Shana

Renewables development seen as solution to energy imbalance

SHANA (Tehran) – Renewable energy development is one of the most effective ways to address the country’s energy imbalance, a member of the Iranian Parliament’s Industries and Mines Committee said.

Iran upgrades fuel card database after 18 years

SHANA (Tehran) – The database of Iran’s national fuel smart card system has been updated for the first time in 18 years, a move officials say has helped detect hundreds of thousands of unauthorized cards and prevent large-scale fuel misuse.

Inside Iran’s record gas transmission push

SHANA (Tehran) – The record-breaking performance and resilience of Iran’s gas transmission network in harsh conditions demonstrate how its pipelines and compressor stations continue operating even amid freezing weather and security threats.

Iran elected to head GECF Executive Board, pushes for forum upgrade

SHANA (Doha) – Iran’s oil minister announced that the country has been elected chair of the Executive Board of the Gas Exporting Countries Forum (GECF) and that Tehran’s proposal to upgrade the forum into the “Organization of Gas Exporting Countries” was well received by member states.

Highlighting stronger GECF unity,

Paknejad calls for 'transformation into 'Organization of Gas Exporting Countries'

SHANA (Tehran) – Minister of Oil Mohsen Paknejad called on member states of the Gas Exporting Countries Forum (GECF) to stand united against aggression, resist sanctions, and strengthen cooperation to secure the global role of natural gas in the decades ahead.

27th GECF Ministerial Meeting opens in Doha

SHANA (Doha) – The 27th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) opened Thursday in Doha, the capital of Qatar, with the participation of ministers and senior officials from member states.

New phase of Abuzar Oil Field Development to begin soon

SHANA (Tehran) – The managing director of the Iranian Offshore Oil Company announced significant progress in the construction of the Abuzar oil field pipeline project, saying a new phase of the field’s development will begin soon if current progress continues.

Increase in Persian Gulf Holding’s share of the capital market

SHANA (Tehran) – The CEO of Persian Gulf Petrochemical Industries Company (PGPIC) announced a 42% increase in consolidated operating income and a 63% rise in net profit compared with the previous fiscal year, adding that the company’s share of the capital market has reached 14.92%.

Iran’s initiatives to boost GECF’s global influence

SHANA (Doha) – Iranian Oil Minister Mohsen Paknejad described the 27th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) as a crucial event, emphasizing that as the forum’s founder, Iran will present new initiatives designed to safeguard the collective interests of member countries in the long term.

Paknejad:

Energy’s future depends on a new generation of skilled professionals

SHANA (Doha) — Iran’s Oil Minister Mohsen Paknejad said the evolving landscape of the global oil and gas industry calls for training a new generation of skilled professionals familiar with international frameworks and technological developments.

Tehran, Algiers seek synergy in energy ties

SHANA (Doha) – On the eve of the 27th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) in Doha, Iran’s Oil Minister met with Algeria’s Minister of Energy and Mines to discuss expanding cooperation between Tehran and Algiers in the energy sector.

Iran, Libya oil ministers discuss energy cooperation

SHANA (Doha) – Iran’s oil minister met with his Libyan counterpart to discuss expanding bilateral cooperation in various energy sectors and leveraging shared capacities.

Tehran, Abuja strengthen energy cooperation

SHANA (Doha) – On the eve of the 27th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) in Doha, Qatar, Iran’s Oil Minister Mohsen Paknejad met with Nigerian Minister of Gas Resources Ekperikpe Ekpo to discuss expanding energy cooperation between Tehran and Abuja.

Oil minister leaves Tehran for Doha to attend GECF meeting

SHANA (Tehran) - Iran's Oil Minister Mohsen Paknejad, departed Tehran for Doha on Tuesday evening, heading to Qatar to attend the 27th Ministerial Meeting of the Gas Exporting Countries Forum (GECF).

How operator companies are changing the gas consumption equation

SHANA (Tehran) – The entry of operator companies into gas consumption management marks the beginning of a new chapter in the nation’s energy market—one where conservation becomes an economic opportunity and smart technologies pave the way toward greater efficiency.

Shazand refinery raises feedstock capacity, carries out overhaul after eight years

SHANA (Tehran) – The CEO of Shazand Oil Refining Company announced that the refinery’s crude oil feedstock capacity has increased from 250,000 barrels per day to 265,000 barrels, enabling the production of more than 16 million liters of gasoline daily.

