Shana

NIOC joins Iran Energy Exchange board

SHANA (Tehran) – The annual shareholders' meeting of the Iran Energy Exchange was held Sunday, with the National Iranian Oil Company (NIOC) elected as a full member of the exchange for the first time.

Oil minister calls for strong turnout at martyred Leader’s funeral

SHANA (Tehran) – Oil Minister Mohsen Paknejad called on employees across Iran’s oil industry to take part in the funeral ceremonies for the martyred Leader of the Islamic Revolution, Ayatollah Seyyed Ali Khamenei, saying the sector will play a key role in supporting the nationwide events.

Fuel station card use climbs to 42%

NIOPDC urges drivers to use personal fuel cards

SHANA (Tehran) – The CEO of the National Iranian Oil Products Distribution Company (NIOPDC) said the share of fuel purchases made using station-issued fuel cards has risen to 42% over the past 10 days, urging motorists to use their personal smart fuel cards instead.

NIORDC: 17,000 fuel tankers ready for funeral logistics

SHANA (Tehran) – The CEO of the National Iranian Oil Refining and Distribution Company (NIORDC) said the company has implemented special measures to ensure an uninterrupted fuel supply ahead of the mass funeral procession for the martyred leader, with extensive preparations made to serve the millions expected to attend.

Minister Paknejad praises oil industry managers' expertise

SHANA (Tehran) – Oil Minister Mohsen Paknejad said the oil industry's managers possess deep expertise in their respective fields, describing their professional knowledge as a valuable asset for Iran's energy sector.

Multilateral diplomacy through BRICS

SHANA (Tehran) – Oil Minister Mohsen Paknejad's visit to India was about far more than attending the 11th BRICS Energy Ministers' Meeting. His agenda—ranging from bilateral talks with Indian officials and participation in the inauguration of the BRICS Centre of Excellence for Digital Technologies to presenting Iran's proposals on energy security and discussing investment in Iran's oil industry—underscored Tehran and New Delhi's efforts to chart a new roadmap for cooperation built on shared interests and centuries of historical ties.

New pipeline strengthens Iran’s crude oil network

SHANA (Tehran) – The newly commissioned Sabzab–Tang-e Fanni–Shazand sour crude oil pipeline marks a significant step in strengthening Iran's crude oil transportation infrastructure, providing a more reliable supply of feedstock to the Shazand refinery while showcasing the country's domestic engineering capabilities.

Paknejad: Iran, India discussed investment in oil projects during BRICS visit

SHANA (Tehran) — Iranian Oil Minister Mohsen Paknejad said meetings with Indian officials focused on expanding investment and participation in Iran's oil industry projects, while also addressing the impact of recent conflict on global energy markets and the role of BRICS in safeguarding energy security.

BRICS Digital Center opens as Iran backs deeper energy cooperation

SHANA (Tehran) — Iran’s Oil Minister Mohsen Paknejad on Thursday welcomed the launch of the BRICS Digital Center of Excellence (DCoE) for Smart Grid and Energy Storage, describing it as a practical platform to strengthen technical cooperation, innovation and knowledge-sharing among member states.

Iran, India discuss broadening energy ties

SHANA (Tehran) — Iran’s Oil Minister Mohsen Paknejad and India’s Minister of Petroleum and Natural Gas, Hardeep Singh Puri, discussed ways to expand bilateral cooperation in the oil and gas sector during a meeting on the sidelines of the 11th BRICS Energy Ministers’ Meeting on Thursday.

Paknejad attends launch of BRICS Digital Energy Center in India

SHANA (Tehran) — Oil Minister Mohsen Paknejad attended the official inauguration ceremony of the BRICS Digital Center of Excellence (DCoE) for Smart Grid and Energy Storage on Thursday, as part of his visit to India for the 11th Meeting of BRICS Energy Ministers.

Paknejad calls for BRICS energy security partnership, greater oil, gas investment

SHANA (Tehran) — Iranian Oil Minister called for deeper energy cooperation among BRICS nations and proposed the creation of a “BRICS Energy Security Partnership” to strengthen market stability, protect energy infrastructure and ensure uninterrupted energy flows among member states.

Iran, South Africa seek stronger energy partnership at BRICS

SHANA (Tehran) — Iran and South Africa discussed expanding bilateral cooperation in the energy sector during a meeting on the sidelines of the 11th BRICS Energy Ministers’ Meeting in India. Iranian Oil Minister met Thursday with South African Minister of Electricity and Energy on the second day of his visit to India. The two officials exchanged views on strengthening energy ties and advancing cooperation between Tehran and Pretoria.

Tehran, New Delhi discuss expanding energy cooperation

SHANA (Tehran) — Iranian Oil Minister Mohsen Paknejad met with Indian Minister of Power, Housing and Urban Affairs Manohar Lal Khattar in New Delhi on Wednesday, as both countries explored opportunities to strengthen cooperation in the energy sector on the sidelines of a BRICS ministerial gathering to start Thursday.

