Abadan Petrochemical Company: A 50-year legacy that went bankrupt

Abadan Petrochemical Company: A 50-year legacy that went bankrupt

Abadan Petrochemical, as the first petrochemical complex in Iran, is facing a paradox between “oldness” and “efficiency” today, on the eve of its sixth decade of operation. This company, which was once a symbol of Iran’s industrial modernity, is now struggling with structural challenges in the production chain and a food supply crisis, despite its 14 percent share in the country’s PVC supply; a situation that has tied the survival of this strategic unit to ownership reform and infrastructure modernization.

100,000 barrels increase in oil production in the oil-rich areas of the south; a big step towards the Seventh Plan

100,000 barrels increase in oil production in the oil-rich areas of the south; a big step towards the Seventh Plan

Within this framework, the southern oil-rich regions, by simultaneously focusing on maintaining production, developing fields, improving operational readiness, and increasing the resilience of facilities, were able to increase the average daily crude oil production by about 100,000 barrels in the operational scope of the Karun, Marun, Aghajari, Masjed Soliman, and Gachsaran oil and gas exploitation companies, while compensating for the natural decline in reservoirs; an increase that was the result of a series of field, technical, and managerial measures and highlights the decisive role of this company in the sustainable supply of energy to the country.

آخرین اخبار

Exploration activities in the marine sector will resume in the 14th government

Exploration activities in the marine sector will resume in the 14th government

The exploration director of the National Iranian Oil Company stated that this management has not had any exploration drilling activities in the sea since 2019, and said: "With the signing of contracts to supply the rig, for the first time in the 14th government and after a five-year hiatus, exploration activities in the sea sector will begin."
Increasing gas production in South Pars

Increasing gas production in South Pars

The deputy head of development plans at Pars Oil and Gas Company said: "With the completion of one of the gas wells in Phase 13 of South Pars, the gas production capacity from this phase increased by 1.7 million cubic meters per day."
Russia’s willingness to export gas to Iran

Russia’s willingness to export gas to Iran

As part of Moscow's efforts to diversify its gas export flow, the Russian President announced on Friday that Russia may supply a maximum of 55 billion cubic meters of gas to Iran per year.
When will the removal of the car fuel card be decided?

When will the removal of the car fuel card be decided?

The spokesperson for the National Gas Station Owners Association said: Based on the parliament's resolution on the budget law, it is expected that the issue of eliminating the car fuel card and allocating subsidies to individual bank cards will be decided in the first quarter of 1404.