From reckless policymaking to official warning to petrochemicals; Iran’s propylene market at risk

Despite the special capabilities in developing the propylene value chain, due to excessive licensing and lack of sound policymaking by the National Petrochemical Company, this market is becoming saturated and is on track to suffer a similar fate to methanol production units.

Get to know one of the most modern refineries in Iran, Bandar Abbas Oil Refinery

Bandar Abbas Oil Refining Company, as one of the 10 largest refineries in the country, plays a key role in providing Iran with the energy and products it needs. The refinery was built on an area of about 770 hectares, 20 kilometers west of Bandar Abbas city and on the northern shore of the Persian Gulf, and went into operation in 1997 with an initial capacity of 232,000 barrels per day.

Iran’s electricity is caught in false pricing; power plants don’t even cover their maintenance costs

The CEO of Jamco said: "The electricity economy in Iran is paralyzed; power plants are not even making ends meet for their repairs, let alone building new ones." He warned that incorrect electricity pricing has caused investors to flee the sector and that the electricity imbalance is deepening every year.

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Gachsaran Oil and Gas pioneered in the production of oil industry equipment

The CEO of Gachsaran Oil and Gas Company emphasized on the cooperation and empowerment of domestic companies in order to provide services to the operating companies and said: signing the contract for the supply of an electric motor and three pumps, carrying out corrective measures in two 8 and 10 inch lines and implementing 75 process amendments to improve and Production stability in oil, gas and liquefied gas facilities has been achieved in the first half of this year.

The memorandums of understanding of oil industry and industrial universities in southern Iraq are implemented

The implementation processes of the previous memorandum between the University of Petroleum Industry and the Southern Iraq University of Technology were reviewed during the visit of the president of this university to Iran.

The serious challenge of gas pressure drop in South Pars

While forecasts show that the gas pressure drop in South Pars will reach its peak in less than two years, if the pressure boosting plan is implemented in South Pars, it will be 70 years of gas extraction from this field without any problems; A project whose financing is the biggest obstacle to its implementation.

The transformation of Iran into the hub of the region gained momentum

Iran's gas cooperation with Russia and Turkmenistan, in addition to meeting the needs of the country's industries, can provide a platform for turning Iran into a regional hub and exporting gas from North Iran to West and South Asia.

From flare gas to digital currency; A way to break the barrier of Iran sanctions

Iran burns huge amounts of gas in flares every year, while this gas can become a powerful tool to circumvent sanctions. By converting flare gas into electricity and then extracting digital currency, it is possible not only to avoid wasting this valuable resource, but also to create a new way to sell oil and bypass sanctions.

Fajr Energy; From air separation to desalination, a complete chain

The CEO of Fajar Energy Company announced that in line with the development of production units and completion of the value chain, important development plans are being implemented.

Increasing Iran’s gas cooperation with Turkmenistan and Russia

Referring to separate meetings with the presidents of Turkmenistan and Russia, the president announced new agreements to increase gas cooperation.

The effects of frequent power outages on people’s lives

32.2% of the participants in a survey said that the biggest complication they experienced from frequent power outages last summer was their "decrease in the quality of life" in various fields.

The eye of the oil market to the Strait of Hormuz

The escalation of conflicts in the Middle East has increased concerns about the security of the Strait of Hormuz. Any disturbance in the flow of oil in this strait, considering its vital role in transferring 21 million barrels of oil daily to the world markets, will severely affect the prices.

Which refinery was more successful in the first 6 months of this year?

A look at the production and sales performance of Bursa refineries in the first half of the year shows that Tabriz refinery has performed best in terms of increasing production and sales volumes. Earlier last year, Isfahan Refinery was the leader of this group, but the statistics show that Tabriz Oil Refinery has now taken over the oil fields.

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