Getting to know Iran’s petrochemical holdings; this is Parsian Oil and Gas

Getting to know Iran’s petrochemical holdings; this is Parsian Oil and Gas

Parsian Oil and Gas Petrochemical Holding is one of the major players in the country's petrochemical industry, which, with about 20 percent of Iran's production capacity and complexes such as Pardis and Zagros, has earned the title of the country's largest urea producer and one of the most important methanol producers in the Middle East.

$700 million in gasoline savings by expanding ridesharing

$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.

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24% decrease in water reserves in the country’s dams

24% decrease in water reserves in the country’s dams

The amount of water reserves in dams on the 10th of Khordad 1403 (1924) exceeded 35 billion cubic meters, which, when compared to the current volume of water reserves in dams, indicates a 24% decrease in the country's dam water reserves.
Iran emphasizes bilateral talks on Arash gas field

Iran emphasizes bilateral talks on Arash gas field

The Foreign Ministry spokesman announced: "Iran has always emphasized constructive cooperation with the Kuwaiti government in the field of energy, especially regarding the Arash gas field and the joint exploitation of its resources, based on bilateral negotiations and the history of previous talks."
Iran-US talks raise oil prices

Iran-US talks raise oil prices

Oil prices rose on Tuesday as concerns about supply increased due to media claims that talks between Iran and the United States may not reach a conclusion, while the dollar weakened.
Fuel smuggling wastes $8 billion of the country’s resources annually

Fuel smuggling wastes $8 billion of the country’s resources annually

The advisor to the CEO of the National Iranian Petroleum Refining and Distribution Company reported that $6 to $8 billion of the country's resources are wasted annually due to fuel smuggling, saying: "We must have a national perspective in fuel allocation, while the relevant agencies have a sectoral perspective."