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.

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Pezeshkian’s response to Trump’s threat: There are other paths for us besides oil exports

Pezeshkian's response to Trump's threat to reduce Iran's oil exports to zero was: "They thought everything we do depends on oil."

Ariasasol Polymer Company received the Superior Corporate Governance Statue

Ariasasol was the only petrochemical company in the Iranian OTC market that managed to achieve a score of 100 in the corporate governance of OTC issuers.

Negotiation must be smart/Domestic sanctions are a reality

Emphasizing the important role of the petrochemical industry, he said: "This industry is among the most profitable industries in the country, but its full potential has not yet been utilized.”

$14 million per day: Heavy cost of gas cutoff for petrochemical exports

The Secretary General of the Iranian Petrochemical Employers' Association said: "If there is no food, some petrochemical plants will have to operate at 30% capacity by 1407. About $14 million is lost from our exports every day due to the lack of gas for petrochemical plants."

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.