Meet Hengam Petrochemical, Iran’s newest urea producer

Meet Hengam Petrochemical, Iran’s newest urea producer

Located in the heart of the South Pars energy region, Hengem Petrochemical has not only become one of the largest producers of ammonia and urea in the country, but also, with the completion of its new phases, is ready to play a more important role in Iran's food security and foreign exchange earnings.

The dark fleet of Iran, Russia and Venezuela has reached nearly 1,000 ships

The dark fleet of Iran, Russia and Venezuela has reached nearly 1,000 ships

Bloomberg reported in a new report that nearly 978 tankers are operating in the so-called “dark fleet,” a network that supports oil exports from Iran, Venezuela and Russia and accounts for about 19 percent of the global fleet. The data comes as a large tanker was seized near Venezuela, which was previously under U.S. sanctions for its involvement in transporting Iranian oil.

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Investment opportunities in the Pars Special Energy Zone

Investment opportunities in the Pars Special Energy Zone

The Director of Economic Development and Investment of the Pars Special Energy Zone Organization described investment in oil and gas projects, transformation industries, and downstream petrochemicals as attractive, saying: "With the completion of infrastructure and transformation industries, many job opportunities will be created in the region."
23 oil and gas exploration blocks on land and offshore were introduced

23 oil and gas exploration blocks on land and offshore were introduced

With the aim of accelerating the exploration of hydrocarbon resources and attracting investment, the National Iranian Oil Company has introduced 23 exploration blocks on land and sea, with the total in-situ oil and gas reserves of these blocks estimated at more than 193.8 billion barrels and 783 trillion cubic feet, respectively.
Interpreting the OPEC+ nightmare in the Iran-US nuclear symphony

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.