Shana

Minister’s message on Journalists’ Day:

Media highlighted oil workers’ sacrifice

SHANA (Tehran) - In a message marking Journalists’ Day, Oil Minister Mohsen Paknejad praised media professionals for their efforts during the difficult days of war and sanctions, highlighting their role in reflecting the Iranian nation’s resistance and the sacrifices made by oil industry workers to sustain production and ensure the country’s energy supply. He stressed that the media brought these efforts and acts of service to the public’s attention.

Abadan Refinery steps up expansion drive

SHANA (Tehran) — The CEO of the National Iranian Oil Products Refining and Distribution Company underscored the strategic role of the Abadan Refinery in ensuring a stable fuel supply and accelerating development projects during a visit to the southern city.

Pezeshkian vows to press ahead with energy, economic overhaul

SHANA (Tehran) — President Masoud Pezeshkian said Thursday his government will continue efforts to fix energy shortfalls, curb corruption and improve efficiency, describing clean energy expansion, subsidy reform and management restructuring as the three pillars of his administration's economic agenda.

South Pars Refinery No. 3 rebuild officially underway

SHANA (Tehran) – Reconstruction of South Pars Refinery No. 3 has moved into the execution phase after Pars Oil and Gas Company signed an agreement with a consortium of domestic contractors.

President cites energy imbalance as key challenge

SHANA (Tehran) — President Masoud Pezeshkian said energy imbalance was among the most significant challenges facing his administration during its first two years in office, alongside war, sanctions, water shortages and drought, as he reflected on the government's record ahead of the third year of his presidency.

Largest CTEP unit of Iran nears completion at South Azadegan field

SHANA (Tehran) – Iran has finished construction on the final two processing trains of its Central Treatment and Export Processing (CTEP) unit at the South Azadegan oil field, bringing the country's largest crude processing facility to the brink of full operation, oil officials said.

Iran pushes oil field projects forward with domestic resources

SHANA (Tehran) – The head of the National Iranian Oil Company called for faster execution of the company's development projects, urging officials to remove operational obstacles, rely more heavily on domestic capacity and maintain steady coordination among executive bodies.

Iran pushes to rebuild war-damaged oil facilities, secure fuel supply

SHANA (Tehran) — The head of the National Iranian Oil Refining and Distribution Company (NIORDC) stressed the need to speed up strategic reconstruction projects at damaged oil facilities to ensure steady fuel supplies, particularly to Tehran and the country's northern provinces.

Spox: Energy conservation more critical than ever

SHANA (Tehran) – Government spokesperson Fatemeh Mohajerani said energy conservation has become more important than ever due to existing supply imbalances and damage to the country's energy infrastructure during the Third Imposed War.

South Pars Phase 11 set to reach full output in two months

SHANA (Tehran) – South Pars Phase 11, the final development phase of the world's largest natural gas field, is expected to reach its first production milestone within two months, according to the project's executive.

Sharp drop in fuel consumption despite refinery damage from attacks

SHANA (Tehran) – Iran has achieved significant reductions in fuel consumption despite challenges stemming from reduced refinery capacity following attacks by American-Zionist enemies, as well as damage to oil storage and distribution infrastructure in the northern half of the country and damage to fuel storage tanks in Tehran and Alborz provinces, according to a report presented to the Cabinet.

NPC, petrochemical firm sign data governance pact

SHANA (Tehran) – The National Petrochemical Company signed a tripartite agreement Sunday with the Oil Ministry and the Administrative and Employment Affairs Organization to establish a "data-based governance" system across the petrochemical industry, officials said.

Spox says no change to subsidized gasoline quota

SHANA (Tehran) – Iran's government will notify the public before implementing any change to gasoline prices, according to government spokesperson Fatemeh Mohajerani.

Seven OPEC+ nations trim output slightly, reaffirm commitment to market stability

SHANA (Tehran) – Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman are adjusting oil production and reaffirming their commitment to market stability.

Petroleum University of Technology offers expertise to rebuild war-damaged oil facilities

SHANA (Tehran) – The president of the Petroleum University of Technology announced that the university has submitted a proposal to Iran's Oil Ministry to form specialized working groups to help assess and rebuild oil industry facilities damaged in recent conflicts.

