Oil Minister: Sustainable liquid fuel provided for power plants

Oil Minister: Sustainable liquid fuel provided for power plants

The Minister of Petroleum stated that in order to supply gas to power plants, we have delivered a cumulative 3.5 billion cubic meters of gas to power plants since the beginning of this year, and added: "Also, liquid fuel has been supplied to power plants in appropriate and stable volumes so that our dear compatriots do not face any problems or shortages in terms of electricity supply and their electricity needs are fully provided."

Bandar Imam becomes the giant of Iran’s petrochemical paper projects

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.

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Time to transfer fuel quota to bank card

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."
National Refining and Distribution Company electrifies Tehran’s engines

National Refining and Distribution Company electrifies Tehran’s engines

The National Iranian Petroleum Refining and Distribution Company, in the role of the grand coordinator, is set to sign a memorandum of understanding to modernize Tehran's motor courier fleet in cooperation with the Ministry of Transportation, banks, municipalities, and online transportation platforms.
Production in oil fields drops by up to 60 percent!

Production in oil fields drops by up to 60 percent!

The CEO of the National Southern Oilfields Company announced: "The longer the life of oil fields, the higher the natural decline in production; compared to the early 1990s, this decline has increased by about 60 percent."