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

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.

A 25% increase in the limit of the contract between the Northern Drilling Company and Caspian Oil

Shamal Drilling Company, the exploratory drilling contractor in the Caspian Sea, announced an increase of 25% of the initial contract amount in some contract cases with the Caspian Oil Company.

Breaking News

Expanding governors’ powers in managing electricity consumption

The spokesman for the electricity industry said: "Following the order of the Honorable President of the Republic, the share of energy available to each province was announced and the implementation of consumption management plans within the determined electricity consumption ceiling was entrusted to the governors."

The National Petrochemical Industries Company was awarded the top ranking in electricity consumption management

The Greater Tehran Power Distribution Company commended the National Petrochemical Industries Company for managing electricity consumption in the summer of 1403.

Approval of conditions for issuing a special gasoline import license

The head of the Center for Improving the Business Environment announced: "The conditions for issuing a license to import special gasoline were approved at the 87th meeting of the Deregulation Board, and its import work sheet was postponed to the next meeting. Also, the work sheet for licensing online gold sales platforms will be determined soon."

2 contracts for the manufacture of applied equipment for the drilling industry were signed

The National Iranian Drilling Company and two domestic knowledge-based manufacturing companies signed two contracts to manufacture equipment used in the drilling industry at the 29th International Oil, Gas, Refining and Petrochemical Exhibition.

The listing of Arvand Petrochemical shares on the stock exchange will increase market depth and gain shareholder trust

According to a capital market expert, the initial public offering of Arvand Petrochemical shares benefits the market from two perspectives: it will both improve the quality of the stock exchange and pave the way for investors to make profits.

Increasing electricity generation capacity in thermal power plants for the summer

The CEO of the Thermal Power Company announced a 4,000 megawatt increase in the electricity generation capacity of thermal power plants for this summer.

Time to transfer fuel quota to bank card

The CEO of the National Petroleum Products Distribution Company announced the beginning of the process of transferring fuel quotas from smart fuel cards to personal bank cards and said: "According to the 1404 budget law, this plan must be implemented by the end of July."

Persian Gulf Petrochemical Industries’ support for domestic investments and projects

Persian Gulf Petrochemical Industries Company and the Petroleum Industry Research and Technology Fund signed a cooperation agreement to support the company's investments, domestic manufacturing projects, and knowledge-based and research activities.

7 Memorandum of Understanding with the University of Petroleum Industry for scientific and research development

The Petroleum Industry University signed seven memorandums of understanding with the aim of scientific development, research, and enhancing the university's position in the oil industry.

Bandar Imam Petrochemical, the country’s largest petrochemical company, is ready to enter the capital market

In order to accelerate the process of accepting Bandar Imam Petrochemical's shares in the capital market, a joint meeting was held with the presence of the CEOs of Bandar Imam Petrochemical, Iran's Farabourse Company, and Modabaran Eqtesad Investment Company.

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