Shana

Cease-fire brings calm to oil market amid complex outlook  

SHANA (Tehran) - A spokesperson for Iran’s Union of Exporters of Oil, Gas, and Petrochemical Products stated that the oil market is simultaneously influenced by fundamental factors, countries’ economic conditions, and political developments. 

60th ASB of OPEC launched

SHANA (Tehran) - The Organization of the Petroleum Exporting Countries (OPEC) launched the 2025 edition of its Annual Statistical Bulletin (ASB) on Wednesday, July 2 2025, at the OPEC Secretariat in Vienna, Austria. 

No disruptions to Iran’s oil exports, Paknejad says

SHANA (Tehran) – Oil Minister Mohsen Paknejad said Wednesday that Iran’s oil exports are continuing unchanged in volume and terms, adding, “At present, we have no concerns in this regard.”

Resilience during the 12-day war:

From daily distribution of 200m liters of gasoline to sustained production

SHANA (Tehran) – For 12 days, as Iran faced attacks from the Zionist regime and an imposed war, the oil industry operated seamlessly—unshaken and unwavering. It stood firm, ensuring no home was left without power and no fuel shortages disrupted the nation.

Fuel supply network stability achieved through efforts of 160,000-person chain

SHANA (Tehran) – The CEO of National Iranian Oil Refining and Distribution Company (NIORDC) highlighted the smart strategies and round-the-clock efforts of 160,000 operational personnel in the fuel supply and distribution chain to maintain the stability of the country’s fuel network during the imposed war with the Zionist regime.

Oil Ministry shows remarkable resilience amid 50% surge in gasoline demand

SHANA (Tehran) – The spokesperson for Fuel Stations Union of Iran reported a more than 50% increase in average gasoline consumption during the 12-day war with Israel, calling fuel distribution resilience a "significant challenge."

Iran’s economic sector effectively handled wartime pressures

SHANA (Tehran) – Iran’s first vice president said that on the first day of the 12-day war, gasoline consumption exceeded production by 80 million liters, but the situation was managed effectively due to collective efforts on the economic front, with the oil industry performing notably well during the crisis.

Convergence, collaboration key to sustainable production in petchem industry

SHANA (Tehran) – The CEO of National Petrochemical Company (NPC) emphasized that cooperation among petrochemical holdings and companies, along with the implementation of NPC’s approved programs during the 12-day imposed war, helped achieve planned objectives in emergency management.

Oil industry’s performance during war exemplified crisis management

SHANA (Tehran) – A member of the Iranian Parliament’s Energy Committee described the oil industry’s performance during the 12-day war with the Zionist regime as a prime example of infrastructure resilience, centralized command and organizational cohesion.

Salman field water injection system back in service

SHANA (Tehran) – The CEO of Iran’s Offshore Oil Company announced the return of the Salman field’s water injection system to service, stating that with the startup of the gas injection compressor turbine by the end of the first half of this year, oil production from the shared Salman field will increase, and flared gas will also be reduced.

Thanks to Oil Ministry’s planning;

Fuel supply maintained during 12-day war

SHANA (Tehran) – The head of the Iranian Parliament’s Oil, Gas, and Petrochemical Industries Oversight Committee stated that one of the Israeli regime’s objectives in the 12-day imposed war was to target the country’s energy infrastructure. Despite the challenges and critical conditions, the Oil Ministry ensured a stable supply of fuel, including gasoline and gas.

Oil prices drop 10% last week

SHANA (Tehran) – Oil prices, which had recently surged to a five-month high amid escalating tensions between the Israeli regime and Iran, fell by about 10% last week as hostilities subsided.

MP praises Oil Ministry’s efforts during 12-day war

SHANA (Tehran) – A member of Parliament’s Energy Committee praised the Oil Ministry’s efforts during the 12-day war imposed by the Zionist regime, saying the ministry—from the minister to managers, deputies, and hardworking employees—acted selflessly.

NIOC: Oil industry did not halt amid threats

SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) described Operation "True Promise 3" as a symbol of the Islamic Republic of Iran's defensive strength and the nation’s decisive response to enemy aggression.

