Shana

Iran’s gasoline demand tops 150m liters

SHANA (Tehran) - Gasoline consumption in Iran reached over 150 million liters on Tuesday, marking a 17% increase compared to the same period last year.

Abadan Oil Refinery increases gasoline production by nearly 3m liters

SHANA (Tehran) – The CEO of Abadan Oil Refining Company announced a nearly 3-million-liter increase in gasoline production at the refinery under the 14th administration. He stated that the Abadan refinery supplies about 17% of the country’s gasoline, 22% of its diesel, and 42% of its mazut.

Accelerating gas industry development: Focus on key projects and domestic capabilities

SHANA (Tehran) – The caretaker of Iran Gas Engineering and Development Company reported progress on key projects and plans to expedite their operation, stating that sanctions have led domestic manufacturers to focus more on their capabilities but emphasized the need to improve product quality.

Gov’t advances major oil industry project with $17b gas pressure boost deal

SHANA (Tehran) – In the final days of the Iranian year 1403 (March 2025), the Oil Ministry signed nearly $17 billion in contracts with four domestic companies to build, install, and operate gas pressure booster platforms in the South Pars gas field—the world’s largest. This marks the first step in sustaining production and preventing a future gas crisis.

Daily gasoline consumption exceeds 140m liters

SHANA (Tehran) - Gasoline consumption on Monday reached over 140 million liters, marking a 7.5% increase compared to the same period last year.  

Role of Isfahan Refinery’s RHU Project in reducing fuel imports

SHANA (Tehran) - The CEO of Iran’s National Oil Refining and Distribution Company stated that the faster implementation of the RHU project at the Isfahan refinery will not only reduce air pollution but also increase profitability and prevent unnecessary costs associated with fuel imports.

High fuel consumption persists during Nowruz; 20% increase

SHANA (Tehran) – Gasoline consumption on Sunday reached over 141 million liters, marking a 20% increase compared to the same period last year.

PIDMCO ready to participate in overseas petchem projects

SHANA (Tehran) – The CEO of PIDMCO, the Petrochemical Industries Development Management Company, outlined the company’s goals and plans for engaging with new technology-based firms (NTBFs) in the new year, expressing hope to participate in at least one international project in 1404, involving technical and engineering services, execution, and commodity supply.

Oil Ministry subsidiaries secure major oil, gas contracts in 1403

SHANA (Tehran) – Subsidiaries of Iran’s Oil Ministry achieved outstanding performance in 1403 by signing significant contracts in large and medium-scale transactions, marking a major step in developing the country’s hydrocarbon industry.

Localization of equipment in largest CPVC chain

SHANA (Tehran) – Arvand Petrochemical Company, which has previously localized dozens of equipment, catalysts, and chemicals, has successfully designed and produced an electric heater used in its sulfuric acid concentration unit in collaboration with domestic experts.

ICOFC: From gas field development to key project launches

SHANA (Tehran) – The CEO of the Iranian Central Oil Fields Company (ICOFC) outlined the company’s major achievements in 1403 and announced plans for technical and contractual negotiations to develop 16 gas fields and launch key projects in 1404.

NIOC performance in 1403: Achieving priorities through capabilities

SHANA (Tehran) –National Iranian Oil Company (NIOC) made significant strides in 1403, driven by the efforts of its employees to bolster the economy.

Iran’s refining industry: overcoming challenges to achieve lasting milestones

SHANA (Tehran) – In 1403, Iran’s refining industry took major strides toward transformative developments, achieving significant progress in energy supply sustainability, environmental quality improvement, and setting new records in liquid fuel supply to power plants.

Iran's daily gasoline consumption stands at 144m liters

SHANA (Tehran) – Iran's gasoline consumption reached 144 million liters on Saturday, marking a 15% increase compared to the same day last year (March 29, 2024).

Daily output of petroleum products increases by 100,000 barrels

SHANA (Tehran) – The CEO of the National Iranian Oil Refining and Distribution Company (NIORDC) announced a 5% growth in the refining industry and an approximate daily increase of 100,000 barrels in petroleum product production in the year 1403 (2024-25) compared to the its preceding year.

