Shana

Iran ranks as OPEC's second-largest oil refiner

SHANA (Tehran) – With a refining capacity of 2.237 million barrels per day, Iran holds a 16% share of OPEC’s total refining capacity, making it the second-largest refiner among the organization’s member countries. Iran also accounts for 2.1% of global refining capacity.

NIDC boosts local tech in oil drilling push

SHANA (Tehran) – The CEO of the National Iranian Drilling Company (NIDC) said one of the company’s strategic priorities in recent years has been the localization of key equipment and increasing the share of domestically manufactured components in drilling projects. A notable example is the construction of the third domestically built drilling rig, which resulted in savings of $7 million.

OPEC+ reaffirms crude production adjustment, market stability

SHANA (Tehran) - The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 5 July 2025, to review global market conditions and outlook.

Effective Oil Ministry measures safeguard gasoline supply

SHANA (Tehran) - A member of the Iranian Parliament’s Energy Committee praised the timely and effective measures taken by the Oil Ministry and the National Iranian Oil Refining and Distribution Company (NIORDC) to meet the public’s gasoline needs.  

60th ASB of OPEC launched

SHANA (Tehran) - The Organization of the Petroleum Exporting Countries (OPEC) launched the 2025 edition of its Annual Statistical Bulletin (ASB) on Wednesday, July 2 2025, at the OPEC Secretariat in Vienna, Austria. 

Resilience during the 12-day war:

From daily distribution of 200m liters of gasoline to sustained production

SHANA (Tehran) – For 12 days, as Iran faced attacks from the Zionist regime and an imposed war, the oil industry operated seamlessly—unshaken and unwavering. It stood firm, ensuring no home was left without power and no fuel shortages disrupted the nation.

Fuel supply network stability achieved through efforts of 160,000-person chain

SHANA (Tehran) – The CEO of National Iranian Oil Refining and Distribution Company (NIORDC) highlighted the smart strategies and round-the-clock efforts of 160,000 operational personnel in the fuel supply and distribution chain to maintain the stability of the country’s fuel network during the imposed war with the Zionist regime.

Oil Ministry shows remarkable resilience amid 50% surge in gasoline demand

SHANA (Tehran) – The spokesperson for Fuel Stations Union of Iran reported a more than 50% increase in average gasoline consumption during the 12-day war with Israel, calling fuel distribution resilience a "significant challenge."

Iran’s economic sector effectively handled wartime pressures

SHANA (Tehran) – Iran’s first vice president said that on the first day of the 12-day war, gasoline consumption exceeded production by 80 million liters, but the situation was managed effectively due to collective efforts on the economic front, with the oil industry performing notably well during the crisis.

Salman field water injection system back in service

SHANA (Tehran) – The CEO of Iran’s Offshore Oil Company announced the return of the Salman field’s water injection system to service, stating that with the startup of the gas injection compressor turbine by the end of the first half of this year, oil production from the shared Salman field will increase, and flared gas will also be reduced.

NIOC: Oil industry did not halt amid threats

SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) described Operation "True Promise 3" as a symbol of the Islamic Republic of Iran's defensive strength and the nation’s decisive response to enemy aggression.

Paknejad attends funeral for martyrs of national sovereignty

SHANA (Tehran) – Oil Minister Mohsen Paknejad joined a large crowd of passionate, revolutionary citizens in Tehran on Saturday to pay tribute to the heroic martyrs and soldiers of the homeland.

South Pars gas field maintains sustainable production during 12-day war

SHANA (Tehran) – The CEO of Pars Oil and Gas Company (POGC) announced the return of the damaged South Pars Phase 14 refinery unit to production, praising the efforts and dedication of employees.

PEDEC: Development of joint oilfields continues strongly

SHANA (Tehran) – The CEO of Petroleum Engineering and Development Company (PEDEC) emphasized the strategic importance of border regions, such as West Karun, stating that the development of shared oilfields is progressing strongly with coordinated planning and a targeted approach.

