Getting to know Iran’s petrochemical holdings; this is Parsian Oil and Gas
Parsian Oil and Gas Petrochemical Holding is one of the major players in the country's petrochemical industry, which, with about 20 percent of Iran's production capacity and complexes such as Pardis and Zagros, has earned the title of the country's largest urea producer and one of the most important methanol producers in the Middle East.
$700 million in gasoline savings by expanding ridesharing
Hossein Mirafazli, an energy expert, says: If only 10 percent of intracity trips are shared, about two million liters of gasoline will be saved daily, which is equivalent to more than $700 million in annual savings for the Iranian economy.
Getting to know Iran’s petrochemical holdings; this is Petroculture’s episode
Petrofarhang Holding, the economic arm of the Farhangian Reserve Fund, has been able to consolidate its position as one of the main players in Iran's petrochemical industry in recent years, focusing on methanol production and developing petrochemical projects, and has emerged from losses with significant growth in production and profitability.
Breaking News
20-ring increase in completed oil wells in one year
The National Iranian Drilling Company announced that 72 oil wells were completed in the first half of this year, an increase of 20 compared to the same period last year.
Arak Machine Manufacturing Board Resigns Over Petrochemical Project
This resignation is related to a project called Hirsa Polymer Sahand Petrochemical, which has serious uncertainties about how it will be handed over to a second-hand contractor.
Moscow’s energy exports to Central Asia are decreasing; can Iran replace Russia?
Following Ukraine's attacks on Russian oil refineries and the reduction in the country's fuel exports to Central Asia, Iran has a unique opportunity to fill Russia's void in regional markets. But can Iran seize this opportunity despite sanctions and domestic challenges?
Excessive consumption of household gas: the secret behind two-thirds of winter air pollution in Iran
Hossein Mirafazli, an energy expert, emphasized the need to change the home heating pattern, saying: "The high rate of gas consumption in the domestic sector indicates a huge waste of energy in the country, and the share of gas in home heating should be gradually reduced to 20 to 30 percent over five years, and replaced by electricity."
South Pars is ready for winter; ensuring the sustainability of gas production in the cold season
With the successful completion of major repairs on 35 South Pars platforms, Pars Oil and Gas Company announced that it is ready to provide the country with sustainable gas supply during the winter season. The operation was carried out over a six-month period and involved upgrading process and safety equipment.
The economic value of gas extracted from South Pars exceeded $520 billion
The South Pars gas field, which supplies 70 percent of the country's gas, has entered a natural pressure drop phase. Implementing a pressure-boosting plan with the aim of maintaining production, preventing gas migration to Qatar, and increasing the recovery rate is a vital step in managing the country's gas balance.
Yadavaran field development enters new phase; official production from first well of capacity expansion plan
With the successful launch of the F43 well in the Yadavaran joint field, the plan to increase production in this field has entered the implementation phase. As the first of 24 new wells, this well has achieved sustainable production by relying on domestic capacity and complying with safety and environmental requirements.
Abadan, the Origin of Iranian Oil: The Story of the Country’s Largest Refinery
The Abadan Refinery, as the first and largest oil refinery in the Middle East, with a history of over a century, continues to play a key role in supplying petroleum products to Iran and the region. At its peak, the refinery became the largest refinery in the world, with a refining capacity of 520,000 barrels per day, and is a symbol of the self-sufficiency and resilience of the Iranian oil industry.
Major repairs of 35 South Pars platforms completed without incident
Sepahdar Abbaszadeh, Deputy Chief of Operations of Pars Oil and Gas Company, announced the successful completion of major repairs to 35 production platforms in the South Pars Joint Field. The operation was completed with 150,000 man-hours and without incident, and has prepared the company for a stable gas supply during the cold season.
National Iranian Gas Company presented various financial models for implementing priority projects
Saeed Pakseresht, Director of Integrated Planning at the National Iranian Gas Company, announced at the first meeting of the investment forum in the gas industry that comprehensive participation and diverse financial models have been envisaged for the implementation of priority projects. He emphasized that the investment path is transparent and that preliminary studies have been conducted.