POGC:

Work never stops in Iran’s energy hub—even during Nowruz

SHANA (Tehran) – The CEO of Pars Oil and Gas Company (OGC) announced that 70% of Iran’s natural gas, 50% of petrochemical feedstock, and 40% of the feedstock needed for gasoline production come from the South Pars joint field.

Self-sufficiency under sanctions: a technological leap in Iran’s oil industry

SHANA (Tehran) – The deputy oil minister for engineering, research and technology cited first-time production achievements and innovations in financing tools for new technology-based firms (NTBFs) as two key accomplishments of the Oil Ministry in the Iranian year 1403 (2024-25).

Petchem production capacity to increase by 9m tons

SHANA (Tehran) - The production capacity of Iran’s petrochemical industry is expected to rise by approximately 9 million tons by 1404, according to the National Petrochemical Company’s production control manager.

Bandar Imam Petrochemical Complex breaks six-year production, export records 

SHANA (Tehran) - The Bandar Imam Petrochemical Complex achieved its highest production level in six years in 1403.  

Gasoline consumption exceeds 125m liters on eighth day of spring

SHANA (Tehran) - Iran’s gasoline consumption reached 125.7 million liters yesterday, marking a decrease of 1.8 million liters compared to the same day last year.  

Refinery projects prioritized

SHANA (Tehran) - The oil minister emphasized prioritizing refinery projects based on available capital, stating that attracting public investment for small-scale refinery projects is a key focus, in line with the Leader’s designation of the Iranian year 1404 (2025-26) as the "Year of Investment for Production."  

Petchem industry supports attracting new investments

SHANA (Tehran) - The caretaker of the investment management department at the National Petrochemical Company (NPC) said attracting new investments in the "Year of Investment for Production" is a key strategy aimed at boosting output and completing the value chain, adding that NPC is ready to offer full cooperation and support in this effort. 

Gasoline consumption rises 8% during Nowruz holidays

SHANA (Tehran) - Oil Minister Mohsen Paknejad announced an 8% increase in average daily gasoline consumption during the Nowruz holidays compared to the same period last year, stating that fuel reserves are currently at a strong level.

From gas supply to gasoline production

SPGC plays key role in boosting Iran’s economy

SHANA (Tehran) - The CEO of South Pars Gas Complex (SPGC) highlighted the facility’s vital role in Iran’s economic growth, stating that in the past Iranian year (1403, ended March 20), the complex produced over 243 million barrels of gas condensates, more than 606,000 metric tons of granulated sulfur, over 2.5 million metric tons of butane, about 3.7 million metric tons of propane, and more than 1.8 million metric tons of ethane.

Gasoline consumption nears 140m liters

SHANA (Tehran) - Iran’s gasoline consumption reached 139.3 million liters on the seventh day of Farvardin, marking a 10% increase compared to the same period last year.

Isfahan Refinery’s daily gasoline output reaches 13m liters  

SHANA (Tehran) - The CEO of Isfahan Oil Refining Company announced a 40,000-barrel increase in the refinery’s processing capacity, stating that since the start of the 14th administration and through operational upgrades, daily gasoline production has risen from 11 million liters to approximately 13 million liters.  

Loud voices of free thinkers worldwide defend Palestinian people

SHANA (Tehran) - The Minister of Oil called the oppression of defenseless Palestinians deeply painful, asking, “What is the response of human rights advocates in Western countries to the demands of this population and other Quds Day rallies around the world?”

Drilling rig installed in joint Arvand Oil Field

SHANA (Tehran) - The CEO of Arvandan Oil and Gas Company announced the full installation of a drilling rig in the joint Arvand oil field to carry out well repair operations and drill a new well.  

Ilam's Arghavan Gostar Petrochemical Project nears launch

SHANA (Tehran) - The extruder unit of Ilam's Arghavan Gostar Petrochemical Project has reached its final testing phase.  

SPGC head:

Funds must be directed toward development projects

SHANA (Tehran) - The CEO of the South Pars Gas Complex (SPGC) said that in line with this year’s theme of "investment for production," a significant portion of capital should be directed toward development projects through careful planning and collective wisdom.