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
Delivery of oil and gas to power plants increased by 20% this year
The CEO of the National Oil Products Distribution Company announced a 20% increase in the delivery of oil and gas to power plants this year and said: this year, 36% more liquid fuel has been delivered to power plants.
US Department of Energy statistics on Iran’s oil exports to 26 countries
The latest statistics of the US Department of Energy show that in the past year, 187 ships have transported Iranian oil or oil products to 93 ports in 26 countries in the past year, ignoring US sanctions.
Which straits hold the key to the global oil market?
The fate of the world economy is tied to several narrow straits. These straits are the oil highways of the world through which millions of barrels of oil pass daily. From the Strait of Hormuz, the uncontested king of these vital vessels, to the Strait of Malacca, Bab al-Mandeb, the Suez Canal, and the Bosphorus, each in turn plays a key role in supplying the world with energy.
Implementation of development plans to provide stable income for oil industry retirees
The implementation of development plans in the companies under the Oil Industry Pension Fund will ensure stable income to pay the salaries and pensions of oil industry retirees.
In-field well drilling project to prevent the drop in gas production in South Pars
Maintaining the production from the joint gas field with Qatar brings multilateral benefits for the country, therefore drilling 35 infill wells in the joint field of South Pars has been on the agenda for a long time, a plan whose full implementation It will help to develop the gas industry, repair the gas imbalance, economic growth, etc.
The Court of Accounts issued notices to Iran’s National Gas Company and Tovanir Company
The Court of Accounts issued notices to National Gas Company of Iran and Tovanir Company.
Investigation of disagreements in the field of energy in the Consolidation Commission with the presence of the Minister of Oil
The review of the disagreements in the field of energy in the consolidation commission with the presence of the oil minister.
The latest status of Iran’s dam reserves was announced
The water reserves of 22 important dams in the country are less than 25% of the capacity of their reservoirs; In other words, more than three quarters of the reservoirs of these dams are empty.
Increasing Iran’s share in world oil production
The growth of Iran's crude oil and gas condensate production in the third quarter of 2024 compared to the same period last year was about 9 percent.
The Ministry of Oil has forgotten the National Drilling Company!
Failure to select a new CEO of National Drilling Company has made the company's chaotic situation more chaotic than before.
