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

The statement of the Ministry of Petroleum about the damaged oil tankers off the coast of Singapore

The collision of two oil tankers near the coast of Singapore occurred while some media reported that the cargo of one of these oil tankers was two million barrels of Iranian crude oil, but the Ministry of Petroleum stated that none of the damaged oil tankers were related to Iran and none of them were carrying oil. They were not raw from Iran.

The electricity of high consumption offices will cut off

The Minister of Energy said: "The government's emphasis has always been that the consumption management programs should start from the government departments, and according to this, the distribution companies are obliged to cut off the electricity of those departments that do not reduce their electricity consumption."

40% of Iran’s electricity is used for air conditioners

40% of the country's electricity consumption on peak days is related to cooling devices, especially gas coolers, which become more active as the air gets hotter.

How much electricity imbalance will the 14th government of Iran inherit?

An energy expert while stressing the need to liberalize industrial electricity prices in the 14th government, said: "Now, there is an imbalance of 15,000 megawatts of electricity at the peak of load."

Handing over 7 million cubic meters of wastewater to industries

A responsible official said: In 2024, for the first time in the country's history, the wastewater from Tehran's sewage treatment plants will be offered on the stock market, and in the first offering, 7 million cubic meters of wastewater will be available to industries.