Getting to know Iran’s petrochemical companies; this is Kimia Pars Middle East
Kimia Pars Middle East Company, one of the important players in Iran's petrochemical industry, has achieved an influential position in recent years in the fields of foreign exchange earning, sustainable production, and development of global markets, relying on methanol production and 100% export of its products.
South Pars reaches operational self-sufficiency
South Pars announced that it will meet the majority of its operational needs by relying on domestic capacity and cooperation with knowledge-based companies; a path that has brought the complex to the threshold of industrial independence by localizing more than 15,000 components and creating a smart supply chain.
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.
Breaking News
Energy Expert: Renovating worn-out heaters is the solution to gas imbalance
Navid Hedayatifar, referring to the gas imbalance crisis in winter, said that replacing 20 million worn-out heaters with high-efficiency heaters could reduce household consumption and allocate the released gas to industries.
Increasing domestic gas consumption to 400 million cubic meters
Natural gas consumption in the residential, commercial, and small industrial sectors reached about 2 billion 726 million cubic meters last week as air temperatures dropped, and the highest consumption was recorded on Wednesday with about 401 million cubic meters.
Get to know Fajr Energy, the beating heart of Mahshahr petrochemicals
Fajr Energy Persian Gulf Company (formerly Fajr Petrochemical) was established in the 1970s with the aim of providing utilities to companies in the Special Economic Zone in Bandar Imam Khomeini and became the first centralized utility company in the country. The company plays an important role in transmitting electricity, water, liquid oxygen, and steam to its neighboring petrochemical companies.
Record-breaking delivery of diesel to power plants with zero imports
The CEO of the National Petroleum Products Distribution Company said: "The record-breaking delivery of diesel to power plants and the filling of the country's power plant sector oil and gas tanks took place in a situation where we did not import diesel this year, and all of this diesel was supplied by the production capacity of domestic refineries."
Hengam Petrochemical’s ammonia production reaches 100 percent
The CEO of Hengam Petrochemical announced that the company's ammonia unit has reached full capacity for the first time since its launch, and the urea unit will also enter production by the end of December.
Iran’s heavy oil price to drop by $10 in 2025
According to OPEC, the average price of Iranian heavy oil in 2025 fell by more than $10 compared to last year, reaching $70.7; a trend similar to the OPEC oil basket, which has fallen by 30% over the last three years.
Deputy Oil Minister: Reforming the financial relationship between the government and the National Oil Company is a national obligation
Referring to Article 15 of the Seventh Plan Law, Sajjad Khalili emphasized that without changing the financial rules and increasing the actual share of the National Oil Company, it is not possible to maintain production levels and achieve development goals.
CEO of National Oil Company: Scientific decision-making and agility are the keys to improving organizational efficiency
Hamid Board emphasized at the ceremony honoring structural engineering and information technology managers that proper organization and decision-making based on current knowledge are the main solutions for solving employee issues and improving the quality of work.
Slow decline in refining industry; Tehran and Bandar Abbas refineries under pressure from production decline
According to an exclusive report by Energy Press, the refining industry entered the second half of the year in October 1404 with a slow setback and without significant jumps. This trend was repeated last month, and two refineries in Tehran and Bandar Abbas had a decrease in production. On the one hand, some refineries were able to maintain the improvement trend in monthly production and sales.
Iran’s central oil fields fulfill gas production and storage commitments
The CEO of the Central Iranian Oil Company announced: "In the first half of this year, the company was able to successfully implement its commitments in the field of gas production and gas storage in the Shurijeh and Sarajeh reservoirs."
