Introduction to Tabriz Refinery; the refining hub of northwest Iran
Tabriz Oil Refinery, one of the most important refining centers in Iran, plays a key role in supplying the liquid fuel needed by northwest Iran by providing about 7 percent of the country's crude oil refining capacity.
Getting to know Iran’s petrochemical holdings; this is Parsian Oil and Gas
Parsian Oil and Gas Petrochemical Holding is one of the major players in the country's petrochemical industry, which, with about 20 percent of Iran's production capacity and complexes such as Pardis and Zagros, has earned the title of the country's largest urea producer and one of the most important methanol producers in the Middle East.
$700 million in gasoline savings by expanding ridesharing
Hossein Mirafazli, an energy expert, says: If only 10 percent of intracity trips are shared, about two million liters of gasoline will be saved daily, which is equivalent to more than $700 million in annual savings for the Iranian economy.
Breaking News
Khark Oil Terminal plays a vital role in achieving the oil industry’s major goals
Emphasizing the strategic position of the Kharg Oil Terminal, the CEO of the Iranian Oil Terminals Company introduced transformation and innovation as the company's main strategies, and considered special attention to human resources as the key to development and improving productivity.
Providing $23 billion from the National Development Fund for 60 oil and gas projects
The chairman of the National Development Fund's executive board said: "The Economic Council has passed a resolution to increase oil production by 250,000 barrels per day, which the Fund is participating in financing."
$18 billion in unused investment and gas cutoffs at 12 petrochemical plants; a memorandum of understanding was signed to save the petrochemical industry from the gas crisis
During a ceremony to address the gas imbalance crisis, the National Petrochemical Company and Zagros Petrochemical Company signed a memorandum of understanding. The aim of this memorandum is to reduce gas consumption by 10 percent in the domestic and commercial sectors and increase the share of gas allocated to the petrochemical industry, which could lead to increased production and foreign exchange earnings. This is while the petrochemical industry is facing challenges such as gas outages at 12 petrochemical plants and feed shortages.
Meeting of the Heads of State focused on solutions to address the country’s main imbalances
A meeting of the heads of the three branches of government was held, hosted by the President and attended by a group of managers of economic ministries, to examine solutions to address the country's main imbalances.
Regarding the issue of fuel smuggling, we must move towards prevention and law enforcement
The spokesman for the Energy Commission of the Islamic Consultative Assembly stated that strict implementation of the law with serious determination is necessary to reduce fuel smuggling, and said: "It is necessary to take seriously solutions such as smartization and metering in line with the fight against smuggling."
Gas consumption increases at the end of the week
The Deputy Minister of Oil for Gas Affairs said: "According to the predictions made on Thursday and Friday this week, gas consumption will peak, which shows the need for consumption management."
Tripartite Memorandum of Understanding for the Plan to Revive Closed and Low-Productivity Oil Wells
A tripartite memorandum of understanding for the implementation of the Note to Article 13 of the Economic Council's resolution for the plan to revive closed and low-yielding oil wells was signed between the Innovation and Prosperity Fund, the National Iranian Oil Company, and the Oil Industry Technology and Innovation Park.
Stopping the increase in electricity costs for industrial subscribers
The Deputy Secretary of the Business Support Committee said: "In the meeting of this committee, the Ministry of Energy reviewed the increase in electricity costs for industrial subscribers and decided to suspend the Ministry of Energy's circular in this regard."
Babak Zanjani has neither been released nor is he on leave
The Judiciary Spokesperson provided explanations regarding the news published regarding the release of Babak Zanjani.
Domestic gas consumption reached 590 million cubic meters
A spokesperson for the National Iranian Gas Company announced the consumption of 590 million cubic meters of gas in the domestic, commercial, and small industrial sectors.
