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
Azar Oil Field Pressure Boosting Project: Two Drilling and Installation Phases to Boost Oil Production
The opening meeting of the second phase of the Azar oil field development was held with the presence of senior managers; the goal of increasing daily production to 30,000 barrels was set.
China’s oil imports from Iran increase after new quotas issued
China's independent refiners have increased their intake of Iranian crude oil after Beijing issued a new round of import quotas late last month.
Successful completion of major repairs of South Pars II refinery with domestic capacity
The overhaul operation of the South Pars Second Refinery was carried out without incident or downtime with the extensive participation of specialized personnel and local equipment; team cohesion and fleet readiness played a decisive role in improving productivity and developing activities.
Growth of Iranian petrochemical exports to Eurasia with participation in Russian exhibition
The National Petrochemical Industries Company announced: Iranian holdings and companies, with a concentrated presence in the Islamic Republic of Iran pavilion at the Moscow Ruplastica exhibition, are introducing their capabilities and paving the way for increased exports to Russia and Eurasia.
Developing solar energy is a serious solution to reduce imbalances
The Deputy Minister of Oil, warning about the intensification of energy imbalance and pressure drop in South Pars, considered the development of solar power plants and consumption optimization as a vital solution, and said: "The government's plan will go beyond the target of 12,000 MW of renewable energy."
The health of the administrative system; a serious priority for the oil industry
The head of the working group for improving the health of the administrative system and combating corruption in the oil industry, expressing the necessity of changes in regulatory mechanisms, stated that strengthening the health of the administrative system is one of the serious priorities of the oil industry.
The capacity of the country’s renewable power plants reached 3,100 MW.
The Deputy Director of Planning and Innovation of SATBA announced the realization of the installed capacity of renewable power plants to 3,100 MW in all types of renewable energy to date, and said: The installed capacity of renewable power plants at the beginning of October last year was 1,200 MW, in other words, from October last year to October this year, there has been an increase in capacity of approximately 107 percent, and the capacity has doubled within a year.
National gas cooperation and school renovation to reduce energy consumption
The National Iranian Gas Company and the School Renovation Organization signed a memorandum of understanding to replace high-efficiency heating systems and improve engine rooms; the main goal of this cooperation is to reduce energy consumption and optimally manage gas resources in the country's schools.
Daily injection of 850 million cubic meters of gas; schools are being equipped with smart engine rooms
Saeed Tavakoli announced at the signing ceremony of the National Gas and Education Memorandum of Understanding: 850 million cubic meters of gas will be injected into the network daily; the country's schools will become a model for optimizing energy consumption with high-efficiency and smart power plants.
Petrochemical companies were required to participate in the development of cultural and educational infrastructure
Hassan Abbaszadeh, at the Strategic Council of Petrochemicals in the Special Economic Zone, emphasized the need to pay attention to local communities and the participation of complexes in the development of cultural, educational, and medical infrastructure, and considered social responsibility to be the focus of the balanced development of the petrochemical industry.
