Abadan Petrochemical Company: A 50-year legacy that went bankrupt

Abadan Petrochemical Company: A 50-year legacy that went bankrupt

Abadan Petrochemical, as the first petrochemical complex in Iran, is facing a paradox between “oldness” and “efficiency” today, on the eve of its sixth decade of operation. This company, which was once a symbol of Iran’s industrial modernity, is now struggling with structural challenges in the production chain and a food supply crisis, despite its 14 percent share in the country’s PVC supply; a situation that has tied the survival of this strategic unit to ownership reform and infrastructure modernization.

100,000 barrels increase in oil production in the oil-rich areas of the south; a big step towards the Seventh Plan

100,000 barrels increase in oil production in the oil-rich areas of the south; a big step towards the Seventh Plan

Within this framework, the southern oil-rich regions, by simultaneously focusing on maintaining production, developing fields, improving operational readiness, and increasing the resilience of facilities, were able to increase the average daily crude oil production by about 100,000 barrels in the operational scope of the Karun, Marun, Aghajari, Masjed Soliman, and Gachsaran oil and gas exploitation companies, while compensating for the natural decline in reservoirs; an increase that was the result of a series of field, technical, and managerial measures and highlights the decisive role of this company in the sustainable supply of energy to the country.

آخرین اخبار

Significant reduction in theft from oil pipelines this year

Significant reduction in theft from oil pipelines this year

The CEO of the Iranian Oil Pipelines and Telecommunications Company announced a significant reduction in theft from pipelines this year and said: "The phenomenon of theft of petroleum products from crude oil and petroleum product transmission lines has been one of the serious challenges of the oil industry in recent years, but with effective and targeted measures, we have been able to control this problem to a large extent."
Behran Oil’s presence at Iran Expo

Behran Oil’s presence at Iran Expo

Behran Oil Company participated in the seventh Iran Expo exhibition, which will be held from May 28 to 3 at the Permanent Exhibition Center in Tehran.
Dispatching HSE experts from the oil industry to Shahid Rajaee Pier

Dispatching HSE experts from the oil industry to Shahid Rajaee Pier

The Director General of the HSE of the Ministry of Oil announced the dispatch of expert groups and HSE of the Ministry of Oil and the National Petroleum Refining and Distribution Company following the incident at Shahid Rajaee Port in Bandar Abbas, and said: "On the orders of the Minister of Oil, a group of officials and experts in the field of HSE of the oil industry was immediately dispatched to the area."
Increasing petrochemical cooperation between Iran and Africa

Increasing petrochemical cooperation between Iran and Africa

The CEO of the National Petrochemical Industries Company said: "There is good potential for cooperation with African countries to develop relations in the petrochemical industry, and there is a possibility of expanding cooperation based on supplying feedstock from Iran."
Is there a power outage coming?

Is there a power outage coming?

Referring to the 8% increase in electricity consumption compared to last year and the restrictions on the use of hydroelectric power plants due to low rainfall this year, Tavanir Company announced: Electricity subscribers can be informed of their electricity restrictions schedule by entering their bill ID on the website of the distribution companies and the My Electricity System.
36% increase in power plant fuel deliveries

36% increase in power plant fuel deliveries

The CEO of the National Iranian Petroleum Products Distribution Company announced a 36% increase in the delivery of power plant fuel (oil, gas, and furnace oil) in the first 33 days of this year (April 1 to May 2) compared to the same period last year.