Shana

Iran expanding petrochemical exports to Eurasian market

SHANA (Tehran) – The head of the National Petrochemical Company said Iran is increasing its petrochemical exports to Eurasian markets.

92% of Iran’s power generated from fossil fuels

SHANA (Tehran) – The deputy oil minister for engineering, research and technology said more than 92% of the country’s electricity production relies on fossil fuels, adding that the government is pursuing a new path aimed at expanding renewable energy and easing pressure from the nation’s energy imbalance.

Gov’t shifts to multi-fuel energy policy: Deputy minister

SHANA (Tehran) – Iran’s Oil Ministry is moving away from single-fuel policymaking and overreliance on natural gas as the government adopts a new approach to addressing the country’s energy imbalance, a senior official said Tuesday.

Reconstruction of Fajr Jam Gas Sweetening Unit nears completion

SHANA (Tehran) – The acting head of Fajr Jam Gas Refining Company said reconstruction of the refinery’s second gas sweetening and cooling unit is nearing completion.

Oil industry to hold first ‘Administrative Health Week’

SHANA (Tehran) – The head of the Committee for Promoting Administrative Health and Combating Economic Corruption in the oil industry announced the launch of the first “Administrative Health Week” in the industry’s history, calling its coordinated implementation an important step toward preventing economic corruption and improving organizational efficiency.

Smartening 500 boiler rooms marks first step in energy optimization

SHANA (Tehran) – The energy and carbon manager at the National Iranian Gas Company (NIGC) said replacing more than 4 million heaters nationwide, refurbishing 326,000 boiler rooms, and installing smart controls in 100,000 boiler rooms are the company’s three main strategies for managing energy consumption. He said 500 boiler rooms across the country — many of them in schools — have already been upgraded with smart systems.

Well No. 22 at Yaran Field connected to production network

SHANA (Tehran) – The project manager for the Yaran Field development said installation and commissioning of an electric submersible pump (ESP) in Well No. 22 in the northern section of the Yaran oil field has been successfully completed, and the well has been connected to the production network following performance tests and initial stabilization.

63,000 school boiler rooms offer major energy-saving potential

SHANA (Tehran) – The deputy education minister and head of the National Organization for Renovation, Development and Equipment of Schools said the country’s 63,000 school boiler rooms represent a significant opportunity to improve energy efficiency, stressing the importance of promoting a culture of responsible energy use in schools.

Gov’t, newly registered vehicles to refuel at new rate

SHANA (Tehran) – The CEO of the National Iranian Oil Products Distribution Company said that under a new plan, fuel quotas for government, free-trade zone, foreign and newly registered vehicles will be supplied at a rate of 5,000 tomans per liter. He noted that while the quota for these vehicles remains 160 liters, the entire amount will now be provided at the 5,000-toman rate.

Energy use intensity remains high

Daily injection of 850 mcm of gas into national network

SHANA (Tehran) – The CEO of the National Iranian Gas Company said Monday that despite restrictions caused by sanctions, the company is injecting about 850 million cubic meters of gas into the national network each day. He described the country’s energy use intensity as high and stressed that improving consumption in schools could drive a major shift in national energy management.

Fulfilling social responsibilities with a targeted approach

SHANA (Tehran) – The CEO of the National Petrochemical Company underscored the central role of the Strategic Council of the Mahshahr Petrochemical Special Economic Zone in advancing the social responsibilities of petrochemical companies in the region, saying budget allocation and implementation of these commitments must be carried out precisely and with clear objectives.

Energy use in schools to be optimized

SHANA (Tehran) – The National Iranian Gas Company and the Organization for Development, Renovation and Equipping Schools signed an agreement to improve energy efficiency in schools.

PBO reports on implementation of fuel card policy

SHANA (Tehran) – The head of the Plan and Budget Organization presented a report to the cabinet on efforts and coordination related to implementing the government’s resolution on regulating gasoline station fuel cards.

Eight OPEC+ producers maintain cautious output policy amid steady market fundamentals

SHANA (Tehran) – Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirmed commitment to market stability on steady global economic outlook and current healthy oil market fundamentals as reflected in low inventories.

40th OPEC and non-OPEC Ministerial Meeting Press Statement

40th OPEC+ meeting sets course for market stability through 2026

SHANA (Tehran) – OPEC and its non-OPEC allies reaffirmed their long-standing cooperation framework and extended current crude production levels through the end of 2026 during their 40th ministerial online meeting on Sunday, November 30, underscoring their commitment to stabilizing global oil markets amid ongoing volatility.

