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

Fajr Energy is the first rank of safety of Persian Gulf Holdings

Fajr Gulf Energy Company won the first place in the field of safety and the third place in HSE among the subsidiaries of the Persian Gulf Petrochemical Industries Group.

Turning the energy industry towards the development of clean hydrogen energy

Climate changes and oil and gas crises have caused many countries to invest in hydrogen and consider it as a serious alternative to fossil fuels.

The Iran LNG project is secured by 1.4 billion dollars in financing

The Chairman of the Board of Directors of the Oil Industry Pension Fund said: The way of financing the Iran LNG project will be through finance and the required amount will be around 1.4 billion dollars.

Providing attractive rates for the sale of electricity from Iran’s power plants in the energy exchange

The Minister of Energy said: Power plants all over the country can sell their produced electricity to subscribers at attractive rates on the energy exchange.

Gasoline should not be rationed except in cases of war

A member of the Energy Commission of the Iranian Parliament said: Maybe someone does not want to own a car or does not have a license or prefers to use a public vehicle, so there is no need to allocate fuel to people.

Spokesperson of Iran's Ministry of Foreign Affairs:

Kuwait’s claims about Arash Square are unfortunate

In response to the repetition of Kuwait's unilateral claim about Arash Square in the final statement of the Emir of Kuwait's visit to Egypt, the spokesperson of the Ministry of Foreign Affairs rejected this claim and added that the repetition of these unilateral and baseless claims by the Kuwaiti side is regrettable.