South Pars Gas Complex improves overhaul process

SHANA (Tehran) – The CEO of the South Pars Gas Complex emphasized that this year’s overhaul process has been more organized than in previous periods and announced that refineries are being prepared for stable production ahead of the upcoming winter.

Iran’s Region 8 gas transmission surpasses 32 bcm

SHANA (Tehran) – The director of Iran’s Region 8 gas transmission operations reported that over 32 billion cubic meters (mcm) of natural gas were transferred from the region in the past year (1403 in the Persian calendar), citing public participation as a key factor in maintaining the transmission network’s stability.

MP:

Oil, gas: Path to sustainable development

SHANA (Tehran) – The deputy chairman of the Iranian Parliament’s Energy Committee stated that oil and gas are central to achieving sustainable development, emphasizing that Iran, as one of the world’s largest holders of oil and gas reserves, has unparalleled potential to generate wealth and advance sustainable development.

Lawmaker:

Investment in oil, gas upstream sector key to sustainable energy development

SHANA (Tehran) – The head of the Entrepreneurship and Removing Production and Employment Barriers faction in Parliament said that in a year designated for boosting production as the country’s central goal, focusing on the oil and gas upstream sector has become even more critical.

MP:

Building trust for investment key to sustainable development in oil, gas

SHANA (Tehran) – A member of the Iranian Parliament’s Energy Committee said that as this year has been designated the "Year of Investment for Production," one of the main challenges in achieving this goal is building public trust in investment processes.

Iran oil opportunities: Support projects in strategic regions

SHANA (Tehran) – The National Iranian Oil Company (NIOC) will unveil a comprehensive plan to invest in support projects aimed at developing oil industry infrastructure and bolstering related operations. These projects involve activities by the Caspian Oil Company, Iran Offshore Oil Co., Iranian Oil Terminals Company, and the Pars and Lavan special economic zones.

Redefining oil contracts: An endless battle amid sanctions

SHANA (Tehran) – Iran’s oil industry, grappling with sanctions and regional competition, is redefining its contracts to boost appeal and attract investors—a shift that could free the sector from constraints and open new avenues for international cooperation.

Iran’s oil opportunities: Onshore, offshore oil, gas fields development

SHANA (Tehran) - Iran’s oil industry is set to witness a major event on April 22, coinciding with progress in indirect talks between Iran and the US. 

Expanding Iran-China petchem cooperation under review

SHANA (Tehran) – The CEO of Iran’s National Petrochemical Company discussed opportunities to expand cooperation with Chinese firms during Iran Day at the CHINAPLAS 2025 exhibition.

Iranian representatives selected as vice chairs for World Petroleum Congress forums

SHANA (Tehran) – Iran’s nominated candidates have been elected as vice chairs for forums at the 25th World Petroleum Congress (WPC) in Saudi Arabia, an event that brings together global energy industry leaders.

Iran, Russia stress development of joint oil fields

SHANA (Tehran) – Iran’s Oil Engineering and Development Company and Russia’s ZNV Vostok reviewed existing challenges and emphasized strengthening technical cooperation and accelerating development projects in shared oil fields.

Convergence of oil and politics: From Muscat to Tehran

SHANA (Tehran) – As Iran’s foreign policy team negotiates to lift sanctions, the Ministry of Oil, tasked with energy diplomacy, has been actively preparing to attract both domestic and international investors.

Iran's oil production up by 12,000 bpd in March, OPEC reports

SHANA (Tehran) - According to OPEC's latest monthly report, Iran's crude oil production increased by 12,000 barrels per day (bpd) in March, reaching 3.335 million bpd. 

Iran plans for production boost in shared oil fields

SHANA (Tehran) – The CEO of the Petroleum Engineering and Development Company (PEDEC) highlighted accelerating the development of shared oil fields, increasing production, achieving technological self-sufficiency and sustainable development as key priorities for the company in the Iranian year 1404.

Oil Nationalization, a Beginning for Modern Iran

SHANA (Tehran) – As public protests against the Iran-Britain Oil Concession gathered steam and Mohammad Mosadeq led a parliamentary campaign relying on popular support, the Iranian petroleum industry was nationalized in March 1951, immediately after which Anglo-Iranian Oil Company (AIOC) was expropriated.

Gov’t spox:

Iran will not yield its share in the global oil market

SHANA (Tehran) – A government spokesperson emphasized that the Ministry of Oil is one of the most critical ministries at the forefront of sanctions.

Bank account-based fuel purchasing to begin in coming months: NIORDC

SHANA (Tehran) – The CEO of the National Iranian Oil Refining and Distribution Company (NIORDC) announced that a new fuel purchasing system linked to vehicle owners' bank accounts is expected to be implemented in the coming months.

NPC head highlights leveraging strategic successes to advance petchem industry

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized the importance of the Petrochemical Industry Excellence Award, stating that the successful presence of petrochemical companies in various fields has driven industry players toward excellence and progress.

Turkmenistan begins gas exports to Turkey via Iran

SHANA (Tehran) - Iran’s Oil Minister announced the start of natural gas flow from Turkmenistan to Turkey through Iran, stating that the agreement has been finalized and gas is now being transported.

Upstream energy investment transformation event to be held in Tehran

SHANA (Tehran) – The Strategic Transformation in Iran’s Upstream Oil and Gas Sector event, aimed at unlocking investment and financing in National Iranian Oil Company (NIOC) projects, will take place on April 15, in Tehran.

Bovard appointed to board of trustees at Institute for International Energy Studies

SHANA (Tehran) – Hamid Bovard, managing director of the National Iranian Oil Company, has been appointed as a member of the board of trustees at the Institute for International Energy Studies.

MP: Transferring gasoline quotas to bank accounts promotes transparency

SHANA (Tehran) – The head of the Parliament Energy Committee stated that transferring gasoline quotas to bank accounts would enhance transparency and expressed that this move would lead to public satisfaction and clarity in gasoline rationing.

867 mcm of gas delivered to national grid in one day

SHANA (Tehran) – The spokesperson for the National Iranian Gas Company (NIGC) announced that 867 million cubic meters (mcm) of natural gas were delivered to the national grid on Monday.

Five provinces account for 45% of Iran’s gas consumption

SHANA (Tehran) – The head of Iran’s National Gas Dispatching Center announced that on February 26, gas consumption in the residential and commercial sectors reached 703 million cubic meters (mcm), stating that the provinces of Tehran, East Azarbaijan, Razavi Khorasan, Isfahan, and Mazandaran had the highest gas consumption, accounting for 45% of the country’s total gas usage.

Sustainable gas production attributed to SP employees’ efforts

SHANA (Tehran) – The CEO of the South Pars Gas Complex highlighted recent production records, stating that work and production are central to the country’s economic development and progress.

Gas, diesel deliveries exceed targets this winter

SHANA (Tehran) – Gas and diesel deliveries during the winter of the current year surpassed the predetermined quotas, with average daily gas supply to the network exceeding 870 million cubic meters in the month of Bahman (Jan. 19-Feb. 18).

NPC:

Over $9b from petchem exports returned to national economy

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) announced that the total exports of the petrochemical industry over the past 11 months amounted to approximately $12 billion, of which $9.14 billion reinjected into the country’s economic cycle.