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Iran, Russia near finalizing gas trade deal
SHANA (Tehran) — Iran and Russia are close to finalizing a long-negotiated gas trade agreement after reaching consensus on most of the contract's key provisions, oil minister said Monday.
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Tehran, Moscow agree to fast-track economic ties
SHANA (Tehran) — Russia's energy minister said Tehran and Moscow have agreed to accelerate efforts to remove obstacles facing companies from both countries, adding that bilateral energy cooperation has produced satisfactory results despite recent challenges.
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Iran, Russia finalize core terms of gas trade deal
SHANA (Tehran) — The managing director of the National Iranian Gas Company said Monday that the main terms and framework of a gas trade agreement between Iran and Russia have been finalized, with only two outstanding issues remaining before the deal can be signed.
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Human capital takes center stage in refining strategy
SHANA (Tehran) — The CEO of the National Iranian Oil Refining and Distribution Company (NIORDC) said human capital development and talent management are at the heart of the company's new strategic plan, emphasizing that organizational growth is impossible without investing in people.
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Spox hails oil industry for performance during third imposed war
SHANA (Tehran) – Government spokesperson Fatemeh Mohajerani said that despite damage to parts of Iran's oil infrastructure and facilities during the third imposed war, the public did not experience fuel shortages, calling the performance of the country's oil and refining sectors "an unparalleled achievement."
تیتر دو
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NIORDC pushes demand management, fuel diversity to tackle gasoline shortfall
SHANA (Tehran) – Iran's push to close the widening gap between gasoline supply and demand is centering on two strategies: managing consumption and diversifying the country's fuel mix, according to a senior refining official.
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Universities urged to lead on energy efficiency
SHANA (Tehran) — President Masoud Pezeshkian called for universities to play a greater role in addressing Iran’s national challenges, describing energy consumption management as one of the most important areas where academic expertise can make a difference.
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Iran holds steady as OPEC's No. 2 oil producer
SHANA (Tehran) – Iran maintained its position as OPEC's second-largest oil producer in June, according to the organization's latest monthly report, with output rising to 2.441 million barrels per day (bpd).
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Oil Ministry nears completion of public relations overhaul document
SHANA (Tehran) —Oil Ministry is in the final stages of revising its comprehensive public relations framework and drafting a transformation plan aimed at modernizing communications across the country’s oil industry, the ministry’s director general of public relations and spokesperson said Monday.
Analysis
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A responsibility-inspiring perspective
SHANA (Tehran) - Today, the Islamic Republic of Iran bids farewell to a Martyred Leader who devoted his life to the dignity of Islam, the independence of Iran, and the advancement of the Islamic Republic. Through tireless dedication, he charted a path of resistance, honor, and progress for the Iranian nation.
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Iran’s oil industry in the post-agreement era
SHANA (Tehran) – With the signing of the agreement between Iran and the United States, and under the guidance and strategic vision outlined by the Leader of the Islamic Revolution, Iran is entering a new era of work, development and progress while remaining vigilant against the designs of its adversaries. The reality is that Iran’s oil industry learned and practiced self-reliance through the teachings of the late founder of the Islamic Republic, relying on domestic expertise, innovation and the capabilities of Iranian professionals. Today, the Leader of the Revolution has once again emphasized that same belief and approach.
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OPEC: Obituary or reincarnation?
SHANA (Tehran) – OPEC started back in 1960. Legend has it that five oil ministers showed up in Baghdad because they were fed up. Saudi Arabia, Iran, Iraq, Kuwait and Venezuela were all watching foreign oil companies set prices that barely covered their costs. The story goes that the oil they were selling was worth less than the tea on the table during the meeting.
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Boosting Well Productivity by Innovative Strategies
SHANA (Tehran) - Iran sits atop the world’s largest hydrocarbon reserves, with its massive South Pars gas field alone holding an estimated 280 tcf of recoverable natural gas. Yet despite this abundance, maximizing well productivity remains a critical challenge for Iran’s oil and gas industry.
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Iran Oil Sector: A Paradox of Potential and Opportunity
SHANA (Tehran) - Iran, strategically located in the Middle East and Central Asia, holds a huge amount of oil and gas. We are talking about some of the world’s largest proven crude oil and natural gas reserves. This means the country’s energy sector is incredibly important on the global scene, with immense potential for investment and for really capitalizing on Iran’s substantial wealth.
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War on Iran Ignites Long-Term Global Oil Instability
SHANA (Tehran) – The recent air strikes by the Zionist regime on Iran’s industrial centers, oil and gas facilities, and civilians have sent shockwaves through the global oil markets. The attacks led to a significant but short-lived increase in prices.
Report
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$3.5bn Invested in Tehran Refinery Upgrading
SHANA (Tehran) - Tehran’s oil refinery is among the oldest and leading oil refining facilities in Iran. It is instrumental in producing vital fuels like gasoline, gasoil and jet fuel. With a refining capacity of 250,000 b/d of crude oil and enjoying a strategic location near Tehran, the facility has a major share in national energy supply. Upgrading the quality of petroleum products has been a priority of the Ministry of Petroleum under the 14th administration. That would require upgrading the refinery.
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Iran Oil Industry Unfazed by War
SHANA (Tehran) – Nearly four decades after the end of the imposed war on Iran, the Zionist regime, which has occupied Palestine, launched military strikes on Tehran and some other cities as well as Iran’s oil facilities in a flagrant violation of international law and national sovereignty of the Islamic Republic of Iran.