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
Gas consumption in the capital increased by 17%
The spokesperson of Tehran Province Gas Company announced a 17% increase in gas consumption in the capital compared to the same period last year.
840 million cubic meters of natural gas are produced daily in the country’s refineries
The director of production coordination and supervision of the National Iranian Gas Company, pointing out that refineries play an important role in the production of gas in all parts of the country, said: Now 840 million cubic meters of gas are produced in the country's refineries every day.
China’s oil investment in Iraq instead of Iran
Chinese investment in Iraq's oil industry has reached 10 billion dollars, while this country, which is the largest buyer of Iranian oil and has a 25-year cooperation agreement with Iran, does not actively invest in any of the projects of Iran's oil industry.
Burning of burner gases in Fajr Jam Refinery decreased
The CEO of Fajr Jam Gas Refining Company announced a 70% reduction in the burning of burner gases in this complex.
The necessity of managing energy consumption and giving priority to renewable energies
The first vice president said: It is necessary to prioritize the policies of optimizing and managing energy consumption, especially the use of renewable and new energies.
Trump will push the maximum pressure campaign against Iran’s oil industry
The professor of political science and economics at Williams College said that as far as Iran is concerned, we should not be too happy about the change of approach by the new Trump administration and it seems that he not only intends to continue the previous sanctions but also to intensify them.
A coordination meeting for the development of joint oil fields was held
The first coordination meeting of the Engineering and Oil Development Company was held with the Khatam Al Anbiya camp with the aim of expanding cooperation and continuous development of joint oil fields.
The determination of the representatives of the Arab governments to invest in Iran’s oil industry
The CEO of the fuel consumption optimization company met and talked with the economic and investment representative of the Arab governments with the aim of exploring the creation of new opportunities in the field of energy.
The increase of Sepehr and Jafir field oil production to 51 thousand barrels
Production from Sepehr and Jafir fields reached 51,000 barrels per day after well No. 7 of Jafir field entered the circuit.
Will China’s oil imports from Iran and Saudi Arabia decrease?
Bloomberg's claim about the purchase of African oil by small Chinese refineries has raised the question of whether this action means a reduction in Iranian oil imports or not. But geopolitical factors show that embargoing Iran's oil is impossible in the new Trump era and Beijing will continue to buy Iranian oil.
