Iran has unveiled two catalysts for oil, gas and petrochemical plants: a chromium-free high-temperature shift catalyst and a medium-temperature shift catalyst.
TOP NEWS Feed Atom
Development of the Farzad, Balal and Kish gas fields is moving twice as fast as in the comparable earlier period, as part of a two-year gas-output drive, Pars Oil and Gas Company Managing Director Touraj Dehghani said.
Persian Gulf Petrochemical Industries Company CEO Mohammad Shariatmadari has appointed Yaghoub Rostami Mal-Khalifeh as human capital and learning director of Iran’s largest petrochemical group.
Khorasan Petrochemical’s operating revenue in the first five months of the Iranian year 1405 (to Aug. 22, 2026) rose 209% from a year earlier to more than 127 trillion rials, with exports accounting for 53% of sales.
A Fajr Energy Persian Gulf project worker was killed in an on-the-job accident in the Mahshahr utilities sector. No official account of the cause or how the accident happened has been released.
A parliamentary inquiry into the National Iranian Oil Company (NIOC) has been filed in the Majlis system, Tehran lawmaker Hossein Samsami said, accusing the oil minister of nine months of silence on indebted oil-sales trustees.
The second propane tank at the South Pars Phases 22–24 refinery has entered service with domestically made cryogenic pumps, and the first export cargo from the tank has been loaded.
Iran’s petrochemical industry reached 101.4 million tons of installed capacity in the Iranian year 1404 (ended March 20, 2026), a long-standing development milestone, even as enemy attacks and two wars disrupted the economy.
Iran’s National Petrochemical Company (NPC) and the syndicate of pharmaceutical, chemical and drug-packaging producers have signed a memorandum to extend the petrochemical value chain through to active pharmaceutical ingredients (APIs) and to steady raw-material supply.
Iran’s Social Security oil and energy holdings met the Foreign Ministry’s economic deputy to try to clear obstacles to gas imports from Turkmenistan, as part of efforts to ease the country’s energy imbalance.
Reuters reported: Oil tanker freight rates hit record highs.
Brent crude futures fell $3.75, or 3.48%, to $103.88 a barrel. U.S. West Texas Intermediate (WTI) futures dropped $3.33, or 3.25%, to $99.15 a barrel.
Gachsaran Petrochemical is running at about 40% of capacity and needs 860 billion tomans in bank facilities to increase production, the economic deputy governor of Kohgiluyeh and Boyer-Ahmad said.
Iranian parliament speaker Mohammad Bagher Qalibaf responded to Brent crude moving above $105 a barrel by posting a chart on X arguing that U.S. Treasury tools will not cap prices.
The eighth refinery at the South Pars Gas Complex has begun a major overhaul covering 1,542 maintenance jobs aimed at safer, more stable gas production.
Brent crude futures rose 40 cents, or 0.4%, to $101.61 a barrel. U.S. West Texas Intermediate (WTI) futures gained 49 cents, or 0.51%, to $96.54 a barrel.
The chief justice of Bushehr Province said a decision will be made to settle and operationalize the Petro Hami petro-refinery project in Asaluyeh, which is affiliated with Iran’s Prisoners’ Cooperative Foundation. He said that within the next two to three weeks the board will review bringing in an investment partner or securing the funding needed for the project, which has been stalled since 2012.
During a field visit, the CEO of Pars Oil and Gas Company stressed the need to gradually restore gas-refining capacity ahead of the cold season.
The production manager of the National Iranian South Oil Company (NISOC) said the company is continuing programs to identify, gather, and allocate associated gas, adding that most of the identified volumes have already been assigned to qualified firms and that remaining volumes are still being processed.
A deputy minister of Iran’s Energy Ministry said electricity imports from Turkey could be a useful opportunity to meet the power needs of the country’s petrochemical plants.