South Pars reaches operational self-sufficiency
South Pars announced that it will meet the majority of its operational needs by relying on domestic capacity and cooperation with knowledge-based companies; a path that has brought the complex to the threshold of industrial independence by localizing more than 15,000 components and creating a smart supply chain.
China’s oil imports from Iran increase after new quotas issued
China's independent refiners have increased their intake of Iranian crude oil after Beijing issued a new round of import quotas late last month.
Meet Mobin Energy Persian Gulf, one of the world’s largest centralized utilities
Mobin Energy Persian Gulf Company, as one of the largest centralized utility units in the world, with an area of over 88 hectares in Phase One of the South Pars Special Economic Zone in Assaluyeh, plays a key role in providing energy and infrastructure services for petrochemical complexes.
Breaking News
Iran-US nuclear talks stabilize oil and gas/Why has Trump’s trade war worried investors?
News of progress in the Iran-US nuclear talks eased investors' concerns about disruptions to oil supplies and helped stabilize prices over the past business week.
Oil Minister: Pressure on South Pars with Iranian contractors to begin soon
Oil Minister: Pressure on South Pars with Iranian contractors will begin soon. In this event, more than 200 investment and financing opportunities in various areas, including the development of 100 oil and gas fields, will be presented to investors.
$6 billion oil guarantee fund launched
Oil Minister Mohsen Paknejad also unveiled a new tool called "PetroCrad," which for the first time allows for the attraction of small public funds through the capital market.
Showy MoUs Have Grounded Iran LNG Project
The Iran LNG project, which began in the 1980s with the aim of making Iran a major player in the global liquefied natural gas market, is now facing numerous technical and economic challenges. Despite the signing of a new memorandum of understanding between the Iranian Natural Gas Liquefaction Company and the Petroleum Industries Engineering and Construction Company, experts believe that without cooperation with Western companies, the implementation of the project will be impossible.
Iranian shipping giant brought to its knees; Asadollah Imamjuma and his son placed on US blacklist
The Trump administration has sanctioned the Iranian shipping giant in new, draconian sanctions against Iran's oil and gas sales.
The 29th International Oil, Gas, Refining and Petrochemical Exhibition will be held
The poster for the 29th International Iranian Oil, Gas, Refining and Petrochemical Exhibition was unveiled with the slogan "Investment in the oil industry, a guarantee of economic growth and development."
The key role of increasing the attractiveness of oil contracts in the development of oil fields
Amidst the challenges of sanctions and regional competition, Iran's oil industry is seeking to increase its attractiveness and attract investors by redefining its oil contracts; a development that could free the vital oil arteries from restrictions and open a new horizon for development and international cooperation.
Energy self-sufficiency in the petrochemical industry; Persian Gulf Holding’s multi-billion dollar step in developing solar power plants
Persian Gulf Holding, with its massive $2 billion plan to build a 5,000-megawatt solar power plant, is seeking self-sufficiency in energy supply and reducing dependence and pressure on the national grid.
Iran-US nuclear talks stabilize oil and gas/Why has Trump’s trade war worried investors?
News of progress in the Iran-US nuclear talks eased investors' concerns about disruptions to oil supplies and helped stabilize prices over the past business week.
We need more collective effort and coordination to address the energy imbalance
A member of the Energy Commission of the Islamic Consultative Assembly considered that eliminating the energy imbalance requires comprehensive cooperation and said: "The efforts of the National Iranian Gas Company in supplying gas to all parts of the country last winter should be a model for other organizations."
