The acting head of joint operations at the South Pars Gas Complex (SPGC) announced that the Besat Power Plant, part of the South Pars Gas Complex, has delivered more than 46,000 megawatts of electricity to the national grid through significant efforts and the dedication of its staff.
IRAN Feed Atom
Arvand Petrochemical, the largest producer of PVC and chlorine chains in West Asia, has achieved a historic production record for EPVC this Iranian year, eliminating the need for the country to import five specialized grades.
The US Treasury Department has imposed sanctions on Iran’s oil minister as part of its ongoing maximum pressure campaign against the Islamic Republic.
The National Iranian South Oil Company (NISOC) and the Exploration Directorate of the National Iranian Oil Company (NIOC) have signed a cooperation agreement to enhance collaboration in exploration, development, and production processes.
Iran has brought the first well from a 35-well infill drilling project at the South Pars gas field into production, aimed at maintaining output levels, the managing director of Pars Oil and Gas Company (POGC) said.
The exploration director of the National Iranian Oil Company (NIOC) announced the completion of the largest two- and three-dimensional land-sea seismic survey project in the Paniz region of Khuzestan province, utilizing wireless technology.
The spokesperson for Iran's Foreign Ministry dismissed claims made by Reuters regarding the halting of Iranian oil tankers, labeling them as fabricated, false, or biased reporting.
The head of the Iranian Parliament's Article 90 Committee stated that the Oil Ministry is seriously pursuing the collection of associated petroleum gas (APG) but emphasized that the process needs to be accelerated.
The Central Bank of Iran (CBI) said on Monday that petrochemical companies had failed to return some 30% of the hard currency they have earned from exports in the calendar year that started in late March 2024.
Iran has supplied 20.8 billion liters of liquid fuel to the country's power plants since the beginning of the current Iranian year (late March 2024), the head of the National Iranian Oil Products Distribution Company (NIOPDC) said.
The CEO of the South Pars Gas Complex (SPGC) announced great amount of savings resulting from the domestic production of strategic parts and equipment by local companies.
The project manager for the development of the Azar oil field has announced the successful completion of the commissioning and operational launch of the field’s gas facilities.
The minister of oil announced that an average annual investment of $19 billion is required over the next four years to achieve a daily production of 1.34 billion cubic meters of gas.
The South Pars gas field executive announced a strategic pressure enhancement project aimed at boosting recovery rates from 54% to 75%, generating $780 billion in economic value.
Iran says Washington's continuation of its so-called "maximum pressure" policy against Tehran is tantamount to "crime against humanity," stressing that the failed policy will not yield new results for Washington.
The head of maintenance engineering at the South Pars Gas Complex announced that major overhauls of the facility’s refineries will begin next Iranian calendar month.
The CEO of the National Petrochemical Company emphasized the pursuit of major objectives to establish a centralized HSE structure in the Asaluyeh region.
A faculty member at Allameh Tabataba'i University stated that the oil industry requires substantial investment, emphasizing that existing perspectives on concession agreements need revision.
The CEO of the National Petrochemical Company (NPC) emphasized the importance of the Petrochemical Industry Excellence Award, stating that the successful presence of petrochemical companies in various fields has driven industry players toward excellence and progress.
The head of maintenance engineering at the South Pars Gas Complex announced that major overhauls of the facility’s refineries will begin next Iranian calendar month.
