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
Armenia’s electricity exports to Iran increase
According to the decision of the Armenian government, the country's electricity export capacity to Iran will increase from 350 MW to 1,200 MW, which could also help Iran's electricity grid.
Iran halts gas exports to Iraq
The Iraqi Ministry of Electricity announced that the country has lost 5,500 megawatts of electricity following the cessation of Iranian gas exports to Iraq.
Experts’ opinion on resolving the gasoline imbalance in Iran
The most important challenges of energy imbalance, centered on "gasoline", were examined in a meeting of economic experts, and emphasis was placed on governance reform and infrastructure development and modernization.
Modernizing the public transportation fleet plays a major role in resolving the gasoline imbalance
A member of the presiding board of the Energy Commission of the Islamic Consultative Assembly pointed out the role of worn-out vehicles in the imbalance of gasoline and air pollution and said: "Now is the time to take a more serious look at the issue of diversifying the fuel basket, scrapping worn-out vehicles, introducing electric vehicles, and optimizing consumption."
Petrofarhang Holding’s commitment to enter downstream petrochemical industries
The CEO of the Farhangian Reserve Fund emphasized Petrofarhang Holding's efforts to enter the downstream petrochemical industries and other profitable fields.
We are facing an 18,000 megawatt electricity imbalance/We do not want to say under what circumstances we took over the government
The Ministry of Oil's request for investment in the Foruzan Joint Oil Field Development Plan was discussed and reviewed at the Economic Council meeting.
Increasing renewable energy capacity to more than 1,800 megawatts
Deputy Minister of Energy Tarz Talab announced an increase of 500 megawatts in the capacity of renewable power plants by the end of this year, adding: "The capacity of new energies in the country will increase to more than 1,800 megawatts this year."
Oil production increased in Arvandan
Arvandan Oil and Gas Company successfully completed a complex operation in North Gaspé and brought several closed and salt wells back into production.
Where has the Tehran Refinery gasoline production project reached?
The Tehran Refinery gasoline production project is underway with 88% progress and will be put into operation in 1404.
Abadan Refinery Phase 2 Sulfur Solidification Unit Put into Operation
The CEO of Abadan Oil Refining Company announced the operation of the company's Phase 2 sulfur solidification and granulation unit with a capacity of 460 tons.