NIORDC expresses thankfulness for fuel supply workers

SHANA (Tehran) – The CEO of the National Iranian Oil Refining and Distribution Company (NIORDC) praised the tireless efforts of employees in maintaining stable fuel supplies following the Zionist regime’s attack on Iranian soil.

Tribute to the nation, armed forces, and scientists

Paknejad highlights oil industry staff’s role in crisis

SHANA (Tehran) – The oil minister paid tribute to the Iranian people, the armed forces, and martyred scientists, highlighting the oil industry’s preparedness and swift response to the Zionist regime’s aggression.

NIOC CEO appreciates Persian Gulf operational staff

SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) spoke with employees working at operational sites in the Persian Gulf, thanking them for their dedication during critical times for the country while reviewing the latest production updates.

Governor general:

100-year-old gasoline consumption record broken in Tehran Province

SHANA (Tehran) – Tehran Governor General Mohammad-Sadeq Motehmadian announced that 28 million liters of gasoline were consumed in a single day, stating that despite the unprecedented surge in demand, fuel supply was maintained without issues.

President Pezeshkian:

All credit for historic victory belongs to great nation of Iran

SHANA (Tehran) – President Masoud Pezeshkian said the latest victory against the US-Zionist act of aggression is the result of steadfastness, unity, and resilience of the Iranian people.

Tehran governor general appreciates Oil Ministry for fuel supply

SHANA (Tehran) – Tehran Governor General Mohammad-Sadeq Motamedian said Tuesday that despite multiple attacks on fuel storage facilities by enemy forces, fuel delivery continued uninterrupted with the help of neighboring provinces and armed forces.

High-level passive defense committee meetings held in oil industry

SHANA (Tehran) – The High-Level Passive Defense Committee of the National Iranian Oil Company (NIOC) holds regular meetings to assess the latest developments and plan operational measures for future actions.

President meets with ministers to streamline public services

SHANA (Tehran) – President Masoud Pezeshkian met separately with the ministers of industry, mining and trade; oil; and agriculture on Monday to discuss ensuring the continuity and efficiency of public service delivery.

Pezeshkian: Uninterrupted public service a gov’t duty

Iran condemns US attack on nuclear facilities

SHANA (Tehran) – President Masoud Pezeshkian condemned the US attack on Iran’s nuclear facilities and stressed the need for broad public participation and delegating responsibilities to various sectors of society. He stated that the government must reassure citizens and ensure uninterrupted service delivery.

Tehran Oil Refinery operating normally; smoke unrelated to facility

SHANA (Tehran) - The Tehran Oil Refinery is operating safely and at full capacity. The smoke seen around the facility early this morning resulted from the burning of residual fuel in one of the storage tanks at the Rey Oil Depot and is unrelated to the refinery.

President assigns mission to ministries

SHANA (Tehran) – Iranian President Masoud Pezeshkian, in a message published on the X social network, wrote: "All ministries and government bodies have been assigned the mission to spare no effort to serve Iran with all their might and resources, in line with your patience and support."

Leader:

Iranian nation will never surrender to any imposition

SHANA (Tehran) – The Zionist enemy must be punished, the Leader announced on Wednesday, noting that the punishment that the Iranian nation and the armed forces are planning is a very hard punishement and it has weakened the regime.

President stresses need for national unity, public participation in current conditions

SHANA (Tehran) – President Masoud Pezeshkian emphasized the importance of preserving national unity and public participation in the current situation, stating, "If the people stand with us, no problem will endanger the country."

Minister says no concerns about fuel supply

SHANA (Tehran) – Oil Minister Mohsen Paknejad assured citizens that fuel supply in the country is being well managed and urged people not to worry about shortages.

FM: Attacking oil installations is an attempt to extension of war

SHANA (Tehran) – Iranian Foreign Minister Abbas Araghchi said targeting Iranian oil installation in Persian Gulf is part of attempts to extend the war.

Oil rises as Iran-Zionists conflict keeps floor under prices

SHANA (Tehran) - Oil prices rose on Tuesday, with analysts saying that uncertainty would keep prices elevated, even as there were no concrete signs of any production losses stemming from the Iran-Israel conflict.