Shana

Iran targets daily gas output of 1.35 bcm

SHANA (Tehran) — The National Iranian Oil Company aims to boost daily gas production to 1.35 billion cubic meters by the end of the country’s Seventh Development Plan (2024-28), the company’s chief said Saturday.

Despite attacks, Iran's oil sector reports increased fuel reserves

SHANA (Tehran) – Following the Israeli regime’s military aggression on Iranian soil, the Ministry of Oil, through comprehensive crisis management, not only prevented disruptions in the country’s energy supply but also increased strategic fuel reserves – despite unprecedented consumption growth and targeted attacks on facilities.

Paknejad:

Iran’s crude production capacity up by 127,000 bpd

SHANA (Tehran) - Iran’s crude oil production capacity has increased by 127,000 barrels per day over the past year, according to the country’s oil minister.

Steps to address shortfalls

NIORDC; from increased production to combating smuggling

SHANA (Tehran) – The CEO of the National Iranian Oil Refining and Distribution Company (NIORDC) outlined the company's strategies to address the country's energy shortfall under the current administration, stating that the country's fuel reserves for gasoline and diesel are higher now than they were a year ago.

2,900 km of oil, product pipelines to be operational by end of 7th Development Plan

SHANA (Tehran) - Oil Minister Mohsen Paknejad said Friday that the development of infrastructure and pipelines for transferring crude oil and petroleum products has been a priority since the beginning of the current administration's term.

Oil product pipelines begin operation under president's order

SHANA (Tehran) - Two major oil product pipelines, the Bandar Abbas-Rafsanjan and the Sabzeab-Shazand lines, were officially inaugurated Friday with a combined length of approximately 800 kilometers (500 miles). The launch was ordered by President Masoud Pezeshkian via video conference and attended by Oil Minister Mohsen Paknejad.

Fueling an 8% growth target: Petchem industry's 131m-ton goal

SHANA (Tehran) – The petrochemical industry, aligning with the annual slogan and the objectives of the 7th Development Plan (2024-28), has set its sights on reaching a nameplate capacity of 131 million tons.

Iran’s petrochemical industry invests $10b in Chabahar

SHANA (Tehran) – The head of Iran’s National Petrochemical Co. (NPC) said the company is ready to welcome investors in the southeastern port city of Chabahar, where about $10 billion has already been invested, creating capacity for more than 10 million tons of petrochemical production.

Harsh winter, stable gas: From record output to crisis management

SHANA (Tehran) – Iran faced one of its coldest winters last year, marked by unprecedented low temperatures and soaring natural gas demand. Yet, through careful planning and coordinated action by the Oil Ministry and the National Iranian Gas Co., the country not only avoided widespread outages but also set historic records in gas production and transmission, underscoring the resilience of its energy sector.

West Karun Oil Fields: Balancing rising production with sustainable development

SHANA (Tehran) – The CEO of Petroleum Engineering and Development Company (PEDEC) outlined the company’s strategic plans for developing the West Karun joint oil fields, highlighting key achievements over recent months. These include completing processing infrastructure, adopting advanced drilling technologies, capturing associated gas, and adhering to environmental regulations.

Refining industry transformation:

Energy sustainability through increased gasoline, diesel production

SHANA (Tehran) – Iran’s Ministry of Oil has prioritized increasing domestic refining capacity and ensuring a stable supply of strategic products, particularly gasoline, since the start of the current administration. This focus comes after years of challenges in the production-consumption balance due to rising domestic demand, infrastructure limitations, and sanctions impacting equipment supply, which risked increasing import dependence and straining foreign currency reserves.

Iran undertakes major overhauls at 10 refineries to ensure stable fuel supply

SHANA (Tehran) – The National Iranian Oil Refining and Distribution Company (NIORDC) is conducting extensive maintenance at 10 refineries across the country to ensure a stable and secure supply of fuel, a senior company official announced.

Iran's petchem industry aims to bolster position by leveraging capacities

SHANA (Tehran) – To solidify its position in the global petrochemical industry, Iran must strategically leverage its potential advantages and capacities to move away from raw material sales and focus on developing its value chain, said the planning and development director of the National Petrochemical Co.

Iran sets new record for oil production

SHANA (Tehran) – The CEO of the National Iranian Oil Company announced the country has set a new record for oil production.

