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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.
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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.
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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.
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Aborted Drone Attack on South Pars
SHANA (Tehran) – On 14 June 2025, a micro-drone flown by the Zionist regime struck the onshore refinery of Phase 14 of the massive South Pars gas field, causing big blasts at the facility and fire in one of the four units. The fire was followed by a temporary suspension of gas supply from SP14. However, within 10 days, gas production resumed.
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Oil Show Stimulates Optimism for Investment in Iran
SHANA (Tehran) - Amid ongoing diplomatic talks between Iran and the United States that are largely expected to end in sanctions lift, foreign companies are exploring opportunities for investment in Iran’s petroleum industry.
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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.