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
How much has electricity consumption increased compared to last year?
Director General of the Engineering and Management Office of Tavanir Network said: The sharp increase in temperature has caused a sharp increase in electricity consumption, so that this year we experienced 6 thousand megawatts more consumption than last year.
The IRGC seized a Togolese-flagged oil tanker in the Persian Gulf
The public relations of the third region of the IRGC Navy announced in an announcement that a tanker carrying more than 700,000 liters of smuggled oil with the flag of Togo and 9 crew members was seized in the northern waters of the Persian Gulf by the fighters of this region.
9% growth of peak electricity demand in the non-productive part of the country
Stating that about 35,000 megawatts of the country's total electricity is consumed in cooling systems (coolers), the spokesperson of the electricity industry said: Changing the temperature of the cooler and setting it to 24 degrees alone reduces consumption by 20%.
Middle East oil companies at the top of the world
New statistics and research results show that the new realities that the Middle East oil companies have taken step by step in order to improve and accelerate the retreat from the wrong policies of the Western governments have put it on the agenda.
The value of Iran’s electricity market transactions increased
The Director General of the Bureau of Economy, Investment and Regulation of the Water and Electricity Market said: The electricity industry is a specialized industry whose politicization can cause many mistakes. It is unprofessional and unethical to analyze macro trend indicators with a phenomenon called elections and attribute unrealistic attributes to the performance of governments.
The activities of the world’s three largest cyber security products and systems companies in Iran
Rumors indicate that three major companies of the world's cyber security products and systems manufacturers have accepted the conditions of the Strategic Management Center of AFTA to operate in the Islamic Republic of Iran.
Türkiye has overtaken Iran’s gas; We continue to engage in energy imbalances
While the neighboring countries, even those that do not have rich energy resources, are preparing the platforms to become a regional hub, in Iran, not only the conditions for the production of important energy resources are not ready, but also the candidates to sit on the seats of the country's two most important economic ministries, i.e. oil and Power should spend most of their time on solving the imbalance of four important energy elements, namely electricity, water, gasoline and gas.
The upward trend of China’s oil imports from Iran
Since the end of last year, some ports in China have continuously received a significant amount of Iranian crude oil. This upward trend, confirmed by tanker tracking companies and commercial resources, indicates the continuation of China's oil purchases from Iran at the highest possible level in recent years.
The latest status of Tehran’s electricity network
The CEO of Big Tehran Electric Power Distribution Company said: Despite the unprecedented increase in air temperature, with the measures taken and the round-the-clock efforts of the company's employees, more than 50,000 kilometers of Tehran's electricity network is in perfect condition in order to provide the comfort of Tehrani citizens with full capacity.
Tehran’s electricity supply record was also broken
CEO of Big Tehran Power Distribution Company announced: With the unrestricted distribution of more than 100 million kilowatt hours of energy in one day and night, the limit of electricity supply in the city of Tehran was broken in the history of the electricity industry.
