Shana

Second phase of NPC–NIGC launched to boost energy efficiency

SHANA (Tehran) – The National Petrochemical Co. (NPC) and the National Iranian Gas Company (NIGC) have signed a memorandum of understanding aimed at encouraging petrochemical companies to invest in natural gas efficiency and conservation projects.

Launch of third dehydration unit at Rag Sefid-1

The managing director of Aghajari Oil and Gas Production Company said the third dehydration and compression unit at the Rag Sefid-1 operational facilities has come online as part of the Oil Ministry’s and the 14th government’s broader policy to recover associated gas and reduce flaring.

Drilling of Belal development wells begins

SHANA (Tehran) – The head of the National Iranian Oil Company announced the start of drilling operations for development wells at the Belal field, relying on the expertise of Iranian engineers.

Fuel quotas for cars with reissued license plates will not be cut

SHANA (Tehran) – The head of the National Iranian Oil Products Distribution Company said gasoline quotas at the first-tier rate (1,500 tomans) and second-tier rate (3,000 tomans) will not be removed for vehicles that undergo license plate replacement, because “new-number vehicles” refers only to brand-new cars that have never been registered.

NIOC Sports Council chief appointed

SHANA (Tehran) – The CEO of the National Iranian Oil Company has appointed Mohammadreza Amirifard as head of the company’s Sports Council.

Ensuring nation’s energy security through strategic measures

SHANA (Tehran) – The production director of the Iranian Central Oil Fields Company (ICOFC) said precise and timely overhauls and maintenance programs have positioned the company as a key player in supplying winter fuel and safeguarding the nation’s energy security.

Gradual gasoline price reform aims to protect public welfare

SHANA (Tehran) - The executive vice president said gasoline prices will be adjusted gradually to help manage economic challenges while protecting people’s welfare.

43% of fueling now done with station cards

SHANA (Tehran) - Government spokesperson Fatemeh Mohajerani said 43 percent of recent fuel purchases have been made using station-issued fuel cards. She added that all revenue generated from higher gasoline prices applied through these cards will be directed toward supporting household livelihoods.

Iran distributes 53m liters of gasoline daily using emergency fuel cards

SHANA (Tehran) - About 53 million liters of gasoline are distributed daily in Iran using station emergency fuel cards, the head of the National Iranian Oil Products Distribution Company said.

Mechanism for fuel quotas on newly registered vehicles to Be decided by working group

SHANA (Tehran) - The oil minister said a working group made up of relevant agencies will determine the mechanism and timeline for ending gasoline quotas for newly registered vehicles. He said the decision will be based on consensus and aligned with economic and social conditions.

Gov’t spox: Current fuel quotas cover 70% to 80% of citizens’ needs

SHANA (Tehran) – Iran’s government spokesperson said the existing gasoline quotas — 60 liters of subsidized fuel at 15,000 rials per liter and 100 liters at 30,000 rials per liter on personal fuel cards — will remain unchanged, adding that the quotas meet nearly 70% to 80% of citizens’ fuel needs.

Khartang gas field to begin production ahead of schedule

SHANA (Tehran) – Daily production of 5 million cubic meters of gas from the Khartang field will begin earlier than planned, thanks to round-the-clock efforts by operational crews and in line with the goal of ensuring stable gas supplies for the winter.

NIOC after accelerating development of two fields

SHANA (Tehran) – The CEO of the National Iranian Oil Company has set a clear operational framework and timeline for each segment of the Khesht and Konartakhteh oil field development project, establishing deadlines to speed completion of its various components.

Iran delivers over 390m liters of low-sulfur mazut to power plants

SHANA (Tehran) – The head of the National Iranian Oil Refining and Distribution Company said 391 million liters of low-sulfur mazut had been delivered to four thermal power plants by late November.

Isfahan Oil Refinery flare gas recovery project progress at 85%

SHANA (Tehran) – The CEO of Isfahan Oil Refinery said the refinery’s flare gas recovery project has reached 85% physical progress and is scheduled to come online by the end of 2025. The project is being implemented with a budget of more than 6.8 million euros and 520 billion rials.