Paknejad signals readiness to expand Iran-India energy ties ahead of BRICS meeting

SHANA (Tehran) — Iranian Oil Minister Mohsen Paknejad said Iran is prepared to expand economic relations with India as he arrived in the country to attend the 11th BRICS Energy Ministers’ Meeting, emphasizing the long-standing historical ties between the two nations.

Iran, Pakistan push for stronger ties

SHANA (Tehran) — Iranian President Masoud Pezeshkian and Pakistani Prime Minister Shehbaz Sharif on Tuesday emphasized the need to strengthen bilateral relations, expand economic cooperation and promote unity among Muslim countries during talks on regional and international developments.

Minister Paknejad heads to India for BRICS energy meeting

SHANA (Tehran) —Oil Minister Mohsen Paknejad departed for India on Wednesday to attend the 11th BRICS Energy Ministers’ Meeting, where member states will discuss cooperation, sustainable energy development and shared priorities in the energy sector.

Reshadat oil field set for 35,000-bpd production boost

SHANA (Tehran) — The chief executive of the Iranian Offshore Oil Company (IOOC) said the successful installation of the main platform for the Reshadat oil field development project will increase the field’s production capacity by 35,000 barrels per day while enabling the injection of 80,000 barrels of water per day to maintain reservoir pressure and support long-term recovery.

Tehran, Dushanbe explore oil trade expansion

SHANA (Tehran) – Iran and Tajikistan discussed ways to expand bilateral cooperation in oil and petroleum products trade, as the two countries seek to strengthen energy and economic ties.

Two new South Pars wells ready for production

SHANA (Tehran) – Two new infill wells at the offshore platforms of Phases 15 and 3 of South Pars gas field have been completed and are ready to enter production, according to the South Pars Infill Drilling Project manager.

Giant Persian Gulf oil platform installed

SHANA (Tehran) — Iran installed the P4 processing platform at the Reshadat oil field in the Persian Gulf, marking a major milestone in the development of one of the country’s most important offshore energy assets.

New phase begins at Iran’s largest shared oil field

SHANA (Tehran) – The chief executive of the National Iranian Oil Engineering and Construction Company announced the start of Phase 2 development at the Azadegan joint oil field, saying the project is one of the country’s most important oil-sector initiatives and is expected to increase production capacity by about 40,000 barrels per day in its first stage.

Progress reported on oil sales, asset release talks

SHANA (Tehran) – Iran’s chief negotiator spokesperson said significant progress was made during talks in Switzerland regarding the implementation of commitments by the opposing side, particularly on oil sales licenses and the release of Iran’s frozen assets.

Ready for western investment, not waiting on it

SHANA (Tehran) – Iran is prepared to welcome investment from Western companies while continuing cooperation with Eastern partners, but it will not delay development plans while waiting for foreign capital, the Oil Ministry's spokesperson said Sunday.

Iran’s oil industry in the post-agreement era

SHANA (Tehran) – With the signing of the agreement between Iran and the United States, and under the guidance and strategic vision outlined by the Leader of the Islamic Revolution, Iran is entering a new era of work, development and progress while remaining vigilant against the designs of its adversaries. The reality is that Iran’s oil industry learned and practiced self-reliance through the teachings of the late founder of the Islamic Republic, relying on domestic expertise, innovation and the capabilities of Iranian professionals. Today, the Leader of the Revolution has once again emphasized that same belief and approach.

ICOFC unveils fast-track gas production plan

SHANA (Tehran) – Iran Central Oil Fields Company (ICOFC) unveiled a fast-track roadmap to boost natural gas production, aiming to offset part of the decline in processing capacity and output from the South Pars gas field.

Oil Ministry targets major cut in gas flaring

SHANA (Tehran) – Iran aims to significantly reduce gas flaring and increase the recovery of associated petroleum gas, with officials targeting the collection of up to 35 million cubic meters per day by the end of the current administration, according to the National Iranian Oil Company (NIOC).

Emergency oil pipeline expansion completed amid wartime conditions

SHANA (Tehran) — Iran successfully completed a crash program to maximize crude oil pumping through the strategic Goreh-Jask pipeline, the head of the country’s oil engineering and development company said, citing wartime pressures and sanctions.

Iran proposes energy plan at SCO meeting

SHANA (Tehran) – Deputy energy minister offered five practical proposals to expand energy cooperation among Shanghai Cooperation Organization members, urging stronger regional ties during a ministerial meeting Friday in Bishkek, Kyrgyzstan.

Paknejad highlights president’s support of energy sector

SHANA (Tehran) – Oil minister praised President Masoud Pezeshkian for his support of the country’s energy sector, saying the president played a historic role in encouraging public participation in reducing energy consumption.