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.

Breaking News

69% of delivered gas was consumed in the domestic sector

69% of delivered gas was consumed in the domestic sector

A spokesman for the National Iranian Gas Company said: "Yesterday, 590 million cubic meters of natural gas, equivalent to 69 percent of the total gas delivered to the national network, was consumed in the domestic, commercial, and industrial sectors."