Shana

First premium gasoline trade completed on Iran Energy Exchange

SHANA (Tehran) – The first trade of premium gasoline at a base price was executed on the Iran Energy Exchange.

Appointment of acting public relations chief at NPC

SHANA (Tehran) – The National Petrochemical Company appointed Peyman Karimi as acting head of public relations, the company announced.

NPC appoints acting head of IT, communications

SHANA (Tehran) – The CEO of the National Petrochemical Company appointed Shahram Rezaei as acting director of the company’s Information and Communications Technology Department.

CEO Bovard appoints new NICO head

SHANA (Tehran) – Hamid Bovard, managing director of the National Iranian Oil Company, appointed Gholamreza Farahani on Saturday as the new chief executive of the Naftiran Intertrade Company (NICO), according to an official decree.

Gasoline, diesel output up 9m liters since start of current administration

SHANA (Tehran) – The deputy head of the National Iranian Oil Refining and Distribution Company (NIORDC) said total gasoline and diesel production has risen by 9 million liters per day from the start of the 14th administration through September, an increase equivalent to the output of a refinery processing 100,000 barrels of crude oil per day.

President: Gov’t fully prepared for winter

SHANA (Tehran) – President Masoud Pezeshkian said the government is fully prepared to manage the coming winter and emphasized that if each individual, household or organization cuts energy use by just 10 percent, the country could save between 800,000 and 900,000 barrels of oil per day.

Gov’t spox:

Sales of imported premium gasoline to begin Sunday

SHANA (Tehran) – The government spokesperson announced that sales of imported premium gasoline will begin Sunday, emphasizing that the move will not affect quotas for first- and second-tier subsidized gasoline.

A strategic step for the gas industry in enhancing network resilience

SHANA (Tehran) – The CEO of Iran Gas Engineering and Development Company announced the successful hydrostatic testing of a 16-inch pipeline connecting the Sarajeh upstream manifold to the gas processing facilities at the Sarajeh gas storage site in Qom.

Aghar, Dalan facilities ready to keep homes warm this winter

SHANA (Tehran) – The head of the Aghar and Dalan, Dey and Sefidzakhur operational region reported the area's readiness for maximum gas production during the cold season. He said the region's annual overhaul was completed during turbulent days, coinciding with the 12-day war and the intense heat of the south, thanks to round-the-clock efforts by staff.

US imposes new sanctions on Iranian oil network

SHANA (Tehran) – The US Treasury Department imposed sanctions on a network of front companies and shipping intermediaries accused of facilitating Iran’s oil sales, in what it described as an effort to curb Tehran’s oil revenue.

Top process safety management projects selected in Iran’s oil industry

SHANA (Tehran) – The director general of health, safety and environment at the Oil Ministry announced the selection of outstanding projects implementing process safety management systems across affiliated oil industry companies for the Iranian year 1404.

President: Energy use reform to strengthen industry

SHANA (Tehran) – The president underscored the need for fundamental reforms in the energy sector, saying the government plans to gradually replace household gas consumption with electricity to free up more natural gas for industry and boost national value creation.

Rumors of gasoline price hike denied

SHANA (Tehran) – The Public Relations Department of Iran’s Oil Ministry denied rumors circulating about an increase in gasoline prices, calling the claims baseless and stressing that any announcement about fuel price adjustments will be made only through official channels.

Acceleration planned for development of Aban, Paydar Gharb fields

SHANA (Tehran) – The 35th meeting of the Joint Management Committee for the development of the Aban and Paydar Gharb fields was held to review key issues including equipment supply, contract add-ons, and the status of surface and subsurface operations. The committee approved a set of new decisions aimed at speeding up development and reducing operational risks.

NIDC seen as key to stability, growth

SHANA (Tehran) – The head of the National Iranian Oil Company (NIOC) described the National Iranian Drilling Company (NIDC) as strategically important to the country’s oil and gas production, saying higher drilling efficiency, reduced nonoperational times and greater organizational agility are among the industry’s main expectations.

