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
Ali Askari announced:
At Persian Gulf Petrochemical Holding, we had more than one million tons of product increase
The CEO of Persian Gulf Petrochemicals said: The third project is "Hengam", which is one of the prides of the country and Persian Gulf Holding and will be put into operation in 1402.
MP’s question to Iran’s oil minister about not applying discount on gas bills of subscribers
The representative of Shahinshahr in the Islamic Council informed about his question to Javad Oji, Minister of Oil, about the non-application of discounts on the gas bills of the subscribers.
An energy expert stated:
Iran’s government’s positive actions in oil marketing were fruitful
Mehdi Hashemzadeh emphasized the necessity of creating an oil market and said: "Right now, we are witnessing that Iran's exports have made good progress with the positive measures that have been taken in creating an oil market, and it is necessary to continue this process, and if the sanctions are lifted, we can play an important role in the world markets."
Iran’s oil production increased to 3.4 million barrels per day
The spokesperson of the Oil, Gas and Petrochemical Products Exporters Union said: The latest published reports show that Iran's oil production has increased to 3.4 million barrels per day.
Iran’s gas export to Turkey has been stopped since July
The statistics of the European Commission Statistics Center show that Iran's gas export to Turkey stopped in July this year and was negligible in August.
Iran’s oil exports to China hit a record
Citing the obtained data, Kepler announced the historical record of daily export of more than 1.8 million barrels of Iranian oil to China this month.
The record of production and sales of stock refineries was reviewed in the first half of this year;
Shiraz Refinery is at the top of the refining industry
A look at the production and sales situation of stock refineries in the first half of this year shows that these companies produced a total of 25 million and 132 thousand cubic meters of refined products in the first 6 months of this year, which is about 1.1% more than the same period last year.
An employee of the Ministry of Petroleum became the champion in the Para-Asian Games
Hashemieh Mottagian, an unofficial employee of Iran's National Drilling Company, won the Para-Asian Games in Hangzhou.
CEO of Ariasasol Polymer:
Iran has a 23% share in Middle East polymer production
The vice-chairman of the Petrochemical Commission of the Oil, Gas and Petrochemical Exporters Union announced the increase in polymer production in the country and said: During the month of September, one of the major companies in this field produced 168,000 tons of various products, which is a 9% growth compared to September 2022.
Nouri Petrochemicals bought 20% of Arvand Petrochemical shares for $380,000,000
According to Nouri Petrochemical's announcement, this petrochemical has bought 20% of Arvand Petrochemical in the auction.
