Bandar Imam becomes the giant of Iran’s petrochemical paper projects

Bandar Imam Petrochemical, the beating heart of the downstream chain of Iran's petrochemical industry, is currently facing a $1.4 billion project; a project that, in relation to the company's 8 trillion tomans profit, has raised serious questions about the economic logic, financing method, and the silence of Persian Gulf Holding.

harvesting more than 51% of Iran’s oil reserves; The necessity of acceleration in the development of increased technologies

The Director of Research and Technology of the National Iranian Oil Company, announcing that more than 51% of the country's recoverable oil reserves have been harvested, emphasized: the countries of the region have moved with increasing speed towards the use of new technologies for increased harvesting, and Iran is bound to accelerate the development and localization of these technologies in order to protect the remaining reserves and sustainable production.

A 25% increase in the limit of the contract between the Northern Drilling Company and Caspian Oil

Shamal Drilling Company, the exploratory drilling contractor in the Caspian Sea, announced an increase of 25% of the initial contract amount in some contract cases with the Caspian Oil Company.

Breaking News

Project to increase gas transmission capacity to the west and northwest of the country

The head of the Iranian Gas Engineering and Development Company considered it vital to create capacity to transport more gas to the west of the country, saying: The Ahvaz-Kuhdasht gas pipeline project is being implemented with the aim of creating operational flexibility and increasing gas transport capacity in the west and northwest of the country.

150 million liters of smuggled fuel discovered in Hormozgan province

The Chief Justice of Hormozgan announced the discovery and acquisition of documents for more than 150 million liters of smuggled fuel in Hormozgan province that had been smuggled in previous years.

The record for liquid fuel delivery to power plants was broken in the 14th government

The CEO of the National Iranian Petroleum Products Refining and Distribution Company announced a 40 percent increase in the volume of fuel supply operations to power plants in the first 11 months of this year, saying: "The record of delivering 19.5 billion liters of petroleum products and furnace oil to power plants in the 97-year history of the National Iranian Petroleum Products Distribution Company is unparalleled."

Increase in the country’s peak electricity demand compared to last year

Peak electricity demand in the 49th week of this year reached 47,155 MW, an increase of 5.51% compared to the same period last year.

10,000 illegal miners discovered/We are trying to generate more electricity from thermal power plants

Maximizing the use of existing capacities is another program that is underway. There are nearly 93,000 megawatts of power plants in the country, and we are trying to bring this number closer to 100,000 megawatts, and we are also trying to generate more electricity from thermal power plants.

South Pars Gas Complex’s Efforts to Reduce Gas Flaring to Below 5 Million Cubic Meters

Referring to the government's emphasis on reducing gas flaring, the CEO of the Pars Special Zone Organization said: "The South Pars Gas Complex is implementing a 200 million euro project, and with the completion of this project, gas flaring will fall below 5 million cubic meters by the end of 2025."

Iran’s oil exports to China increase

The American news outlet reported that the flow of oil from Iran to China increased this month after traders overcame logistical obstacles caused by US sanctions.

Pezeshkian: Bilateral cooperation between Iran and Russia in the energy sector is positive

The President assessed the bilateral cooperation between Iran and Russia in the energy, industry, transportation, and trade sectors as very good and positive, and said: "The signing of the Comprehensive Strategic Cooperation Agreement between Iran and Russia is one of the most important manifestations of cooperation between the two countries."

Holding the First National Digital Oil Refinery Conference

The first national digital oil refinery conference and the second national idea show event were held by the Innovation and Entrepreneurship Center of the Abadan Petroleum Faculty in cooperation with the Abadan Oil Refining Company with the aim of introducing and improving the quality level of using artificial intelligence in the industry.

Collection of flare gases from East Karun by the end of the year

Referring to the project to collect gases from the East Karun flares by the Persian Gulf Bidblond Company, the CEO of the National Petrochemical Industries Company said: "By the end of this year, 14 flares from this project will be extinguished."

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