11 billion dollar project with an empty account; Dangerous game of banks in Azadegan oil field

The last condition of Mohsen Paknejad for the implementation of the Azadegan oil field contract is to deposit 800 million dollars to the account of Dasht Azadegan Arvand Company. A condition that banks have been unable to fulfill until today.

Refining and Distribution CEO: Technological opportunities in the refining industry are vast; the move towards data-driven management is gaining momentum

The CEO of the National Iranian Petroleum Products Refining and Distribution Company, emphasizing the move towards data-driven management and smart fuel chain, said: "The opportunity for technological and data-driven work in the refining and distribution industry is very broad. What is important in this path is the right direction, prioritizing issues, and defining effective cooperation models."

Getting to know Iran’s petrochemical holdings; this part of the Persian Gulf

Persian Gulf Petrochemical Industries Holding, as the second largest petrochemical holding in the Middle East and the largest player in this industry in Iran, plays a key role in meeting domestic needs and the international standing of this industry, with more than one-third of the nominal capacity of the country's petrochemical industry.

Breaking News

Iran halts gas exports to Iraq

The Iraqi Ministry of Electricity announced that the country has lost 5,500 megawatts of electricity following the cessation of Iranian gas exports to Iraq.

Experts’ opinion on resolving the gasoline imbalance in Iran

The most important challenges of energy imbalance, centered on "gasoline", were examined in a meeting of economic experts, and emphasis was placed on governance reform and infrastructure development and modernization.

Modernizing the public transportation fleet plays a major role in resolving the gasoline imbalance

A member of the presiding board of the Energy Commission of the Islamic Consultative Assembly pointed out the role of worn-out vehicles in the imbalance of gasoline and air pollution and said: "Now is the time to take a more serious look at the issue of diversifying the fuel basket, scrapping worn-out vehicles, introducing electric vehicles, and optimizing consumption."

Petrofarhang Holding’s commitment to enter downstream petrochemical industries

The CEO of the Farhangian Reserve Fund emphasized Petrofarhang Holding's efforts to enter the downstream petrochemical industries and other profitable fields.

We are facing an 18,000 megawatt electricity imbalance/We do not want to say under what circumstances we took over the government

The Ministry of Oil's request for investment in the Foruzan Joint Oil Field Development Plan was discussed and reviewed at the Economic Council meeting.

Increasing renewable energy capacity to more than 1,800 megawatts

Deputy Minister of Energy Tarz Talab announced an increase of 500 megawatts in the capacity of renewable power plants by the end of this year, adding: "The capacity of new energies in the country will increase to more than 1,800 megawatts this year."

Oil production increased in Arvandan

Arvandan Oil and Gas Company successfully completed a complex operation in North Gaspé and brought several closed and salt wells back into production.

Where has the Tehran Refinery gasoline production project reached?

The Tehran Refinery gasoline production project is underway with 88% progress and will be put into operation in 1404.

Abadan Refinery Phase 2 Sulfur Solidification Unit Put into Operation

The CEO of Abadan Oil Refining Company announced the operation of the company's Phase 2 sulfur solidification and granulation unit with a capacity of 460 tons.

Oil Minister: We will announce the increase in pressure in the South Pars gas field by the end of this year

The Minister of Oil considered the South Pars gas field pressure boosting as one of the most important projects of the National Iranian Oil Company and said: "Before the end of this year, we will announce good news for the finalization of some of the South Pars pressure boosting contracts."

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