$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.
Electric heating, the key to freeing Iran from deadly dependence on domestic gas
Energy expert Hossein Mirafazli believes that the way out of the gas consumption crisis is to reduce dependence on gas and expand the use of electricity in home heating; a model that many developed countries in the world have adopted for years.
Breaking News
No increase in electricity consumption in Tehran compared to last year
The CEO of the Greater Tehran Electricity Distribution Company said: "This summer, the capital experienced one of the most effective periods of transition from peak electricity consumption to date by implementing smart consumption management plans, equipping high-consumption subscribers with smart meters, and effective subscriber participation."
China bought less oil from Iran in July
China's imports of Iranian crude oil fell last month, according to data firm Kepler.
Why do China and India continue to buy oil from Russia and Iran despite US warnings?
Despite Trump's explicit threats and pressure from Washington, China and India continue to import cheap oil from Russia and Iran, a decision rooted in economic interests and an independent energy policy. Could this move pose potential risks for them from Trump?
The National Oil Company owes the National Development Fund $17 billion
The chairman of the National Development Fund's executive board said: "The National Oil Company directly and indirectly owes about $17 billion to the Development Fund."
Chains that are not yet complete; Behind the scenes of the failure of MTO and MTP projects in Iran
While value chain development has become a common buzzword in Iranian petrochemical industry literature, many projects, including MTO and MTP, are still stalled at the raw material sales stage. Petrochemical expert Mohsen Ansari considers “the need for large investments” and “feed instability” to be the most important reasons for the failure of these projects. According to him, in the current situation, the “ethylene” and “propylene” chains have the greatest potential for real completion in Iran and more focus needs to be placed on their development.
The Executive Plan for Oil Financial Transparency was reviewed by the Seventh Program’s Steering Council
The "Executive Plan for Transparency of Revenues and Expenditures of the National Iranian Oil Company," subject of Section 18 of Article 119, was discussed at today's meeting of the Steering Council of the Seventh Progress Program.
Success of major repairs at South Pars Site 2 relying on Iranian knowledge
The deputy head of Site 2 of the South Pars Gas Complex announced the successful implementation of major repairs at the refineries of this site and said: "This operation, relying on local technical knowledge and equipment, is an important step in increasing the productivity and sustainability of natural gas production."
China’s decisive response to the US: Oil purchases from Iran and Russia continue
In response to US calls to stop buying oil from Iran and Russia, China's Foreign Ministry stressed that Beijing will not change its energy policy under external pressure.
Getting to know one of Iran’s petrochemical companies: This part is Maroon Petrochemical
Maroon Petrochemical Company is one of the largest petrochemical production complexes in Iran, which was established on February 1, 1998, with the aim of implementing the Seventh Olefin Project.
Water crisis in Iranian dams; only 43 percent of reservoir capacity is full
Currently, despite 22.2 billion cubic meters of water stored in the country's dams, 43 percent of the dam reservoirs' capacity is full and 57 percent of this capacity is empty.
