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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.
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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.
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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.
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When will urea producers’ demand of 45 thousand billion tomans from the government be paid?
The demands of Iranian urea producers have recently been registered in the government’s debt and obligations system, but it is still unclear when the government will pay its debt. According to Energy Press, Iranian urea producers demand 45 thousand billion tomans from the government. Recently, this claim has been registered in the government’s debt and
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Determining the feed rate based on the formula increases profitability
The secretary general of the Iranian Investment Institutions Association emphasized the role of the Ministry of Economy and the Stock Exchange Organization in changing the feed rate of petrochemicals and said: Returning to the formula will lead to economic development through large companies with the ability to compete in global markets and increase the profitability
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Favorable openings have been achieved in the sale of Iranian oil
The spokesperson of the Energy Commission of the Islamic Parliament said: Very favorable openings in the sale of Iranian oil have been achieved by relying on the knowledge, experience and follow-ups of the Minister of Oil and the group of the Ministry of Oil. According to Energy Press, Mustafa Nakhai, emphasizing that the Ministry of
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25% increase in the supply of petrochemical products in the commodity exchange
The Secretary General of the Petrochemical Industry Employers’ Association, emphasizing that the foreign exchange of petrochemicals is still at the top of the country’s production companies, said: “The supply of petrochemical products in the commodity exchange has increased by 25% in the five months of this year compared to the same period last year, with
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If the interests of the shareholders of Isfahan Refinery are not secured, we will complain to the inspection and the stock exchange
In a letter, the shareholders of Isfahan Refinery demanded to secure their interests. Yesterday, Energy Press investigated Sepahan oil stocks in a report that Isfahan Oil Refinery has decided to buy 33% of the company’s shares at a price of 150% more expensive, i.e. at a price of more than 23 thousand billion. This transaction
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Was Ayatollah Khamenei’s prediction about the end of American oil wrong?
The oil revolution and actually hydraulic fracturing made America change from a dependent importer to a reliable producer. The anti-development thinking in the body of the Iranian oil industry is against the use of technology that transformed the oil future of the United States. According to the reporter of Energy Press, the prediction of the
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The need to use renewable energy in electricity production
A member of the Energy Commission of the Islamic Council, stating that we are witnessing the imbalance of electricity in the field of gas and electricity, said: We must use renewable energy in electricity production. According to the report of Energy Press, Hossein Hosseinzadeh stated about energy consumption management solutions: We have disharmony in the
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Iran’s leader of the revolution’s warning about investing in the oil industry/ increasing production by 40%
Pointing out that the Leader of the Revolution said that the increase in investment in the oil industry should lead to an increase in production growth, the Minister of Oil said: With the increase in investment, nearly 40% has been added to Iran’s oil production. According to Energy Press, in the recent meeting between the
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Iran’s industrial electricity consumption is equal to the combined consumption of three European countries
Based on the extracted statistics, the electricity consumption of Iran’s industries is equivalent to the total electricity consumption of the three countries of Switzerland, Denmark and Ireland, while these three countries have a gross domestic product of 1732 billion dollars with this amount of electricity, but inside, the industrial units are equivalent to 130 billion
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Containment of leakage and eruption of oil and gas from Well No. 1 in Shadgan
After 36 hours of efforts, the severe leakage and eruption of oil and gas from Shadgan Well No. 1 was contained with the cooperation of the experts of the National Iranian Drilling Company and the National South Oil-bearing Regions Company. According to Energy Press report, quoted from National Iranian Drilling Company, Shahram Shamipour, deputy CEO