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

Daily gas extraction from South Pars reaches 712 million cubic meters

The production and operations manager of Pars Oil and Gas Company announced the registration of a new gas extraction quota from the South Pars field and said: Gas extraction from this joint field has reached 712 million cubic meters per day.

Energy consumption in Ariasassol Polymer decreased by 5 percent

By implementing an innovative plan, review and revision of the C311 compressor, one of the most energy-intensive equipment in the olefin unit, Ariasassol Polymer Company succeeded in reducing energy consumption in the complex by 5%.

People should help resolve the gas imbalance by reducing temperatures by 2 degrees

The Vice President for Science, Technology and Knowledge-Based Economy said: "If every home saves 10% in gas consumption, all problems will be solved, and in the cold days ahead, all compatriots will be able to benefit from gas."

Completion of major repairs to Bandar Abbas Oil Refinery

The CEO of Bandar Abbas Oil Refining Company stated: The major overhaul of the viscosity reduction and gasoline purification units of the Bandar Abbas Oil Refinery was successfully completed in 22 days.

17% increase in domestic gas consumption

A spokesperson for the National Iranian Gas Company announced the consumption of 601 million cubic meters of gas in the domestic, commercial, and small industrial sectors.

Iran’s urea price rises in global markets

Iranian urea export prices for January loading have increased to $307 per ton on a FOB basis, compared to $303-$304.5 per ton previously.

Development of the 400 kV Fajr Energy Persian Gulf substation at the terminal station/increasing energy transmission from Bafjar to industries and the national grid

The 400 kV substation development plan, which is the first part of Fajr Company's recent development plans and is intended to increase the capacity of electricity transmission to requesting industries and the national grid, has reached 81 percent progress.

Reasons for the failure of the sanctions on Iran’s oil fleet

The second Trump administration is seeking to impose sanctions on 35 companies and ships to increase pressure on Iran, but experts believe that market conditions and the lack of support from China and Arab countries will prevent this from happening.

The need for cooperation between all sectors to optimize consumption and invest in increasing gas production

Explaining gas supply in imbalanced conditions, the CEO of the National Iranian Gas Company said: "To deal with energy imbalance, the two wings of "consumption optimization" and "investment to increase production" must be considered together."

Fuel smuggling ads hit cyberspace

Everything can be found in cyberspace, from Iranian crude oil exports to gasoline, diesel, fuel oil, and liquefied petroleum gas. Since there is insufficient monitoring of the purchase and sale of fuel in cyberspace and its sources of supply, it seems that traces of smuggling can be seen in online fuel sales.

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