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

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.

Breaking News

Gas consumption in Tehran province increased by 34 percent

A spokesman for the Tehran Provincial Gas Company said: Gas consumption in this province has increased by 34 percent in the past 24 hours compared to the same period last year.

GECF members condemn Zionist regime’s actions against Iran

The Deputy Minister of International Affairs and Trade of the Ministry of Oil, noting that all members of the Gas Exporting Countries Forum emphasize condemnation of the Zionist regime's attacks against the Islamic Republic of Iran, said: "This issue was addressed appropriately in this meeting."

Importance of GECF meeting in Tehran; Gas market awaits exporters’ decision

Importance of GECF meeting in Tehran; Gas market awaits exporters' decision. Considering the estimated increase in gas demand in the short and medium term, especially in Europe, the Gas Exporters' Forum meeting was held in Tehran with a focus on increasing production and is expected to have an impact on the gas production and trade process.

20% increase in domestic gas consumption

66 percent of the natural gas delivered to the national network yesterday (December 6) was allocated to the domestic, commercial, and small industrial sectors, which is a 20 percent increase compared to the same day last year.

More than 60% of the global energy portfolio will be supplied by fossil fuels by next year

The former Secretary General of the Gas Exporting Countries Association, pointing out that gas is a suitable fuel in transition, said: "We (the world's gas exporters) believe that by 2050, more than 60 percent of the global energy portfolio will still be supplied by fossil fuels."

Abbas Akhundi: China did not give us $21 billion of our oil money!

Abbas Akhundi revealed the nature of China-Iran relations during Ahmadinejad's reign.

GECF Secretary General Arrives in Tehran to Attend Gas Exporters Summit

The Secretary General of GECF arrived in Tehran to attend the 26th Ministerial Meeting of the Gas Exporting Countries Forum from December 6 to 8.

It is not fair to allocate a fuel card to someone who owns multiple cars

Parliamentary Deputy Pezizkian stated: "If a fuel card is going to be issued, it should be issued to all people and it should be in the name of the person, not the name of the vehicle."

700 million liters of fuel transferred to Tehran’s power plants

The deputy director of operations for the Tehran Region Oil Pipelines and Telecommunications Company announced that more than 700 million liters of fuel have been transferred to the country's power plants since the beginning of this year.

Holding a ministerial meeting of the Gas Exporting Countries Forum in Tehran

The Deputy Minister of Oil for International Affairs and Trade announced the gathering of the world's largest gas exporters in Tehran and said: "These countries collectively hold 70 percent of the world's gas reserves, 40 percent of production, 47 percent of gas exports through pipelines, and 51 percent of LNG exports."