Energy security Archives

Howeizeh Persian Gulf Gas Refinery has approved a historic 20,000-fold capital increase, raising its registered capital from IRR 10 billion to IRR 200 trillion, as part of a comprehensive plan to restructure its finances, boost investment capacity, and stabilize revenues in the Iranian calendar year 1404.

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The company’s sales volume has reached 30 thousand tons. The company’s income in July was recorded at about 1.7 trillion Tomans.

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Pourkia added despite all the challenges last year and the consecutive outages in the last 4 months of the year, the company was still able to achieve a 41% growth in net profit.

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Kharg Petrochemical Company has seen growth in production and income in July 12025.

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Fanavaran Petrochemical was able to record a 50 percent growth in operating revenues, achieve a net profit of 984 percent more than the previous year

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EORC has 15 projects under implementation in the past, which require 4.5 billion euros in credit to complete. Fortunately, 1.5 billion euros have been provided for these projects and it is expected that the remaining credit for these projects will be provided within five years, until 2029.

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In an unprecedented and inspiring move, Shiraz Petrochemical Company, relying on local knowledge and domestic capabilities, succeeded in repairing and renovating part of the critical “Transfer Line” of Ammonia Unit 3.

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the company managed to record an operating income of 9.940 billion tomans, a growth of 16 percent compared to the same period last year.

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the share of oil and gas production in the Esfahan Refinery is 21% of the country’s total production, and in the production of fuel oil, this product is also considered one of the important products of the Esfahan Refinery, with a share of 14%.

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the sales term may be CFR in some products at times, which depends on the market and the customer.

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the RHU project is known by its original name as the Fuel Oil Upgrade Project because the ultimate goal of this project is to convert fuel oil into valuable, standardized products that are free of any type of sulfur.

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with the implementation of the company’s overhaul after 11 years, the company established the foundations for Sharak’s sustainable production and profitability

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