Tehran and Beijing have reached an initial agreement on Chinese investment in Iran’s renewable energy sector, with a Chinese company set to cover 70 percent of the investment.
IRAN Feed Atom
A representative from Sudan's Ministry of Energy and Petroleum, who was a member of the delegation sent to Iran, said: "We need Iranian knowledge and expertise to establish upstream oil industries."
Now it has become more and more difficult to address problems resulting from inexpert and populist policies in energy consumption. Unfortunately, energy consumption is under the influence of politics rather than economics.
The commercial manager of the South Pars Gas Complex announced that, in collaboration with 120 domestic and new technology-based firms (NTBFs), over 11,500 essential equipment items and goods have been localized for the South Pars refineries.
The CEO of Tehran Oil Refining Company announced that, while adhering to quality standards, the company has added more than 1 million liters per day to its motor gasoline production output.
The South Pars Gas Complex's CEO reported a 2% increase in gas injection into the national grid during the first 10 months of 2024-2025.
Shahid Tondguyan Petrochemical Company is celebrating self-sufficiency and independence from foreign catalyst purchases after signing a MoU to produce cobalt acetate and manganese acetate catalysts.
The National Iranian Oil Products Distribution Company (NIOPDC) announced in a statement on Sunday that the fire at the LPG tanks in Rey has been completely extinguished.
NIOPDC confirmed the normal extraction and loading of liquid gas from a storage facility in Rey, following an incident at the facility.
Iran's Vice President for Science, Technology, and Knowledge-Based Economy believes the petrochemical industry can achieve significant AI milestones due to its favorable capacities.
Addressing Iran’s energy imbalance requires ensuring security for investors and involving the private sector, said Es’haq Jahangiri, former first vice president under the 11th and 12th administrations.
Iran's crude oil production is projected to reach 4.6 million barrels per day by 2028, primarily driven by southern oil-rich regions, according to the Seventh Development Plan (2024-28).
Oil Minister Mohsen Paknejad outlined the specifics of his two-day trip to Khuzestan Province, emphasizing his commitment to addressing the challenges faced by the local population.
The CEO of NPC pledges to assist industry players in completing the value chain and utilizing available capacities to reduce raw material sales.
President of Iran Masoud Pezeshkian stated that his administration did not create the imbalances in gas and electricity but inherited them, vowing to address the issues through collective efforts.
The second phase of the Ahvaz Central Desalination Plant will be inaugurated during the president’s visit to Khuzestan province, with the oil minister in attendance.
Iran’s Oil Minister Mohsen Paknejad emphasized the continuation of energy cooperation between Iran and Azerbaijan during a meeting with the Azerbaijani Prime Minister’s deputy on Tuesday.
Leader of Iran’s Islamic Revolution Ayatollah Seyyed Ali Khamenei highlighted that the only way to advance the country is by leveraging the capabilities of the private sector.
President Masoud Pezeshkian stated that imbalances in water, electricity, fuel, finances, and the environment cannot be resolved without reforming consumption patterns.
The CEO of the South Pars Gas Complex announced the supply of two turbines for Refinery 13 from domestic manufacturers, marking a significant step in sustaining gas production.