Shana

Implementation of maintenance programs: A key step toward improving efficiency

SHANA (Tehran) – The head of the Industrial Equipment and Process Machinery Maintenance Department announced significant performance growth in the department’s operations over the past three years, emphasizing that the successful implementation of maintenance programs—through synergy among experts and reliance on domestic capabilities—has ensured production stability and improved operational efficiency.

NIORDC chief praises staff’s efforts during 12-day war

SHANA (Tehran) – The CEO of the National Iranian Oil Refining and Distribution Company (NIORDC) praised the dedication of fuel distribution employees during the recent 12-day conflict, calling their efforts “commendable.”

Iran’s largest refinery overhaul boosts output by 2m liters

SHANA (Tehran) – The Imam Khomeini Oil Refinery in Shazand has completed the largest overhaul project in Iran’s refining industry, boosting fuel production capacity by at least 2 million liters per day, a senior refinery official said.

Fajr Jam Gas Refinery overhaul: From production stability to safety enhancement

SHANA (Tehran) – The Fajr Jam Gas Refinery, one of Iran’s major natural gas production centers, is strengthening its resilience and sustainable output through a comprehensive overhaul, the use of advanced technologies, and training programs for local workers.

Capital barriers eased to accelerate development of joint oil fields

SHANA (Tehran) – Oil Minister Mohsen Paknejad said plans are underway to speed up the development of Iran’s joint oil fields, noting that progress will accelerate once financing bottlenecks are resolved.

Iran, Japan discuss expanding environmental cooperation in oil sector

SHANA (Tehran) – Alireza Nojoumi, head of HSE, passive defense, and crisis management at the National Iranian Oil Company (NIOC), met with the director of the Middle East Department at Japan’s Ministry of Economy, Trade and Industry (METI) to explore ways to enhance cooperation on environmental issues.

Petroleum University of Technology charts new course in energy education

SHANA (Tehran) – The Petroleum University of Technology is on track to reclaim its position as Iran’s leading institution for petroleum education through a series of transformative programs, according to the deputy oil minister for engineering, research, and technology.

168% growth in vehicle conversion to natural gas systems

SHANA (Tehran) – The head of the National Iranian Oil Refining and Distribution Company (NIORDC) said the project to convert gasoline vehicles to dual-fuel systems has gained momentum after a two-year pause, reporting a 168% increase in conversions during the first seven months of this year compared with the same period last year.

Vice president: Subsidized gasoline prices will remain unchanged

SHANA (Tehran) – Iran’s vice president for executive affairs and chief of staff said Wednesday that subsidized gasoline prices of 15,000 and 30,000 rials per liter will remain unchanged, emphasizing that the real cost of gasoline for the government is 340,000 rials per liter.

Well safety operations completed at South Pars Platform 16

SHANA (Tehran) – The well maintenance supervisor of the South Pars joint field announced that the installation of secondary downhole safety valves on Platform SPD16 has been successfully completed. The operation, which began on October 5, concluded two weeks later on October 18 after intensive offshore work in the Persian Gulf.

Fajr Jam Gas Refinery takes steady steps toward greater efficiency

SHANA (Tehran) – The operations manager of Fajr Jam Gas Refining Company said the refinery continues to implement corrective programs and optimization projects across production processes. Despite being nearly 40 years old, these ongoing measures have improved the refinery’s overall efficiency while reducing energy consumption.

Gov’t spox: No decision made to raise gasoline prices

SHANA (Tehran) – Government spokesperson Fatemeh Mohajerani said Tuesday that no decision has been made to change gasoline prices, whether rationed (15,000 rials per liter) or non-rationed (30,000 rials per liter), emphasizing that “rationed gasoline will continue to be sold at current rates.”

Crowdfunding to be launched in Iran’s oil industry

SHANA (Tehran) – PetroCrowd, the first crowdfunding platform dedicated to Iran’s oil industry, will be launched officially with the introduction of two investment projects involving new technology-based firms (NTBFs).

Gas supply to industries, power plants continues without restrictions

SHANA (Tehran) – The managing director of the National Iranian Gas Company said there are currently no restrictions on gas supply to industries and power plants, adding that the situation has improved in all aspects compared with last year.

99.8% reliability of Fajr Jam Refinery in supplying Iran’s gas

SHANA (Tehran) - The CEO of Fajr Jam Gas Refining Company, outlining the refinery’s strategic approach to overcoming the upcoming winter, said: “Fajr Jam’s main focus is not on increasing production, but on strengthening resilience, production stability, and maintaining reliability.” This key indicator—recorded at 99.8% performance—has made the refinery one of the most influential centers for sustaining the country’s energy flow.

