Shana

Medium gasoline import license issued

NIORDC: Cooperation key for refining growth

SHANA (Isfahan) – The CEO of the National Iranian Oil Refining and Distribution Company (NIORDC) emphasized the necessity of securing financial resources and comprehensive inter-agency cooperation to sustain the refining industry's development.

Refining industry ensures stable fuel supply despite constraints

SHANA (Tehran) – The head of the National Iranian Oil Refining and Distribution Company (NIORDC) stated Thursday that the country's refining sector has guaranteed a reliable and stable fuel supply despite existing limitations.

Commemorating OPEC'S 65th anniversary

Five men, five nations, one idea

SHANA (Tehran) – The Secretariat of the Organization of the Petroleum Exporting Countries (OPEC) marked the organization's 65th anniversary by paying tribute to its founders in a post on its official account.

Iran produces 32m tons of petrochemicals in five months, Exports $5.5b

SHANA (Tehran) — Iran produced 32 million tons of petrochemical products from March 21 through August 22 despite challenging conditions, the head of the National Petrochemical Company said Wednesday.

Iran boosts monthly oil exports by 630,000 barrels

SHANA (Tehran) — Iran’s oil exports have risen by an average of 630,000 barrels per month in the first four months of the current Iranian year compared with the same period in 1403, Oil Minister Mohsen Paknejad said Wednesday.

Sustaining oil production through infrastructure strengthening, private sector involvement

SHANA (Tehran) – The technical manager of the National Iranian South Oil Company (NISOC), while outlining the oil industry's development plans, announced that the main strategies for achieving sustainable production goals are focusing on undeveloped fields, well workovers, energy consumption management, and the implementation of desalination projects.

South Pars gas refineries ready for winter demand

SHANA (Tehran) – The director of coordination and production supervision at the National Iranian Gas Company announced that the South Pars Gas Complex refineries are prepared to ensure stable natural gas supply throughout the winter season.

Iran rejects unilateral claims over Arash field

SHANA (Tehran) – Iran’s Foreign Ministry spokesman on Tuesday rejected unilateral claims over the Arash gas field and reaffirmed Tehran’s commitment to dialogue with Kuwait to reach a fair and lasting agreement.

Speaker: US unable to halt Iran oil sales

SHANA (Tehran) — The United States has been unable to stop Iran’s oil sales, Iran’s Parliament speaker said Tuesday.

Oil Ministry launches multifaceted plan to stop fuel smuggling

SHANA (Tehran) – Iran's Ministry of Oil under the 14th government has launched a comprehensive strategy to address the country's energy imbalance, combat fuel smuggling and move toward efficiency, equity and sustainability in its energy distribution system. The plan is built on four main pillars: pricing policies, non-pricing policies, diversifying the fuel portfolio and combating off-grid distribution and smuggling.

NIOC CEO stresses winter gas production plans

SHANA (Tehran) – The CEO of the National Iranian Oil Company emphasized the necessity of revising overhaul plans and focusing on sustainable and maximum gas production for the winter season.

Iran targets €3.7b in upstream oil projects by year-end

SHANA (Tehran) – Iran’s oil industry aims to bring more than €3.7 billion worth of strategic projects online by the end of this year, focusing on boosting oil and gas production and processing capacity to ensure the country’s energy stability.

SPGC boosts sweet gas output by 6 mcm

SHANA (Tehran) – The Pars South Gas Complex has increased sweet gas production by 6 million cubic meters per day at its 12th refinery, officials announced.

Bandar Abbas Refinery production soars with €1.7b upgrade

SHANA (Tehran) – The Bandar Abbas Oil Refining Company announced a major quality upgrade plan worth €1.7 billion that is expected to triple or quadruple production of the refinery’s main products once fully implemented.

NISOC to launch 22 new development projects

SHANA (Tehran) – The National Iranian South Oilfields Company announced that 22 major development, environmental and infrastructure projects are ready for inauguration.

