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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Growth equivalent to a new refinery; 9 million jump in gasoline and diesel production in the 14th government

Growth equivalent to a new refinery; 9 million jump in gasoline and diesel production in the 14th government

The deputy head of the National Refining and Distribution Company announced that daily production of gasoline and diesel has increased by a total of 9 million liters during the 14th government, an increase equivalent to the launch of a new refinery. He also announced the major reconstruction of the RFCC unit of the Arak refinery after 13 years; a move that prevented the unit from permanently shutting down at the peak of recent consumption and pressures.