Producing gasoline from methanol is not profitable

The planning director of the National Petrochemical Company, emphasizing the focus on the downstream and reaching a capacity of 131 million tons by the end of the Seventh Plan, said that producing gasoline from methanol is not economically viable.

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.

Breaking News

Serious warning about the reduction of underground water resources

According to the latest statistics, the situation of underground water resources in Iran is extremely critical. About 5 billion cubic meters of non-renewable water and aquifers in the country decrease annually.

The Ministry of Oil is on standby to provide fuel in winter

The first energy supply management meeting was held in the winter of 2024 with the presence of a group of deputy ministers of oil, energy and the country.

The role of the general administration of the technical and executive system and the evaluation of projects in sharing knowledge and experience in the oil industry

The important role of the general administration of the technical and executive system and project evaluation in the oil industry is undeniable. The intensity and extent of the effectiveness of the activities of this general office as the center of gravity and sharing the knowledge and experience of oil industry specialists and experts is in a direct and close relationship with the participation of oil industry experts and elites.

Significant increase in gasoline consumption in Chaharmahal and Bakhtiari

The director of the National Oil Products Distribution Company in Chaharmahal and Bakhtiari region announced an 8.3% increase in gasoline consumption in the first five months of this year.

New installations were recorded in the drilling of gas wells in Iran

The CEO of Iran Gas Engineering and Development Company said: During the last two years, we were able to drill as many gas wells as the entire period of activity of the National Gas Company.

Prediction of increase in oil production in Sepehr and Jafir fields

The manager of Sepehr and Jafir field development project said: We will increase production in these fields and by January oil production in Sepehr and Jafir field will reach from 43,000 barrels to 55,000 barrels per day.

International authorities warn of a dry and relatively warm autumn for Iran

The spokesperson of the water industry stated that from the point of view of national and international meteorological authorities, the new water year is predicted to be a dry and relatively warm year for Iran, and said: This means that the ominous shadow of climate change is still on water resources and our country has no other way but to adapt to This condition does not have water consumption management.

Emphasis on comprehensive cooperation with the new management of oil industry pension funds

Referring to the importance of empathy and interaction between associations and funds, the interim secretary of the Supreme Assembly of Associations of Retired Employees of the Oil Industry said: the secretariat of the Supreme Assembly of Associations is ready to cooperate constructively with the new management and the involved parties of the funds.

Energy crises in the 14th government

It is not only the budget deficit that has challenged the 14th government in the first days of its work, but the energy crisis is the most important crisis of the economic team of Masoud Mezeshkian, which has involved all the pillars of the country's economy. From gas and its pricing to electricity and gasoline.

51% of Iran’s dams are empty

Currently, despite the 25 billion and 400 million cubic meters of water stored in the country's dams, 49% of the capacity of the reservoirs is full and 51% of this capacity is empty.

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