Shana

NPC chief urges energy conservation, highlights value creation from gas

SHANA (Tehran) – The head of Iran’s National Petrochemical Company stressed the need to promote energy conservation, saying the petrochemical industry plays a key role in creating value from natural gas through feedstock use and value-chain development.

Oil Ministry forms task force to boost production technologies

SHANA (Tehran) – The Oil Ministry has established a special task force aimed at improving oil and gas production methods and tools, as well as developing enhanced recovery technologies, a senior official announced.

NPC launches new product specification system

SHANA (Tehran) – The National Petrochemical Company (NPC) unveiled a new system Wednesday designed to standardize and bring transparency to the technical specifications of its products.

OPEC at 65: A veteran player faces new challenges

SHANA (Tehran) – The former head of OPEC's petroleum studies department said that while various issues have reduced the cartel's power over time, he believes it will maintain a prominent position for the next 30 years if it makes rational decisions regarding oil and understands its true place in the global energy mix.

Iran aims to diversify crude sales, boost production with new technology

SHANA (Tehran) - The CEO of the National Iranian Oil Co. (NIOC) on Tuesday emphasized the need to diversify oil sales methods and increase production using new technologies and new technology-based firms.

Iran to ratify first private petchem contract for gas field development

SHANA (Tehran) – The first petrochemical contract for the development of gas fields will be ratified soon, the CEO of the National Petrochemical Company said Monday.

Iran aims to boost polymer production to 16m tons by 2028

SHANA (Tehran) – The production capacity of polymer products is projected to reach 16 million tons by the end of Iran's Seventh Development Plan (2028), according to the CEO of the National Petrochemical Company.

Leader: Greater activity required for oil exports

SHANA (Tehran) – Ayatollah Seyyed Ali Khamenei, the Leader of the Islamic Revolution, met with President Masoud Pezeshkian and members of the cabinet on September 7, 2025, at Imam Khomeini Hussainiyah of Tehran, according to khamanei.ir.

Power plants lead weekly gas consumption with 303 mcm daily average

SHANA (Tehran) — Power plants remained the largest consumers of natural gas in Iran during the second week of Shahrivar (Aug. 30–Sept. 5), using an average of 303 million cubic meters per day, according to official data.

Unprecedented growth ahead for Iran’s petchem industry by 2028

SHANA (Tehran) – The capacity of Iran’s petrochemical industry is set to jump by 35 million tons, reaching 131.5 million tons by the end of the Seventh Development Plan through the completion of 66 projects. This growth will not only expand output but also significantly enhance Iran’s global position in the sector.

Financial support, tech transfer key to success of Global Plastic Pollution Treaty

SHANA (Tehran) – The Deputy Minister for International Affairs and Trade at the Ministry of Oilstated that plastic is not inherently polluting; rather, it is mismanagement that creates true waste. He emphasized that the plastic pollution treaty can only succeed if real financial support and technology transfer are provided to developing countries.

Active participation of petchem industry paves way for environmental pollution reduction

SHANA (Tehran) – The head of the Department of the Environment stated that the country's petrochemical industry has recognized the inevitability of moving towards environmental conservation. She expressed optimism about the active involvement of the petrochemical sector, hoping that this initiative would lead to positive outcomes in reducing pollution.

Developed countries hold the lion's share for plastic pollution crisis

SHANA (Tehran) – The CEO of the National Petrochemical Company stated that developed countries have the greatest responsibility for the plastic pollution crisis and, therefore, must be committed to addressing the issue, emphasizing that the global plastics treaty should focus on the transfer of technologies for recycling and waste management.

Completion of overhaul operations at 7 South Pars refineries

SHANA (Tehran) – The CEO of South Pars Gas Complex announced the completion of overhaul operations at refineries 1, 3, 5, 6, 7, 9, and 10, noting that the work was carried out by specialists and employees using key measures and innovative ideas, ahead of schedule and without delays.