Iran races to restore war-damaged gas capacity before winter

SHANA (Tehran) – Iran's oil industry has made restoring gas production capacity lost in attacks on South Pars refineries during the recent conflict its top priority, aiming to complete repairs before the start of the cold season.

Lawmaker urges fuel diversity to ease gasoline crunch

SHANA (Tehran) – A member of parliamentary Energy Committee said the country must diversify its energy mix and turn to alternative fuels to reduce its dependence on gasoline.

Iran signs deals for 2.25m high-efficiency heaters in nationwide swap

SHANA (Tehran) – Iran has signed contracts to supply more than 2.25 million high-efficiency heaters as part of a long-delayed national program to replace outdated units, with officials predicting significant progress this year.

Efficiency, smarter consumption key to industry’s future

SHANA (Tehran) – More than 70% of Iran’s energy demand is supplied by natural gas, making energy imbalance the country’s biggest challenge, according to Saeid Pakseresht, director of integrated planning at the National Iranian Gas Company. He said the industry's future depends on improving energy efficiency, diversifying the energy mix and reforming consumption patterns.

Paknejad urges continued oversight of refinery reconstruction, pension fund reform

SHANA (Tehran) – Oil minister praised the oil industry's efforts to rebuild refineries damaged during the war and stressed the need for continued project management meetings and regular progress reporting.

Fuel policy aims to safeguard energy security

SHANA (Tehran) – Government spokesperson Fatemeh Mohajerani said recent changes to gasoline policy are intended to protect Iran’s energy security and manage fuel consumption amid damage to critical energy infrastructure caused by military attacks.

Minister, officials pay tribute to late NIGC PR chief

SHANA (Tehran) — Senior government and energy officials issued messages of condolence following the passing of Mohammad Asgari, caretaker of public relations at the National Iranian Gas Company (NIGC).

Sepehr-Jofeir oil field production set to hit 110,000 bpd by yearend

SHANA (Tehran) – Iran's Petroleum Engineering and Development Company (PEDEC) is targeting production of 110,000 barrels per day at the Sepehr-Jofeir oil field by the end of the current Iranian calendar year, the company's managing director said.

POGC presses ahead with refinery rebuild after war damage

SHANA (Tehran) – South Pars refineries hit in recent conflicts are being restored on an accelerated schedule, company says.

NIOC hails 'remarkable' recovery at SP refinery sites hit in war

SHANA (Tehran) – The managing director of the National Iranian Oil Company (NIOC) praised the Pars Oil and Gas Company for its handling of the aftermath of attacks on South Pars facilities, calling the substantial progress made in rebuilding the Phase 14 refinery and clearing debris at other damaged refineries in less than two months a sign of the company's management strength, operational cohesion and crisis readiness.

NIOC pushes fast rebuild of war-damaged South Pars gas facilities

SHANA (Tehran) – The head of the National Iranian Oil Company called for an accelerated rebuilding effort at South Pars gas field refineries damaged in recent attacks, saying the facilities must be restored to operation as quickly as possible using domestic contractors and manufacturers while maintaining strict safety and quality standards.

Iran fast-tracks repairs to war-damaged gas refineries ahead of winter

SHANA (Tehran) – Members of a special oversight committee monitoring the reconstruction of damaged refineries at Iran's South Pars Gas Complex urged crews to speed up early production plans before the onset of winter, following a site visit this week.

Iran weighs emergency energy rules as officials warn of winter gas shortfall

SHANA (Tehran) – Iranian officials met this week to review implementation of a new directive on managing, monitoring and optimizing water and energy consumption, as the government braces for a projected winter natural gas shortfall.

Corporate governance key to oil pension funds' long-term stability

SHANA (Tehran) – The head of the board of directors of the Oil Industry Pension Funds said establishing strong corporate governance is essential to protecting intergenerational assets and ensuring the funds can keep meeting insurance obligations and welfare services.

Improving efficiency, effective governance top president's agenda

SHANA (Tehran) – President Masoud Pezeshkian said Wednesday that boosting performance and effective efficiency is the government's top priority, pledging to work with anyone capable of solving the public's problems and calling for unity across the administration.