Shana

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.

Marun Oil and Gas Company reports full achievement of production program

SHANA (Tehran) – Marun Oil and Gas Production Co. has fully achieved its crude oil production program, significantly reduced gas flaring, localized key strategic equipment and carried out major infrastructure and social projects in neighboring areas, the company’s managing director said.

Iran targets daily gas output of 1.35 bcm

SHANA (Tehran) — The National Iranian Oil Company aims to boost daily gas production to 1.35 billion cubic meters by the end of the country’s Seventh Development Plan (2024-28), the company’s chief said Saturday.

NIDC completes drilling of 114 oil, gas wells

SHANA (Tehran) – The National Iranian Drilling Company announced it has drilled and completed 114 oil and gas wells, with over 115,000 meters drilled, during the first year of the 14th administration's term.

Iran inks deal to develop Halegan, Shahini gas fields

SHANA (Tehran) — Iran’s National Iranian Oil Company signed a memorandum of understanding Saturday with IMIDRO, steel companies and MAPNA Group to develop the Halegan and Shahini gas fields in southern Fars province.

POGC:

SP infill drilling to boost gas output by 15 mcm/day

SHANA (Tehran) – The Pars Oil and Gas Company announced plans to complete and bring into production new wells under its South Pars infield drilling program, aiming to raise daily gas output from the shared field by more than 15 million cubic meters by the end of the year.

Iran launches major industrial projects with domestic expertise

SHANA (Tehran) — President Masoud Pezeshkian announced the inauguration of two national Oil Ministry projects and 722 industrial and mining projects across the country, saying more than 95% of the equipment used was manufactured domestically.

Despite attacks, Iran's oil sector reports increased fuel reserves

SHANA (Tehran) – Following the Israeli regime’s military aggression on Iranian soil, the Ministry of Oil, through comprehensive crisis management, not only prevented disruptions in the country’s energy supply but also increased strategic fuel reserves – despite unprecedented consumption growth and targeted attacks on facilities.

Boosting Well Productivity by Innovative Strategies

SHANA (Tehran) - Iran sits atop the world’s largest hydrocarbon reserves, with its massive South Pars gas field alone holding an estimated 280 tcf of recoverable natural gas. Yet despite this abundance, maximizing well productivity remains a critical challenge for Iran’s oil and gas industry.

MoU to be signed for development of two gas fields

SHANA (Tehran) – A memorandum of understanding for a study on the development and operation of the Halegan and Shahini gas fields will be signed between the National Iranian Oil Company (NIOC), the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), steel companies and Mapna Group.

Iran inaugurates major oil pipelines to boost energy security

SHANA (Tehran) – Iran has officially inaugurated two major oil pipelines, the Bandar Abbas-Rafsanjan and the Sabzeab-Shazand lines, in a ceremony led by President Masoud Pezeshkian and Oil Minister Mohsen Paknejad via video conference.