Which fuel cards remain valid?

SHANA (Tehran) – The head of the National Iranian Oil Products Distribution Company’s smart fuel card system said many recent requests for new fuel cards are completely unnecessary, emphasizing that fuel cards for imported, government and non-subsidized vehicles — as well as cards still bearing the name of a previous owner — do not need to be replaced.

Fourth Energy Efficiency Conference to be held in Tehran

SHANA (Tehran) – The fourth International Conference and Exhibition on Energy Optimization and Efficiency in Iran will be held at the Milad Tower International Conference Center of Tehran.

Completion of 3D seismic survey at Paydar field

SHANA (Tehran) – The project manager for the development of the Cheshmeh-Khosh, Dalpari and East Paydar oil fields said the 3D seismic data acquisition at East Paydar Field was successfully completed on Nov. 28, ahead of schedule, under an IPC2 contract carried out by Dana Geophysics.

Gas savings in petchem sector hit 1.7 bcm

SHANA (Tehran) – The National Petrochemical Company’s energy optimization director says Iran’s petrochemical industry has saved 1.7 billion cubic meters of natural gas over the past four years through efficiency projects. He added that the sector is targeting annual savings of more than 200 million cubic meters this year.

No such thing as ‘White Fuel Cards,’ NIOPDC says

SHANA (Tehran) – The National Iranian Oil Products Distribution Company (NIOPDC) issued a statement strongly denying social media rumors about the existence of so-called “white fuel cards,” and provided clarifications on how fuel cards are issued and how many are currently active.

Drilling begins at Belal field, signaling stable future gas production

SHANA (Tehran) – The acting director of the Belal gas field development project announced the official start of drilling operations for development wells in this shared field, calling it a key step in accelerating the project and ensuring stable gas production in Iran’s energy hub.

Second phase of NPC–NIGC launched to boost energy efficiency

SHANA (Tehran) – The National Petrochemical Co. (NPC) and the National Iranian Gas Company (NIGC) have signed a memorandum of understanding aimed at encouraging petrochemical companies to invest in natural gas efficiency and conservation projects.

President calls for creative solutions to improve energy efficiency

SHANA (Tehran) – President Masoud Pezeshkian stressed the need for innovative and creative solutions to better manage energy consumption.

Launch of third dehydration unit at Rag Sefid-1

The managing director of Aghajari Oil and Gas Production Company said the third dehydration and compression unit at the Rag Sefid-1 operational facilities has come online as part of the Oil Ministry’s and the 14th government’s broader policy to recover associated gas and reduce flaring.

CNG expansion saves 16m liters of gasoline daily

SHANA (Tehran) – Iran’s national CNG project manager says daily compressed natural gas sales have reached about 16 million liters, preventing the country’s gasoline consumption from climbing to an estimated 148 million liters per day — the equivalent output of several refineries.

Drilling of Belal development wells begins

SHANA (Tehran) – The head of the National Iranian Oil Company announced the start of drilling operations for development wells at the Belal field, relying on the expertise of Iranian engineers.

Fuel quotas for cars with reissued license plates will not be cut

SHANA (Tehran) – The head of the National Iranian Oil Products Distribution Company said gasoline quotas at the first-tier rate (1,500 tomans) and second-tier rate (3,000 tomans) will not be removed for vehicles that undergo license plate replacement, because “new-number vehicles” refers only to brand-new cars that have never been registered.

NIOC Sports Council chief appointed

SHANA (Tehran) – The CEO of the National Iranian Oil Company has appointed Mohammadreza Amirifard as head of the company’s Sports Council.

Governor-general: No mazut is being burned in Tehran

SHANA (Tehran) – Tehran Governor General Mohammadsadeq Motamedian said no mazut is being used as fuel anywhere in the province, emphasizing that the capital has about 4.2 million active motorcycles, more than 70 percent of which are over 20 years old and mostly worn out and polluting.

Ensuring nation’s energy security through strategic measures

SHANA (Tehran) – The production director of the Iranian Central Oil Fields Company (ICOFC) said precise and timely overhauls and maintenance programs have positioned the company as a key player in supplying winter fuel and safeguarding the nation’s energy security.