Iran’s oil discount to China reaches its highest level in a year

Iran’s oil discount to China reaches its highest level in a year

As a new wave of sanctions from the United States, Britain and the European Union target sales of Russian and Iranian oil, trade sources told Reuters that discounts on Iranian oil for Chinese customers have reached their widest in more than a year, reaching as much as $10. Reduced oil import quotas for independent Chinese refiners have also added to the pressure.

Breaking News

Major repairs of the Izomax unit of Isfahan Refinery

Major repairs of the Izomax unit of Isfahan Refinery

For the first time, during the overhaul of the Isomax Unit 1, internal components of the reactors of this unit will be removed, rebuilt, and installed, which will play an important role in improving processes and productivity.
For the first time in the country, Hengam launches technical and vocational training in petrochemicals

For the first time in the country, Hengam launches technical and vocational training in petrochemicals

With the signing of a quadrilateral memorandum of understanding between the country's Technical and Vocational Education Organization, Hengam Petrochemical on behalf of Persian Gulf Holding, Bushehr Governorate, and Pars Special Economic Energy Zone Organization, the first technical and vocational training center for advanced and supplementary oil, gas, and petrochemical skills will be launched at the initiative of the Persian Gulf Petrochemical Industries Group and named "Persian Gulf".