.
Breaking News
Improving the safety level of Asaluyeh petrochemical plants
The Director of Health, Safety, Environment and Passive Defense at the National Petrochemical Industries Company announced the identification of high-risk petrochemical areas and tanks in the Pars Special Economic Energy Zone (Asalovia) and said: "A project to improve the safety level of tanks in this area is being implemented."
From Iran to Uzbekistan; Tashkent’s Far Reach for Development in the Petrochemical Sector
Joint investment with Iran in the petrochemical sector is only part of the Tashkent government's broad goals for developing its industries, and it seems that Iran's share in this field can increase further with appropriate and calculated policies and investments.
Oil Minister: We took over the power plant reserves with a 45% reduction
Pointing out that when the 14th government started, the level of power plant reserves decreased by about 45% compared to the same period last year, the oil minister said: "Now we are trying to compensate for the decrease in reserves at this point in time by increasing production as well as imports."
Relying on price policies is one of the solutions to overcome the energy imbalance issue
The former CEO of the National Company for Refining and Distribution of Petroleum Products said: Resolving the energy imbalance requires long-term planning and the necessary measures to reduce the energy imbalance should be prioritized.
The strange supply of 1.3 billion liters of diesel from the Abadan refinery in the 13th government
More than 1.3 billion liters of diesel produced by Abadan Refinery in the months of July and August (at the same time as the critical days of power plant fuel storage) have been offered in the international ring of the energy exchange.
CEO of the National Oil Products Distribution Company in an interview with Energy Press:
preparation to pass the hard winter; Increasing the production and distribution of alternative fuels
A significant decrease in fuel reserves of power plants at the beginning of autumn sounded the alarm of fuel shortage in the cold season. However, the CEO of the National Oil Products Distribution Company announced the implementation of comprehensive plans to increase the production and distribution of alternative fuels and assured that with the cooperation of other agencies, the problem of supplying fuel to power plants will be solved in winter.
Unveiling of the regulations of the Supreme Council of Inspection and Responding to Petrochemical Industry Complaints
The head of inspection and response to complaints of the National Petrochemical Industries Company said: Simultaneously with the holding of the first conference of inspection and response to complaints of the Iranian petrochemical industry, the regulations of the Supreme Council of Inspection and Response to Complaints of this industry will be unveiled.
Electricity demand increased by 2%
The growth of electricity demand since the beginning of this year has been reported as 4.82%.
Examining the latest status of joint investment projects with foreign countries with the presence of the Minister of Oil
The meeting to review the latest status of joint investment projects with foreign countries was held with the presence of the Minister of Oil.
Resolving the energy imbalance is not only for the oil industry, all institutions must cooperate
The former CEO of Iran's National Gas Company emphasized the need for the cooperation of all institutions and elements of society to resolve the energy imbalance and said: Solving the imbalance of gasoline and other energy carriers is not only for the Ministry of Oil and its subsidiaries.
