Shana

NISOC inks two research deals

SHANA (Tehran) – The National Iranian South Oilfields Company (NISOC) signed two contracts on supplying research and technology needs on Sunday.

Measures by Ministry of Oil to increase production, ensure winter fuel supply

SHANA (Tehran) - Iran's oil minister outlined measures taken to ensure winter fuel supply this year, stating that actions have been implemented to increase raw gas production (both onshore and offshore), which will contribute to the amount of gas delivered to the national grid.

Technocracy-Based Energy Diplomacy

SHANA (Tehran) - As soon as President Donald Trump took office in the United States, the global economy, in general, and the energy market, in particular, underwent significant changes. Over the past few months, the Trump-led US and China have been engaged in a tough trade war, reciprocating with heavy tariffs on imports from each other. The tariff war has added to concerns over the negative impact of US trade tariffs on demand for fuel, slashing around $2 from crude oil prices. Trump’s tariff policy, designed to plug the US budget deficit, has either directly or indirectly affected other countries. Iran has not been immune.

SPGC launches comprehensive projects to reduce emissions

SHANA (Tehran) – The engineering manager of South Pars Gas Complex (SPGC) announced the start of comprehensive projects aimed at increasing production, reducing emissions, and improving infrastructure to ensure sustainable operations and enhance refinery and equipment performance.

Misuse of water, gas, electricity leads to dead end, Pezeshkian warns

SHANA (Tehran) – President Masoud Pezeshkian stated on Sunday that, improper management of water, gas, and electricity resources, is leading the country toward a dead end.

Record 94m liters of liquid fuel delivered to power plants in one day

SHANA (Tehran) – The CEO of Iran's National Oil Products Distribution Company announced that on Tuesday (Feb. 11), a record-breaking 59 million liters of gas oil and 35 million liters of fuel oil, totaling 94 million liters of liquid fuel, were delivered to power plants.

Petrochemical complexes deliver 1.8m MW of electricity to national grid

SHANA (Tehran) – The CEO of the Petrochemical Industries Company announced that petrochemical production complexes have delivered approximately 1.8 million megawatts of electricity to the national grid from the beginning of the year (March 20, 2024) through the end of Dey (January 19).

Iran, Turkmenistan emphasize expansion of gas cooperation

SHANA (Tehran) – The president of Iran and the national leader of Turkmenistan stressed the importance of expanding gas cooperation and strengthening peace and trust in the region.

President stresses need for modern methods to optimize energy use

SHANA (Tehran) – The president emphasized the importance of adopting modern techniques to optimize energy consumption, stating that proper energy use would allow the country to save resources and sell more oil and gas at global market prices.

Pezeshkian:

Unity in language, vision, policy vital for OPEC

SHANA (Tehran) - The president emphasized the importance of keeping OPEC away from political gamesmanship, stating, "I believe that if OPEC members act united and cohesively, the US cannot sanction or pressure any one member."

President urges public to assist gov’t in managing energy shortages

SHANA (Tehran) – President Masoud Pezeshkian expressed gratitude for the public’s cooperation with the government in managing energy shortages during the cold months of the past year and referenced meteorological forecasts predicting a drop in temperatures in the coming days and called on citizens to once again support the government in addressing energy imbalances during the upcoming cold spell.

In a meeting with OPEC secretary-general;

Oil minister warns unilateral sanctions destabilize oil markets

SHANA (Tehran) – Iran’s Oil Minister Mohsen Paknejad met with Haitham al-Ghais, Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), on Wednesday, emphasizing that unilateral sanctions against major oil producers threaten global energy market stability and harm consumers worldwide.

From the perspective of managers:

Opportunities and challenges during 46 years of Iranian oil industry (Part Two)

SHANA (Tehran) – The development of South Pars and the oilfields of West Karoun, the capabilities of Iranian exploration and production companies, the factual nationalization of the oil industry, the fostering of self-reliance and independence, and more are among the most significant achievements of this industry over the 46 years since the Islamic Revolution in Iran.

President to producers:

Gov’t after facilitating production activities

SHANA (Tehran) – President Masoud Pezeshkian emphasized that producers and exporters should believe the government is a facilitator of their activities, not an obstacle.

Deputy minister:

Buildings play key role in reducing energy imbalance

SHANA (Tehran) – The deputy minister of oil for gas affairs emphasized that buildings, as one of the key factors in energy imbalance, significantly impact energy consumption and waste.

Kish Island to host sixth event supporting domestic production in oil industry

SHANA (Tehran) –The sixth specialized oil, gas, petrochemical and refining exhibition and conference, focusing on supporting domestic production and strategies to reduce energy imbalance, will be held with the support of the Ministry of Oil and four major companies.

Hemmati highlights economic significance of lifting Iran's oil sanctions

SHANA (Tehran) – The minister of economic affairs and finance posted on social media platform X that lifting Iran's oil sanctions now holds greater economic importance than ever before.

President emphasizes efforts to address people's issues despite sanctions

SHANA (Tehran) – President Masoud Pezeshkian stated that efforts must be made to resolve the problems faced by the people, despite ongoing challenges, sanctions, and pressures.

 Gov’t spox: Combating fuel smuggling is a national demand 

SHANA (Tehran) – The government spokesperson said fuel smuggling is a key issue on the administration’s agenda and is naturally one of the people’s national demands.