Getting to know Iran’s petrochemical companies; this is Kimia Pars Middle East
Kimia Pars Middle East Company, one of the important players in Iran's petrochemical industry, has achieved an influential position in recent years in the fields of foreign exchange earning, sustainable production, and development of global markets, relying on methanol production and 100% export of its products.
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.
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Increase in global oil prices due to sanctions against Iran
As the United States reimposed sanctions on Iranian oil exports, crude oil prices rose in global markets.
Interpreting the OPEC+ nightmare in the Iran-US nuclear symphony
OPEC+'s Nightmare Interpretation in the Iran-US Nuclear Symphony Oil and energy investors are anxiously watching the Tehran-Washington nuclear talks and preparing themselves for the major price shock the market will experience. On the other hand, the risk of a no-deal and a dream between Iran and the US also threatens the stability of global markets.
Signing of Memorandums of Understanding to Expand Oil Cooperation between Iran and Iraq
According to the Minister of Oil, memorandums of understanding have been signed to expand Iranian and Iraqi oil cooperation in various fields, including offshore exploration and the transfer of associated gases from Iraqi border fields to Iran to supply feedstock for NGL units with the participation of the private sector.
Historical record of fuel consumption in Nowruz
The head of the Faraj Traffic Police announced that in the Nowruz 1404 project, the historical record of fuel consumption was broken with 164 million liters on March 19, and traffic also increased by 5.5 percent compared to last year.
The need to attract investment in upstream oil and gas
A member of the Energy Commission of the Islamic Consultative Assembly announced the event of transformation in investment and development in Iran's upstream oil and gas sector as an effective step in the year of investment for production, and said: "Introducing investment fields will provide the opportunity to attract capital in various fields of the oil and gas industry and upstream industries."
Minister of Energy: The key to solving the country’s electricity industry problems is improving the economic situation
Stating that the Ministry of Energy can be a successful model for realizing the slogan of national unity, the Minister of Energy stated: "Economic reform of the water and electricity industry is one of the main tools for solving existing problems in the water and electricity industry and eliminating imbalances."
60,000 liters of smuggled crude oil discovered in Maroon area
The National Southern Oilfields Company's security forces, with the vigilance of their forces, were able to seize two tankers carrying 60,000 liters of crude oil and hand over the thieves to law enforcement authorities.
Value-creating investment, maximum production, exploitation of Phase 2 of Sabalan Petrochemical and entry into the capital market
At the first meeting of the Petrofarhang Holding's Board of Directors in 1404, the CEO of the holding emphasized the necessity of implementing the slogan of the year as Petrofarhang's supreme goal and explained the strategies and major policies for this year.
The oil and gas industry is one of the best places to invest in manufacturing
The CEO of the National Southern Oilfields Company considered investing in the oil industry a suitable opportunity for economic activists, saying: "Lower risk and high returns have made investing in the oil industry an opportunity."
Pakistan eyes Tehran-Washington agreement to revive peace gas pipeline
A possible agreement between Iran and the United States could lift Washington's sanctions on Iranian gas exports to Pakistan and revive the Peace Gas Pipeline to ensure Islamabad's energy security.