Management changes seen as catalyst for faster oil industry development

SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) described recent leadership changes as an opportunity to accelerate the development of Iran’s oil and gas sector, emphasizing that this direction will continue.

Fuel distribution monitoring strengthened with smart systems

SHANA (Tehran) – The operations director of the National Iranian Oil Products Distribution Company (NIOPDC) emphasized stepped-up oversight of fuel distribution outlets, saying smart monitoring systems enable the immediate detection of discrepancies and improve accuracy in controlling distribution processes.

Gasoline consumption up 9m liters compared with last year

SHANA (Tehran) – The head of the National Iranian Oil Products Distribution Company (NIOPDC) said average daily gasoline consumption has reached 133 million liters since the start of the year, an increase of 9 million liters compared with the same period last year.

Countdown begins for jacket installation at Farzad joint field

SHANA (Tehran) – The director of the Farzad gas field development project said Pars Oil and Gas Company is moving to accelerate development of the joint field and that the WHP1 platform jacket will soon be loaded out and installed at one of the country’s most challenging offshore gas sites.

CNG industry development saves $75b

SHANA (Tehran) – The head of the CNG project at the National Iranian Oil Products Distribution Company said the country has saved $75 billion in gasoline consumption since the start of its CNG industry.

Process safety management seen as key strategy for production stability

SHANA (Tehran) – The Oil Ministry’s director general for health, safety and environment (HSE) said process safety management is the most important strategy the oil industry is pursuing to ensure production stability and reduce losses.

Energy Optimization Organization seen as step toward better energy governance

SHANA (Tehran) – The research and technology director of the National Iranian Gas Company praised the government’s creation of a new “Energy Optimization and Strategic Management Organization,” saying the structure could move the country closer to stronger energy governance.

No surprise measures planned on energy carriers

SHANA (Tehran) – The head of the Organization for Energy Policy and Strategic Management said Wednesday the public should have no concerns about possible changes to energy carriers, emphasizing that the government has no intention of surprising people with sudden decisions.

No current problems selling oil: Oil minister

SHANA (Tehran) – Oil Minister Mohsen Paknejad said Iran is not facing any problems selling its oil and has prepared contingency plans should restrictions tighten.

Petchem sector meets all first-year goals of Seventh Development Plan

SHANA (Tehran) – The head of Iran’s National Petrochemical Company said the petrochemical industry achieved 100% of its first-year targets under the Seventh Development Plan and called for stricter safety inspections and stronger process-safety systems.

Roll-up operation completed for Farzad B gas platform jacket

SHANA (Tehran) – The roll-up operation for the four-legged jacket of the Farzad B shared gas field platform was successfully carried out at the Khorramshahr industrial yard.

NIOC appoints acting head of oil and gas production oversight

SHANA (Tehran) – The National Iranian Oil Company appointed Reza Kheilaei as acting director of its Oil and Gas Production Oversight Department.

Hasheminejad Gas Refinery on winter standby to ensure stable production

SHANA (Tehran) – The CEO of the Shahid Hasheminejad Gas Refining Company said regular overhauls, intelligent process management, and dedicated, round-the-clock efforts are key to the company's success, particularly in maintaining gas production during cold weather.

Daily diesel consumption drops by 3-5m liters through bodies cooperation

SHANA (Tehran) – The head of the National Iranian Oil Products Distribution Company said the significant price difference between domestic and border prices for oil products is the main driver of smuggling. He announced that through coordinated efforts, daily diesel consumption has recently fallen by 3 to 5 million liters.

Oil Ministry, Police ink MoU to combat fuel smuggling

SHANA (Tehran) – The National Iranian Oil Refining and Distribution Company, representing the Oil Ministry, and Iran’s Police signed an agreement aimed at strengthening coordination, creating smart monitoring mechanisms and expanding organized cooperation to protect national resources and curb fuel smuggling.