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
Urmia Petrochemical Company became the “Top Company in terms of Fast Growth”
Urmia Petrochemical Company was awarded the title of "Best Company in terms of Fast Growth" in the 1403 ranking of Iran's Top Companies (IMI-100).
Arghavangostar saves 20 million euros by relying on the knowledge-based company Rapco
The CEO of Arghavan Gostar Petrochemical Company of Ilam stated: "By relying on the engineering capabilities of Rapco Company, we managed to save more than 20 million euros in equipment purchase costs. This achievement shows the importance of trusting domestic knowledge-based companies and utilizing their capabilities."
Exploration activities in the marine sector will resume in the 14th government
The exploration director of the National Iranian Oil Company stated that this management has not had any exploration drilling activities in the sea since 2019, and said: "With the signing of contracts to supply the rig, for the first time in the 14th government and after a five-year hiatus, exploration activities in the sea sector will begin."
Seizure of the National Oil Company building in Rotterdam, Netherlands
After London, this time it was Rotterdam's turn; the Dutch regional court ordered the confiscation of another property of the National Iranian Oil Company (NIOC) due to the Crescent case.
Increasing gas production in South Pars
The deputy head of development plans at Pars Oil and Gas Company said: "With the completion of one of the gas wells in Phase 13 of South Pars, the gas production capacity from this phase increased by 1.7 million cubic meters per day."
Fajr Energy saves 2 million euros in foreign exchange by supporting domestic companies
Due to the severe fluctuations in the exchange rate in the country, Fajr Energy Persian Gulf Company managed to save more than two million euros in foreign exchange by prioritizing rial contracts with domestic suppliers.
Russia’s willingness to export gas to Iran
As part of Moscow's efforts to diversify its gas export flow, the Russian President announced on Friday that Russia may supply a maximum of 55 billion cubic meters of gas to Iran per year.
867 million cubic meters of gas were delivered to the national network
A spokesman for the National Iranian Gas Company announced the delivery of 867 million cubic meters of gas to the national network yesterday (January 18).
When will the removal of the car fuel card be decided?
The spokesperson for the National Gas Station Owners Association said: Based on the parliament's resolution on the budget law, it is expected that the issue of eliminating the car fuel card and allocating subsidies to individual bank cards will be decided in the first quarter of 1404.
An important step has been taken to launch the Urea Petrochemical Unit at Hengam
With continuous planning and round-the-clock efforts of Hengam Petrochemical's urea commissioning unit, the commissioning of the cooling water line began, and thus the pre-commissioning operation of the urea unit's ancillary services was successfully completed.