Medium gasoline import license issued

NIORDC: Cooperation key for refining growth

SHANA (Isfahan) – The CEO of the National Iranian Oil Refining and Distribution Company (NIORDC) emphasized the necessity of securing financial resources and comprehensive inter-agency cooperation to sustain the refining industry's development.

Refining industry ensures stable fuel supply despite constraints

SHANA (Tehran) – The head of the National Iranian Oil Refining and Distribution Company (NIORDC) stated Thursday that the country's refining sector has guaranteed a reliable and stable fuel supply despite existing limitations.

Iran produces 32m tons of petrochemicals in five months, Exports $5.5b

SHANA (Tehran) — Iran produced 32 million tons of petrochemical products from March 21 through August 22 despite challenging conditions, the head of the National Petrochemical Company said Wednesday.

Iran boosts monthly oil exports by 630,000 barrels

SHANA (Tehran) — Iran’s oil exports have risen by an average of 630,000 barrels per month in the first four months of the current Iranian year compared with the same period in 1403, Oil Minister Mohsen Paknejad said Wednesday.

Sustaining oil production through infrastructure strengthening, private sector involvement

SHANA (Tehran) – The technical manager of the National Iranian South Oil Company (NISOC), while outlining the oil industry's development plans, announced that the main strategies for achieving sustainable production goals are focusing on undeveloped fields, well workovers, energy consumption management, and the implementation of desalination projects.

Oil Ministry launches multifaceted plan to stop fuel smuggling

SHANA (Tehran) – Iran's Ministry of Oil under the 14th government has launched a comprehensive strategy to address the country's energy imbalance, combat fuel smuggling and move toward efficiency, equity and sustainability in its energy distribution system. The plan is built on four main pillars: pricing policies, non-pricing policies, diversifying the fuel portfolio and combating off-grid distribution and smuggling.

Iran expands refining projects with €840m investment

SHANA (Tehran) – Iran’s National Iranian Oil Refining and Distribution Co. (NIORDC) launched six major projects over the past year with investments totaling about €840 million, aimed at boosting refining capacity and strengthening fuel infrastructure. Another €2 billion worth of projects are underway and expected to be completed by year’s end.

Iran expands gas efficiency from homes to refineries

SHANA (Tehran) – Natural gas, the dominant source in Iran’s energy mix, is at the center of dozens of efficiency and consumption management projects spanning households, government facilities, refineries and provincial gas companies. Officials say full implementation of these programs will help ease energy imbalances, strengthen the national gas network and support sustainable development.

Iran sets oil export records despite sanctions, war

SHANA (Tehran) – Iran’s crude oil and condensate exports reached historic highs over the past 12 months despite the imposition of 14 new US sanction packages totaling 465 measures, including the largest oil sanctions since 2018.

Power plants top gas consumption with over 2 bcm in one week

SHANA (Tehran) – Iran delivered more than 4.3 billion cubic meters of natural gas during the week ending August 29, with power plants consuming nearly half of the total.

Iran’s petrochemical sector set for major expansion

SHANA (Tehran) – Iran’s petrochemical industry is preparing for unprecedented growth in 1404, with 15 new production projects set to begin operations alongside the launch of several new products. Officials say the developments mark a major step toward the goals of the Seventh Development Plan and a more balanced value chain.

Iran’s reliance on natural gas spurs efficiency push

SHANA (Tehran) – Iran relies on natural gas for more than 80 percent of its power plant fuel, a dependency far above the global average of 23 percent, a senior Oil Ministry official said Sunday.

Gas extraction from SP Phase 11’s second platform set for fall 2027

SHANA (Bushehr) – The managing director of Petropars said plans are underway to begin gas production from the second platform of Phase 11 in the South Pars gas field by fall 2027.

Iran aims to boost output from SP with Phase 11’s second jacket

SHANA (Bushehr) – The installation of a key platform jacket marks a major step in Iran's efforts to increase gas recovery from the offshore South Pars gas field, the world's largest, which it shares with Qatar.

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.