
From reckless policymaking to official warning to petrochemicals; Iran’s propylene market at risk
Despite the special capabilities in developing the propylene value chain, due to excessive licensing and lack of sound policymaking by the National Petrochemical Company, this market is becoming saturated and is on track to suffer a similar fate to methanol production units.

Get to know one of the most modern refineries in Iran, Bandar Abbas Oil Refinery
Bandar Abbas Oil Refining Company, as one of the 10 largest refineries in the country, plays a key role in providing Iran with the energy and products it needs. The refinery was built on an area of about 770 hectares, 20 kilometers west of Bandar Abbas city and on the northern shore of the Persian Gulf, and went into operation in 1997 with an initial capacity of 232,000 barrels per day.

Iran’s electricity is caught in false pricing; power plants don’t even cover their maintenance costs
The CEO of Jamco said: "The electricity economy in Iran is paralyzed; power plants are not even making ends meet for their repairs, let alone building new ones." He warned that incorrect electricity pricing has caused investors to flee the sector and that the electricity imbalance is deepening every year.
Breaking News

“Arvand”, a major player in the PVC industry, entered the stock market

Oil Technology Park with three strategic missions, on the path of digital transformation and consumption management

Formation of a special working group to accelerate the collection of flare gases

Synergy between university, research institute, and technology park; the driving force behind innovation in the oil industry

Iran’s refineries are far from Nelson’s global standard; the future of the refining industry is uncertain

Iran’s new oil production record in July: 3.27 million barrels per day, approved by the Energy Agency

Developing energy infrastructure with private sector participation; Iran on the path to attracting capital and regional competition

Gas exports to Iraq and Türkiye remain intact

Deputy Oil Minister Admits to 350 Million Cubic Meters of Gas Unbalance
