Meet Hengam Petrochemical, Iran’s newest urea producer

Meet Hengam Petrochemical, Iran’s newest urea producer

Located in the heart of the South Pars energy region, Hengem Petrochemical has not only become one of the largest producers of ammonia and urea in the country, but also, with the completion of its new phases, is ready to play a more important role in Iran's food security and foreign exchange earnings.

The dark fleet of Iran, Russia and Venezuela has reached nearly 1,000 ships

The dark fleet of Iran, Russia and Venezuela has reached nearly 1,000 ships

Bloomberg reported in a new report that nearly 978 tankers are operating in the so-called “dark fleet,” a network that supports oil exports from Iran, Venezuela and Russia and accounts for about 19 percent of the global fleet. The data comes as a large tanker was seized near Venezuela, which was previously under U.S. sanctions for its involvement in transporting Iranian oil.

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The Oil Legacy of the 13th Government: Null Contracts

The Oil Legacy of the 13th Government: Null Contracts

The 13th government, with its plethora of oil promises and grandiose contracts, left behind a record full of failures and broken promises. From the $40 billion memorandum of understanding with Russia's Gazprom to the €9 billion Shahid Soleimani refinery project, none of them were completed.
Water shortage warning; critical condition of dam reserves

Water shortage warning; critical condition of dam reserves

The spokesperson for the country's water industry reported a 41 percent decrease in rainfall compared to the long-term average and a sharp drop in dam reserves in some areas, and warned of a water crisis in provinces with low rainfall.
Liquid fuel delivery to power plants increased by 6 billion liters

Liquid fuel delivery to power plants increased by 6 billion liters

The CEO of the National Iranian Petroleum Products Distribution Company announced the total amount of liquid fuel delivered to the country's power plants since the beginning of the year at 20 billion 800 million liters, saying: "This amount has increased by 6 billion liters compared to the same period last year."
$780 billion in revenue through the implementation of the pressure-raising plan

$780 billion in revenue through the implementation of the pressure-raising plan

The executive of the strategic plan for increasing pressure in the South Pars gas field, referring to the details of this huge and strategic project, said: "With the implementation of this plan, the field's recovery rate will increase from 54 percent to 75 percent and will have an economic value of $780 billion for the country."