Historic overhaul in Shazand, disruption in supply, and new hope for Sharak shareholders
Shazand Petrochemical Company will enter one of the largest overhauls in the last decade on June 7th; at the same time, disruptions in land transportation have challenged the complex's feedstock and affected production and sales; but perhaps the most promising news for shareholders is the reform of the feedstock pricing method starting in July.
Even with the shutdown of industries, domestic gas is running low!
An energy expert warned about a sharp decline in gas production in the country, emphasizing that without immediate investment of up to $70 billion in gas fields, Iran's gas production will drop to 500 million cubic meters per day within 3 to 5 years, while domestic consumption in the winter will reach 650 to 700 million cubic meters.
Kermanshah Petrochemical: From gas shortage to production surge; urea and ammonia hit record highs
Kermanshah Petrochemical started 2025 with a significant jump in production; the more than doubling of ammonia and urea production in the first two months of this year compared to the same period last year has put this complex on the path to establishing its position in the methane value chain.
Breaking News
5,000 MW renewable power plant to be built in cooperation with the Chinese
A member of parliament announced that there will be no change in gasoline prices and announced the construction of a 5,000-megawatt renewable power plant in cooperation with the Chinese.
Digital transformation at Shahid Hasheminejad Gas Refinery with the aim of sustainable development
The digital transformation roadmap was unveiled at the Shahid Hasheminejad Gas Refinery with the aim of sustainable development and technological modernization of the country's gas industry.
The necessary permits for the South Pars pressure boosting project have not yet been obtained
First, the authorities should have obtained the necessary permits for this purpose and then proceeded to sign the contract. However, the pressure-increasing contract has already been signed but the necessary permits have not yet been obtained, and this will lead to a prolonged pressure-increasing process.
Iranian Oil Innovation Event to be Held at Tehran International Exhibition Hall
The Iran Oil Innovation Event (NIOC Innovative Summit 2025) will be held concurrently with the 29th International Oil, Gas, Refining and Petrochemical Exhibition, in Hall 37A (IHIT Hall), the permanent venue of Tehran International Exhibitions.
Management of Masjed Suleiman Oil Field Development Plan Changed
With the official transfer of management of the Masjed Suleiman Oil Field Development Plan to the Petroleum Engineering and Development Company, preliminary technical and operational activities to enhance production from this historic field began.
Carrying out microtunneling operations in the passage of the Ahvaz-Kuhdasht gas pipeline
The head of the Iranian Gas Engineering and Development Company said: For the first time in this company, the microtunneling method was used to pass the Ahvaz-Kuhdasht gas pipeline through the Karun River.
Why is LPG burned instead of collected?
Part of the liquefied gas produced by South Pars is being burned due to the halt of infrastructure projects and administrative obstacles, which means a waste of billions of national wealth that could have generated foreign exchange for the country.
Using artificial intelligence in fuel smuggling cases
The Chief Justice of Tehran Province said: "The court's decision ordered financial tracking in fuel smuggling cases. The necessary measures are currently being taken to conduct financial tracking, and reports indicate that artificial intelligence platforms are being used to conduct financial tracking."
Persian Gulf Holding or Mostazafan Foundation? Which one will win the development of the Kish gas field?
After years of stagnation, ignorance, and uncertainty, the name of the Kish gas field is now on the lips again, and news indicates that the first phase of this field has been completed and it is ready to produce 28 million cubic meters of gas per day. But what has put the Kish gas field on the verge of a major change is the dire need for investment for the second, third, and even fourth phases; a project that requires about $8 billion in financial resources; meanwhile, rumors indicate that Persian Gulf Holding is the most serious option to enter this field.
Water industry spokesperson recounts special measures to prevent unauthorized withdrawal from agricultural wells
Emphasizing the need to take special measures to prevent over-abstraction and unauthorized extraction in authorized and unauthorized agricultural wells, the spokesperson for the country's water industry said: "In Table 7, Article 37 of the Seventh Development Plan, it is predicted that agricultural water consumption will reach 65 billion cubic meters and 15 billion cubic meters of imbalances will be eliminated."
