11 billion dollar project with an empty account; Dangerous game of banks in Azadegan oil field
The last condition of Mohsen Paknejad for the implementation of the Azadegan oil field contract is to deposit 800 million dollars to the account of Dasht Azadegan Arvand Company. A condition that banks have been unable to fulfill until today.
Refining and Distribution CEO: Technological opportunities in the refining industry are vast; the move towards data-driven management is gaining momentum
The CEO of the National Iranian Petroleum Products Refining and Distribution Company, emphasizing the move towards data-driven management and smart fuel chain, said: "The opportunity for technological and data-driven work in the refining and distribution industry is very broad. What is important in this path is the right direction, prioritizing issues, and defining effective cooperation models."
Getting to know Iran’s petrochemical holdings; this part of the Persian Gulf
Persian Gulf Petrochemical Industries Holding, as the second largest petrochemical holding in the Middle East and the largest player in this industry in Iran, plays a key role in meeting domestic needs and the international standing of this industry, with more than one-third of the nominal capacity of the country's petrochemical industry.
Breaking News
Gas outage at Zagros Petrochemical; Stoppage of the second production unit and its impact on Mobin Energy
With the partial interruption of gas supply to Zagros Petrochemical Company, the company's second production unit was taken out of service on December 25, 2021, and its operations were suspended until the gas restrictions were lifted. At the same time, Mobin Energy, which provides utility services to the complex, announced that there had been a reduction in the consumption of some ancillary services, but this restriction will not have a significant impact on the company's EPS.
Annual production capacity of petrochemical projects reached 7 million tons
The Director of Assignment and Investor Services of the Petrochemical Special Economic Zone Organization announced 58 active projects in this zone and said: The annual production capacity of these projects reaches 7 million 96 thousand tons per year, which play an important role in the development of the country's petrochemical industry value chain.
Saving 1.7 billion cubic meters of gas in the petrochemical industry
The Director of Energy Consumption Optimization at the National Petrochemical Company announced that the petrochemical industry has succeeded in saving 1.7 billion cubic meters of natural gas in the past four years by implementing optimization projects, and said: "Achieving annual savings of more than 200 million cubic meters has also been targeted for this year."
Tehran Governor: No diesel burning will take place in the province
The governor of Tehran, emphasizing that no diesel fuel is burned in this province, said: "There are about 4 million 200 thousand active motorcycles in the capital, more than 70 percent of which are over 20 years old and are mostly worn out and polluting."
Tehran consumes 120 million cubic meters of gas daily; 270,000 tons of smoke are produced
During the cold months of the year, 120 million cubic meters of gas are burned in Tehran daily, which results in the production of 270,000 tons of smoke and the destruction of 400,000 tons of oxygen in the air. Incomplete combustion of gas has led to the release of toxic and deadly CO gas and various diseases and silent deaths.
Oil Minister: Energy Optimization and Strategic Management Organization launched
Referring to the establishment of the Energy Optimization and Strategic Management Organization, the Minister of Oil said: "This new institution will operate in conjunction with the Fuel Consumption Optimization Organization, and the mission of the Ministry of Oil will remain the production and export of oil and gas."
Meet Mobin Energy Persian Gulf, one of the world’s largest centralized utilities
Mobin Energy Persian Gulf Company, as one of the largest centralized utility units in the world, with an area of over 88 hectares in Phase One of the South Pars Special Economic Zone in Assaluyeh, plays a key role in providing energy and infrastructure services for petrochemical complexes.
Two decades after the introduction of CNG, the share of this clean fuel is still 11 percent
Two decades after the introduction of CNG; the share of this clean fuel is still 11 percent. Nearly two decades have passed since the official introduction of CNG into the country's fuel basket, but this clean fuel has not been able to account for more than 11 percent of the transportation sector's fuel consumption; while official statistics indicate a huge saving of 110 billion liters of gasoline due to the use of CNG.
Forming a consensus to address energy (electricity) imbalances and help complete the petrochemical product chain
The memorandum of understanding to establish a joint venture to supply a 300-megawatt power plant between Iran's methanol giant and the country's largest utility company was signed at the Zagros Petrochemical Complex with the support of Dr. Shariatmadari, CEO of Persian Gulf Holding, and in the presence of Dr. Abbaszadeh, Deputy Minister of Oil and CEO of the National Petrochemical Company.
Iran’s oil reserves hit their highest level in two years
According to data from Kepler cited by Bloomberg, a drop in China's oil imports from Iran has caused the volume of Iranian oil stored in tankers at sea to reach its highest level in two and a half years.
