Shana

Iran hits seven-year crude production high

SHANA (Tehran) - Iran has recorded its highest crude oil production in seven years, with output rising about 10% in 1403 compared with 1402 and another 3.5% in 1404, according to Reza Kheilaei, director of oil and gas production monitoring at the National Iranian Oil Company.

100 contracts, 170+ projects in 14th Administration

RIPI powers Iran’s oil sector forward

SHANA (Tehran) – The Research Institute of Petroleum Industry (RIPI) has maintained a robust pace of research and technological activity across Iran's oil and gas sector under the 14th Administration, signing 100 research contracts, executing more than 170 projects, and responding to over 3,600 requests for laboratory-based technological services.

Petrochemical resilience under fire

SHANA (Tehran) – Iran's petrochemical industry faced one of its toughest tests in recent years during the Third Imposed War. Despite damage to several complexes, effective crisis management, sustained production, uninterrupted domestic supply, and a rapid start to reconstruction kept the disruption from spreading through the country's production and supply chain.

How Iran's refining, distribution sector rewrites its growth playbook

SHANA (Tehran) – Over the first two years of the 14th government, Iran's refining and distribution industry shifted its development strategy — moving beyond a narrow focus on construction projects toward reforming governance structures, financial relationships, and new pathways for capital formation, all while managing fuel imbalances and working around sanctions-driven constraints.

Belal and Pazan: Discoveries redrawing Iran’s gas map

SHANA (Tehran) – From October 2024 to August 2026, NIOC's Exploration Directorate opened a new chapter in the country's search for hydrocarbons, focusing on identifying fresh reserves, advancing exploratory studies, and pushing forward geophysical and drilling operations. Topping the list of achievements: the discovery of the Belal and Pazan gas fields in Fars Province.

Smart contracts, wartime resilience: Inside NIOC's legal transformation

SHANA (Tehran) – The Legal Affairs Directorate of the National Iranian Oil Company (NIOC) is one of the key units safeguarding the company's rights and interests. Under the 14th administration, alongside the expansion of legal and contractual activities, the directorate has taken steps toward digitalizing and increasing the transparency of its processes. The launch and development of the "SAHN" oil legal system, a record number of court rulings issued in NIOC's favor, and the continuation of legal operations under wartime conditions have all been part of the directorate's work during this period.

Belal gas field: New frontier to ease gas shortfall

SHANA (Tehran) – The project manager overseeing development of the shared Belal gas field announced that drilling of two wells at the site has been completed.

Gas storage capacity hits 3.16 bcm

SHANA (Tehran) – Iran’s underground natural gas storage capacity increased to 3.16 billion cubic meters under the 14th administration, strengthening the country’s ability to stabilize the gas network and manage demand during peak consumption periods.

Refining, distribution sector boosts fuel resilience

SHANA (Tehran) – Iran’s oil refining and distribution industry has strengthened its infrastructure and improved fuel supply management, posting an average daily production of 109 million liters of gasoline, commissioning more than 1,000 kilometers of new pipelines, eliminating gas oil imports in 1404, completing several quality-upgrade projects, increasing gas oil deliveries to power plants by 51% in winter 1403 and raising production of dual-fuel vehicles by 210%.

President:

Gasoline regulating, sanctions relief central to economic recovery

SHANA (Tehran) — President Masoud Pezeshkian said Friday that his government is pursuing a series of measures to curb fuel consumption.

In Government Week Message

Leader urges domestic production, dollar phase-out, national unity

SHANA (Tehran) – The Leader of the Islamic Revolution, Ayatollah Seyyed Mojataba Khamenei, praised President Masoud Pezeshkian's government for meeting citizens' needs despite the US-Israeli aggression and blockade, while calling for greater domestic production and the removal of the US dollar from financial transactions.

Spokesman: No rift between president, oil minister on exports

SHANA (Tehran) – Saman Ghodousi, spokesman and director-general of public relations for Iran's Oil Ministry, said Friday there is no discrepancy between statements made by the president and the oil minister regarding Iran's oil exports, accusing critics of pursuing toxic agendas and nonsense.

