Has Persian Gulf oil returned to pre-war levels?

Have Persian Gulf oil exports truly returned to pre-war levels, or is this merely a narrative that the White House and the Arab sheikhdoms wish to believe? When pieced together, the statistics reveal a completely different picture.

Arvand Petrochemical’s Chlor-Alkali and EDC Units Return to Production with 30% Capacity

Arvand Petrochemical Company announced in a statement on Kodal that the chlor-alkali unit and the ethylene dichloride unit have resumed operations. According to the statement, both units have been in production since September 29, 2021, at 30 percent of their nominal capacity, and the financial effects of the suspension of these units' operations have already been included in the company's budget.

Arvand Petrochemical Production Halted Following Mahshahr Electricity Imbalance

Arvand Petrochemical announced in a Kodali announcement that the company's production activities will be suspended from August 21, 2026; a suspension that was implemented following the notification of the National Petrochemical Industries Company and in line with the management of electricity consumption in the Mahshahr region. Arvand announced that due to power restrictions and outages, all production activities of the company have been suspended until further notice and the time for production to resume depends on the resumption of electricity.

آخرین اخبار

Arash Square cannot be saved through diplomacy alone

Energy expert Hedayatollah Khademi warned about the situation of the joint Arash oil field, saying that relying solely on diplomacy cannot protect Iran's interests, and that practical and technical measures in this field need to be initiated simultaneously with negotiations.

Some mini-refineries export gasoline to Afghanistan

For years, mini-refineries have denied any gasoline exports and have denied accusations of fuel smuggling; but now the CEO of Shazand Petrochemical Company is openly saying that some of these units export gasoline to Afghanistan, and their exit routes are through the Dogharoon and Milak borders.

Denial of connection between fire and Behran Oil Company

Officials at Behran Oil Company announced that the recent fire has no connection to the company. The HSE unit and the refinery firefighting team have also been deployed to the site with three fire extinguishers to carry out containment operations in the event of a possible spread.

Completion of drilling of the first development well in the Yadavaran field

The Deputy Managing Director of the National Iranian Drilling Company for Drilling Projects announced the completion of drilling operations and the completion of the first development well of the 6-well project in the Yadavaran oil field using the Fatah 92 drilling rig.

From billion-dollar investment to production halt; why did Gachsaran Petrochemical plant go bankrupt?

Gachsaran Petrochemical, a huge project with a billion-dollar investment that was supposed to produce one million tons of ethylene annually and feed four other petrochemical units, was halted and suffered losses after its early launch, despite the 13th government’s haste to complete it, due to lack of coordination in planning and lack of consumers. The petrochemical plant had drawn criticism from the National Petrochemical Industries Company, claiming that NPC was one of the factors that put Gachsaran in this situation. However, Saeed Baghbani, the director of production control at the Petrochemical Industries Company, denies these claims.

What impact does the government’s pricing of special refining products have on refineries?

Refining industry experts warn that government intervention in pricing special products threatens the future profitability of refineries. According to refining industry expert Mehdi Mohseni, experience has shown that mandated pricing not only suppresses production, but also erodes industries' profit margins and creates the basis for rents.

Increase in petrochemical industry capacity by 35 million tons with the implementation of 66 development projects

Announcing an increase of 35 million tons in the petrochemical industry capacity by implementing 66 development plans in the Seventh Development Plan, the Planning and Development Manager of the National Petrochemical Company said: "In addition to increasing production capacity, completing the value chain with the aim of reducing dependence on exports of basic products is targeted in this plan."

The demands of the Ministry of Oil and the Central Bank from Babak Zanjani have not yet been received

An official rejected Babak Zanjani's claim that his debts had been settled and his indebtedness ended, saying: "Zanjani has only paid $15 million of the $1.8 billion debt to the Central Bank."

Carrying out major repairs at the mobile gas collection center

Major repairs to the Amak Gas Collection Center are being carried out as part of one of the most important environmental projects in the oil industry, with the aim of reducing flaring and optimizing the use of hydrocarbon resources. In addition to preventing the emission of pollutants, this project provides valuable feedstock for petrochemical and refining units and is an effective step on the path to sustainable development and environmental protection.

Crude oil sales and gasoline imports: Signs of Iran’s chronic economic illness

Hedayatullah Khademi, an energy expert, said: "We are a country that sells both crude oil and imports gasoline. Instead of trying to convert oil into more valuable products, we sell it raw and cheap. No matter how much oil China and the United States have, they buy several times more of it from abroad to convert it into a valuable commodity; but today we see that our country has been worn out in all areas of infrastructure and economy."

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