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Iran seeks faster oil facility reconstruction
SHANA (Tehran) – Caretaker oil minister has called for closer cooperation with banks and the use of diverse financing and contractual arrangements to accelerate the reconstruction of oil industry facilities damaged in the third imposed war.
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Caretaker oil minister:
SP refinery repairs on track, targets gas output recovery by late fall
SHANA (Tehran) — Caretaker oil minister said Tuesday that reconstruction of damaged South Pars refineries is proceeding satisfactorily and that the oil industry is working at full capacity to secure stable energy supplies this winter.
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SP refineries ready for winter, caretaker oil minister says
SHANA (Tehran) — Iran has completed most overhaul operations at its South Pars refineries and is accelerating reconstruction and development projects to ensure stable gas supplies during the coming winter, Caretaker Oil Minister Hamid Bovard said Tuesday.
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Caretaker oil minister tours Pars Energy Zone to assess war-damage repairs
SHANA (Tehran) – Caretaker oil minister is visiting the Pars Special Economic Energy Zone to review reconstruction of facilities damaged during the Third Imposed War, aiming to speed the return of lost capacity to production and ensure a stable national gas supply ahead of winter.
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Iran's oil industry passes a test of resilience
SHANA (Tehran) – Rebuilding damage, restoring lost capacity and emerging with pride from a test of resilience are now defining features of Iran's oil industry. They stem from deep political and social change in Iranian society over more than four decades.
تیتر دو
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President calls for fuel distribution overhaul
SHANA (Tehran) – Stressing the need to reorganize fuel distribution, combat smuggling and reform how energy subsidies are allocated, the president called for the benefits of reduced consumption and curbed waste to go to disadvantaged groups.
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Iran oil industry advances data governance, AI
SHANA (Tehran) – Iran’s oil industry is advancing data governance and artificial intelligence initiatives to boost productivity, reduce costs and generate economic value, a senior Oil Ministry official said.
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Bidboland completes major maintenance ahead of winter
SHANA (Tehran) – Bidboland Gas Refinery has completed its overhaul operations to ensure a stable energy supply during the cold months, with efficiency measures helping cut carbon dioxide emissions by 1,000 metric tons, its managing director said.
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OPEC basket price surges above $110 in September
SHANA (Tehran) – The average price of the Organization of the Petroleum Exporting Countries’ crude basket rose by $24.15 in September 2026 from the previous month, exceeding $110 per barrel, according to OPEC’s October monthly report released Tuesday.
Analysis
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Dialogue is central to OPEC’s objectives
SHANA (Tehran) – ‘Dialogue’ is an evocative word, one that has engaged some of civilization’s greatest minds. It has also been front and centre of OPEC’s objectives since the Organization was formed back in September 1960.
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Geopolitical Risk is no Longer an Exception:
New Normal for Energy Investment in Persian Gulf
SHANA (Tehran) - The disruption of maritime traffic through the Strait of Hormuz has altered the investment logic of energy projects across the Persian Gulf. Geopolitical risk is no longer treated as a remote event to be mentioned briefly in a force-majeure clause. It is increasingly incorporated into the base-case assumptions used by equity investors, commercial banks, export credit agencies, insurers, contractors and commodity buyers.
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Why is the IEA questioning the reliability of Persian Gulf producers?
SHANA (Tehran) – In an interview with the newspaper, The National, on July 8, 2026, when talking about the Strait of Hormuz situation, Dr Fatih Birol, the Executive Director of the International Energy Agency (IEA), said that PersianGulf oil exporters “need to regain their reputation as reliable exporters.”
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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.
Report
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OPEC at 66: A chance to reconsider its historic role
SHANA (Tehran) – As OPEC marks its 66th anniversary, it should use the occasion to review its past and reassess its future. Above all, the organization must become more cohesive internally if it is to preserve and strengthen its position and influence. Temporary political and bilateral differences among member states should not become international disputes within OPEC, allowing the organization to maintain and enhance its collective strength.
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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.