Arvand Petrochemical Production Halted Following Mahshahr Electricity Imbalance

Arvand Petrochemical announced in a Kodali announcement that the company's production activities will be suspended from August 21, 2026; a suspension that was implemented following the notification of the National Petrochemical Industries Company and in line with the management of electricity consumption in the Mahshahr region. Arvand announced that due to power restrictions and outages, all production activities of the company have been suspended until further notice and the time for production to resume depends on the resumption of electricity.

When does Ghadir Petrochemical’s PVC production go back to before the war?

In response to shareholders' questions, Ghadir Petrochemical announced that the company's production until the end of this year and next year depends on the amount of feed received from Arvand Petrochemical, and that EDC supply from other sources, including imports, is in progress. Ghadir also announced the possibility of the country's PVC supply returning to pre-war levels if electricity costs decrease, and announced the current chlorine price at about 570,000 rials per kilogram.

Ariasassol Petrochemical Olefin Unit Returns to Production at 70% Capacity

Ariasassol Petrochemical Company announced in a press release that the olefin unit has returned to production at 70% capacity. According to the company's announcement, the light polyethylene unit has been taken out of production due to limitations in the provision of ancillary services and performance priorities.

آخرین اخبار

Get to know the Persian Gulf Star Refinery, the largest gasoline producer in Iran

The Persian Gulf Star Refinery, Iran's largest gasoline producer and the world's largest gas condensate refinery, plays an unparalleled role in Iran's energy supply by producing more than 45 percent of the country's fuel portfolio.

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.

New gas pricing system aims to support low-consumption consumers and achieve subsidy justice

The Director of Coordination of Gas Supply Affairs at the National Iranian Gas Company announced: "The new natural gas pricing system, in addition to supporting low-consumption and low-income groups, creates the necessary incentive to save and optimize consumption in unproductive economic sectors, and this is an important step towards sustainable energy supply and achieving justice in the distribution of subsidies."

Gas consumption pattern correction to be applied to subscribers’ bills from mid-November

The spokesperson for the National Iranian Gas Company announced that the implementation of the resolution to amend the natural gas consumption pattern has begun in early October, saying: "Since the period for reading subscribers' gas meters is 45 days, the gas bill amendments will be fully implemented from mid-November."

Petrochemical Investment Manager: Capital Market Can Become the Financing Engine for Petrochemical Projects

The Investment Manager of the National Petrochemical Company emphasized that the government's duty is not to be an operator, but rather to be a policymaker and regulator, and said: "Global experience shows that the appropriate combination of government support and freedom of action for the private sector brings the best results in attracting capital and sustainable development."

Untold secrets of the Crescent case: Billions in fees for Iranian lawyers in exchange for an offer of 8 Emirati cents

During the Ahmadinejad administration, some people without the necessary expertise entered the case and made wrong decisions. While, according to documents, some Iranian lawyers received between one and one and a half percent of the export amount as a fee. In contrast, the Emirati side had offered a much lower figure, around 8 cents per unit of gas.

Localization of technical knowledge for casting 42-inch centrifugal pumps in the oil industry

The executor of the Gore-Jask crude oil pipeline construction project said: "Relying on the power of knowledge-based companies and domestic manufacturers, Matan Company succeeded in localizing the technical knowledge of casting the body of 42-inch centrifugal pumps."

Tavakoli: $42 billion investment is projected for the gas industry

He pointed out that the National Iranian Gas Company has taken effective steps today towards efficiency and optimization of energy consumption, adding: "Among the projects implemented in this regard is the pilot of Karvar companies in seven provinces of the country, which, according to predictions, will lead to an increase in energy efficiency of more than 10 percent."

Iran is the world’s third largest gas producer, but it is one of the worst consumers

The CEO of the National Gas Company emphasized the need to reform the energy consumption pattern, develop micro-investments, and improve productivity at the International Conference on Investment and Financing of the Oil, Gas, and Petrochemical Industries.

20-ring increase in completed oil wells in one year

The National Iranian Drilling Company announced that 72 oil wells were completed in the first half of this year, an increase of 20 compared to the same period last year.

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