Shana

Over 735 mcm of gas delivered to power plants in three days

SHANA (Tehran) – From April 12 to 14, 2025, approximately 736 million cubic meters (mcm) of natural gas were delivered to power plants across the country. This figure reflects the continued stable fuel supply for power plants and the readiness of the gas network at the start of the new year.

NIGC official:

Not a single cubic meter of gas was lost in winter

SHANA (Tehran) – The director of coordination and production supervision at National Iranian Gas Company (NIGC), referring to last year’s severe cold weather and high gas consumption, said the gas industry maintained the stability of the gas network across the country through the dedication and hard work of its employees—ensuring not a single cubic meter of gas was lost.

Pezeshkian stresses smart management of imbalances

SHANA (Tehran) – The president emphasized the need for intelligent and precise management of imbalances, stating that accurate data on individual and household consumption will be collected to develop an actionable plan.

Iran sets unprecedented gas transmission record in winter

SHANA (Tehran) – The CEO of Iran Gas Transmission Company highlighted multiple gas transmission records set in winter 1403, stating that the latest record—a daily transmission of 880 million cubic meters of gas—was unprecedented in the history of Iran's gas industry.

Unveiling of beta financing package: A new step in upstream oil, gas development

SHANA (Tehran) – Iran’s Oil Industry Research and Technology Fund introduces the "Beta" financing package (Powered by Iran) at an event focused on investment and development in upstream oil and gas.

Fuel sales at Parvizkhan border to be organized

SHANA (Tehran) – The CEO of National Iranian Oil Products Distribution Company emphasized the need to properly organize fuel sales at the Parvizkhan border, stating that achieving this goal requires cooperation from the Kermanshah Provincial authorities and other local agencies.

Senior MP: Building trust key to attracting investment in oil, gas industry

SHANA (Tehran) – The head of the Iranian Parliament’s Energy Committee said removing obstacles and fostering a climate of trust will encourage effective participation by investors in the oil and gas sector.

Iran ready to host investors in oil projects

SHANA (Tehran) – The caretaker of engineering and development at the National Iranian Oil Company (NIOC) announced the company’s readiness to host domestic and international investors in oil industry development projects, stating that diversification in upstream contracts has created favorable and secure conditions for investment.

Iran to unveil 200 oil Industry investment opportunities

SHANA (Tehran) - The investment and business director of the National Iranian Oil Company (NIOC) described the oil industry as an international sector, stating, “Iran is a paradise of opportunities for investors.”

Energy conservation is essential, says Leader

SHANA (Tehran) - Leader of the Islamic Republic Ayatollah Ali Khamenei stated that pressing issues such as excessive gasoline consumption, insufficient progress in educational equity and the struggles of disadvantaged groups can be resolved through persistent follow-up efforts.

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.

Representatives from 30 countries to attend Iran’s Upstream Oil Investment Transformation Event

SHANA (Tehran) – Representatives from 30 countries across Europe, South America, Asia and Africa have expressed readiness to attend Iran’s Upstream Oil and Gas Investment Transformation event.

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.

Economic growth through investment in oil, gas upstream sector

SHANA (Tehran) – A member of the Iranian Parliament’s Energy Committee highlighted the "Transformation in Investment and Development" event in Iran’s oil and gas upstream sector as a significant step in the "Year of Investment for Production." He stated that introducing investment opportunities will attract capital to various sectors of the oil, gas and upstream industries.

5.5% rise in Nowruz travel with historic fuel consumption record

SHANA (Tehran) – The head of Iran’s Traffic Police announced that during the Nowruz 2024 operations, a historic fuel consumption record was broken, reaching 164 million liters on March 19, while travel increased by 5.5% compared to last year.

Do’s and don’ts of attracting investment in oil industry

SHANA (Tehran) – Former CEO of Petroleum Engineering and Development Company (PEDEC) believes to attract investors in the oil industry, we must diversify long-term contracts, increase their operational flexibility, and remove obstacles.

