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
Concerned view of China and India on the possibility of tension in the Strait of Hormuz / The commercial life of India and China depends on the Strait of Hormuz
From January to September, China imported 4.2 million barrels per day of crude oil through the Strait of Hormuz, accounting for 43% of the country's crude oil. Also, nearly 60% of New Delhi's imports are through neighboring countries in the Persian Gulf, which shows the great importance of the Strait of Hormuz for these two countries.
CEO of Persian Gulf Holding in a conversation with Energy Press:
The contract for the development of Maron and Ahvaz is finalized
The CEO of Persian Gulf Holding announced the company's entry into the upstream fields and said: "This company has reached a preliminary agreement with the Ministry of Petroleum on the development of two large gas fields, Marun Khami and Ahvaz Khami, and the final contract for the development of these fields is in the final stages."
Government spokesman: People will not be surprised about the increase in the price of gasoline
The government spokesman said: As has been emphasized many times, people will not be surprised about the increase in the price of gasoline.
Consequences of Iran-Russia gas contract
The gas contract between Iran and Russia can have important consequences for the region and, first of all, it will turn Iran into the hub of the region and bring Russian gas to India.
Gasoline subsidy in the name of people for the sake of airlines
The widespread misuse of energy subsidies, especially in the air transport sector, has become a serious problem. Airlines earn huge profits by receiving huge fuel subsidies, and on the other hand, they do not reduce ticket prices. Meanwhile, the government annually pays billions of tomans in fuel subsidies to these companies in order to reduce the cost of air travel for people.
CEO of Persian Gulf Holding:
Chemical parks projects have not been stopped; The first park comes to life in Chabahar
The CEO of Persian Gulf National Petrochemical Company stated that the project of chemical parks has not been stopped and announced that the first park in Chabahar will be started within the next two months.
Formation of a special working group for the development of CNG in the country
The CEO of the National Oil Products Refining and Distribution Company, referring to the Ministry of Oil's planning to diversify the vehicle fuel portfolio and develop the CNG industry, said: "There are many challenges facing the CNG operators, which the Oil Ministry is trying to solve by solving these challenges and reforming the business model, in addition to Protecting the interests of stakeholders and guaranteeing the economy of incumbents will pave the way for the development of the CNG industry.
Hawayar’s great achievement in the field of air and gas separation
Oil and gas after sales service unit of Hawayar Industrial Group succeeded in Overhaul and successfully launched ASU package in one of the countries of the region.
The transfer of 70 billion liters of the country’s oil in the first half of 2024
The CEO of Iran Oil Pipelines and Telecommunications Company emphasized the full readiness of the oil transportation industry for winter fuel transportation, pointing out that 70 billion liters of petroleum products have been sent throughout the country during the first 6 months of this year.
Tension in the Strait of Hormuz is a serious threat to oil exporters in the Persian Gulf
Saudi Arabia, Bahrain, Qatar, and the United Arab Emirates carry out most of their oil exports through the Strait of Hormuz, and any tension in this region can seriously disrupt the energy exports of these countries and, as a result, global markets.
