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

UAE’s economic investment in Iran’s cooperation sector

The ambassador of the United Arab Emirates, in a meeting with the head of the Iran Cooperation Chamber, announced the desire to expand business interactions with Iran and develop cooperation.

Trump’s return; A new nightmare for Iran’s oil and gas industry

The decrease in Iran's oil exports from more than 2 million barrels to 1 million barrels per day and the drop in the price of 19 dollars, the nascent government of the doctors will face a serious challenge of funding.

Iran’s control over the price of US gasoline with the Strait of Hormuz/The worried view of oil companies towards the Persian Gulf

Following the increase in the level of tension between Iran and the Zionist regime, many market activists are monitoring the recent developments with concern about its impact on the Strait of Hormuz and the oil market and ultimately the world economy.

The increase in electricity consumption reached 3 thousand megawatts

The CEO of Tavanir Company said: The increasing trend of using air conditioners in temperate regions of the country adds 3 thousand megawatts to the electricity consumption of the country.

Aryasasol’s shine again at the International Best Practice Award

Aryasasol Polymer Company is proud to win the highest position, world model award and seven stars from the 10th International Experience Competition.

Increasing the production of thermal power plants to 140 million megawatts

Director General of the Technical Office of Production of Thermal Power Company, pointing out that the daily production of thermal power plants has crossed the border of 1.1 million megawatt hours of energy, said: the electricity production of these units has grown by two percent compared to the same period of last year to 140 since the beginning of the year. million megawatt hours has been reached.

Issuance of fuel cards for imported cars

Ali Akbar Ameri said: According to gasoline rationing, all gasoline vehicles with national license plates can apply for a fuel card.

Sabalan petrochemical production increases by 110 thousand tons annually

The CEO of Sablan Petrochemical Industries, referring to the implementation of the plan to inject carbon dioxide into the methanol synthesis reactor of the factory with the ART reactor, said: it is estimated that with the implementation of this plan, the company's methanol production will increase by 110,000 tons annually, which will generate an income of 25 to 26 million dollars along with Will have.

Iran sanctions waiting for Venezuela?

Venezuela, having the world's largest proven oil reserves, is under US sanctions, resulting in difficult economic conditions. Of course, since last year, the Biden government reduced some of these oil sanctions on the condition of holding free elections. Now and after the recent events, there is a possibility that the Biden administration, fearing the increase in oil prices, instead of sanctioning this sector, will resort to sanctions similar to Iran, i.e. individuals and governmental institutions.

An unprecedented record of peak electricity consumption in the country compared to last year

The Minister of Energy said: The country's peak electricity consumption has so far exceeded the peak consumption of the previous year by 23 times, and this situation makes the operation of the electricity industry difficult.