Iran's First Vice President has highlighted the strategic importance of the South Pars pressure boosting project, emphasizing its role in increasing production and creating jobs.
IRAN Feed Atom
Iran’s minister of economy announced negotiations with the head of the OPEC Fund, along with an agreement to secure financing for Iranian contractors in international projects through the fund.
The Vice President praised the Ministry of Oil's cooperation in implementing technology-based production laws and their representative's participation in the Strategic Council for Technologies and Technology-Based Products.
Iran's Free Zones High Council aims for $2.0 billion in exports in the next year, removing legal barriers and introducing new incentives to boost trade.
Mehr Tab Parsian Petrochemical Company's CEO praised a comprehensive project for methanol-derived products, aiming to complete the methanol production chain within subsidiary companies.
The CEO of NIGC identifies gas imbalance and upstream document issues as the primary causes of Iran's energy crisis, urging for significant consumption and industry reforms.
has signed an agreement with private investors to develop solar power plants by the summer of 2025, aiming to address the country’s electricity supply imbalance.
Since the summer of 2020, the National Iranian Oil Company (NIOC) has injected more than 2 billion kilowatt-hours of electricity generated by the West Karoun Power Plant into the national grid to help meet the country's electricity demand.
The spokesperson for the National Iranian Gas Company (NIGC) announced that 870 million cubic meters (mcm) of natural gas were produced on Friday.
The CEO of Iran Oil Terminals Company emphasized the crucial role of the company in receiving, storing, and exporting oil and gas condensates.
The deputy oil minister announced the launch of a sulfur recovery unit at the South Pars Refinery 14, stating that sulfur extraction began on Wednesday.
The CEO of the National Petrochemical Industries Company announced that 12 petrochemical projects, valued at $10 billion, are currently being implemented in Kangan.
Production lines 3,000 and 4,000 of the ABS unit at Padjam Polymer Development Company were inaugurated via video conference under the directive of President Masoud Pezeshkian.
The CEO of the National Iranian Petrochemical Company (NPC) announced that 28 petrochemical projects are currently underway in the Asaluyeh and Kangan regions.
According to the latest monthly report from OPEC, Iran’s heavy crude oil prices rose significantly in January, increasing by $6.65, or 9.1%, compared to December, 2024.
The deputy of Iran oil minister emphasized that continuous monitoring and accurate reporting on the petrochemical market’s conditions help stabilize the market.
Iran is diversifying its fuel portfolio through the inauguration of 12 CNG stations, promotion of bioethanol use, and a system to convert gasoline-powered vehicles to dual-fuel models.
The CEO of NIOPDC confirmed that the gasoline quota for Nowruz holidays will remain unchanged, stating that adequate reserves have been secured.
Iran’s Deputy Oil Minister and head of the National Petrochemical Company (NPC) announced the implementation of the country’s largest flare gas recovery project with the support of petrochemical companies.
The president of Iran and the national leader of Turkmenistan stressed the importance of expanding gas cooperation and strengthening peace and trust in the region.