Bandar Imam becomes the giant of Iran’s petrochemical paper projects

Bandar Imam becomes the giant of Iran’s petrochemical paper projects

Bandar Imam Petrochemical, the beating heart of the downstream chain of Iran's petrochemical industry, is currently facing a $1.4 billion project; a project that, in relation to the company's 8 trillion tomans profit, has raised serious questions about the economic logic, financing method, and the silence of Persian Gulf Holding.

harvesting more than 51% of Iran’s oil reserves; The necessity of acceleration in the development of increased technologies

harvesting more than 51% of Iran’s oil reserves; The necessity of acceleration in the development of increased technologies

The Director of Research and Technology of the National Iranian Oil Company, announcing that more than 51% of the country's recoverable oil reserves have been harvested, emphasized: the countries of the region have moved with increasing speed towards the use of new technologies for increased harvesting, and Iran is bound to accelerate the development and localization of these technologies in order to protect the remaining reserves and sustainable production.

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Privatization of the petrochemical industry completed

Privatization of the petrochemical industry completed

The head of the Privatization Organization said: "65 petrochemical companies have been transferred to the private sector and the government no longer has a meaningful stake in this industry, and the creation of a regulatory body is essential to organize the market and support competitiveness."
24% decrease in water reserves in the country’s dams

24% decrease in water reserves in the country’s dams

The amount of water reserves in dams on the 10th of Khordad 1403 (1924) exceeded 35 billion cubic meters, which, when compared to the current volume of water reserves in dams, indicates a 24% decrease in the country's dam water reserves.
Iran emphasizes bilateral talks on Arash gas field

Iran emphasizes bilateral talks on Arash gas field

The Foreign Ministry spokesman announced: "Iran has always emphasized constructive cooperation with the Kuwaiti government in the field of energy, especially regarding the Arash gas field and the joint exploitation of its resources, based on bilateral negotiations and the history of previous talks."
Iran-US talks raise oil prices

Iran-US talks raise oil prices

Oil prices rose on Tuesday as concerns about supply increased due to media claims that talks between Iran and the United States may not reach a conclusion, while the dollar weakened.