11 billion dollar project with an empty account; Dangerous game of banks in Azadegan oil field

The last condition of Mohsen Paknejad for the implementation of the Azadegan oil field contract is to deposit 800 million dollars to the account of Dasht Azadegan Arvand Company. A condition that banks have been unable to fulfill until today.

Refining and Distribution CEO: Technological opportunities in the refining industry are vast; the move towards data-driven management is gaining momentum

The CEO of the National Iranian Petroleum Products Refining and Distribution Company, emphasizing the move towards data-driven management and smart fuel chain, said: "The opportunity for technological and data-driven work in the refining and distribution industry is very broad. What is important in this path is the right direction, prioritizing issues, and defining effective cooperation models."

Getting to know Iran’s petrochemical holdings; this part of the Persian Gulf

Persian Gulf Petrochemical Industries Holding, as the second largest petrochemical holding in the Middle East and the largest player in this industry in Iran, plays a key role in meeting domestic needs and the international standing of this industry, with more than one-third of the nominal capacity of the country's petrochemical industry.

Breaking News

Iran’s aviation fuel consumption reaches more than 1.5 billion liters

The head of the Iranian Aviation Refueling Department announced the consumption of more than 1.5 billion liters of aviation fuel in 1403, saying: "This figure has increased by about 100 million liters compared to the same period in 1402."

Latest statistics on the status of dam reservoirs; 36 dams have less than half the water

According to the latest statistics on the status of the country's major dam reservoirs, 36 dams have less than 50 percent water.

Announcement of the official selling price of Iranian oil in April

According to the National Iranian Oil Company, the price of Iranian oil in April 2025 will be offered to Asian customers about $4 above the base price (Oman/Dubai crude oil price).

The latest statistics on the country’s dams; the critical situation of water reservoirs

According to the latest statistics from the beginning of the water year until March 17, 15 of the country's dams have less than 20 percent water, and the volume of water in the reservoirs is 44 percent.

The need to identify opportunities and challenges for the development of the country’s petrochemical industry in the next 20 years

The CEO of the National Petrochemical Industries Company emphasized diversifying target markets and examining and identifying opportunities and challenges for the development of the country's petrochemical industry in the next 20 years.

Water Industry Spokesperson: We Will Not Have Water Rationing Next Year

A spokesperson for the country's water industry said: "We will not have water rationing next year because this will harm the welfare of our compatriots and water facilities, but we will implement strict consumption management."

Illegal sanctions show that the oil minister did its job properly

Government spokeswoman Fatemeh Mohajerani called the sanctions on the oil minister illegal.

The country’s gasoline consumption increased to more than 132 million liters

As Nowruz travelers began their journeys at the beginning of this week, the country's daily gasoline consumption reached more than 132 million liters on Sunday, March 16, 2024.

Aref: Making Iran a regional energy trade hub is the government’s main strategy

The First Vice President said at the first meeting of the "Regional Energy Trade Steering Committee": "The Islamic Republic of Iran must become the regional energy trade center, and achieving this goal is of great importance to the 14th government and is part of our strategies that we are pursuing seriously."

Fuel card prices at gas stations across the country will increase during the Nowruz holiday

The spokesperson for the country's gas station owners' association announced an increase in the number of fuel cards issued by gas stations across the country during Nowruz.

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