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
Record-breaking gas consumption in power plants; 312 million cubic meters recorded in one day
The record for daily gas consumption by power plants was broken in the week ending August 8, and on Monday (August 4), the highest consumption was recorded, with 312 million cubic meters.
Missing links in the production chain: Why don’t petrochemicals produce polyurethane?
Despite its high capacity for producing propane and propylene, Iran has been unable to produce polyurethane, a key material in various industries, and its heavy dependence on imports has revealed one of the missing links in the petrochemical value chain. According to Mohsen Ansari, a petrochemical expert, completing this chain could be a golden opportunity for economic development and reducing foreign dependence.
Alvand drilling rig ready to join Iran’s offshore oil fleet after major repairs
The Alvand offshore rig in the Kish operational area is in its final days of major repairs and will soon join the Iranian Offshore Oil Company's drilling fleet.
Major gas repairs at the height of the crisis; non-stop and on schedule
The CEO of the National Iranian Gas Company considered the overhaul program one of the company's red lines and said: "Overhauls in refineries and the gas transmission network are being carried out without any delay and according to schedule."
Smart management of Kermanshah Petrochemical Company paved the way for sustainable production by the end of autumn
In 1404, Engineer Zahir Heydarinejad and the management team of Kermanshah Petrochemical Company took a different path with a strategic decision: targeted pre-sale of July, August and September products in export markets. This strategy not only solved the problem of warehouse capacity, but also gave the company the power to shift its focus from “selling under pressure” to “selling with maximum profit” in trade negotiations.
Reservation of more than 11,000 square meters on the first day of Iranplast 2025
Coinciding with the first day of the 19th Iranplast International Exhibition, more than 11,000 square meters of exhibition space were reserved, which is a new record in exhibition registration in the country.
From dream to reality: Why didn’t China and Russia invest in Iran’s oil industry?
Iran's gas industry, as one of the main pillars of the country's energy supply, has faced serious challenges in recent years in attracting domestic and foreign investment. According to Morteza Behrouzifar, an energy expert, the misconception that was formed in previous governments about the transfer of capital and technology from countries such as China and Russia has given way to realism today, and these problems, which are mainly due to sanctions and the lack of technical and financial capacity of domestic companies, have jeopardized the development process and even the maintenance of production capacity.
Getting to know Iran’s petrochemical companies: This episode is by Amir Kabir
Amirkabir Petrochemical Complex, one of Iran’s industrial companies in the Bandar-e-Imam Petrochemical Special Economic Zone, plays a key role in supplying raw materials to domestic industries and exports with an annual production of more than 1.5 million tons of petrochemical products. Established in 1998, the complex is today known as one of the most diverse polyethylene producers in the country.
China backs down; 30 million barrels of Iranian oil in the Malaysian Sea remain in limbo
The increase in Iranian crude oil storage in Malaysian waters and the reduction in Chinese imports from the country following severe US sanctions have presented serious challenges to the flow of Iranian oil trade. With more than 30 million barrels of oil accumulated in stranded tankers, Iran is struggling to protect its market from geopolitical pressures.
Construction and upgrading of the country’s energy production power plants
Referring to the signing of a public-private partnership agreement to complete the Tabas Thermal Power Plant, the CEO of the Thermal Power Company said: "This will be a major step towards exploiting this project and diversifying the country's portfolio of energy carriers and primary sources of electricity production."
