A worn-out drilling industry has become a bane of Iran’s oil production growth

Mohsen Paknejad plans to increase oil production by drilling new wells, but the wear and tear of worn-out rigs, sanctions, and the role of the drilling mafia have turned the Oil Minister's miracle into a nightmare.

Countdown begins for new gas contract; Ashgabat-Tehran-Ankara axis to be activated

Based on the agreements made, Turkmenistan's gas exports to Turkey via Iran were to be activated starting today, which has strategic benefits for all three countries.

Which Iranian petrochemicals are aromatic?

In the country's petrochemical industry, aromatic petrochemicals play an important role in this industry by converting naphtha feedstock and gas condensates into valuable products such as gasoline. Currently, Persian Gulf Holding is considered the largest producer of aromatic products in the country. This holding owns three important petrochemicals: Bandar Imam Petrochemical, Bu Ali Sina Petrochemical, and Nouri Petrochemical.

Breaking News

Iran’s oil production increased to 3.3 million barrels

The International Energy Agency announced an increase of 50,000 barrels in Iran's daily oil production in the fourth month of this year and announced: Iran's daily oil production has reached 3.3 million barrels per day.

The Prime Minister of Malaysia denied the claim of transferring the ship to the Iranian oil ship

The Prime Minister of Malaysia announced that there is no evidence of the transfer of a ship to an Iranian sanctioned oil ship in Malaysian waters.

The diesel quota allocation plan will be started on a trial basis

The scheme of allocating diesel quota based on the distance between the origin and the destination and in accordance with the bill of lading will be implemented only at the fuel supply stations located on the route on a trial basis from June.

Exemptions from the Ministry of Energy for industrial towns with solar power plants

The Deputy Minister of Energy said: Industrial towns that meet 35% of their consumption needs through the construction of renewable power plants will not be subject to electricity restrictions in the summer.

Changing Iraq’s policy in dependence on Iranian gas

During the past months, Iraq has taken meaningful and important measures to distance itself from Iran and tensions in the Middle East.

Which petrochemicals do not have overhaul in 2024

In 2024, only eleven petrochemicals in Iran will not be overhauled. Many of them were overhauled last year.

The wrong statistics of the oil minister and the weak diplomacy of the Iranian government in the field of energy

At the opening ceremony of the 28th International Oil and Gas, Refining and Petrochemical Exhibition, Mr. Engineer Oji, you have mentioned the revenue figures and functional costs of the Ministry of Oil, which are not in line with the realities of the oil industry.

The increase in the price of Iranian heavy oil

The latest OPEC monthly report showed that the price of Iranian heavy oil increased for the fourth consecutive month in April.

The people of Khuzestan province have the biggest share in breathing flare gas!

According to the report of the Energy Commission of the Majlis, 80% of flaring occurs in Khuzestan, Bushehr and Hormozgan provinces, and the people of these provinces receive the most contamination from flaring.

Oil and gas cannot be removed from the energy portfolio

Despite the investment of 9.5 trillion dollars, alternative energy sources have not been able to replace hydrocarbons; The issue that caused the CEO of Aramco Arabia to suggest to focus on reducing their carbon emissions instead of the strategy of eliminating oil and gas.