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

Oil Minister: Any comment I make about Crescent may be detrimental to the Islamic Republic!

Regarding the Crescent case, the Minister of Oil said: "The other party has made claims and the court is reviewing the matter. In return, Iranian lawyers and experts from the Ministry of Oil are also defending the country's rights."

Smuggling of 15 million liters of petroleum products from fuel cards!

The growth in transportation consumption in Tehran province is negative 19%, but in Chabahar, we have positive growth of 152%, which shows that card migration is happening.

Mohajerani: Good news in the oil sector will be announced in the coming days

The government spokesman said: "The Minister of Oil will have good news in the field of investment in the oil industry in the coming days."

The capacity of the petrochemical industry has now increased from 3 million tons to 96 million tons

The CEO of the National Petrochemical Industries Company declared the explosive growth of the petrochemical industry in line with preventing crude oil sales as the most important achievement of the oil industry chain, saying: "The petrochemical industry is the crystallization of the oil industry value chain."

634 million cubic meters of gas were consumed in the domestic sector

A spokesman for the National Iranian Gas Company said: Of the 875 million cubic meters of gas delivered to the national network yesterday, 72 percent was consumed in the domestic, commercial, and small industrial sectors.

Details of the Maroon Petrochemical Waste Warehouse Fire

The spokesperson for the Petrochemical Special Economic Zone's emergency situation announced that the fire in the Maroon petrochemical waste warehouse is under control.

Hemmati: Lifting oil sanctions is more important now than ever

The Minister of Economy and Finance wrote on the social network X: "Lifting Iran's oil sanctions is now more economically important than ever."

Signing of the Memorandum of Understanding for the Largest Smart Oil Industry Project

The joint memorandum of understanding for the project "Real-time monitoring and intelligent management of the country's petroleum products supply chain" was signed yesterday (Sunday, February 14), coinciding with the 46th anniversary of the victory of the Islamic Revolution and the Shabaniyah holidays.

Minister of Energy: Eliminating electricity imbalance is a priority for the Ministry of Energy

Emphasizing that we will solve the problem of energy imbalance, the Minister of Energy said: "In order to eliminate existing imbalances, by implementing 14 major energy projects, the amount of electricity production in the country will increase to 100,000 megawatts."

Transmission of 880 million cubic meters of gas in the country

According to Energy Press, citing the Iranian Gas Transmission Company, Seyyed Mahmoud Hosseini, referring to the complete readiness of the gas transmission facilities, equipment, and fleet, stated: "In the same period last year, 854 million cubic meters of gas were transmitted, which represents a 3 percent increase in the amount of gas transmitted."

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