Tehran works to restore steady gasoline flow amid record demand

SHANA (Tehran) – Tehran's daily gasoline consumption has surged to a rare 26 million to 27 million liters, even as storage capacity in the capital has dropped sharply and refineries increasingly ship fuel directly to stations, bypassing intermediate depots. The strain on distribution infrastructure has forced some stations to temporarily halt sales.

Reshadat field to get new living quarters platform in major offshore milestone

SHANA (Tehran) – Loading and transport operations began for the 2,300-ton Q4 living quarters platform, part of the Reshadat oil field development project, at the Iran Marine Industrial Company (SADRA) yard in Bushehr.

Economy minister calls for urgent financing to rebuild damaged SP facilities

SHANA (Tehran) – Minister of Economic Affairs and Finance emphasized the need to finance projects aimed at rebuilding damaged facilities at the South Pars gas field, urging relevant executive bodies to cooperate in speeding up implementation.

Ending a costly standoff:

How petchem sector settled its utility pricing conflict

SHANA (Tehran) – The resolution of a years-long dispute over the pricing of ancillary petrochemical services is more than a routine decision about utility rates. It is the outcome of a deliberate path charted by the Ministry of Petroleum and the National Petrochemical Company (NPC) under the 14th administration to address a deep-rooted industry problem, restore stability to the business environment, and strengthen engagement with the private sector.

Winter gas records: How Iran pushed output past 1.1 bcm a day

SHANA (Tehran) – One billion, 117 million cubic meters — the most significant daily gas production record set by Iran's 14th administration, achieved in winter 1404 (2025-26) despite gas supply imbalances and ongoing sanctions.

Iran continues delivering oil to customers, minister says

SHANA (Tehran) – Iran continues to sell crude oil and deliver it to customers at sea beyond the country’s territorial waters, Oil Minister Mohsen Paknejad said.

Iran’s energy diplomacy expands from Doha to Moscow, New Delhi

SHANA (Tehran) – Over the past two years, Iran’s oil industry has maintained an active presence at global negotiating tables, from Doha to Moscow and Baghdad to New Delhi.

Iran gas industry posts broad gains under 14th gov’t

SHANA (Tehran) – The achievements of the National Iranian Gas Co. (NIGC) during the first two years of the 14th administration go beyond record production, transmission-line expansion and gas supplies to cities and villages.

Iran’s progress depends on empowering capable people

SHANA (Tehran) – President Masoud Pezeshkian stressed the need to entrust responsibilities to qualified individuals, saying Iran’s progress and stronger public trust depend on fair performance evaluations and creating opportunities for young people, experts and capable employees to take on key roles.

A new energy playbook for Iran’s petrochemical industry

SHANA (Tehran) – Energy management and consumption optimization have emerged as key priorities for the National Petrochemical Company under Iran’s 14th administration, with a focus on reducing energy intensity, improving efficiency, sustaining production and making more effective use of the country’s energy resources.

South Pars sets new gas production record

SHANA (Tehran) – After more than two decades of production, the South Pars gas field has reached a new milestone, recording 730 million cubic meters of rich gas output per day — the highest production rate in the history of the shared field and a record set during Iran’s 14th administration.

Pars South refineries enter reconstruction phase

SHANA (Tehran) – Reconstruction of four damaged refineries at Iran’s South Pars Gas Complex is moving forward under a structured plan focused on domestic capabilities, the complex’s CEO said.

New gas find highlights Iran’s oil industry resilience

SHANA (Tehran) — The discovery of more than 7.5 trillion cubic feet of natural gas in southern Fars province demonstrates the resilience of Iran’s oil and gas industry despite wartime conditions and economic pressures, a lawmaker said.

Oil output rises by more than 200,000 bpd

SHANA (Tehran) – Iran has increased its oil production capacity by more than 200,000 barrels per day over the past two years, reaching its highest level in at least eight years, National Iranian Oil Company CEO Hamid Bovard said.

Fuel reserves rebound to record high

SHANA (Tehran) – The 14th administration took office with power plant diesel fuel reserves down 43%, but managed to rebuild stocks to a record 3.4 billion liters while setting new benchmarks for fuel deliveries to power plants.

Ahmadkhanbeigi appointed Oil Industry Innovation Park chief

SHANA (Tehran) – Oil Minister Mohsen Paknejad appointed Mehdi Ahmadkhanbeigi as head of the Oil Industry Technology and Innovation Park.