Shana

NIDC conducts over 18 km of horizontal directional drilling in 10 months

SHANA (Tehran) – The head of the Special Operations Department of the National Iranian Drilling Company (NIDC) announced the completion of 18,483 meters of horizontal directional drilling (HDD) in both onshore and offshore areas of the country over the past 10 months (March 20, 2024-January 19, 2025).

More than 11,500 equipment items indigenized for South Pars refineries

SHANA (Tehran) – The commercial manager of the South Pars Gas Complex announced that, in collaboration with 120 domestic and new technology-based firms (NTBFs), over 11,500 essential equipment items and goods have been localized for the South Pars refineries.

SPGC:

165 bcm of gas injected from SP into national grid over 10 months

SHANA (Tehran) - The CEO of the South Pars Gas Complex (SPGC) announced that 165 billion cubic meters (bcm) of gas were injected into the national grid during the first 10 months of this year (March 20, 2024-January 19, 2025), marking a 2% increase compared to the same period last year.

Tehran Oil Refinery increases gasoline production

SHANA (Tehran) – The CEO of Tehran Oil Refining Company announced that, while adhering to quality standards, the company has added more than 1 million liters per day to its motor gasoline production output.

IGTC announces 2 bcm rise in gas transfer

SHANA (Tehran) – The CEO of Iranian Gas Transmission Company (IGTC) announced a 2 billion cubic meter (bcm) increase in gas transmission from the beginning of this Iranian year (March 20, 2024) compared to the same period last year.

Urmia Petrochemical Company to launch PAC plant

SHANA (Tehran) – The CEO of the Persian Gulf Petrochemical Complementary Industries Development and Investment Group (PGPDIG) announced that the Urmia Petrochemical Company's polyaluminum chloride (PAC) production project, set to become the largest such facility in the country, is nearing operational status.

Parliament speaker:

Optimizing consumption could save over $100b

SHANA (Tehran) - Parliament Speaker Mohammad-Baqer Qalibaf emphasized that raising energy prices is not the only solution to address energy imbalances,stating that the public must be involved in reducing energy consumption, and their benefits should be considered, allowing them to share in the resources. 

Shahid Tondguyan Petrochemical Company to gain self-sufficiency in catalyst production

SHANA (Tehran) – Shahid Tondguyan Petrochemical Company is preparing to celebrate its self-sufficiency and independence from foreign catalyst purchases following the signing of a memorandum of understanding (MoU) to produce two catalysts, cobalt acetate and manganese acetate.

Deputy minister urges more coordination between IGEDC, NIGC

SHANA (Tehran) – The deputy oil minister for gas affairs emphasized that the Iran Gas Engineering and Development Company (IGEDC) is integral to the broader operations of the National Iranian Gas Company (NIGC).

Petrofarhang Holding supports domestic production, prevents millions of euros in currency outflow

SHANA (Tehran) – The CEO of Petrofarhang Holding company emphasized support for domestic producers to strengthen the country’s industrial and economic system, stating that 30 specialized process equipment units were ordered for the first time by subsidiaries of the holding, preventing tens of millions of euros from leaving the country.

Record-breaking fuel loading achieved at Mahshahr oil depot: NIOPDC

SHANA (Tehran) – The operations manager of the National Iranian Oil Products Distribution Company (NIOPDC) announced a record daily loading of over 37 million liters of petroleum products at the Mahshahr oil depot in the Abadan region.

Deputy oil minister stresses need to institutionalize AI in petrochemical industry

Hassan Abbaszadeh made the remarks on Saturday during a ceremony to sign a cooperation agreement for the development of an AI assistant for the petrochemical industry.

Petrochemical sector enjoys high potential in leveraging AI: VP

SHANA (Tehran) – The Vice President for Science, Technology, and Knowledge-Based Economy stated that the petrochemical industry, given its activities and favorable capacities, can achieve significant milestones in the use of artificial intelligence (AI).

Tripartite agreement signed to develop AI in petchem industry

SHANA (Tehran) – A cooperation agreement to develop an artificial intelligence assistant for the petrochemical industry was signed on Saturday among Hossein Afshin, vice president for science, technology, and knowledge-based economy; Hassan Abbaszadeh, CEO of the National Petrochemical Company; and Abbas Mousavi, President of Sharif University of Technology.

