Oil and Petrochemicals
Oil Industry Firefighters on the Frontline of Oil Facility Safety
Oil industry firefighters stand with dedication and courage in protecting oil facilities and human lives. Firefighting a...
Latest News in English
Oil and Petrochemicals
Preparation for the Construction of Ardabil Petrochemical Complex
The Deputy for Economic Coordination of Ardabil Province announced the commencement of the preliminary steps for the con...
Oil and Petrochemicals
Oil Prices Rise Despite Increased Exports from the Strait of Hormuz
Crude oil prices have maintained their upward trend following an increase in exports from the Strait of Hormuz to 12.8 m...
Oil and Petrochemicals
Hamidreza Saghafi announced the production of one billion cubic feet of gas in Phase 11
Petropars Group has achieved the production of one billion cubic feet of gas per day in Phase 11 by increasing the numbe...
Economy
Seyed Mohammad Atabak Announced 12.5 Million Tons of Sponge Iron Lost
The Minister of Industry, Mine and Trade announced that due to the imposed war, 12.5 million tons of sponge iron in the...
Oil and Petrochemicals
Hamidreza Taghafi announced the gas production record from Phase 11 of South Pars
Gas production from Phase 11 of South Pars has reached one billion cubic feet per day. The development of active wells i...
Oil and Petrochemicals
Increase in Oil Prices Amid Pressure on Global Markets
Oil prices rose on Tuesday, with concerns about inflation heightened due to ambiguity in negotiations between the United...
Exclusive Report
Marine traffic from the Strait of Hormuz to Cape has doubled
Marine traffic from the Strait of Hormuz has decreased due to the closure of this route amid military tensions, and ship...
Oil and Petrochemicals
The new petrochemical gas rate reached 29,749 tomans in Mordad
The feed gas rate for petrochemicals reached 29,749 tomans in Mordad. This cost increase can affect the final product pr...
Oil and Petrochemicals
Increase in Oil Prices in the Global Market Due to Concerns Over Supply Disruption
Oil prices in the global market rose for the second consecutive day. This increase is due to ongoing concerns about supp...
Oil and Petrochemicals
The Impact of the U.S. Diesel Export Ban on Fuel Prices
The diesel export ban in the U.S. could lead to rising prices in the domestic market. Analysts have warned about the con...
Oil and Petrochemicals
Standard Chartered's Actions on the Oil Market and Its Impacts
Standard Chartered reported on the existing limitations in the upward trend of oil prices and emphasized the risks arisi...