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.

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Fuel smuggling ads hit cyberspace

Fuel smuggling ads hit cyberspace

Everything can be found in cyberspace, from Iranian crude oil exports to gasoline, diesel, fuel oil, and liquefied petroleum gas. Since there is insufficient monitoring of the purchase and sale of fuel in cyberspace and its sources of supply, it seems that traces of smuggling can be seen in online fuel sales.
Will $87 billion in lost rig money be returned to Iran?

Will $87 billion in lost rig money be returned to Iran?

It might not be wrong to claim that the 1990s were one of the most corrupt decades in Iran's oil history. The decade in which the massive Petrochemicalgate corruption scandal was revealed was close to the same years in which the issue of missing oil rigs became a subject of black satire.
Gas outage reduces petrochemical exports by $1.3 billion

Gas outage reduces petrochemical exports by $1.3 billion

Referring to the gas outages of some petrochemical companies, the Secretary General of the National Petrochemical Industries Employers Association said: "Unfortunately, this issue has put pressure on production and we predict that our exports will decrease by at least $1 to $1.3 billion compared to last year." Recently, the CEO of the National Petrochemical Company announced that the Central Bank has allowed 50 percent of the foreign exchange earned from the export of petrochemical products to be invested in the petrochemical companies themselves.