First premium gasoline trade completed on Iran Energy Exchange

SHANA (Tehran) – The first trade of premium gasoline at a base price was executed on the Iran Energy Exchange.

CEO Bovard appoints new NICO head

SHANA (Tehran) – Hamid Bovard, managing director of the National Iranian Oil Company, appointed Gholamreza Farahani on Saturday as the new chief executive of the Naftiran Intertrade Company (NICO), according to an official decree.

Gasoline, diesel output up 9m liters since start of current administration

SHANA (Tehran) – The deputy head of the National Iranian Oil Refining and Distribution Company (NIORDC) said total gasoline and diesel production has risen by 9 million liters per day from the start of the 14th administration through September, an increase equivalent to the output of a refinery processing 100,000 barrels of crude oil per day.

Gov’t spox:

Sales of imported premium gasoline to begin Sunday

SHANA (Tehran) – The government spokesperson announced that sales of imported premium gasoline will begin Sunday, emphasizing that the move will not affect quotas for first- and second-tier subsidized gasoline.

Aghar, Dalan facilities ready to keep homes warm this winter

SHANA (Tehran) – The head of the Aghar and Dalan, Dey and Sefidzakhur operational region reported the area's readiness for maximum gas production during the cold season. He said the region's annual overhaul was completed during turbulent days, coinciding with the 12-day war and the intense heat of the south, thanks to round-the-clock efforts by staff.

US imposes new sanctions on Iranian oil network

SHANA (Tehran) – The US Treasury Department imposed sanctions on a network of front companies and shipping intermediaries accused of facilitating Iran’s oil sales, in what it described as an effort to curb Tehran’s oil revenue.

Top process safety management projects selected in Iran’s oil industry

SHANA (Tehran) – The director general of health, safety and environment at the Oil Ministry announced the selection of outstanding projects implementing process safety management systems across affiliated oil industry companies for the Iranian year 1404.

Rumors of gasoline price hike denied

SHANA (Tehran) – The Public Relations Department of Iran’s Oil Ministry denied rumors circulating about an increase in gasoline prices, calling the claims baseless and stressing that any announcement about fuel price adjustments will be made only through official channels.

Acceleration planned for development of Aban, Paydar Gharb fields

SHANA (Tehran) – The 35th meeting of the Joint Management Committee for the development of the Aban and Paydar Gharb fields was held to review key issues including equipment supply, contract add-ons, and the status of surface and subsurface operations. The committee approved a set of new decisions aimed at speeding up development and reducing operational risks.

NIDC seen as key to stability, growth

SHANA (Tehran) – The head of the National Iranian Oil Company (NIOC) described the National Iranian Drilling Company (NIDC) as strategically important to the country’s oil and gas production, saying higher drilling efficiency, reduced nonoperational times and greater organizational agility are among the industry’s main expectations.

Management changes seen as catalyst for faster oil industry development

SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) described recent leadership changes as an opportunity to accelerate the development of Iran’s oil and gas sector, emphasizing that this direction will continue.

Fuel distribution monitoring strengthened with smart systems

SHANA (Tehran) – The operations director of the National Iranian Oil Products Distribution Company (NIOPDC) emphasized stepped-up oversight of fuel distribution outlets, saying smart monitoring systems enable the immediate detection of discrepancies and improve accuracy in controlling distribution processes.

Gasoline consumption up 9m liters compared with last year

SHANA (Tehran) – The head of the National Iranian Oil Products Distribution Company (NIOPDC) said average daily gasoline consumption has reached 133 million liters since the start of the year, an increase of 9 million liters compared with the same period last year.

Countdown begins for jacket installation at Farzad joint field

SHANA (Tehran) – The director of the Farzad gas field development project said Pars Oil and Gas Company is moving to accelerate development of the joint field and that the WHP1 platform jacket will soon be loaded out and installed at one of the country’s most challenging offshore gas sites.

Process safety management seen as key strategy for production stability

SHANA (Tehran) – The Oil Ministry’s director general for health, safety and environment (HSE) said process safety management is the most important strategy the oil industry is pursuing to ensure production stability and reduce losses.