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

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

$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.

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With the activation of the trigger mechanism the heavy oil discounts are on the way

With the activation of the trigger mechanism the heavy oil discounts are on the way

As the trigger mechanism becomes approaching and the return of international sanctions, the issue of the impact of these sanctions on Iranian oil exports has been hot again. "The activation of the trigger mechanism usually increases the risk of sanctions, and in the Iranian market, instead of raising prices, it appears more discounts than oil indicators," says energy expert Abdullah Babakhani.