Iran’s Deputy Minister of Energy for Electricity and Energy Affairs announced that electricity supplied to the country’s petrochemical plants has increased sixfold compared with last year to keep production running.
PETROCHEMICAL Feed Atom
Saudi Arabia’s listed petrochemical sector has started 2026 with a much smaller loss bill, but the recovery remains uneven and heavily dependent on cost discipline, plant reliability and global demand.
Iran’s Khark Petrochemical Company has entered joint projects with the Iranian Offshore Oil Company (IOOC) to collect flare gases, taking a new step toward securing sustainable feedstock, reducing flaring, and returning approximately 25 million cubic meters of gas to the national consumption cycle.
Russia's Sibur Zapsibneftekhim petrochemical complex in Tobolsk, in the Tyumen region of western Siberia, was damaged in a drone attack on Monday, three industry sources told Reuters.
South Korean prosecutors searched seven petrochemical companies as part of an investigation into alleged price fixing involving products such as caustic soda and polyvinyl chloride (PVC), a media report said on Wednesday.
Iran’s Academic Center for Education, Culture and Research (ACECR) has localized over 2,000 components used in the petrochemical sector that were previously dependent on foreign imports, according to the organization’s technology commercialization officials.
India's state-run Chennai Petroleum Corp plans to expand its refining capacity by a third to 280,000 barrels per day, it said in its 2025-26 annual report issued on Saturday.
The Iranian National Petrochemical Company signed a tripartite agreement Sunday with the Oil Ministry and the Administrative and Employment Affairs Organization to establish a "data-based governance" system across the petrochemical industry, officials said.
Iran has resolved one of the country’s longest-running petrochemical disputes after a decade, with Labor Minister Ahmad Meydari announcing that the legal battle between Jam Petrochemical and Mehr Petrochemical has officially come to an end. Under the finalized agreement, workers at Mehr Petrochemical will begin signing employment contracts with Jam Petrochemical next week, ensuring uninterrupted production and salary payments.
The MERA Oil consortium of U.S. and Saudi Arabian companies is advancing plans for a $5 billion integrated refinery and export corridor in the Gulf aimed at boosting regional energy infrastructure, its partners said on Wednesday, as the Iran war continues to disrupt energy flows.
The head of Iran's parliamentary Energy Committee said comprehensive support for rebuilding the country's refineries, petrochemical plants and power stations will be a top priority, pledging to remove obstacles and facilitate projects across the energy sector.
The caretaker of the National Petrochemical Company (NPC) said Wednesday the company must overhaul its structural model and improve internal processes as part of a broader push to strengthen its governance role.
China's oil major PetroChina said on Thursday its Dushanzi Petrochemical unit's 1.2 million metric tons per year ethylene project in Xinjiang had started up successfully on the first attempt.
Ukrainian drones attacked Russia's big Salavat petrochemical complex in the Urals region, the local governor said, but he predicted it would return to normal output within days.
Iranian oil supplies at sea are rising after Tehran ramped up exports during the interim peace deal with the United States, but sales have been slow as China's independent refiners have turned to cheaper crude from Iraq, the UAE and Qatar.
The government of Ghana has signed a Memorandum of Understanding (MoU) with Petrochemical Holding GmbH (PCH) to build a $700 million chemical manufacturing complex and roll out a nationwide programme to recover gold from mining waste and clean up degraded sites.
Prime Minister Narendra Modi inaugurated India's first greenfield integrated refinery-cum-petrochemical complex at Pachpadra in Rajasthan's Balotra district.
Following the damage sustained by petrochemical power plants during the war and the Ministry of Energy's ongoing efforts to resolve the energy deficit in this sector, Iran's Deputy Minister of Energy for Electricity and Energy has departed for Turkey to initiate preliminary negotiations and consultations regarding electricity imports.
The board of directors of the Persian Gulf Petrochemical Industries Company has appointed Hassan Abbaszadeh as the new chief executive officer of the holding company, replacing Mohammad Shariatmadari.
The U.S. Treasury Department issued a general license for Iran on Monday that authorized the production, delivery and sale of crude oil and petrochemical and petroleum products of Iranian-origin through August 21.