Shana

MP: OPEC remains oil market pillar

SHANA (Tehran) — OPEC has evolved over more than six decades from a group focused solely on oil production into one of the key players shaping global energy security and oil market stability, a member of the Parliament Energy Committee said.

Flare gas projects set for staged launch

SHANA (Tehran) – Ramin Hatami, CEO of the National Iranian South Oil Company (NISOC), said staged commissioning of flare gas recovery projects in the Aghajari operational area will begin in November, with efforts underway to bring some projects online before the cold season.

Iran orders fuel-saving measures across gov’t

SHANA (Tehran) – The head of Iran’s government board secretariat has notified executive agencies of President Masoud Pezeshkian’s directive to reduce fuel consumption by expanding remote work and introducing a weekly “car-free day.”

OPEC at 66: From Baghdad to the heart of the global oil market

SHANA (Tehran) – Sixty-six years ago, in September 1960, five oil-producing nations—Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela—gathered in Baghdad and established the Organization of the Petroleum Exporting Countries (OPEC). Since then, OPEC has become one of the most influential players in the global energy market.

Fuel policies cut gasoline use

SHANA (Tehran) – Nonprice policies have helped reduce gasoline consumption in Iran, while a recent adjustment to the third-tier gasoline price has also contributed to lower demand, according to Abbas Basafa, director of the Fuel Smart Card System at the National Iranian Oil Products Distribution Company.

Iran begins CNG conversion drive for ride-hailing cars

SHANA (Tehran) – Iran has begun a nationwide program to convert high-mileage ride-hailing vehicles to dual-fuel systems, with 600 cars converted over the past two weeks, the head of the CNG project at the National Iranian Oil Products Distribution Company said.

Rethink energy policy

SHANA (Tehran) – Iran needs to revise its broad energy policies, prioritize consumption management, diversify its energy mix and reduce its heavy reliance on natural gas, a National Iranian Gas Company official said.

Khangiran gas facilities undergo major overhaul

SHANA (Tehran) – The CEO of East Oil and Gas Production Company said a major maintenance program is underway at the company’s facilities to improve reliability and ensure stable gas production during the cold season.

Fleet renewal key to tackling gasoline imbalance

SHANA (Tehran) –A lawmaker has identified fuel-hungry vehicles and the aging transportation fleet as major contributors to the country’s gasoline imbalance, calling for fleet modernization and the import of fuel-efficient vehicles.

South Pars loads first propane export from second tank

SHANA (Tehran) – The second propane storage tank at the South Pars phases 22-24 refinery has come on stream using domestically manufactured cryogenic pumps, with the first export shipment successfully loaded from the facility.

Iran backs deeper BRICS cooperation

SHANA (Tehran) – Iran supports strengthening cooperation in science, technology, energy and food security for the benefit of all BRICS members, particularly countries in the Global South, President Masoud Pezeshkian said Saturday.

Gas field development gains speed

SHANA (Tehran) – The development of Iran’s Farzad, Belal and Kish gas fields has accelerated, with projects progressing at twice the pace recorded during the comparable period over the past two years, the CEO of Pars Oil and Gas Company said.

Petrochemical installed capacity surpasses 100m tons

SHANA (Tehran) – Iran’s petrochemical industry reached 101.4 million tons of installed capacity in the Iranian calendar year 1404, despite economic and operational challenges stemming from sanctions and military conflicts.

700 oil wells brought back to life

SHANA (Tehran) – The revival of more than 700 shut-in and low-producing oil wells, the engagement of 76 technology companies, the receipt of 189 technical proposals and 381.227 billion rials in investment in technology projects are among the key achievements of the Oil Industry Technology and Innovation Park during the first two years of the 14th administration.

CNG development seen as most cost-effective way to address gasoline imbalance

SHANA (Tehran) – Expanding compressed natural gas use is one of the fastest and most cost-effective ways to address Iran’s gasoline imbalance, a member of Parliament’s Planning and Budget Committee said.

