$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

A strategic grade was produced at Bandar Imam Petrochemical

Bandar Imam Petrochemical, with the efforts of its specialists, succeeded in producing Grade 7000F, one of the highest quality heavy polyethylene products under license from Mitsui of Japan, at the Basparan Complex.

Export of gas produced from the third row of the South Pars Phase 14 refinery has begun

The CEO of Petropars Group said: "The export of gas produced from the third tier of the sweetening unit of the South Pars Phase 14 refinery has begun successfully."

China’s oil imports from Iran increase

China increased its crude oil imports from Iran in June, and independent Chinese refiners bought more Iranian oil.

Restarting production in Zagros

Zagros Petrochemical, which had suspended its production lines since June 15 due to the country's critical conditions, has now announced that phases one and two of the complex have resumed production as of Saturday, July 27. This suspension was made to protect the safety of human resources and operational infrastructure, and the company emphasized that the return to production was carried out with careful planning and as quickly as possible.

Iran’s oil exports did not decrease during the war

Despite the conflict between Iran and Israel, contrary to the claims of the Zionist regime's media, Iran's oil exports not only did not decrease, but also remained at a level of about 2.2 million barrels per day, according to Kpler data.

If the Strait of Hormuz is closed, where will the oil pass? Petroline, Fujairah, or Ceyhan?

The Strait of Hormuz, a vital artery for global energy exports, remains an irreplaceable bottleneck. Any disruption to the flow of oil through this route would alter the geopolitical equations of energy; despite efforts by countries to design alternative routes, none are able to cover the crisis.

3 Phase of Pardis Petrochemical Project Decommissioned

Following the recent attacks by the Zionist regime and the emergence of emergency conditions in the region, Pardis Petrochemical Company suspended the production of three operational phases of ammonia and urea in order to protect the safety of personnel and reduce possible losses. This suspension was officially announced in a company announcement, and its financial effects are being reviewed.