Shana

Major safety milestone in overhaul of SP platforms

SHANA (Tehran) – The production and operations manager of Pars Oil and Gas Company announced the replacement of 32-inch main emergency shutdown valves (ESDVs) on South Pars Gas Platform No. 10 to enhance safety and production stability.

Oil Ministry ensures winter supply with higher fuel reserves

SHANA (Tehran) – The oil minister highlighted the Oil Ministry’s strong measures to ensure winter fuel supply, stating that power plants’ liquid fuel reserves by Aug. 16 are approximately 60% higher than last year.

Weekly gas consumption nears 4.2 bcm

SHANA (Tehran) – Power plants, major industries, and the household sector accounted for the majority of Iran’s natural gas consumption last week (ended August 15), totaling over 4.177 billion cubic meters.

Oil Ministry’s Push to close the flare gas case

SHANA (Tehran) – For years, flares in southern Iran have burned relentlessly and aimlessly. These gases could have been economically viable—warming homes, powering industries—yet they have been wasted for decades. The oilmen, those who have breathed the dust of oil wells and dream of extinguishing these flames, have taken a serious step forward by implementing the NGL 3100 project.

Refining industry outlook through the lens of the Seventh Development Plan

SHANA (Tehran) – Javad Beheshti, integrated planning manager of the National Iranian Oil Refining and Distribution Company (NIORDC), outlined three key objectives for the refining industry under the Seventh Development Plan: completing the value chain, upgrading and modernizing refining processes, increasing production capacity, and producing world-class petroleum products.

MP:

Ilam’s APG gathering project is lasting, valuable

SHANA (Tehran) – Asadollah Cheraghi, the representative of Dehloran, Darreh Shahr and Abdanan in Iran’s Parliament, said the national project to capture associated petroleum gas (APG) from oil fields in southern Ilam province is "lasting and highly valuable in all our minds."

First development well drilled at Yadvaran oil field

SHANA (Tehran) – The drilling operations for the first development well in a six-well project at the Yadvaran oil field have been completed using the Fat’h 92 drilling rig, announced the deputy CEO of National Iranian Drilling Company (NIDC) for drilling projects.

Overhauling in half of South Pars gas platforms completed

SHANA (Tehran) – The deputy head of production and operations at Pars Oil and Gas Company announced that major maintenance on 17 gas platforms in South Pars has been completed, with over 70,000 safe work hours recorded.

Paknejad:

Premium gasoline offered as new service, unrelated to fuel quotas

SHANA (Tehran) – Oil Minister Mohsen Paknejad said Saturday that premium or special-grade gasoline is being introduced as a new service by the Oil Ministry and is not linked to fuel quotas.

NGL 3100 project turns wasted gas into economic opportunity

SHANA (Tehran) – Ramin Hatami, integrated planning manager of the National Iranian Oil Company (NIOC), stated that the South Ilam Flare Gas Gathering Project (NGL 3100) will convert hundreds of millions of cubic feet of gas annually—which would otherwise be burned off—into feedstock for downstream industries and petrochemical plants.

President: Gov’t to support gas recovery projects

SHANA (Tehran) – President Masoud Pezeshkian said the government will provide any support possible to accelerate gas recovery projects, noting that the annual value of collected associated gas is estimated at $700 million.

Iran expands gas recovery to cut flaring, protect national assets

SHANA (Tehran) – Iran’s oil minister said the country has sharply increased its capacity to recover flare gas under the 14th administration, aiming to both protect the environment and prevent the waste of hundreds millions of dollars in national resources.

Iran opens NGL 3100 facility to curb gas flaring, boost output

SHANA (Tehran) — Iran has inaugurated a $1.6 billion project to capture flare gas from oil fields in the southern part of Ilam Province, a move aimed at reducing pollution and preventing the burning of valuable natural resources.

Iran’s petrochemical roadmap: From value chain growth to global diplomacy

SHANA (Tehran) – The Director of Planning and Development at the National Petrochemical Company (NPC) has outlined Iran’s strategic development plans for the petrochemical sector, emphasizing the role of “petrochemical diplomacy” in achieving the industry’s growth objectives.

Tehran Oil Refinery projects accelerate under 14th administration

SHANA (Tehran) – The engineering manager of Tehran Oil Refining Company’s projects announced that the implementation of the refinery’s initiatives has been expedited under the 14th administration. Several projects, including urban wastewater treatment, industrial hexane production and connection to the national power grid, are set to launch in the coming months.

