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Smart tech development: NIOC's key strategy
SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) stated that significant strides have been made in enhancing productivity, reducing costs, and improving oil reservoir management by focusing on the development of advanced technologies, artificial intelligence (AI), and digitalization.
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NIOPDC: Daily gasoline consumption in Tehran hits 20m liters
SHANA (Tehran) – The director of the National Iranian Oil Products Distribution Company (NIOPDC) in Tehran Province announced that the daily consumption of gasoline in the province has reached 20 million liters.
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NIGC: Measures taken to ensure gas network stability amid cold weather
SHANA (Tehran) – The head of the National Iranian Gas Company (NIGC) announced that necessary measures have been taken to maintain the stability of the country’s gas network during the cold days ahead.
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Focused on innovation, technology in oil industry
Third Petrotech Conference kicks off in Tehran
SHANA (Tehran) – The "Third Petrotech Conference" commenced on Sunday, marking the start of a significant gathering in the oil industry.
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Oil collection unit launched at Cheshmeh Khosh field
SHANA (Tehran) – The project manager for the Cheshmeh Khosh, Dalpari, and Paydar Sharq oil fields announced the launch of a crude oil collection unit at the evaporation pond facilities of the Cheshmeh Khosh oil field.
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OPEC Secretary-General Haitham Al Ghais: Oil industry faces $17.4 trillion investment demand
SHANA (Tehran) – OPEC Secretary-General Haitham Al Ghais visited Tehran on Wednesday, February 5, marking a significant step in strengthening cooperation between the Organization of the Petroleum Exporting Countries (OPEC) and Iran, a key member state.
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South Pars injects over 180 bcm of gas to national grid
SHANA (Tehran) – The deputy of Site 2 at the South Pars Gas Complex announced that from the beginning of this year (March 20, 2024) until the end of Bahman (February 18, 2025), over 182 billion cubic meters (bcm) of gas have been sent from the South Pars Gas Complex to the national grid for domestic consumption.
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Iran boosts daily diesel delivery to power plants by 16m liters
SHANA (Tehran) – The National Iranian Oil Products Refining and Distribution Company (NIORDC) has increased daily delivery of diesel for power plants by 16 million liters this winter, the company's CEO said.
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NPC: 14 flares in East Karoun will be extinguished by late-March
SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC), referring to the plan by Persian Gulf Bidboland Gas Refining Company to collect flare gases in East Karoun, stated that 14 flares will be extinguished under this plan by the end of the current Iranian year (March 20).
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NIORDC announces five mega technology projects in refining industry
SHANA (Tehran) – The research and technology director of the National Iranian Oil Refining and Distribution Company (NIORDC) announced the launch of five mega technology projects in the refining industry.
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President: Iran-Russia energy cooperation positive
SHANA (Tehran) – President Masoud Pezeshkian praised the positive trajectory of bilateral cooperation between Iran and Russia in energy, industry, transportation, and trade, stating that the signing of a comprehensive strategic partnership agreement between the two nations is a significant milestone in their relations.
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Deputy minister:
Expansion of oil, gas cooperation among Caspian Sea states important
SHANA (Tehran) – The deputy for international affairs and commerce at Iran’s Ministry of Oil emphasized the need for Caspian Sea littoral states to enhance their cooperation in oil and gas.
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Daily gas production to increase by 250 mcm in five years
SHANA (Tehran) – The CEO of Pars Oil and Gas Company emphasized the necessity of implementing the South Pars pressure enhancement project, stating that under the Seventh Development Plan (2024-28), the country will need an additional daily gas production capacity of 250 million cubic meters over five years as the majority of this responsibility will fall on Pars Oil and Gas Company.
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Gas deposit certificate trading to begin on energy exchange
SHANA (Tehran) – The deputy minister of oil for gas affairs announced that, for the first time in the country, natural gas deposit certificates have been approved for trading on the Iran Energy Exchange, with transactions set to begin soon.
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South Pars refineries on high alert for maximum gas production
SHANA (Tehran) – The director of coordination and production oversight at the National Iranian Gas Company (NIGC) announced that new records have been set for gas delivery from South Pars to the national grid.
