Getting to know Iran’s petrochemical holdings; this is Parsian Oil and Gas

Parsian Oil and Gas Petrochemical Holding is one of the major players in the country's petrochemical industry, which, with about 20 percent of Iran's production capacity and complexes such as Pardis and Zagros, has earned the title of the country's largest urea producer and one of the most important methanol producers in the Middle East.

$700 million in gasoline savings by expanding ridesharing

Hossein Mirafazli, an energy expert, says: If only 10 percent of intracity trips are shared, about two million liters of gasoline will be saved daily, which is equivalent to more than $700 million in annual savings for the Iranian economy.

Getting to know Iran’s petrochemical holdings; this is Petroculture’s episode

Petrofarhang Holding, the economic arm of the Farhangian Reserve Fund, has been able to consolidate its position as one of the main players in Iran's petrochemical industry in recent years, focusing on methanol production and developing petrochemical projects, and has emerged from losses with significant growth in production and profitability.

Breaking News

20 mobile fuel stations were established at border terminals

CEO of Iran National Oil Products Distribution Company said: 17 mobile fueling machines and 20 mobile fuel supply stations have been deployed at border terminals for the welfare of Arbaeen Hosseini pilgrims.

The increase in the price of Iranian oil

OPEC's latest monthly report showed that Iranian heavy oil prices rose in July, halting the decline seen in the previous two months.

How does Iran bypass oil sanctions?

Iran is one of the countries that was subjected to the most cruel sanctions by the countries of the world. But according to NDTV, the restrictions imposed by the United States have largely failed to prevent the export of Iranian oil, which is considered one of the main pillars of Tehran's economy.

Gasoline imbalance adjustment using CNG fuel

The secretary of the country's CNG Association believes that currently the most correct and available solution to adjusting gasoline imbalance is the use of CNG fuel.

Fixing the electricity imbalance requires 25 billion dollars of investment

The Secretary of the Electricity Industry Syndicate said: We must spend 20 to 25 billion dollars in the electricity industry in the next 4 years to have 130,000 megawatts of power plant capacity and leave today's imbalance behind.

The start of the construction of the Khuzestan 180,000 barrel refinery

Maulavi, the representative of Abadan people in the Islamic Council, announced the order of the chairman of the energy committee of the parliament to implement the construction of the 180,000 barrel refinery in Khuzestan (the second Abadan refinery).

Fossil fuel power plants will be phased out in the next 3 years

Amidpour, head of the Niro Research Institute, said: Our assessment is that in the next 2 to 3 years, the construction of fossil power plants will not be justified in the world.

The losses suffered by petrochemicals due to power outages

The Secretary General of the Petrochemical Industry Employers Association says that petrochemical industries have suffered 10-15% losses from power outages.

Iran’s position in the LNG business will change?

The Secretary General of the Oil Export Federation stated: Iran is the second holder of gas reserves in the world, the third producer and the fourth consumer of natural gas in the world, it seems that in the current situation, it can diversify the consumption portfolio and eliminate the imbalance of part of the global gas market by optimizing gas consumption. and strengthen its role in the world energy market.

New buyers of Iranian oil

Citing shipping sources and data, Reuters claimed in a report that Iran has found new buyers for its crude oil and that the country's oil shipments have been sent to Oman and Bangladesh.