Oil production to increase by 10,000 bpd with development of three oilfields

SHANA (Tehran) – The development plan for three oilfields namely Soumar, Saman, and Delavaran in western Iran officially began on Saturday in the attendance of the CEO of the National Iranian Oil Company (NIOC).

Wastewater treatment project begins at Persian Gulf Bidboland Gas Refining Company

SHANA (Tehran) – The wastewater recovery package project at the Persian Gulf Bidboland Gas Refining Company, with a capacity of 1 million liters per day, has been commissioned.

Oil minister:

Crude production projected to reach 4.6 mbd by 2028

SHANA (Tehran) – The oil minister stated that, according to the Seventh Development Plan (2024-28), Iran’s crude oil production is expected to reach approximately 4.6 million barrels per day (mbd) by 2028, with the southern oil-rich regions bearing the primary responsibility for this increase.

Paknejad details two-day visit to Khuzestan Province:

Oil minister bent on addressing challenges faced by Khuzestan

SHANA (Tehran) –Oil Minister Mohsen Paknejad outlined the specifics of his two-day trip to Khuzestan Province, emphasizing his commitment to addressing the challenges faced by the local population.

Domestically-built drilling rig commissioned with oil minister in attendance

SHANA (Tehran) – The third drilling rig constructed by Academic Center for Education, Culture and Research, named Fat'h 73, was officially commissioned in a ceremony attended by the oil minister.

NIOC head calls work in Khuzestan’s heat a national endeavor

SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) emphasized the importance of serving the people of Khuzestan and the company’s commitment to job creation and fulfilling social responsibilities in the region, stating, “Working in the hot regions of Khuzestan is a great endeavor.”

NPC announces $30b petrochemical investment in Mahshahr Region

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) announced an $80 billion investment in the petrochemical industry, stating that $30 billion of it has been allocated to the Mahshahr region.

Deputy oil minister praises Kharg Oil Terminal staff as guardians of oil exports

SHANA (Tehran) – The deputy oil minister for international affairs and commerce praised the efforts of Kharg Oil Terminal employees, stating, “You are the guardians of the country’s oil exports in the heart of the Persian Gulf, playing a vital role in achieving national and economic goals.”

President:

Inherited energy imbalances will be resolved

SHANA (Tehran) – President Masoud Pezeshkian stated that his administration did not create the imbalances in gas and electricity but inherited them, vowing to address the issues through collective efforts.

Paknejad:

Domestic manufacturers account for 85% of oil industry’s largest desalination facility

SHANA (Tehran) – Oil Minister Mohsen Paknejad announced that domestic manufacturers contributed 85% of the equipment for the oil industry’s largest desalination facility.

Phase 2 of Ahvaz crude desalination plant inaugurated

SHANA (Tehran) – Phase 2 of the Ahvaz Central Desalination Unit was officially inaugurated on Wednesday under the directive of President Masoud Pezeshkian and in the presence of Oil Minister Mohsen Paknejad during the president’s visit to Khuzestan Province.

Jacket for Belal Gas Field development project loaded out

SHANA (Tehran) – The jacket for the Belal Gas Field development project, constructed with a $16 million investment, was loaded out Wednesday from the Sadra Yard in Bushehr.

President:

Iran, Azerbaijan to become strategic partners through continued cooperation

SHANA (Tehran) – President Masoud Pezeshkian emphasized that the continuation and strengthening of cooperation between Iran and Azerbaijan will transform the two nations into strategic partners.

Leader adores private sector as vital for Iran’s progress

SHANA (Tehran) – Leader of Iran’s Islamic Revolution Ayatollah Seyyed Ali Khamenei highlighted that the only way to advance the country is by leveraging the capabilities of the private sector.

Tehran, Baku to continue oil, gas cooperation

SHANA (Tehran) – Iran’s Oil Minister Mohsen Paknejad emphasized the continuation of energy cooperation between Iran and Azerbaijan during a meeting with the Azerbaijani Prime Minister’s deputy on Tuesday.

Paknejad to travels to beating heart of Iran’s oil industry

SHANA (Tehran) – The oil minister will accompany the president on a two-day trip to Khuzestan Province, where he will attend development and managerial meetings related to the oil and gas industry.