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.

Breaking News

Targeting of the fourteenth government to increase oil production

Less than a month after the 14th government took office, the Program and Budget Organization's approval of a 3 billion dollar loan put part of the target to increase production by 400,000 barrels on track.

Deputy CEO of National Drilling Company announced the completion of 46 oil and gas wells

The deputy CEO of Iran's National Drilling Company announced the drilling and final completion of 46 oil and gas wells in the first half of this year by using the company's drilling fleet in the land and sea areas of the country.

The meeting of the parliament’s energy committee to review the supply of winter fuel with the presence of the deputy minister of oil

The spokesperson of the Parliament's Energy Commission said: The CEO of the National Oil Products Refining and Distribution Company, in the meeting of this commission, categorized and explained the important works and urgent measures of refining and distribution in the field of winter fuel in three areas of production and supply, transmission and consumption.

Iran’s oil and gas is wasted in common fields

28 common oil and gas fields of Iran, which contain half of the country's gas reserves, have not been properly developed due to sanctions, lack of investment, lack of technology, mismanagement, and the existence of some mafias. While neighboring countries are rapidly exploiting these resources, Iran is missing a historic opportunity for economic development.

Redistribution of car fuel card

The managing director of the National Oil Products Distribution Company announced the re-distribution of car fuel cards.

How much is the water reserves of Iran’s dams?

The 6% increase in the water input to the country's dams and the 6% increase in the water output from the dams compared to the water year 2022-2023 and the end of the water year 2023-2024 with a 12% increase in the reserves of the dams compared to the same time last year are important indicators of the water year that has ended.

How did Zangzor put Iran’s gas on the path of isolation?

An expert in the field of energy said: Now the situation in Iran is such that pipelines have been built and launched in the north, south, east and west, and we are surrounded as an island.

Connecting Khorramabad combined cycle power plant to Lorestan product pipelines

The director of the National Oil Products Distribution Company of Lorestan region said: In order to eliminate refueling by oil tankers, reduce fuel transportation costs and maintain fuel supply to power plants in the cold seasons of the year, Khorram Abad combined cycle power plant will be connected to Lorestan oil products transportation pipelines.

Where did the warning of water shortage in Tehran’s schools reach?

The case of school sewage is open for 2 thousand schools in Tehran and after the warning water cut off of some of these schools, agreements were made between ABFA and education to solve this issue.

What happened to the elitist output of Sanat Naft University?

It seems that the academic and job security that used to exist for the students of these faculties has now disappeared.

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