NPC head outlines key challenges in completing value chain

SHANA (Tehran) – The head of Iran’s National Petrochemical Company said the lack of technical knowledge, feedstock, capital, implementation experience and a supportive business environment are the main obstacles to completing the country’s petrochemical value chain.

Oil industry, universities, research centers can drive petchem value chain growth

SHANA (Tehran) – Strengthening ties among the oil industry, universities and research centers can pave the way for developing Iran’s petrochemical value chain, the head of the Research Institute of Petroleum Industry said Monday.

Iran’s gasoline distribution rises nearly 7%

SHANA (Tehran) — Iran’s daily gasoline distribution grew nearly 7% this year (started March 21), reaching a record of more than 200 million liters in a single day, according to the head of the National Iranian Oil Products Distribution Co.

Oil minister honors employees, hails workforce as engine of progress

SHANA (Tehran) — Iran’s oil minister marked Employee Day with a message praising oil industry employees for their dedication, describing them as being on the front line of public service and a pillar of the country’s energy security.

Iranian nation stand firm against illegitimate expectation that wants Iran obedient to US

SHANA (Tehran) – Ayatollah Khamenei, the Leader of the Islamic Revolution, met with thousands of people from various walks of life today, August 24, 2025, in a mourning ceremony commemorating the martyrdom anniversary of Imam Reza (pbuh), in the Imam Khomeini Hussainiyah.

Iran sets new oil, gas production records despite sanctions, war

SHANA (Tehran) — Iran’s oil industry has posted record production levels of crude oil and natural gas despite facing sanctions, energy shortfalls and the impacts of war, according to government data.

Iran touts oil sector gains: Exports up, idle capacity restored

SHANA (Tehran) – The deputy head of the Iranian Parliament's Energy Committee cited the most significant achievements of the Oil Ministry under the 14th administration as growth in oil exports, an improved national gas balance, the activation of private sector capacity, and the revival of idled and suspended capacities in the upstream and midstream oil and gas industry.

Paknejad’s first year: Leading Iran’s oil industry through war, sanctions

SHANA (Tehran) – A year has passed since Mohsen Paknejad took office as oil minister in Iran’s 14th administration—a year marked by major events and challenges. His tenure reflects a clear blend of commitment and expertise that shaped the ministry’s performance during turbulent times.

Iran launches free program to convert gasoline cars to dual-fuel

SHANA (Tehran) — Iran has begun registering privately owned gasoline vehicles, model year 2018 and newer, for free conversion to dual-fuel systems, the head of the National Iranian Oil Products Distribution Co. announced.

Energy sector’s future hinges on major decisions, digital transformation

SHANA (Tehran) – The future of the energy industry depends on major policy decisions, digitalization and stronger organizational integration, the head of the Research Institute of Petroleum Industry (RIPI) said Wednesday.

Technology, innovation ecosystem seen as key to oil industry growth

SHANA (Tehran) — Closer cooperation among Iran’s Oil Industry University, the Research Institute of Petroleum Industry (RIPI) and the Oil Industry Innovation and Technology Park will play a critical role in advancing the country’s oil sector, a senior official said Wednesday.

Iran to begin imports of premium gasoline; fuel quotas unchanged

SHANA (Tehran) — Iran is set to begin importing premium gasoline to meet the needs of certain vehicles and balance supply and distribution in the domestic fuel network, the Oil Ministry announced.

Iran says no unsold oil remains on the water

SHANA (Tehran) — Iran’s oil minister said Wednesday the country has no unsold crude stored offshore, adding that all oil shipments are planned in line with market conditions.

Iran ends diesel imports, boosts reserves by 1.5b liters

SHANA (Tehran) – Iran has halted diesel imports, a move that will save the country about $1 billion in foreign currency each year.

SP Phase 11 gas output triples to 357 bcf

SHANA (Tehran) – Cumulative gas production from Phase 11 of the South Pars development has climbed to 357 billion cubic feet, up from 120 billion cubic feet at the start of the 14th administration — a threefold increase.

NIGC announces new projects, expansion during Gov’t Week

SHANA (Tehran) — The National Iranian Gas Company (NIGC) announced a series of major gas expansion projects set to launch during Government Week, including gas supply to five cities, 428 villages and 1,753 industrial units, along with the inauguration of 330 kilometers of new transmission pipelines.