Bandar Imam becomes the giant of Iran’s petrochemical paper projects

Bandar Imam Petrochemical, the beating heart of the downstream chain of Iran's petrochemical industry, is currently facing a $1.4 billion project; a project that, in relation to the company's 8 trillion tomans profit, has raised serious questions about the economic logic, financing method, and the silence of Persian Gulf Holding.

harvesting more than 51% of Iran’s oil reserves; The necessity of acceleration in the development of increased technologies

The Director of Research and Technology of the National Iranian Oil Company, announcing that more than 51% of the country's recoverable oil reserves have been harvested, emphasized: the countries of the region have moved with increasing speed towards the use of new technologies for increased harvesting, and Iran is bound to accelerate the development and localization of these technologies in order to protect the remaining reserves and sustainable production.

A 25% increase in the limit of the contract between the Northern Drilling Company and Caspian Oil

Shamal Drilling Company, the exploratory drilling contractor in the Caspian Sea, announced an increase of 25% of the initial contract amount in some contract cases with the Caspian Oil Company.

Breaking News

Extensive reforms in fuel consumption; daily reduction of 5 million liters of oil and gas

The Deputy Minister of Planning of the Ministry of Oil announced that continuing the "production-oriented" approach is not only economically unfeasible, but also technically impossible, stating: "Effective cooperation between executive agencies and coordination with the Islamic Consultative Assembly and the private sector are the conditions for success in the new path of energy efficiency."

The domestic oil, gas and petrochemical industry exhibition begins in Assaluyeh

Sakhvat Asadi, CEO of the Pars Energy Special Economic Zone, stated at the opening ceremony of the exhibition: "Asaluyeh, as the beating heart of Iran's energy industry, is hosting an event that can strengthen the domestic supply chain and pave the way for the development of new technologies."

95 percent of fixed petrochemical equipment was domestically manufactured

The CEO of the National Petrochemical Industries Company pointed to the annual need for about $2 billion in foreign equipment in the industry and emphasized: With middle managers' trust in the capabilities of domestic companies and manufacturers' commitment to quality and delivery time, Iran can be turned into a large construction workshop.

60-year-old petrochemical units without renovation will be eliminated from global competition

The Vice President of Development and Business of the Persian Gulf Petrochemical Industries Company said: "Continuing the operation of old petrochemical industry units that are 60 years old, without modernization and technological upgrading, will remove them from the cycle of global competition and even profitability."

Oil Minister: Recruitment in the oil industry should be done in a competitive and fair environment

The Minister of Oil emphasized the need to create a fair competitive environment to attract graduates from all universities to the oil industry, saying: "We are trying to increase the absorption capacity in line with the needs of the oil industry."

The program to increase free fuel cards at gas stations has begun

The director of the Smart Fuel System, rejecting any reduction in the quota of fuel cards at stations, announced a plan to increase the number of fuel cards for citizens in order to prevent problems in the refueling process.

Gas network fully prepared for winter; smartening and timely repairs are the focus of this year’s resilience

The Integrated Planning Manager of the National Iranian Gas Company announced: "With timely major repairs, complete coordination of operational departments, and implementation of smart projects, the gas network has been fully prepared for the cold season."

Railway gas cut-off and warning to the Ministry of Roads

A spokesman for the Tehran Provincial Gas Company announced the gas cutoff for the railway company and the issuance of a warning to the Ministry of Roads and Urban Development on the first day of implementing the special patrols plan for gas consumption management.

Iran’s appeal to the UK Supreme Court; Crescent case enters most sensitive phase

The UK Supreme Court has accepted the appeal of the National Iranian Oil Company in the "Oil House" case, a move that could overturn the confiscation ruling issued by lower courts and bring the legal path of the Crescent case to a decisive stage.

Cloud fertilization and water importation put on the agenda of the Ministry of Energy

The Minister of Energy announced that the 35 percent water waste figure is not accurate and that leak-proofing measures have resulted in a significant reduction.

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