
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

Changing office hours was effective in reducing electricity consumption
The spokesperson of the electricity industry explained that the change in office hours has been effective in reducing electricity consumption. According to Energy Press, Mustafa Rajabi Mashhadi – the spokesperson of the electricity industry – said about the latest status of the electricity distribution network: We have passed the peak of electricity consumption and this

Electricity bill of 15 million tomans per month was issued for 200 subscribers
The CEO of Tehran Power Distribution Company stated: 15 million tomans monthly electricity bills have been issued for 200 high-consumption subscribers. According to Energy Press, Cambyz Nazerian said in a press conference today and in response to ISNA’s question about the issuing of bills and fines for high-consumption customers, policies have been planned with the

The price of oil increased
Global crude oil prices rose following a significant US withdrawal from stockpiles. According to Energy Press, the release of industrial data indicating a significant drawdown of oil reserves in the United States, the world’s largest fuel consumer, as well as the negative impact of the hurricane in the Gulf of Mexico on investors caused oil

Compensating the gas imbalance in winter by operating phase 11 of South Pars
Pointing out that phase 11 of the South Pars common field is the most border phase of this field, the oil minister said: by operating phase 11, in addition to compensating the gas imbalance in winter, gas migration to the neighboring country (Qatar) was also prevented. According to Energy Press, Javad Oji pointed out that

Office working hours will return to normal
The spokesperson of the electricity industry pointed out: We had planned a target of 1000 megawatts for administrative and general customers, which was achieved by modifying the working hours and monitoring the consumption of cooling systems by more than 85%, and this program continues until Shahrivar 15. The working hours of the offices will also

Oil prices fell
Oil prices fell on Tuesday amid concerns over the possibility of further interest rate hikes in the US, which could affect fuel demand, as well as a tropical storm approaching the US Gulf Coast region. According to Energy Press, oil prices fell on Tuesday (September 7th) due to concerns about the possibility of a further

Last year, 16 billion dollars worth of petrochemical products were exported
Referring to the annual production capacity of 92 million tons of the country’s petrochemical industry, the Minister of Oil said: Last year, $16 billion worth of petrochemical products were exported. According to Energy Press, Javad Oji today (Monday, 6th of Shahrivar) during the ceremony of the official start of gas extraction from Phase 11 of

Sometimes some rumors are denied by the statesmen; But they are implemented
The representative of the people of Khuzestan in the parliament said about the rumor of the increase in the price of gasoline, that experience has shown that many times some rumors are strongly denied by the government, but it is not long before the same rumor is implemented in the society.According to the reporter of

Oil Pipelines and Telecommunications Company’s help to contain the fire of the Gore-Jask pipeline
Iran Oil Pipelines and Telecommunications Company intervened to help contain the fire of Gore-Jask crude oil pipeline.According to Energy Press, according to the Iranian Oil Pipeline and Telecommunications Company, the 42-inch Gore-Jask crude oil pipeline from the projects owned and implemented by the Oil Engineering and Development Company (Metan) caught fire this morning (Monday, September