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
400 million dollar social responsibility project was defined in the oil industry
The Minister of Oil said: In the oil industry, 400 million dollars of projects have been defined in the form of social responsibility.
US, Venezuela to announce oil sanctions deal on Tuesday
The Biden administration and Venezuelan President Nicolas Maduro's government are expected to announce a deal on Tuesday that would ease U.S. sanctions on Caracas' oil industry while opening up Venezuela's 2024 presidential election, the Washington Post reported on Monday.
Reviewing the monthly activity report of lubricant companies in the stock market
Reviewing the monthly activity report of lubricant companies in the stock market this month shows that Shaspa and Shebehran have recorded the highest increase in monthly income compared to September 2022 in this group, with an increase of 34.1 and 33.3 percent, respectively.
One person died in an incident at the Parsian Gas Refinery
The head of public relations of Parsian Gas Refining Company announced the death of one of the employees in the incident of this company.
The CEO of Kimyaye Pars Middle East Petrochemical in an interview with "Energy Press":
Installment or barter, solution for gas debt of petrochemicals
Amir Ganjidoost said: by cutting off gas and stopping the production of petrochemicals, no demand will be collected, the solution to the problem of gas debt is to Installment or barter it by requesting the Farhangian reserve fund from the government.
Deputy Minister of Industry, Mining and Trade:
The high consumption of gasoline became a concern
The high consumption of gasoline in the country has become alarming and one of the reasons for using electric cars is the high consumption of gasoline.
What are the best-selling petrochemicals in September compared to 2022?
The record of petrochemical companies on the stock exchange was reviewed compared to September of last year; Based on this, Maron, Ghadir, Pars and Zagros petrochemicals have been included in the best-selling list, but Khark, Urmia, Shiraz and Pardis petrochemicals hit the lowest-selling record.
Jam Petrochemical Overhaul schedule has been announced
Jam Petrochemical announced that it will carry out overhaul from October 23 to November 26.
Iran's oil minister announced:
The embargo on Iran’s oil exports has not been lifted
Emphasizing that there is no more news about the freezing of the sold crude oil shipments and the storage of gas condensate, the oil minister said: According to the American senators, no discount or lifting of sanctions has been done in the field of selling and exporting Iranian oil.
Governor of the Central Bank of Qatar: We adhere to our commitments with Iran for 6 billion dollars
The governors of the Central Bank of the Islamic Republic of Iran and Qatar discussed issues related to the development of banking cooperation and joint investments after the transfer of 6 billion dollars to Iranian banks in Qatar.
