$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.

Getting to know Iran’s petrochemical holdings; this is Petroculture’s episode

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.

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Which straits hold the key to the global oil market?

Which straits hold the key to the global oil market?

The fate of the world economy is tied to several narrow straits. These straits are the oil highways of the world through which millions of barrels of oil pass daily. From the Strait of Hormuz, the uncontested king of these vital vessels, to the Strait of Malacca, Bab al-Mandeb, the Suez Canal, and the Bosphorus, each in turn plays a key role in supplying the world with energy.
In-field well drilling project to prevent the drop in gas production in South Pars

In-field well drilling project to prevent the drop in gas production in South Pars

Maintaining the production from the joint gas field with Qatar brings multilateral benefits for the country, therefore drilling 35 infill wells in the joint field of South Pars has been on the agenda for a long time, a plan whose full implementation It will help to develop the gas industry, repair the gas imbalance, economic growth, etc.