The Yellow Dragon’s Addiction to Iranian Oil / Billion-Dollar Savings for Chinese Refineries
Estimates by the Kepler Institute show that China purchased over 80% of Iran's exported oil in 2025, with daily imports averaging around 1.38 million barrels, equivalent to approximately 13% of China's total seaborne oil imports.
Member of the European Parliament: Trump is after Iran’s oil
Mantro stated at the European Parliament meeting with the EU's Foreign Policy Chief, Kajsa Kallas, that Trump is after Iran's oil.
Transfer of 12% of the country’s crude oil processing to the private and non-governmental sector
The investment and business manager of the National Iranian Oil Company said: With the implementation of rapid equipment projects for factory construction (skid-mounted) under the public-private partnership model, 12% of the country's crude oil processing is carried out by the private non-governmental sector.
Breaking News
The story of a billion dollars of Iranian LPG that went up in smoke
While the CEO of the National Oil Company speaks of a shortage of LPG for export, the company's official statistics show that more than a billion dollars of this valuable gas has been burned in flares due to mismanagement.
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.
