30% of the country’s non-oil exports are from the petrochemical industry

The investment manager of the National Petrochemical Industry Company said: We are obliged to solve as many challenges and problems as possible so that the development of the industry takes place, because the petrochemical industry accounts for about 8% of the gross domestic product and 30% of non-oil exports are made from the petrochemical industry.

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."

Breaking News

Bloomberg: Iran’s oil sales to China have slowed

Successive rounds of sanctions against companies and tankers allegedly helping Tehran have finally slowed Iranian oil sales to China.

Iraq’s exemption from importing gas from Iran revoked; Baghdad searches for a new alternative

The cancellation of Iraq's exemption from importing gas from Iran and the end of Iraq's electricity sector's dependence on Tehran will provide a good opportunity for the GCC countries to participate in Iraq's energy sector.

Details of the $17 billion South Pars Pressure Boosting Project Contract

Today, the National Iranian Oil Company signed one of the largest contracts in the history of the oil industry with Petropars, Khatam al-Anbia Construction Headquarters, OIC, and MAPNA, worth approximately $17 billion.

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

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."

Strengthening the friendship and rivalry between Tehran and Ankara

In recent years, Iran and Türkiye have been in serious competition to become a regional gas hub, and the Turkmenistan-Iran-Turkey project emphasizes this and increases cooperation between the two countries.

Will the plan to transfer fuel quotas from cards be implemented?

The plan to transfer gasoline quotas from fuel cards to bank accounts is one of the latest changes in fuel distribution policies in Iran, which was proposed to increase transparency, prevent smuggling, and improve fuel consumption management. This idea has been discussed several times in recent years, and finally, a contract for the pilot implementation of this plan was signed yesterday.