35m-ton jump in petchem capacity planned under Seventh Development Plan

SHANA (Tehran) – The Director of Planning and Development at the National Petrochemical Company (NPC) has announced a planned increase of 35 million tons in the country’s petrochemical production capacity through the implementation of 66 development projects under the Seventh Development Plan. He noted that in addition to expanding capacity, the plan aims to complete the value chain to reduce dependence on exports of basic products.

Oil minister’s advisor praises journalists as ‘Pioneers of Information in critical moments’

SHANA (Tehran) – During a visit to the SHANA newsroom on Journalist’s Day, the oil minister’s advisor praised reporters for their efforts, calling them pioneers in disseminating information across all fields and during critical times.

Oil Ministry appreciates media support during critical times

SHANA (Tehran) – The head of public relations at Iran’s Oil Ministry emphasized the need to strengthen specialized oil media outlets, acknowledging their effective role during sensitive periods, including the recent 12-day imposed war and other exceptional circumstances in recent years.

Oil Ministry enters path to decarbonize maritime fleet

SHANA (Tehran) – The secretary of the Iranian Maritime Engineering Society announced the first joint meeting between the Oil Ministry, the Petroleum University of Technology, and the Chemical Engineering Society to examine the requirements and opportunities for decarbonizing maritime transport. He stated that this meeting marks the beginning of defining national technological and research projects to reduce carbon emissions in the sector.

OPEC+ crude oil production rises by 335,000 barrels

SHANA (Tehran) – The combined crude oil production of OPEC and OPEC+ member countries reached 41.94 million barrels per day (bpd) last month, up 335,000 bpd from June’s output of 41.605 million bpd.

Gas transmission capacity completed on Eighth National Pipeline

SHANA (Tehran) – The director of the Gas Pressure Boosting Facilities Project at Iran Gas Engineering and Development Company (IGEDC) announced the launch of the third unit at the Shahid Qorbani Motlaq Gas Pressure Boosting Facility of Dehshir, stating that gas transmission capacity on the eighth national pipeline has been completed, strengthening network stability.

Gasoline price issue still under discussion: Gov’t spox

SHANA (Tehran) – The Iranian government has no immediate plans to raise gasoline prices, a spokesperson said Tuesday, though she acknowledged the need for a broader review of the issue.

NISOC undertakes overhaul on more than 100 process units

SHANA (Tehran) – The National Iranian South Oilfields Co. (NISOC) has begun major overhauls on more than 100 processing units since early April, with 27 of them prioritized for their direct impact on oil production, the company’s head of industrial equipment and process machinery maintenance said.

Tehran Refinery moves toward sustainable water supply through wastewater treatment

SHANA (Tehran) – The operations manager of Tehran Oil Refining Company announced the launch of the first phase of the refinery’s wastewater treatment project, stating that approximately 15,000 to 20,000 cubic meters of municipal water have been replaced with treated water. Once fully operational, the project will not only meet the refinery’s entire water demand but also provide a sustainable water supply for ancillary industries.

Power plants set new daily gas consumption record at 312 mcm

SHANA (Tehran) – The daily gas consumption record for power plants was broken during the week leading up to Aug. 8, with Monday (Aug. 3) reaching an all-time high of 312 million cubic meters (mcm).

Alvand rig to join Iranian offshore drilling fleet soon

SHANA (Tehran) – The overhaul of the Alvand offshore drilling rig is in its final stages in the Kish operational area and will soon join the Iranian Offshore Oil Co.’s drilling fleet.

Main causes of Iran’s gasoline imbalance identified

SHANA (Tehran) – The head of Iran’s Oil Refining Industry Employers Association said excessive consumption, fuel smuggling and weaknesses in the domestic auto industry are the main causes of the country’s gasoline supply imbalance.

President calls for better gasoline subsidy management to support low-income citizens

SHANA (Tehran) – President Masoud Pezeshkian on Sunday said billions of dollars are being spent on gasoline imports, while some people who do not need subsidized fuel continue to buy it at 1,500 tomans per liter. He said better management of those resources could support the livelihoods of low-income citizens.

IranPlast 2025 sets national record on first day of booth allocation

SHANA (Tehran) – More than 11,000 square meters of space were reserved on the first day of booth allocation for the 19th IranPlast International Exhibition, setting a new record for exhibition registrations in the country, the National Petrochemical Co. said.

Gas refineries undergoing overhauls on schedule: NIGC

SHANA (Tehran) – The National Iranian Gas Company (NIGC) has kept all refinery and transmission network overhauls on schedule this year, despite resource and parts constraints, according to Managing Director Saeid Tavakoli.