Shana

Iran speeds up oil depot reconstruction

SHANA (Tehran) – Iran is accelerating reconstruction and rehabilitation work at damaged oil depots in Tehran and Karaj, drawing on the technical expertise and commitment of oil industry workers to ensure uninterrupted fuel supplies across the capital and the country, the head of the National Iranian Oil Engineering and Construction Company said.

NIOPDC maintains fuel supplies despite infrastructure damage

SHANA (Tehran) – Iran continues to supply fuel to Tehran and the country’s northern regions without interruption through its extensive pipeline network and petroleum product transfer facilities, despite damage to some infrastructure, the head of the National Iranian Oil Products Distribution Company said.

Iran proposes energy cooperation to boost Caucasus stability

SHANA (Tehran) – Iran has proposed expanding energy cooperation among countries in the 3+3 regional format to promote peace and stability in the South Caucasus by leveraging the region’s own resources and infrastructure.

South Pars refinery reconstruction continues around the clock

SHANA (Tehran) – Reconstruction of a damaged refinery at South Pars gas field is progressing around the clock, with officials hoping to restore operational sections in time for the start of the cold season, the CEO of Payandan Co. said.

SP refinery repairs exceed 48% completion

SHANA (Tehran) – Reconstruction work at Iran’s damaged South Pars gas refineries has progressed more than 48%, with one processing unit expected to resume operations in early December, adding 12.5 million cubic meters per day to the country’s gas output, the CEO of OIEC said.

Damaged South Pars unit 74% complete

SHANA (Tehran) – The damaged processing unit at Phase 14 of Iran’s South Pars gas field has reached 74% physical progress, with operations expected to resume by early February, the head of the Iran Industrial Development and Renovation Organization (IDRO) said.

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.

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.

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.

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.

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.

Governor general urges energy savings as SP repairs continue

SHANA (Tehran) — The governor general of Bushehr province said Tuesday that reconstruction of damaged South Pars facilities cannot be completed before winter and called on the public to help by using energy more efficiently.

ICOFC completes gas well drilling, repairs three oil wells

SHANA (Tehran) — Iranian Central Oil Fields Company has finished drilling and installing wellhead facilities on several gas wells in the Khangiran, Khartang and Tous fields and repaired three oil wells in the first half of the Iranian year 1405, a company official said.

OPEC+ ministers pledge continued coordination as shipping costs surge

SHANA (Tehran) – Energy and oil ministers from nations in the Declaration of Cooperation met Monday on the sidelines of the 17th International Energy Forum (IEF) ministerial meeting and the 25th World Petroleum Congress (WPC) Energy Congress in Riyadh.

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.

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.

Iran prepares for winter gas supply, cracks down on illegal crypto mining

SHANA (Tehran) — Iran is preparing contingency plans to maintain natural gas supplies during winter, particularly in northern provinces vulnerable to pressure drops, while stepping up efforts to curb gas theft and improve energy efficiency, a member of Parliament’s Energy Committee said.

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.

President: Petrol costs about 5,000 tomans to deliver, but we sell it at 1,500

SHANA (Tehran) – The president has said petrol is currently moved at a cost of around 5,000 tomans, yet it is sold to consumers at 1,500 tomans.

ICOFC beats first-half targets in Southern Zagros, west, and east

SHANA (Tehran) – Output above plan in the Southern Zagros and western operating areas, a 1 billion cubic metre (bcm) rise in gas production in eastern Iran, and expanded gas storage and transmission capacity were among the Iranian Central Oil Fields Company's (ICOFC) results for the first half of 1405 (March to September 2026). The results are tied to continued maintenance, well completion and preparing infrastructure for the cold season.

Deputy minister:

Gas saved in household, non-productive sectors to be redirected to industry

SHANA (Tehran) – Using the innovative capacities of operator companies and deploying data-driven tools, gas saved in the household and non-productive sectors will be channelled to the country's industrial arteries, with the aim of sustaining production and employment, the deputy oil minister for planning has announced.

Lawmaker says no gasoline imports needed, urges conservation

SHANA (Tehran) — Iran does not need to import gasoline at current production and consumption levels, but preventing fuel waste is a duty for everyone, a spokesman for the Parliament's Energy Committee said.

Oil Ministry plans data governance platform by year's end

SHANA (Tehran) —Oil Ministry expects to launch the first phase of a dedicated data governance platform for the petroleum industry by the end of the year, an official said.

NIGC says winter plans ready, urges cuts in consumption

SHANA (Tehran) — The head of the National Iranian Gas Company said overhaul work has been completed and contingency plans are in place to keep the country's gas network stable through the cold months, though several provinces are expected to face supply stress.

Caretaker oil minister calls for stronger regulatory role for NPC, fuller use of petchem capacity

SHANA (Tehran) – The caretaker oil minister has stressed the need to strengthen the sovereign role of the National Petrochemical Company (NPC), saying the petrochemical industry's capacities should be used to create jobs, raise production, generate revenue and bolster the national economy.

MP stresses upkeep, upgrades at Kharg oil terminal

SHANA (Tehran) - The chair of the Parliament Article 90 Committee, touring the eastern jetty and crude storage tanks at the Kharg oil terminal, stressed keeping the loading jetties ready for operation, maintaining old and shared wells, and resolving the terminal's technical and infrastructure problems. The points underline how much oil export infrastructure depends on proper maintenance and upgrading.

Petchem industry investment hits $91.6b by end of 1404

SHANA (Tehran) – The managing director of the National Petrochemical Company (NPC) put cumulative investment in the petrochemical industry through the end of 1404 (March 2026) at $91.6 billion.

Iran plans winter measures to tackle energy imbalance

SHANA (Tehran) — Energy conservation and consumption management are the fastest ways to address energy imbalances, a lawmaker said, adding that real-time gas network monitoring and fuel storage for power plants are also essential to get through the winter.

OPEC secretary-general congratulates caretaker oil minister

SHANA (Tehran) – OPEC Secretary-General Haitham Al Ghais congratulated Hamid Bovard on his appointment as caretaker minister of petroleum of the Islamic Republic of Iran, expressing the organization’s readiness to strengthen cooperation with Tehran.