Historic overhaul in Shazand, disruption in supply, and new hope for Sharak shareholders

Shazand Petrochemical Company will enter one of the largest overhauls in the last decade on June 7th; at the same time, disruptions in land transportation have challenged the complex's feedstock and affected production and sales; but perhaps the most promising news for shareholders is the reform of the feedstock pricing method starting in July.

Even with the shutdown of industries, domestic gas is running low!

An energy expert warned about a sharp decline in gas production in the country, emphasizing that without immediate investment of up to $70 billion in gas fields, Iran's gas production will drop to 500 million cubic meters per day within 3 to 5 years, while domestic consumption in the winter will reach 650 to 700 million cubic meters.

Kermanshah Petrochemical: From gas shortage to production surge; urea and ammonia hit record highs

Kermanshah Petrochemical started 2025 with a significant jump in production; the more than doubling of ammonia and urea production in the first two months of this year compared to the same period last year has put this complex on the path to establishing its position in the methane value chain.

Breaking News

The capacity of 300 megawatts of electricity export to Iran’s neighbors

The technical and engineering deputy of the Organization of Renewable Energy and Energy Efficiency announced that Iran's first export of renewable electricity will be to Pakistan and said: Now Pakistan's capacity is ready through the south of Sistan and Baluchistan province and the first export of electricity will be from this direction. But there is capacity in Turkey and Iraq.

Increasing the capacity of thermal power plants in Iran by 2,000 megawatts

The deputy director of production of the mother company specializing in the production of thermal power in the country said: during the period of the 13th government, more than 2 thousand megawatts have been added to the capacity of the country's thermal power plants.

Refinery capability in Africa; Iran’s opportunity to penetrate the Black Continent

African countries are seeking to increase their refining capacity and ability to reduce their dependence on the import of oil derivatives, and this is a good opportunity for Iran's cooperation and influence in this continent in the form of construction, reconstruction and development of refineries.

The loss of 300 thousand billions of the Iranian government in the Azadegan oil field

While the South Azadegan field was supposed to produce about 320,000 barrels in early 2023, but the lack of work of the Ministry of Oil of about 5 billion dollars, the lack of profit has been imposed on the Islamic Republic of Iran. About $169 per second!

Iran produces diesel and black carbon from sewage

The CEO of Tehran Sewage Company announced the production of diesel and black carbon from the dewatered sludge in the process of wastewater treatment of the capital's treatment plants for the first time in Iran and said: We hope to be able to start production of these products this year.

Reducing the import of Russian gas and extending the contract with Iran

As one of the main importers of gas in the world, Turkey has adopted a strategy of diversifying its imported sources. In this regard, besides importing gas from Russia, Ankara is looking to buy from Turkmenistan and extend the gas contract with Iran.

The wave of migration of Iranian oil contractors to Iraq

As working conditions in Iran's oil industry become more difficult and there are many restrictions, including sanctions, Iranian companies are entering the Iraqi oil market.

Iran’s share of 0.2 percent of world gas trade

An energy expert said: "Honestly, our share in the world's gas trade is below 0.2%, and it is not a matter of pride that we have the largest gas network and all the villages are supplied with gas."

Record of increase in Iran’s oil production in the last 5 years

Referring to the increase in OPEC oil production to 26.63 million barrels per day last month, Reuters announced that Iran's oil production has reached the highest level in the last 5 years.

The heat caused a disruption in the water supply of Tehran province

The deputy director of water exploitation and development of the water and sewerage company of Tehran province said: the disruption and failure of water supply in some cities of Tehran province was caused by the sudden heat wave entering Tehran province, because all the water supply systems in Tehran province until that moment were not suitable for cool conditions and temperatures. It was regulated at least from surface water sources.