Bandar Imam becomes the giant of Iran’s petrochemical paper projects

Bandar Imam Petrochemical, the beating heart of the downstream chain of Iran's petrochemical industry, is currently facing a $1.4 billion project; a project that, in relation to the company's 8 trillion tomans profit, has raised serious questions about the economic logic, financing method, and the silence of Persian Gulf Holding.

harvesting more than 51% of Iran’s oil reserves; The necessity of acceleration in the development of increased technologies

The Director of Research and Technology of the National Iranian Oil Company, announcing that more than 51% of the country's recoverable oil reserves have been harvested, emphasized: the countries of the region have moved with increasing speed towards the use of new technologies for increased harvesting, and Iran is bound to accelerate the development and localization of these technologies in order to protect the remaining reserves and sustainable production.

A 25% increase in the limit of the contract between the Northern Drilling Company and Caspian Oil

Shamal Drilling Company, the exploratory drilling contractor in the Caspian Sea, announced an increase of 25% of the initial contract amount in some contract cases with the Caspian Oil Company.

Breaking News

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.

Energy consumption in public sectors should reach 50% of current consumption

Stating that we are determined to correct imbalances, the First Vice President said: "The energy consumption of government agencies must be halved."

Iran, the largest methanol exporter in the West Asian region

Methanol, as a product based on natural gas feedstock, accounts for a significant share of the production and export of the country's petrochemical industry products.

50% increase in gasoline consumption over 5 years / Increasing prices will not solve the problem

An energy expert said: "The energy imbalance in the country is increasing every year, such that gasoline consumption has increased by 50 percent in five years, and a similar situation exists in other energy carriers. It seems that in these circumstances, an energy ministry should be established."

Some of the gasoline consumed by cars in the country is not standardized

The head of the Environmental Protection Agency pointed out the role of substandard gasoline in air pollution and said: "Some of the gasoline consumed by mobile sources, including cars, does not comply with the national standards approved by the National Standards Organization."

Will $87 billion in lost rig money be returned to Iran?

It might not be wrong to claim that the 1990s were one of the most corrupt decades in Iran's oil history. The decade in which the massive Petrochemicalgate corruption scandal was revealed was close to the same years in which the issue of missing oil rigs became a subject of black satire.

Gas outage reduces petrochemical exports by $1.3 billion

Referring to the gas outages of some petrochemical companies, the Secretary General of the National Petrochemical Industries Employers Association said: "Unfortunately, this issue has put pressure on production and we predict that our exports will decrease by at least $1 to $1.3 billion compared to last year." Recently, the CEO of the National Petrochemical Company announced that the Central Bank has allowed 50 percent of the foreign exchange earned from the export of petrochemical products to be invested in the petrochemical companies themselves.

Increasing gasoline prices is not on the government’s agenda

Fatemeh Mohajerani, a spokeswoman for the 14th government, emphasized: "The gasoline imbalance is a serious issue that has two solutions: importing gasoline and managing consumption."

Energy Minister: Iran ranks first in energy consumption in the world

The Minister of Energy, stating that we are ranked first in the world in terms of energy consumption, continued: "People should support us so that we can get through this difficult winter comfortably."

Gas Exporting Countries Forum meeting in Tehran coincides with sensitive Middle East conditions

The 26th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) was held in Tehran at a time when many international experts believed that the meeting might not be held in person due to geopolitical events in the Middle East. However, holding this meeting in Tehran, even under these special circumstances, indicates Iran's high stability, stability, and security.

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