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Economic alliance against sanctions: A historic opportunity for Iran, Russia
SHANA (Tehran) – The intensification of Western sanctions and shifting global power dynamics have opened a new phase in economic cooperation between the Islamic Republic of Iran and the Russian Federation, presenting a historic opportunity for both countries to expand their economies.
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Iran, Russia to finalize six cooperation documents at joint commission
SHANA (Tehran) — Iran and Russia are set to finalize six separate cooperation documents following negotiations by 16 working groups during the first two days of the 19th Iran-Russia Joint Economic Commission, a senior Iranian oil official said Monday.
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19th Iran-Russia Joint Commission to cement long-term ties
SHANA (Tehran) – Iran views the 19th meeting of the Iran-Russia Joint Economic Commission as an opportunity to turn understandings into executable projects and tangible results, a senior oil ministry official said Monday.
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Iran, Russia aim for $20b in annual trade
SHANA (Tehran) — Iran and Russia are aiming to increase their annual bilateral trade to $20 billion, a senior Iranian oil ministry official said Monday, as the two countries opened a joint economic commission in Tehran.
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Tehran and Moscow’s economic convergence;
A strategic partnership in emerging global order
SHANA (Tehran) – The Iran–Russia Joint Economic Commission, the most important official mechanism for expanding bilateral cooperation, has played a central role over the past two decades in strengthening economic, energy and trade relations between Tehran and Moscow. Amid geopolitical shifts and intensified Western sanctions, the commission has increasingly become a strategic platform for expanding long-term cooperation between the two countries.
تیتر دو
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Iran, Russia review progress on previous agreements
SHANA (Tehran) — Iran and Russia held consultations on the implementation of previous agreements during the opening day of the 19th Joint Economic Commission, a senior Iranian oil official said Monday.
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Seventh Development Plan prioritizes completion of methanol chain
SHANA (Tehran) — The CEO of Fanavaran Petrochemical Company said Iran’s Seventh Development Plan places strong emphasis on completing the methanol value chain, stressing that selecting the right projects is critical to the petrochemical industry’s future.
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Simultaneous development of three greenfield reservoirs resumes after 15-year pause
SHANA (Tehran) – The Engineering and Construction Director of the National Iranian Central Oil Company (NICO) announced the simultaneous development and production of three greenfield reservoirs—Dey, Khartang, and Tous—after a 15-year hiatus in the expansion of new fields under the company’s oversight.
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Farzad field jacket heads for Iran-Saudi offshore border
SHANA (Tehran) – The project manager for development of the joint Farzad field said the first jacket for the Farzad B gas field has been successfully loaded and will soon be transported for installation in the Persian Gulf.
Analysis
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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.
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War of Aggression on Iran and Global Energy Security
SHANA (Tehran) – Ever since the Zionist regime launched its invasion of Iran, energy has become a pivotal issue in international fora. Two key issues, energy price and energy security, were focused upon by the media, political elite, and economists due to Iran’s prominent role in energy production and exports and its strategic position in the Strait of Hormuz.
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Analysis of the War on Iran
SHANA (Tehran) –The 12-day war imposed by the Tel Aviv regime against Iran on 13 June 2025, targeting mainly nuclear and military installations in addition to infrastructure, constitutes one of the most complicated geopolitical crises of recent decades. Iran responded forcefully to the strikes. Although the United States initially refused to engage in the war, there was no doubt from the very beginning that it was the main ally of the Zionist regime in this crisis. That is why, when it was convinced that Iran had the upper hand on the battlefield, the US intervened and bombed Iranian nuclear facilities. It is highly significant to review the Zionist regime and the US objectives and scenarios in the war on Iran.
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Attack on the Heart of Energy Security
SHANA (Tehran) – Energy security scholarship has long recognized the interconnected nature of global energy systems (Yergin, 2006; Winzer, 2012). The concept encompasses not merely the availability of energy resources but also the stability of supply chains, market predictability, and the resilience of energy infrastructure. Climate policy literature similarly emphasizes the need for coordinated international action and stable investment environments to achieve decarbonization goals (IPCC, 2022).
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.