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

Reasons for the failure of maximum pressure on Iranian oil

Experts believe that the return of Trump's maximum pressure policy on Iranian oil will be doomed to failure due to the economic conditions of the United States itself and China's commitment to purchasing Iranian oil.

Diversification in the downstream of propylene is needed by the country

The Deputy Minister of Petroleum in Petrochemical Affairs emphasized the necessity of product diversification downstream of propylene and said: Acrylonitrile (ACN) production causes diversification downstream of propylene, which is needed by the country.

Preparation for supplying winter fuel to the northern provinces of the country

The director of Naft-Shamal Pipelines and Telecommunications Company announced the company's readiness to supply and safely transport winter fuel from production bases to Mazandaran and Golestan provinces.

Iran, the record holder of gas consumption in the region

The energy deficit is a legacy that came from previous governments to the medical government and has now reached the crisis stage.

The development of downstream industries should be followed and implemented seriously

The CEO of the National Petrochemical Industry Company said: Iran's petrochemical industry can achieve the goals set in the development path with balanced development and expansion of complementary industries.

What are the causes of energy imbalance in Iran?

Member of the Board of Trustees of the Pension, Savings and Welfare Fund of Oil Industry Employees, pointing out that the increase in energy demand, inappropriate structure of energy supply and distribution, sanctions and economic problems, poor management and policy, fluctuations in energy production and political and security crises are among the reasons for its formation. Energy imbalance is energy, he said: If we had an optimal energy portfolio, we could use more electric energy and solar energy to compensate part of the energy imbalance.

The cost of water, electricity and gas for education units became free

The spokesman of the 2025 Budget Consolidation Commission said: According to the approval of this commission, the cost of water, electricity and gas for all educational and training units up to the limit of the consumption pattern for the next year was free.

Gas consumption in the capital increased by 17%

The spokesperson of Tehran Province Gas Company announced a 17% increase in gas consumption in the capital compared to the same period last year.

840 million cubic meters of natural gas are produced daily in the country’s refineries

The director of production coordination and supervision of the National Iranian Gas Company, pointing out that refineries play an important role in the production of gas in all parts of the country, said: Now 840 million cubic meters of gas are produced in the country's refineries every day.

China’s oil investment in Iraq instead of Iran

Chinese investment in Iraq's oil industry has reached 10 billion dollars, while this country, which is the largest buyer of Iranian oil and has a 25-year cooperation agreement with Iran, does not actively invest in any of the projects of Iran's oil industry.