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
The largest oil platform in the Persian Gulf returned to production
The CEO of Iran's continental shelf oil company said: The overhaul operation of the Salman platform, as the largest oil platform in the Persian Gulf, was successfully completed in the shortest possible time, and this common oil field returned to production.
How much electricity do air conditioners consume?
The tendency to use gas, split and duct split air conditioners even in temperate regions, i.e. 80% of the total area of Iran, has been increasing in recent years, while water coolers in terms of producing pleasant humidity and coolness, economic efficiency and more conventional energy consumption, They are still the best option for most regions of the country.
Iran’s oil exports to China hit a record
Iran's oil export to China broke its seven-month record in May. During this month, Beijing has bought 1.540 thousand barrels of crude oil daily from Tehran.
How did Iran failed in exporting gas?
A senior energy expert said: We have a defined project for oil of about 1,600,000 barrels per day, which in a proper environment and international interaction can quickly reach production and increase our capacity to over 5 million barrels, but we cannot; Because we have no money.
Gasoline will not have three prices in Iran
The Deputy Minister of Oil said: The issue of three rates of gasoline is baseless and nothing in this format has been announced until today. Rather, non-price policies are on the government's agenda.
Iran’s electricity consumption increased by 6 thousand megawatts compared to last year
The CEO of Tavanir Company announced the increase of 6 thousand megawatts of electricity consumption in the country compared to last year.
The electricity of Iran’s industries will increase by 10%
CEO of Iranian Electricity Production, Transmission and Distribution Management Company (Tavanir) said: Based on the planning, we are trying to increase the energy delivered to industries by 10%.
Signing the contract for the development and operation of Changule square
The CEO of the National Oil Company said: "The contract for the Chengoleh oil field with an on-site reserve volume of 3.2 billion barrels of oil and the goal of daily production of 60 thousand barrels of oil will be signed soon."
Trading 60% of the electricity produced by power plants in the energy exchange
The Minister of Energy stated in the open floor of the parliament: According to the 7th development plan, it was decided that 60% of the electricity produced by the power plants will be sold in the energy exchange by the end of this plan, but I promise you, the members of the parliament, that this goal will be achieved by the end of June this year. The first year of implementation of the seventh program is realized.
60% increase in credit supply of petrochemical products in Iran
Gholami, the director of the development of downstream industries of the National Petrochemical Company, said: the credit supply of petrochemical products has increased by about 60% in the first 2 months of 2024 compared to the same period last year.
