Injecting 117 million cubic meters of gas into power plants to stabilize the electricity grid
The CEO of the National Iranian Gas Company, referring to the coordinated and favorable performance in the gas production chain to refining, announced the injection of 117 million cubic meters of natural gas into the country's power plants.
Oil Minister: Sustainable liquid fuel provided for power plants
The Minister of Petroleum stated that in order to supply gas to power plants, we have delivered a cumulative 3.5 billion cubic meters of gas to power plants since the beginning of this year, and added: "Also, liquid fuel has been supplied to power plants in appropriate and stable volumes so that our dear compatriots do not face any problems or shortages in terms of electricity supply and their electricity needs are fully provided."
Bandar Imam becomes the giant of Iran’s petrochemical paper projects
Bandar Imam Petrochemical, the beating heart of the downstream chain of Iran's petrochemical industry, is currently facing a $1.4 billion project; a project that, in relation to the company's 8 trillion tomans profit, has raised serious questions about the economic logic, financing method, and the silence of Persian Gulf Holding.
Breaking News
Interpreting the OPEC+ nightmare in the Iran-US nuclear symphony
OPEC+'s Nightmare Interpretation in the Iran-US Nuclear Symphony Oil and energy investors are anxiously watching the Tehran-Washington nuclear talks and preparing themselves for the major price shock the market will experience. On the other hand, the risk of a no-deal and a dream between Iran and the US also threatens the stability of global markets.
Signing of Memorandums of Understanding to Expand Oil Cooperation between Iran and Iraq
According to the Minister of Oil, memorandums of understanding have been signed to expand Iranian and Iraqi oil cooperation in various fields, including offshore exploration and the transfer of associated gases from Iraqi border fields to Iran to supply feedstock for NGL units with the participation of the private sector.
Historical record of fuel consumption in Nowruz
The head of the Faraj Traffic Police announced that in the Nowruz 1404 project, the historical record of fuel consumption was broken with 164 million liters on March 19, and traffic also increased by 5.5 percent compared to last year.
The need to attract investment in upstream oil and gas
A member of the Energy Commission of the Islamic Consultative Assembly announced the event of transformation in investment and development in Iran's upstream oil and gas sector as an effective step in the year of investment for production, and said: "Introducing investment fields will provide the opportunity to attract capital in various fields of the oil and gas industry and upstream industries."
Minister of Energy: The key to solving the country’s electricity industry problems is improving the economic situation
Stating that the Ministry of Energy can be a successful model for realizing the slogan of national unity, the Minister of Energy stated: "Economic reform of the water and electricity industry is one of the main tools for solving existing problems in the water and electricity industry and eliminating imbalances."
60,000 liters of smuggled crude oil discovered in Maroon area
The National Southern Oilfields Company's security forces, with the vigilance of their forces, were able to seize two tankers carrying 60,000 liters of crude oil and hand over the thieves to law enforcement authorities.
Value-creating investment, maximum production, exploitation of Phase 2 of Sabalan Petrochemical and entry into the capital market
At the first meeting of the Petrofarhang Holding's Board of Directors in 1404, the CEO of the holding emphasized the necessity of implementing the slogan of the year as Petrofarhang's supreme goal and explained the strategies and major policies for this year.
The oil and gas industry is one of the best places to invest in manufacturing
The CEO of the National Southern Oilfields Company considered investing in the oil industry a suitable opportunity for economic activists, saying: "Lower risk and high returns have made investing in the oil industry an opportunity."
Pakistan eyes Tehran-Washington agreement to revive peace gas pipeline
A possible agreement between Iran and the United States could lift Washington's sanctions on Iranian gas exports to Pakistan and revive the Peace Gas Pipeline to ensure Islamabad's energy security.
The development of the Kish gas field has finally taken off; is Touraj Dehghani or Persian Gulf Holding involved?
After a long period of stagnation and uncertainty over the fate of the Kish gas field development plan, new news is now reporting progress in drilling in the field and the completion of the ninth well; an event that coincides with rumors of the field being transferred to Persian Gulf Holding and has also raised speculation about the role of Touraj Dehghani, CEO of Pars Oil and Gas. Is the Kish gas field on the verge of a high-profile transfer to the petrochemical sector?