Iran positions itself as BRICS energy, food supply partner

SHANA (Tehran) — Iran is ready to serve as a strategic partner in BRICS energy, food and transportation supply chains, President Masoud Pezeshkian said Friday, citing the country's vast energy reserves and strategic geographic location.

Petchem, pharma industries sign value-chain MoU

SHANA (Tehran) – Iran’s National Petrochemical Company (NPC) and the Syndicate of Pharmaceutical, Chemical and Pharmaceutical Packaging Manufacturers signed a memorandum of understanding (MoU) aimed at completing the petrochemical-to-pharmaceutical value chain and strengthening the sustainable supply of raw materials.

Gov’t leads fuel consumption reform

SHANA (Tehran) — President Masoud Pezeshkian stressed the need to manage energy consumption, saying the government is leading efforts to reform consumption patterns and will spare no effort to support the production cycle.

South Pars adjusts production, development plans after war

SHANA (Tehran) — The head of oil and gas engineering at Pars Oil and Gas Company said the company has reviewed and restructured production, maintenance and development plans for the South Pars gas field to reflect constraints and conditions following the war.

Lawmaker:

Diversifying fuel mix seen as key to curbing gasoline consumption

SHANA (Tehran) — A member of parliament's Energy Committee said diversifying Iran's fuel mix is a strategy for curbing gasoline consumption and strengthening the country's energy security, noting that rising consumption has made fuel diversification one of the central themes of Iran's energy policy.

NIGC:

One degree cut equals a South Pars phase to gas grid

SHANA (Tehran) — Lowering indoor temperatures by just one degree Celsius this winter could feed roughly 25 million cubic meters of gas back into Iran's national network — equivalent to the output of one phase of the South Pars field — according to the head of the National Iranian Gas Company.

MP: Energy consumption management becomes a national responsibility

SHANA (Tehran) – A member of Parliament’s Economic Committee said proper management of fuel consumption has become a public and national responsibility, stressing that every reduction in unnecessary energy and fuel use would help maintain public services, support production and ease pressure on infrastructure.

Sarajeh gas storage capacity to increase by 50%

SHANA (Tehran) – The storage capacity of the Sarajeh Qom gas storage facility will increase by 50%, according to the CEO of the Iran Gas Engineering and Development Company.

Oil industry on a path to tech, localization drive

SHANA (Tehran) – Over the past two years, the Ministry of Oil’s Deputy Directorate for Engineering, Research and Technology has completed a series of policy, operational and infrastructure initiatives focused on reforming the technical and executive system, expanding domestic manufacturing, supporting new technology-based firms, digitizing the supply chain, upgrading standards, developing priority technologies and strengthening passive defense capabilities.

Two years of energy diplomacy at Oil Ministry

SHANA (Tehran) – Energy diplomacy in today’s world is not merely an economic tool. It is a strategic lever for expanding political influence, safeguarding national security and managing global challenges.

Gas operator mechanism enters operational phase

SHANA (Tehran) – The CEO of the National Iranian Gas Company said the mechanism for gas operator companies has officially entered the operational phase, emphasizing that sustainably addressing the country’s energy imbalance cannot rely solely on increasing gas production and supply.

National gas network stabilized within an hour of mid-March incident

SHANA (Tehran) – The CEO of the National Iranian Gas Company said the country lost about one-third of its gas production capacity during the March 18, 2026, incident, but the national gas network was brought under control in less than an hour, preventing a disruption to its stability.

Call to begin for dual-fuel conversion of high-mileage ride-hailing vehicles

SHANA (Tehran) – The National Iranian Oil Products Distribution Company will begin calling on high-mileage vehicles operating on online transportation platforms to undergo conversion to dual-fuel systems, the head of the company’s CNG project said.

SP Phase 11 overhaul accelerates as Iran pushes for peak gas output

SHANA (Tehran) - Oil minister said reconstruction work on Phase 11 of the South Pars gas field has picked up speed, part of a broader push to boost the country's natural gas production and supply over the past two years.