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. 

MP:

Investment in oil industry's upstream sector boosts production growth

SHANA (Tehran) - A member of the Iranian Parliament's Industries and Mines Committee said the "Transformation in Investment" event would effectively attract capital for production in the oil and gas upstream sector, adding that the event provides an opportunity to boost production growth.  

Paknejad:

Iraqi fields to supply feed for Iran’s NGL units

SHANA (Tehran) – Iran’s oil minister announced the signing of a memorandum of understanding to transfer feed for domestic natural gas liquids (NGL) units from fields near the Iran-Iraq border into the country.

Constructive reforms, investment opportunities pave way for oil industry growth

SHANA (Tehran) – The former head of international affairs at the National Iranian Oil Company (NIOC) stated that introducing investment opportunities alongside constructive reforms can enhance success in attracting capital, adding that this approach fosters sustainable growth in the oil industry.

Iran, Iraq ink MoUs to enhance joint cooperation

SHANA (Tehran) – Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul-Ghani Al-Sawad, received Iranian Oil Minister Mohsen Paknejad on Monday. During the meeting, prospects for joint cooperation between the two countries were discussed.

Oil: A low-risk, high-return sector for investors

SHANA (Tehran) – The CEO of the National Iranian South Oil Company (NISOC) described investment in the oil industry as a prime opportunity for economic stakeholders, saying, "Lower risk and higher returns have made oil sector investments a lucrative prospect."

NIOPDC enjoys 16,000 road tankers in service; fleet stretches 176 kilometers

SHANA (Tehran) – The National Iranian Oil Products Distribution Company (NIOPDC) operates approximately 16,000 road tankers and 2,635 rail tankers. The company's road fleet, if lined up, would stretch about 176 kilometers—equivalent to the distance between Tehran and Amol or Chalus.

Head of judiciary highlights forex savings through sustainable production

SHANA (Tehran) – During a visit to Hegmataneh Petrochemical in Hamedan on Monday, Judiciary Chief Gholamhossein Mohseni-Ejei emphasized the importance of reviving production units across the country, particularly this year, which has been designated as the "Year of Investment in Production."

Ninth well drilled in Kish Gas Field development project

SHANA (Tehran) – The operator of the Kish Gas Field development project announced the completion of drilling the ninth well, stating that the upstream section of the project has now achieved the capacity to produce 18 million cubic meters of gas per day.

Iran’s oil minister arrives in Baghdad

SHANA (Tehran) – Iran’s Oil Minister Mohsen Paknejad arrived in Baghdad on a two-day visit to discuss expanding energy cooperation between Iran and Iraq.

First VP honors female fuel delivery drivers

SHANA (Tehran) - Two female tanker drivers from Semnan and Fars provinces were recognized as top fuel distributors by National Iranian Oil Products Distribution Company in a ceremony attended by the first vice president.  

NIOC invites ambassadors to participate in Iran Oil Show

SHANA (Tehran) — The head of public relations for the National Iranian Oil Company invited foreign ambassadors to take part in the 29th Iran International Oil, Gas, Refining, and Petrochemical Exhibition, urging them to encourage businesses and industrialists from their countries to attend.

Oil industry seeks reinvention through investment, technology 

SHANA (Tehran) - The deputy investment manager of the National Iranian Oil Company outlined strategic measures to strengthen Iran’s global position in the oil and gas sector, stating: "We aim to reinvent upstream operations through advanced technology, sustainable approaches and foreign direct investment.”

Iran Oil Show: A golden opportunity for int’l cooperation

SHANA (Tehran) – The deputy minister of international affairs and commerce for Iran’s oil minister emphasized the importance of energy diplomacy, stating that the upcoming Tehran International Oil, Gas, Refining, and Petrochemical Exhibition (Iran Oil Show) offers unparalleled opportunities to expand global cooperation in the industry.