The collapse of industry, the rise of oil; how did Iran’s economy get caught in a vicious cycle?
Nili warns that if no solutions are found, large industrial enterprises will also shrink within the next 10 years.
Blending methanol with gasoline is a better alternative than converting it
The CEO of Zagros Petrochemical Company did not consider the plan to convert methanol into gasoline to be cost-effective under current economic and technical conditions.
Declining demand for gasoline has cast doubt on the future of the methanol-to-gasoline conversion project
The CEO of Shastan Commercial Investment Company believes that the plan to convert methanol into gasoline is a risky investment in the current circumstances and given global developments.
Breaking News
Iran’s oil exports to China increase
The American news outlet reported that the flow of oil from Iran to China increased this month after traders overcame logistical obstacles caused by US sanctions.
Pezeshkian: Bilateral cooperation between Iran and Russia in the energy sector is positive
The President assessed the bilateral cooperation between Iran and Russia in the energy, industry, transportation, and trade sectors as very good and positive, and said: "The signing of the Comprehensive Strategic Cooperation Agreement between Iran and Russia is one of the most important manifestations of cooperation between the two countries."
Holding the First National Digital Oil Refinery Conference
The first national digital oil refinery conference and the second national idea show event were held by the Innovation and Entrepreneurship Center of the Abadan Petroleum Faculty in cooperation with the Abadan Oil Refining Company with the aim of introducing and improving the quality level of using artificial intelligence in the industry.
Collection of flare gases from East Karun by the end of the year
Referring to the project to collect gases from the East Karun flares by the Persian Gulf Bidblond Company, the CEO of the National Petrochemical Industries Company said: "By the end of this year, 14 flares from this project will be extinguished."
A meeting and consultation between the Minister of Economy and the President of the OPEC Fund was held
The Minister of Economy and Finance met and discussed with the head of the OPEC Fund on the sidelines of the annual conference on challenges and opportunities facing emerging economies in Saudi Arabia.
Gasoline imports handed over to the private sector
Regarding the latest status of importing super gasoline by the private sector, the CEO of the National Petroleum Products Refining and Distribution Company said: "With the coordination made with the Ministry of Economy, it will soon be possible to issue licenses to the private sector."
9 capital projects approved in Karun oil and gas
The head of planning at Karun Oil and Gas Exploitation Company announced the approval of nine capital projects in the company, estimated at around one trillion tomans in 1403.
Bilateral cooperation agreement between the National Iranian Gas Company and the Ministry of Communications to solve the problem of energy imbalance
The Deputy Minister of Oil for Gas Affairs emphasized: For better management of energy resources, cooperation between the government, parliament, and the private sector can also help create effective solutions to solve energy imbalance problems.
Increasing consumption of refined products despite the upward trend in production over the past ten years
With the growth and development of domestic knowledge-based companies, 85 percent of the refining industry's equipment is now domestically manufactured, and in a refinery overhaul operation, up to 25,000 parts are sometimes replaced.
Preventing a decline in oil production in the oil-rich areas of the south
The CEO of Karun Oil and Gas Exploitation Company announced the company's successful implementation of hot tapping and branching operations on the wall of the gravity-fed reservoir for the first time in the southern oil-rich areas, preventing a daily reduction of 80,000 barrels of oil production.
