EghtesadOnline: Export of petroleum products including mazut, diesel and gasoline has hit a trough over the past few days, spokesman of the Petroleum Products Exporters Union said.
EghtesadOnline: Due to the big increase in liquefied fuel consumption over the last few weeks, the National Iranian Oil Company has stopped selling diesel and mazut on the Iran Energy Exchange, the company’s representative in charge of offering petroleum products in IRENEX said.
EghtesadOnline: Thermal power plants have a small share in air pollution as almost all use gas, and emissions from gas combustion are way below those from other fossil fuels like diesel and mazut, says head of Economic, Social and Environmental Studies Office at the Renewable Energy and Energy Efficiency Organization (Satba).
EghtesadOnline: To comply with the International Maritime Organization (IMO) new regulations for a 0.5% global sulphur cap for marine fuels, refineries are making concerted efforts to lower sulphur content in mazut production, spokesman of the Iranian Oil, Gas and Petrochemical Products Exporters' Association said.
EghtesadOnline: Iran's overall non-oil foreign trade (except crude oil, mazut, kerosene and exports via suitcase trade) during the first half of the current Iranian year (March 21-Sept. 22) stood at $ 2.16 billion, indicating a 8.07% decline compared with same period of last year, the Islamic Republic of Iran Customs Administration reported.
EghtesadOnline: Consumption of environmentally-unfriendly liquid fuels like diesel and mazut in power plants and farming declined 31% over the past six years, the Oil Ministry's deputy for planning and economic affairs said.
EghtesadOnline: Shazand Refinery in the central city of Arak, Markazi Province, has cut production of mazut, an eco-unfriendly fuel, to less than 7% by optimizing its processing facilities, managing director of the complex said.
EghtesadOnline: Over 68,000 standard parallel Salaf (forward) securities for fuel oil (mazut) worth 4 trillion rials ($26.8 million) was offered Monday by the National Iranian Oil Company on the Derivative Market of Iran Energy Exchange.
EghtesadOnline: The National Iranian Oil Company generated $8.6 billion from selling five petroleum products namely gasoline, diesel, mazut, kerosene and liquefied gas in the fiscal 2017-18, Fars news agency said as quoted by the Supreme Audit Court of Iran.
EghtesadOnline: More than 90% of power stations in Iran are running on natural gas as feedstock and concerted efforts are being made to stop using fuels like mazut to generate power by the end of the current fiscal year that ends in March 2018, the managing director of Iran Power Generation, Distribution and Transmission Company, or Tavanir, said.