Energy optimization equal to six phases of South Pars:

A new opportunity for energy operators

SHANA (Tehran) – Iran’s Seventh Development Plan aims to prevent the daily waste of energy equivalent to 1.285 million barrels of oil, or more than 150 million cubic meters of natural gas — a target that creates an attractive market and valuable opportunity for private sector energy operators and technology firms.

Deputy minister:

Iran, Russia to boost cooperation in energy technology

SHANA (Tehran) – Iran’s deputy oil minister said Iranian specialists and companies possess expertise in many fields that can be shared with Russian counterparts, while Iranian firms also stand to benefit from Russian technologies in key areas.

Pars pipeline project to reduce reliance on fuel tankers

SHANA (Tehran) – The deputy oil minister said the Pars pipeline project will significantly reduce dependence on road tankers and save billions of tomans in fuel transportation costs. He added that this year, the refining and fuel distribution sector has achieved favorable performance across various areas.

Contract signed to build Pars Oil Products Pipeline

SHANA (Tehran) – A contract has been signed to construct the Pars Oil Products Pipeline (Mehraaran–Fasa–Shiraz) with a transfer capacity of 73,000 barrels per day and an investment value of €150 million.

Iran distributes $55b worth of fuel annually

SHANA (Tehran) – The managing director of the National Iranian Oil Products Refining and Distribution Company said $55 billion worth of fuel is distributed across Iran each year — a figure he described as enormous and beyond imagination. He emphasized that digital transformation and data-driven governance play a crucial role in preventing the waste of the country’s vast fuel resources.

Energy Operator Companies: A new model for public-private partnership in Iran’s gas sector

SHANA (Tehran) – The director of integrated planning at the National Iranian Gas Company (NIGC) stressed the importance of implementing the “operator company” model to foster private sector participation across the company’s operational chain, saying the main goal of this initiative is to optimize energy consumption and boost efficiency.

IRENEX aims to optimize gas use, curb fuel smuggling

SHANA (Tehran) – The Iran Energy Exchange (IRENEX) has become an effective tool for optimizing consumption, financing energy projects and combating fuel smuggling by creating a transparent platform for gas and oil products.

Record set for power plant fuel storage

SHANA (Tehran) – The head of the National Iranian Oil Products Distribution Company announced that diesel fuel consumption dropped by 3 million liters over the past six months, while storage at power plants reached more than 3.2 billion liters — a new record ahead of the cold season.

With Phase 2 completed,

Abadan Refinery products to see quality boost

SHANA (Tehran) – The managing director of Abadan Oil Refining Company announced that efforts are underway to complete the remaining sections of Phase 2 and launch Phase 4 of the Abadan refinery to enhance the quality of refined products.

AOGPC oil production at full swing

SHANA (Tehran) – The CEO of the National Iranian South Oilfields Company announced that the Aghajari Oil & Gas Production Company (AOGPC) has reached its maximum oil production capacity despite various challenges.

Oil Ministry adviser:

Fixing energy imbalance requires expert commitment

SHANA (Tehran) – The Oil Ministry’s energy optimization adviser said addressing Iran’s energy imbalance requires firm determination and expert-driven action, free from political influence.

Well pressure equalization completed on South Pars platforms

SHANA (Tehran) – The director of production and operations at Pars Oil and Gas Company announced the successful completion and operation of the well pressure equalization project on South Pars platforms, aimed at improving the restart process of wells after production shutdowns and reducing the time required to resume output.

Real synergy in Iran’s gas refining, transmission, distribution chain

SHANA (Tehran) – The managing director of the National Iranian Gas Company (NIGC) said this year the entire chain of gas refining, transmission, and distribution has seen an integrated and coordinated approach across different sectors of the gas industry and the Oil Ministry. “Instead of a fragmented view, we are now witnessing real synergy and cooperation,” he said.

New details revealed on Paznan field discovery

SHANA (Tehran) – The director of exploration at the National Iranian Oil Company (NIOC) has released new details about recently discovered reserves in the Paznan field, announcing the identification of two new reservoir layers — a gas reservoir estimated at 10 trillion cubic feet and an oil reservoir with recoverable reserves of 200 million barrels.