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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The need for major repairs of South Pars production platforms and simultaneous monitoring of gas transmission pipelines in the sea
The CEO of the National Iranian Oil Company listed the implementation of the pressure increase plan, the development of phase 11 of the joint South Pars gas field and the Kish gas field as three priority projects of the oil industry in South Pars and said: "For the implementation of these strategic plans, all efforts must be made, especially the capacity of other companies under the national company." Iranian oil was also used.
The first renewable power plant will be built in Tehran
The CEO of Tehran Regional Electricity Company said: In the field of renewables, we have entered with a more serious approach, and for the first step, the first renewable power plant of one megawatt is to be established in the heart of Tehran.
Import of the main equipment of the first phase of the Badr Sharq Petrochemical Project
The construction of part of the main equipment of the methanol unit of the Badr Sharq petrochemical project abroad has been completed and the transportation of this equipment will begin soon.
Horn of Africa, the secret anchorage of Iranian and Russian oil
Iran is working in the Horn of Africa to expand its strategic depth, resist the pressure of competing powers and balance their activities, and this issue has also affected its oil policies.
Petrol vs. Flow; Trying to break the cycle of crude sales
While criticizing the industry's past focus on the production of basic products, the Deputy Director of Petrol Business Planning and Development announced the company's efforts to create more added value and reduce dependence on the export of primary products. The launch of the compound fertilizer production unit in Urmia Petrochemical and the development of polyaluminum chloride and polypropylene production units in Ilam and Arghwan Gostar Ilam Petrochemicals are only a part of Petrol's actions in this direction.
6 new sewage treatment plants are in operation in Tehran
The CEO of Tehran Province Water and Sewerage Company said: By the end of the year, with the operation of six new wastewater treatment plants, about 113 million cubic meters per year will be added to the wastewater production capacity in Tehran Province, and the wastewater production capacity of Tehran Province will increase to 660 million cubic meters per year.
How much was Iran’s oil income in 2024?
According to the available statistics, the export of oil in the 5 months of 2024 is equal to about 20 billion dollars, of which 131 thousand billion tomans was the government's share in the 5-month budget cut.
Investing petrochemical companies in gas fields to solve the country’s gas imbalance
The Secretary General of the Petrochemical Industry Employers' Association, referring to the investment of petrochemicals for the development of the country's gas fields in order to increase gas production and provide sustainable feed, announced the implementation of the pilot plan to purchase the amount of gas saved by the people at the price of petrochemical feed in the cold season of the year.
What happened at the 2024 Mobin Energy Assembly?
The annual general assembly of Mobin Persian Gulf Energy Company was accompanied by many side effects. The shareholders of this large utility company of the country raised their serious concerns regarding the outstanding claims, the future of the contracts and the financial status of the company. Important decisions were made in this meeting that will affect the future of Mobayan Energy.
FCC units increase refineries’ gasoline production by up to 50%
The construction of FCC units is an investment with a clear perspective that can insure the country in the field of producing high-quality gasoline and diesel.