Motorcycles consume over 11.1 trillion rials in gasoline in six months

SHANA (Tehran) – Motorcycles in Iran consumed an estimated 660.5 million liters of gasoline, worth about 1.113 trillion tomans, during the first half of the current Iranian year, according to data from the National Iranian Oil Products Distribution Company (NIOPDC).

Fourth-stage compressors commissioned at Azar oil field

SHANA (Tehran) – The project manager for the Azar Oil Field development said the field has taken a major step toward sustainable and efficient utilization of associated gas with the commissioning of fourth-stage compressors. This follows the readiness of the Cheshmeh-Khosh Gas and NGL 3100 plant to receive high-pressure gas beginning in late October.

MPs praise Oil Ministry’s success in gas flare collection

SHANA (Tehran) – Several members of Iran’s Parliament have praised the Oil Ministry’s efforts to curb gas flaring, saying the 14th administration has taken effective steps to reduce the waste of this national asset.

Acceleration in gas flare recovery with 12 new contracts signed

SHANA (Tehran) – Oil Minister Mohsen Paknejad announced that gas flare recovery projects have accelerated following the president’s efforts, saying the signing of 12 new contracts will generate about $600 million in annual value for the country.

Iran to cut gas flaring by 295 mcf a day by March 2027

SHANA (Tehran) – Iran’s Oil Minister Mohsen Paknejad said the country will gradually reduce gas flaring by about 295 million cubic feet per day (mcf/d) by the end of the Iranian calendar year 1405 (March 2027), following the signing of 12 new contracts on Saturday.

Fourth infill well in South Pars comes on stream

SHANA (Tehran) – The fourth infill well in the South Pars gas field has come on stream, increasing daily gas production from the shared field by 1.8 million cubic meters, according to the project manager of the South Pars infill drilling plan.

Iran to capture 90% of gas flares by mid-March 2028

SHANA (Tehran) – The National Iranian Oil Company (NIOC) aims to collect more than 90% of the country’s gas flares by mid-March 2028 through major investment and private-sector participation, the company’s chief executive said Saturday.

President praises Oil Ministry for speeding up gas flare recovery

SHANA (Tehran) – President Masoud Pezeshkian praised the Oil Ministry on Saturday for accelerating the collection of flare gas and said the government is ready to remove any obstacles that may hinder the process.

Flare gas collection contracts signed under president’s order

SHANA (Tehran) – Contracts for collecting flare gas from 12 oil fields in southern Iran were signed Saturday via video conference under the directive of President Masoud Pezeshkian.

Twelve gas flare collection contracts to be signed

SHANA (Tehran) – The National Iranian South Oil Company (NISOC) is set to sign 12 contracts for the collection and sale of flare gas today under an order from President Masoud Pezeshkian. The agreements aim to harness private-sector investment and facilitate technology transfer through cooperation with domestic and international companies.

Minister Paknejad:

Human resolve, commitment are the strongest shields against threats

SHANA (Tehran) – Oil Minister Mohsen Paknejad emphasized the critical role of human resolve and commitment in safeguarding Iran’s oil, gas, and petrochemical industries, saying that hardware alone does not ensure resilience against threats.

Shazand Refinery undergoes unprecedented overhaul after 10 years, boosts output by 30%

SHANA (Tehran) – The Imam Khomeini Oil Refinery in Shazand has completed its most extensive overhaul in a decade, a $60 million project involving 5,000 specialized workers that increased production capacity by at least 30% and significantly improved operational reliability. The work ensures high-quality production for at least the next four years without interruption, refinery officials said.

Iran boosts gas supply by 6.7 mcm daily, diesel stocks up 130% for winter

SHANA (Tehran) — Oil Minister Mohsen Paknejad said gas delivery to the network has increased by about 6.7 million cubic meters per day and diesel reserves at power plants have risen 130%, putting Iran in a strong position heading into winter.

Oil industry lauded for resilience during 12-day war

Passive defense urged to be institutionalized

SHANA (Tehran) — The deputy oil minister for engineering, research and technology praised Iran’s oil industry for its flawless performance during the recent 12-day war, saying that unified command, proactive drills and production resilience were key to the sector’s success in passing what he called “a major national test.”

Minister: Oil industry leads Iran’s economic resilience

SHANA (Tehran) – Oil Minister Mohsen Paknejad said the oil industry is the main pillar of Iran’s economic resilience and plays a leading role in overcoming the country’s challenges.