Currency price differences have increased demand for petrochemical product exports

The Secretary General of the Iranian Petrochemical Industry Employers' Association emphasized the necessity of completing the value chain in the petrochemical industry at the opening ceremony of the 19th Iran Plast Exhibition.

Shazand under the microscope: From the halt to gasoline exports to Afghanistan to the legacy of bus hires

In an interview with this media outlet, the CEO of Shazand Petrochemical Company described the company's most important recent challenge as the cessation of gasoline exports to Afghanistan, saying that as the country's standards became stricter, the export of 80-octane gasoline, which previously constituted an important part of Shazand's income, has been halted.

Polymers have replaced steel and wood in engineering industries

At the opening ceremony of the 19th Iran Plast, the CEO of the National Petrochemical Industries Company pointed out the status and importance of the petrochemical and polymer industries and said: Petrochemical products, especially polymers, play a key role in various industries and have a pervasive presence in our daily lives.

Breaking News

Water crisis in Iranian dams; only 43 percent of reservoir capacity is full

Currently, despite 22.2 billion cubic meters of water stored in the country's dams, 43 percent of the dam reservoirs' capacity is full and 57 percent of this capacity is empty.

Average daily gas consumption in power plants reached 306 million cubic meters

Power plant gas consumption remained at its highest level in the week ending August 10, bringing the average daily consumption of this sector to more than 306 million cubic meters.

Stabilizing production of 55,000 barrels of crude oil with technical reforms at Karun Company

Karun Oil and Gas Exploitation Company has taken a major step in increasing production capacity by implementing technical and operational reforms in upstream and downstream facilities, while stabilizing daily production of 55,000 barrels of crude oil.

Why has Iran not been successful in building refineries?

Refining expert Mehdi Mohseni, referring to the global energy transition trend, emphasizes that developing and building new refineries without improving the demand side will not lead anywhere. In his opinion, the main solution is to increase the complexity factor and create additional units in existing refineries.

Increasing gas transmission capacity in the north of the country

The Director of Region 4 of Iran's Gas Transmission Operations announced: By transferring the second compressor of the Farouj gas booster station to the Ramsar station, gas transmission capacity will be improved during the cold season and the infrastructure of gas booster stations in the north of the country will be strengthened.

Significant growth in drilling operations in the oil-rich areas of the south; 40 wells in four months

The Deputy CEO of the National Iranian Drilling Company announced the drilling and completion of 48 oil and gas wells in the first four months of this year in the country's onshore and offshore areas.

Resolving gas export issues and financial claims between Iran and Iraq

In a meeting with the Iraqi Minister of Electricity, the Minister of Oil emphasized resolving the issues of gas exports and financial demands, saying: "We will soon see a resolution to both issues of the quantity of gas exports to Iraq and the receipt of gas demands."

US launches new round of oil sanctions against Iran

In the 14th round of oil sanctions since 2018, the United States imposed the most extensive set of sanctions against Iranian oil exports.

The legal mask on the face of fuel smuggling; what is behind the dangerous game of mini-refineries?

While the government has resorted to imports to supply fuel, the widespread smuggling of subsidized diesel under the guise of mini-refineries is generating millions of dollars in profits for brokers every day; a structural phenomenon that exports national subsidies abroad with official permission.

Drilling of 10 wells in South Azadegan field completed

The Deputy CEO of the National Iranian Drilling Company for Drilling Projects said: "With the cooperation and synergy between the company's specialists and the Petroleum Engineering and Development Company (METEN), the implementation of the drilling project of 10 wells in the South Azadegan oil field has reached its final stage, and the project was completely handed over to the employer for operation after being put into operation."

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