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."

Getting to know Iran’s petrochemical holdings; this part of the Persian Gulf

Persian Gulf Petrochemical Industries Holding, as the second largest petrochemical holding in the Middle East and the largest player in this industry in Iran, plays a key role in meeting domestic needs and the international standing of this industry, with more than one-third of the nominal capacity of the country's petrochemical industry.

Breaking News

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.

The household sector accounts for 80% of the country’s gas consumption

A spokesman for the National Iranian Gas Company announced that 80 percent of the total gas delivered to the network was consumed in the domestic, commercial, and small industries sectors as the weather got colder, saying: "The domestic, commercial, and small industries sectors consumed 692 million cubic meters on Tuesday.

45% share of Persian Gulf Star Refinery in supplying the country’s fuel basket

The site manager of a South Pars gas complex considered the role of the refineries in this complex to be strategic in supplying feed to the Persian Gulf Star Refinery, saying: "Since the beginning of this year, more than 135 million barrels of gas condensate have been sent from all South Pars refineries to the Persian Gulf Star Refinery."

Gas supply project to Qeshm Island, Industrial Park, Qeshm Power Plant

The head of the Iranian Gas Engineering and Development Company announced the start of gas injection operations for 50 kilometers of the 30-inch Bandar Abbas-Laft-Gorzin pipeline projects and the 16-inch branch of the Persian Gulf Industrial Park.

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.