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Mohajerani:
Updating power plants, promoting energy efficiency are among gov’t priorities
SHANA (Tehran) – The government spokesperson stated that updating power plants and promoting optimal energy consumption are part of the government’s plans.
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Daily gas extraction from South Pars field rises by 10 mcm
SHANA (Tehran) – The CEO of Pars Oil and Gas Company (POGC) announced that daily gas extraction from the South Pars joint field has increased by 10 million cubic meters compared to last year.
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Iran, Russia emphasize expanding oil collaboration through joint projects
SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) and the deputy energy minister of Russia stressed the importance of expanding bilateral cooperation through joint oil projects.
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Daily gas consumption exceeds 600 mcm in 28 days
SHANA (Tehran) – The head of the National Iranian Gas Company's Operations Center predicted an increase in gas consumption across the country next week, stating that household and commercial gas usage over the first 28 days of the Iranian month of Bahman (Jan. 20-Feb. 16) has exceeded 600 million cubic meters (mcm).
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Over 7b liters of fuel delivered to power plants in six months
SHANA (Tehran) – The total delivery of power plant fuel during the first six months of the 14th administration (since late-July 2024) exceeded 7.4 billion liters, marking a 41% increase compared to the same period last year.
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Veep stresses energy cooperation with Turkmenistan
SHANA (Tehran) – Iran’s first vice president emphasized the importance of expanding relations with Turkmenistan in energy, transportation, transit, and tourism, citing cultural and civilizational commonalities between the two nations.
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NIGC takes major step toward smart energy consumption
SHANA (Tehran) – The deputy oil minister for gas affairs emphasized that better management of energy resources requires collaboration between the government, Parliament, and the private sector to develop effective solutions for addressing energy imbalances.
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VP appreciates Oil Ministry’s support for tech-based initiatives
SHANA (Tehran) – The Vice President for Science, Technology, and Knowledge-Based Economy expressed gratitude for the Ministry of Oil’s cooperation in implementing the law on boosting technology-based production and for the ministry’s representative’s participation in the fifth meeting of the Strategic Council for Technologies and Technology-Based Products.
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Economy minister says OPEC Fund to provide financing for Iranian contractors
SHANA (Tehran) – Iran’s minister of economy announced negotiations with the head of the OPEC Fund, along with an agreement to secure financing for Iranian contractors in international projects through the fund.
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Gas delivery to power plants during cold days of current year
SHANA (Tehran) – An early onset of winter and unusually cold weather led to record-breaking natural gas consumption in residential and commercial sectors this year.
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South Pars Pressure Boost Project:
A strategic step in developing shared fields
SHANA (Tehran) – The first vice president of Iran emphasized the South Pars Pressure Boost Project as a top priority for the 14th administration, highlighting its significance in increasing production and job creation.
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Public relations play great role in managing energy imbalance
SHANA (Tehran) – The director-general of public relations at the Ministry of Oil highlighted the role of public relations in managing energy imbalance and emphasized the importance of fostering a culture of optimal energy consumption.
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Third PetroTech Conference:
Technology in oil industry for boosting national wealth
SHANA (Tehran) – The deputy minister of oil for engineering, research, and technology stated that the Third PetroTech Conference is an opportunity for synergy between the oil industry, new technology-based firms (NTBFs), and researchers.
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West Karoun Power Plant supplies 2b kWh to national grid
SHANA (Tehran) – Since the summer of 2020, the National Iranian Oil Company (NIOC) has injected more than 2 billion kilowatt-hours of electricity generated by the West Karoun Power Plant into the national grid to help meet the country's electricity demand.
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18.9b liters of liquid fuel delivered to power plants, according to Energy Ministry
SHANA (Tehran) – The CEO of the National Iranian Oil Refining and Distribution Company (NIORDC) announced a 40% increase in the delivery of liquid fuel to power plants this year, stating that based on official figures from the Thermal Power System of the Ministry of Energy, a total of 18.9 billion liters of liquid fuel were delivered to power plants in the current Iranian year 1403.