11 billion dollar project with an empty account; Dangerous game of banks in Azadegan oil field
The last condition of Mohsen Paknejad for the implementation of the Azadegan oil field contract is to deposit 800 million dollars to the account of Dasht Azadegan Arvand Company. A condition that banks have been unable to fulfill until today.
Refining and Distribution CEO: Technological opportunities in the refining industry are vast; the move towards data-driven management is gaining momentum
The CEO of the National Iranian Petroleum Products Refining and Distribution Company, emphasizing the move towards data-driven management and smart fuel chain, said: "The opportunity for technological and data-driven work in the refining and distribution industry is very broad. What is important in this path is the right direction, prioritizing issues, and defining effective cooperation models."
Getting to know Iran’s petrochemical holdings; this part of the Persian Gulf
Persian Gulf Petrochemical Industries Holding, as the second largest petrochemical holding in the Middle East and the largest player in this industry in Iran, plays a key role in meeting domestic needs and the international standing of this industry, with more than one-third of the nominal capacity of the country's petrochemical industry.
Breaking News
Why is LPG burned instead of collected?
Part of the liquefied gas produced by South Pars is being burned due to the halt of infrastructure projects and administrative obstacles, which means a waste of billions of national wealth that could have generated foreign exchange for the country.
Using artificial intelligence in fuel smuggling cases
The Chief Justice of Tehran Province said: "The court's decision ordered financial tracking in fuel smuggling cases. The necessary measures are currently being taken to conduct financial tracking, and reports indicate that artificial intelligence platforms are being used to conduct financial tracking."
Persian Gulf Holding or Mostazafan Foundation? Which one will win the development of the Kish gas field?
After years of stagnation, ignorance, and uncertainty, the name of the Kish gas field is now on the lips again, and news indicates that the first phase of this field has been completed and it is ready to produce 28 million cubic meters of gas per day. But what has put the Kish gas field on the verge of a major change is the dire need for investment for the second, third, and even fourth phases; a project that requires about $8 billion in financial resources; meanwhile, rumors indicate that Persian Gulf Holding is the most serious option to enter this field.
Water industry spokesperson recounts special measures to prevent unauthorized withdrawal from agricultural wells
Emphasizing the need to take special measures to prevent over-abstraction and unauthorized extraction in authorized and unauthorized agricultural wells, the spokesperson for the country's water industry said: "In Table 7, Article 37 of the Seventh Development Plan, it is predicted that agricultural water consumption will reach 65 billion cubic meters and 15 billion cubic meters of imbalances will be eliminated."
The fifth refinery of the South Pars Gas Complex supplies 7% of the gas delivered to the refineries in the region annually.
The manager of the fifth refinery of the South Pars Gas Complex said at the weekly production and review meeting of the South Pars Gas Complex's strategic projects: "We have been able to record an annual supply of 7 percent of the total gas delivered by the country's refineries to the National Gas Company by using innovative knowledge and 100 percent use of domestic goods."
Behran Oil’s presence at Iran Expo
Behran Oil Company participated in the seventh Iran Expo exhibition, which will be held from May 28 to 3 at the Permanent Exhibition Center in Tehran.
Suspicious changes in nominal capacity; transparency missing from Shazand Petrochemical reports
Shazand Petrochemical Company announces a new number for nominal capacity in every interpretative report; a behavior that has made the percentage of capacity realization in this company always seem desirable, but the basis for its calculation is questioned by analysts and shareholders.
Is Babak Zanjani free and active? / Judiciary: There is no prohibition on his economic activity!
A spokesman for the judiciary confirmed that Babak Zanjani, convicted in a major oil corruption case, is currently on leave and, according to an official announcement, there is no legal prohibition on his economic activities.
An unprecedented 13.6% increase in electricity demand
A spokesman for the electricity industry said: "Due to the premature heat, the growth in demand for electricity consumption has increased by about 13.6 percent."
Significant reduction in theft from oil pipelines this year
The CEO of the Iranian Oil Pipelines and Telecommunications Company announced a significant reduction in theft from pipelines this year and said: "The phenomenon of theft of petroleum products from crude oil and petroleum product transmission lines has been one of the serious challenges of the oil industry in recent years, but with effective and targeted measures, we have been able to control this problem to a large extent."