Paknejad attends funeral for martyrs of national sovereignty

SHANA (Tehran) – Oil Minister Mohsen Paknejad joined a large crowd of passionate, revolutionary citizens in Tehran on Saturday to pay tribute to the heroic martyrs and soldiers of the homeland.

Easing tensions calm oil prices

SHANA (Tehran) – The decline in oil prices following the announcement of a ceasefire reflects the global market's realism, according to an energy expert.

Petchem industry: Iran’s strategic stronghold in times of crisis

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC), in a message, praised the selfless dedication of the industry’s employees during the 12-day attack by the Zionist regime, calling the petrochemical sector a strategic, people-centered institution and a pillar of the country in critical times.

South Pars gas field maintains sustainable production during 12-day war

SHANA (Tehran) – The CEO of Pars Oil and Gas Company (POGC) announced the return of the damaged South Pars Phase 14 refinery unit to production, praising the efforts and dedication of employees.

Oil Ministry’s key role in fuel management during crisis

SHANA (Tehran) – Iran’s First Vice President praised the Oil Ministry’s effective role in ensuring stable fuel and energy management during the 12-day aggression by the Zionist regime, saying the ministry once again demonstrated its capability and resilience under difficult circumstances.

PEDEC: Development of joint oilfields continues strongly

SHANA (Tehran) – The CEO of Petroleum Engineering and Development Company (PEDEC) emphasized the strategic importance of border regions, such as West Karun, stating that the development of shared oilfields is progressing strongly with coordinated planning and a targeted approach.

Oil Ministry’s effective performance during Israeli Regime’s attacks

SHANA (Tehran) – A member of the Iranian Parliament’s Energy Committee praised the Oil Ministry’s “precise, coordinated and impactful” performance during the 12-day war imposed by the Israeli regime against Iran. Despite the conflict, fuel supply and distribution continued uninterrupted due to the on-the-ground presence of senior officials.

NIORDC expresses thankfulness for fuel supply workers

SHANA (Tehran) – The CEO of the National Iranian Oil Refining and Distribution Company (NIORDC) praised the tireless efforts of employees in maintaining stable fuel supplies following the Zionist regime’s attack on Iranian soil.

Tribute to the nation, armed forces, and scientists

Paknejad highlights oil industry staff’s role in crisis

SHANA (Tehran) – The oil minister paid tribute to the Iranian people, the armed forces, and martyred scientists, highlighting the oil industry’s preparedness and swift response to the Zionist regime’s aggression.

NIOC CEO appreciates Persian Gulf operational staff

SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) spoke with employees working at operational sites in the Persian Gulf, thanking them for their dedication during critical times for the country while reviewing the latest production updates.

Governor general:

100-year-old gasoline consumption record broken in Tehran Province

SHANA (Tehran) – Tehran Governor General Mohammad-Sadeq Motehmadian announced that 28 million liters of gasoline were consumed in a single day, stating that despite the unprecedented surge in demand, fuel supply was maintained without issues.

President Pezeshkian:

All credit for historic victory belongs to great nation of Iran

SHANA (Tehran) – President Masoud Pezeshkian said the latest victory against the US-Zionist act of aggression is the result of steadfastness, unity, and resilience of the Iranian people.

Tehran governor general appreciates Oil Ministry for fuel supply

SHANA (Tehran) – Tehran Governor General Mohammad-Sadeq Motamedian said Tuesday that despite multiple attacks on fuel storage facilities by enemy forces, fuel delivery continued uninterrupted with the help of neighboring provinces and armed forces.

Trump tells everyone to keep oil prices down after Iran attacks

SHANA (Tehran) – US President Donald Trump expressed a desire on Monday to see oil prices kept down amid fears that the aftermath of the attacks on Iran's nuclear facilities could cause them to spike.

High-level passive defense committee meetings held in oil industry

SHANA (Tehran) – The High-Level Passive Defense Committee of the National Iranian Oil Company (NIOC) holds regular meetings to assess the latest developments and plan operational measures for future actions.

President meets with ministers to streamline public services

SHANA (Tehran) – President Masoud Pezeshkian met separately with the ministers of industry, mining and trade; oil; and agriculture on Monday to discuss ensuring the continuity and efficiency of public service delivery.