A worn-out drilling industry has become a bane of Iran’s oil production growth
Mohsen Paknejad plans to increase oil production by drilling new wells, but the wear and tear of worn-out rigs, sanctions, and the role of the drilling mafia have turned the Oil Minister's miracle into a nightmare.
Countdown begins for new gas contract; Ashgabat-Tehran-Ankara axis to be activated
Based on the agreements made, Turkmenistan's gas exports to Turkey via Iran were to be activated starting today, which has strategic benefits for all three countries.
Which Iranian petrochemicals are aromatic?
In the country's petrochemical industry, aromatic petrochemicals play an important role in this industry by converting naphtha feedstock and gas condensates into valuable products such as gasoline. Currently, Persian Gulf Holding is considered the largest producer of aromatic products in the country. This holding owns three important petrochemicals: Bandar Imam Petrochemical, Bu Ali Sina Petrochemical, and Nouri Petrochemical.
Breaking News
The reason for the continuation of Tehran-Beijing oil exchange
According to experts, the recent sanctions of the Biden government to put pressure on Iran's oil sales to China will not achieve the desired result of Washington due to the nature of the oil buyers as well as the strategic alliance between Iran and China.
Agreement between Azerbaijan, Iran and Russia on the passage of goods through the North-South corridor
The representatives of Azerbaijan, Iran and Russia transport sector exchanged views on facilitating the crossing with the aim of realizing the annual goal of 15 million tons of the North-South crossing, after getting the detailed situation of the border crossing.
Online registration of fuel card application has started in Iran
Owners of new numbered cars can register their fuel card request by visiting the site https://fcs.niopdc.ir and follow the process of issuing it through this site.
Iran’s electricity consumption increased by 10%
The Director General of Energy Affairs and Customers of the Electricity Industry said: Last week, electricity consumption reached 70,550 megawatts, which shows a huge growth compared to the same period last year.
Bushehr nuclear power plant was re-connected to the national electricity grid
The president of the power plant and CEO of the Bushehr Nuclear Power Plant Operation Company said: After successful repairs and annual refueling, the Bushehr Nuclear Power Plant was connected to the national power grid again.
The lifting of sanctions on Venezuela threatens oil projects with Iran
One year after the Iran-Venezuela cooperation agreement for the development of the country's oil and petrochemical industry, due to the change in Venezuela's political positions and the country's proximity to the United States, the possibility of the loss of cooperation between the two countries, especially in the field of oil and gas, has been strengthened.
Explaining the details of the reward for the management of electricity consumption in Iran’s industries
Director General of Energy and Customers Affairs Tawanir announced the details of the bonus for industrial electricity consumption management and said: The implementation of load management programs in the industrial sector has been adjusted compared to last year.
The production of all Iranian refineries will be Euro 5
The Minister of Oil said: All common fields have been assigned assignments.
How much CNG gas is consumed daily in Iran?
A member of the Board of Directors of the CNG trade association said: On average, the daily sale of CNG is about 20 million cubic meters, which sometimes goes up to about 24 million cubic meters, which is equivalent to 20 million liters of gasoline.
The first phase of gasoline production unit of Tehran oil refinery will be launched
The CEO of Tehran Oil Refining Company announced the launch of the first phase of the gasoline production unit of this complex by the end of the year and said: This unit is now more than 77% physically advanced and we hope to be operational by July 2025.
