Shana

Oil Ministry’s wartime response averted fuel shortages, lawmaker says

SHANA (Tehran) – A member of parliament said the Oil Ministry’s performance during the recent conflict helped prevent fuel and energy shortages across the country despite attacks on critical infrastructure.

CNG expansion key to cutting gasoline use

SHANA (Tehran) – Developing compressed natural gas (CNG) infrastructure is one of the most effective ways to reduce gasoline consumption, a member of Parliament’s Energy Committee said, stressing that past experience has demonstrated CNG’s significant role in managing fuel demand.

Marun cuts flaring below 6%

SHANA (Tehran) - More than 94% of flare gas has been captured at Marun Oil and Gas Company following a series of operational improvements and infrastructure projects, the company’s CEO said.

Petchem plants to be rebuilt with advanced technologies

SHANA (Tehran) – The head of the National Petrochemical Company (NPC) said the company will support petrochemical holdings and firms affected by the recent conflict and emphasized that damaged facilities should be rebuilt and brought back into operation using advanced technologies.

Fuel savings to support public welfare

SHANA (Tehran) – Oil minister said the government is reviewing a package of fuel demand-management measures aimed at reducing gasoline consumption and imports, with any savings potentially redirected toward improving people’s livelihoods.

Oil services remain uninterrupted despite enemy attacks

SHANA (Tehran) – The head of Parliament’s Article 90 Committee praised the Oil Ministry for maintaining uninterrupted services despite enemy attacks on the country’s energy infrastructure, commending everyone from frontline operational personnel to senior ministry officials for preventing disruptions to the national fuel supply.

POGC completes overhaul of two offshore gas platforms

SHANA (Tehran) –The major maintenance overhaul of two gas production platforms in Area 1 of the South Pars Gas Field has been successfully completed, involving more than 1,500 operational work orders and over 5,000 man-hours of work, according to a senior operations official.

Iran oil exploration eyes AI-driven leap

SHANA (Tehran) – Iran’s oil exploration sector is pursuing a major digital transformation centered on artificial intelligence, data integration and advanced analytics to accelerate discoveries and improve resource identification, according to Mohyeddin Jafari, exploration director at the National Iranian Oil Company.

Parliament reviews oil sector developments

SHANA (Tehran) – Members of Parliament’s Article 90 Committee met with Oil Minister Mohsen Paknejad on Tuesday to review the latest developments in Iran’s oil and gas industry.

Energy imbalance requires a national response

SHANA (Tehran) – Iran’s energy imbalance is no longer just a challenge for the oil sector but a national, cross-sector issue that requires coordinated action by the government, parliament, private sector, universities and oversight bodies, according to Farhad Shahraki, deputy chairman of Parliament’s Energy Committee.

Fuel supply holds firm during wartime conditions

SHANA (Tehran) – A member of Parliament’s Budget and Planning Committee said the country’s fuel supply remained stable during wartime conditions, crediting the efforts of oil industry workers for preventing disruptions in the delivery of fuel and energy to the public.

Aging fleet fuels billions of liters in waste

SHANA (Tehran) – Iran’s aging transportation fleet is a major contributor to fuel overconsumption, with officials estimating that nearly 22 million of the country’s 41 million vehicles are classified as worn out or obsolete.

Parliament plans development revisions to speed oil facility reconstruction

SHANA (Tehran) – A member of Parliament’s Budget and Planning Committee said lawmakers are considering amendments to the Seventh Development Plan and the 1405 budget law to accelerate the reconstruction of damaged oil industry facilities and return them to production as soon as possible.

Gas saver plan could reshape energy consumption

SHANA (Tehran) – A member of Parliament’s Energy Committee said the full implementation of the gas saver plan could play a key role in reducing energy consumption and creating a market-based energy efficiency system.

Winter fuel plans, war damage recovery reviewed

SHANA (Tehran) – A member of Parliament’s Planning, Budget and Calculations Committee said lawmakers and senior Oil Ministry officials recently reviewed winter fuel supply preparations and measures to mitigate the impact of war-related damage on Iran’s oil industry.

Energy efficiency seen as key to solving crisis

SHANA (Tehran) – The head of Iran’s Energy Optimization Organization said the country’s energy imbalance crisis is driven primarily by excessive consumption rather than insufficient production, adding that a series of scenarios has been developed to address the challenge.

Bank cards could replace fuel cards

Oil Ministry ready to link fuel cards to bank cards, Paknejad says

SHANA (Tehran) — Oil Ministry is ready to implement a system linking fuel cards to bank cards, but the plan requires cooperation from the Ministry of Economic Affairs and Finance, Oil Minister Mohsen Paknejad said Sunday.

Oil industry mobilizes for rapid repairs: NIOC

All available resources deployed to restore damaged oil facilities

SHANA (Tehran) – The head of the National Iranian Oil Company said efforts to rebuild oil industry facilities damaged during the recent conflict are underway at full capacity and progressing as quickly as possible through a phased reconstruction plan.

OPEC+ reaffirms cooperation, eyes 2027 targets

SHANA (Tehran) – The 41st OPEC and non-OPEC Ministerial Meeting reaffirmed the alliance's commitment to oil market stability, extending current crude production targets through the end of 2026, maintaining oversight by the Joint Ministerial Monitoring Committee and endorsing plans to strengthen long-term cooperation among participating countries under the Declaration of Cooperation and the Charter of Cooperation.

Gas sector focuses on infrastructure renewal, demand management

SHANA (Tehran) – The National Iranian Gas Company (NIGC) has identified infrastructure rehabilitation and consumption management as its two top priorities for the year, with CEO Saeid Tavakoli describing 1405 as an “exceptional” year for the country’s gas industry.

OPEC+ advances gradual output increase

SHANA (Tehran) – Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman adjust production and reaffirm commitment to market stability.

Parliament backs oil infrastructure rebuild

SHANA (Tehran) —Parliament's Planning and Budget Committee pledged full support for rebuilding damaged oil industry facilities, stressing that restoring the sector is directly linked to protecting people’s livelihoods.

Fuel supply holds firm despite enemy disruption attempts

SHANA (Tehran) — Oil minister said enemy efforts to disrupt the country’s fuel distribution network during the Third Imposed War failed, particularly in northern provinces, due to rapid response measures and contingency planning.

Major energy crisis response hailed

SHANA (Tehran) - Iran successfully carried out one of the largest energy crisis management operations in its contemporary history, the head of Parliament’s Energy Committee said during a virtual meeting with senior energy officials on Sunday.

Parliament reviews oil sector developments

SHANA (Tehran) – Members of Parliament’s Budget and Planning Commission met Sunday with deputy oil ministers and senior energy executives to review the latest developments in Iran’s oil and gas industry.

Power plant fuel supplies improve, Parliament told

SHANA (Tehran) – Iran’s parliamentary oversight committee says the country’s power plants have sufficient fuel reserves, with supplies in a significantly better position than they were two years ago.

Gas network supplies up to 70% of Iran’s energy needs

SHANA (Tehran) – National gas network now supplies an estimated 60% to 70% of Iran’s energy demand, while gas service coverage has reached about 96% of the population, according to a senior official at the National Iranian Gas Company (NIGC).

Clean energy cuts fuel use by 1.5b liters

SHANA (Tehran) – Iran has saved more than 1.51 billion liters of fuel this year (since March 21) through the expansion of renewable energy projects and increased output from hydropower plants, a senior Energy Ministry official said.

Russia offers support for Iran energy rebuild

SHANA (Tehran) – Russia has expressed readiness to help compensate for damages and rebuild Iran’s energy infrastructure following losses incurred during the third imposed war, a senior Iranian energy official said.