Iran’s urea price rises in global markets

Iranian urea export prices for January loading have increased to $307 per ton on a FOB basis, compared to $303-$304.5 per ton previously.

Reasons for the failure of the sanctions on Iran’s oil fleet

The second Trump administration is seeking to impose sanctions on 35 companies and ships to increase pressure on Iran, but experts believe that market conditions and the lack of support from China and Arab countries will prevent this from happening.

50% increase in gasoline consumption over 5 years / Increasing prices will not solve the problem

An energy expert said: "The energy imbalance in the country is increasing every year, such that gasoline consumption has increased by 50 percent in five years, and a similar situation exists in other energy carriers. It seems that in these circumstances, an energy ministry should be established."

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We are trying to update the standards of the oil industry/We must achieve state-of-the-art technology

The head of the Process Engineering Group of the Technical Standards and Regulations Department of the General Directorate of the Technical, Executive and Evaluation System of the Engineering, Research and Technology Department of the Ministry of Oil said: "To become an energy hub in the region, we must achieve world-class technology so that we can compete with companies such as Aramco and Qatar Petroleum."

Armenia’s electricity exports to Iran increase

According to the decision of the Armenian government, the country's electricity export capacity to Iran will increase from 350 MW to 1,200 MW, which could also help Iran's electricity grid.

Iran halts gas exports to Iraq

The Iraqi Ministry of Electricity announced that the country has lost 5,500 megawatts of electricity following the cessation of Iranian gas exports to Iraq.

Experts’ opinion on resolving the gasoline imbalance in Iran

The most important challenges of energy imbalance, centered on "gasoline", were examined in a meeting of economic experts, and emphasis was placed on governance reform and infrastructure development and modernization.

Modernizing the public transportation fleet plays a major role in resolving the gasoline imbalance

A member of the presiding board of the Energy Commission of the Islamic Consultative Assembly pointed out the role of worn-out vehicles in the imbalance of gasoline and air pollution and said: "Now is the time to take a more serious look at the issue of diversifying the fuel basket, scrapping worn-out vehicles, introducing electric vehicles, and optimizing consumption."

Petrofarhang Holding’s commitment to enter downstream petrochemical industries

The CEO of the Farhangian Reserve Fund emphasized Petrofarhang Holding's efforts to enter the downstream petrochemical industries and other profitable fields.

We are facing an 18,000 megawatt electricity imbalance/We do not want to say under what circumstances we took over the government

The Ministry of Oil's request for investment in the Foruzan Joint Oil Field Development Plan was discussed and reviewed at the Economic Council meeting.