Iran to boost refining capacity by 180,000 barrels with new projects

SHANA (Tehran) – Iran will increase its oil refining capacity by 180,000 barrels per day by the end of 1404 (mid-March 2026) through the launch of major projects aimed at improving fuel quality and expanding output, the head of the National Iranian Oil Refining and Distribution Co. (NIORDC) said.

Isfahan Oil Refinery to launch two major development projects

SHANA (Tehran) – Isfahan Oil Refining Co. will soon put two key projects into operation — the KHT kerosene sweetening unit and the Soffeh water supply project — in early-September, a senior company official said.

Iran expands refining projects with €840m investment

SHANA (Tehran) – Iran’s National Iranian Oil Refining and Distribution Co. (NIORDC) launched six major projects over the past year with investments totaling about €840 million, aimed at boosting refining capacity and strengthening fuel infrastructure. Another €2 billion worth of projects are underway and expected to be completed by year’s end.

Iran expands gas efficiency from homes to refineries

SHANA (Tehran) – Natural gas, the dominant source in Iran’s energy mix, is at the center of dozens of efficiency and consumption management projects spanning households, government facilities, refineries and provincial gas companies. Officials say full implementation of these programs will help ease energy imbalances, strengthen the national gas network and support sustainable development.

Iran sets oil export records despite sanctions, war

SHANA (Tehran) – Iran’s crude oil and condensate exports reached historic highs over the past 12 months despite the imposition of 14 new US sanction packages totaling 465 measures, including the largest oil sanctions since 2018.

Power plants top gas consumption with over 2 bcm in one week

SHANA (Tehran) – Iran delivered more than 4.3 billion cubic meters of natural gas during the week ending August 29, with power plants consuming nearly half of the total.

Iran’s petrochemical sector set for major expansion

SHANA (Tehran) – Iran’s petrochemical industry is preparing for unprecedented growth in 1404, with 15 new production projects set to begin operations alongside the launch of several new products. Officials say the developments mark a major step toward the goals of the Seventh Development Plan and a more balanced value chain.

Iran’s reliance on natural gas spurs efficiency push

SHANA (Tehran) – Iran relies on natural gas for more than 80 percent of its power plant fuel, a dependency far above the global average of 23 percent, a senior Oil Ministry official said Sunday.

Second jacket for South Pars Phase 11 loaded

SHANA (Bushehr) – The second wellhead jacket for Phase 11 of the South Pars gas field, weighing more than 2,000 tons, was loaded Sunday from the Bushehr industrial yard.

Bushehr governor general:

Domestic capacity key to overcoming sanctions

SHANA (Tehran) — The governor general of Bushehr said Sunday that Iran can overcome international sanctions by relying on its domestic capacities and resources.

Gas extraction from SP Phase 11’s second platform set for fall 2027

SHANA (Bushehr) – The managing director of Petropars said plans are underway to begin gas production from the second platform of Phase 11 in the South Pars gas field by fall 2027.

Iran aims to boost output from SP with Phase 11’s second jacket

SHANA (Bushehr) – The installation of a key platform jacket marks a major step in Iran's efforts to increase gas recovery from the offshore South Pars gas field, the world's largest, which it shares with Qatar.

Iran reports stable gas transmission of 260 bcm

SHANA (Tehran) – Iran Gas Transmission Company stably supplied 260 billion cubic meters of natural gas across the country in the 12-month period from September 2024 to August 2025, the company's managing director announced.

38 Investment Licenses Issued for 43mt Output Capacity at PSEEZ

SHANA (Tehran) - Pars Special Economic Energy Zone (PSEEZ) comprises Pars I (South Pars), Pars II (Kangan) and Pars III (North Pars) zones. South Pars Gas Complex (SPGC) and Pars Oil and Gas Co. (POGC), which account for the bulk of energy supply in Iran, lie in this zone. Known as the country’s largest gas production hub, SPGC has been instrumental in the energy supply in Iran over the past 26 years.