
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

Tehran’s dams’ water reserves are only 20 percent
Emphasizing that water is a cross-sectoral issue, the water industry spokesperson said: "The Ministry of Energy alone cannot solve its problems, and other agencies must solve water problems by improving the development model."

Shiraz Petrochemical Gas Cut Off
Shiraz Petrochemical Company announced: Production halt in all production units due to the announcement of restrictions on gas consumption by the Fars Province Gas Company.

Preventing the waste of 1.3 billion cubic meters of gas in South Pars by reducing flare gases
The CEO of the South Pars Gas Complex said: "By implementing the plan to reduce flare gas emissions by the end of this year, the annual waste of 1.3 billion cubic meters of gas in South Pars will be prevented."

Supplying 25% of saline gas to the Central Regions Oil Company
The head of production management at the Central Iranian Oil Company, pointing out that more than 25 percent of the country's gas needs are produced by this company, said: "The average daily gas production of the Central Iranian Oil Company in the first seven months of 1403 was about 163.5 million cubic meters per day, which indicates that the company's gas production goals have been achieved by 122 percent."

US sanctions against Iran have not stopped oil exports, they have only changed their direction
Chevron's CEO announced that Washington's current sanctions against Tehran have only changed the export route of Iranian oil shipments.

Iran’s natural gas production increases despite continued sanctions
The Minister of Oil, pointing out that despite the cruel and unilateral sanctions imposed by the US government over the past few years, Iran's natural gas production has increased to 275 billion cubic meters per year, said: "Territorial tensions and threats not only affect regional stability, but also pose significant risks to global energy security."

Oil Minister: We will sign high-value gas contracts in the near future
Zirnaft said: "High-value gas contracts will be signed soon, some of which will be with domestic companies and some with foreign companies, and a number of these contracts will be concluded this year."

Gas consumption in Tehran province increased by 34 percent
A spokesman for the Tehran Provincial Gas Company said: Gas consumption in this province has increased by 34 percent in the past 24 hours compared to the same period last year.

GECF members condemn Zionist regime’s actions against Iran
The Deputy Minister of International Affairs and Trade of the Ministry of Oil, noting that all members of the Gas Exporting Countries Forum emphasize condemnation of the Zionist regime's attacks against the Islamic Republic of Iran, said: "This issue was addressed appropriately in this meeting."

Importance of GECF meeting in Tehran; Gas market awaits exporters’ decision
Importance of GECF meeting in Tehran; Gas market awaits exporters' decision. Considering the estimated increase in gas demand in the short and medium term, especially in Europe, the Gas Exporters' Forum meeting was held in Tehran with a focus on increasing production and is expected to have an impact on the gas production and trade process.