Shana

NPC: 15 petchem projects worth $6b to come online in 1404

SHANA (Tehran) –The CEO of the National Petrochemical Company announced the launch of 15 petrochemical projects worth $6 billion in 1404 (2025-26), adding three new products to Iran’s petrochemical portfolio.

Paving way needed for private sector in oil industry

SHANA (Tehran) – The head of Iran’s Supreme Audit Court said government and quasi-government entities must create space for private sector activity in the oil industry.

Gov’t spox praises oil industry staff’s efforts

SHANA (Tehran) – The government spokesperson acknowledged the efforts of the Ministry of Petroleum last year to ensure optimal winter fuel supply, stating: "As a fellow citizen, I appreciate the hardworking individuals in the oil industry."

ICOFC reports 10 mcm increase in gas production

SHANA (Tehran) – The CEO of Iranian Central Oil Fields Company (ICOFC) highlighted the company’s major role in supplying the country’s onshore gas while simultaneously managing production and development operations.

Iran plans to extract 722 mcm of gas from South Pars

SHANA (Tehran) – The CEO of Pars Oil and Gas Company (POGC) announced that the strategic management plan for the South Pars gas compression project was formally handed over to the company last week.

Sina Energy Holding signs deals with Russian, Iranian companies

SHANA (Tehran) – Three contracts and one memorandum of understanding were signed between a subsidiary of Sina Energy Holding and the Russian companies ZN Vostok and Soyuzkhim Export, and the Iranian company Petro Iranian Karkheh.

Iran to launch 60,000-barrel Siraf Refinery by March 2026

SHANA (Tehran) – The CEO of National Iranian Oil Refining and Distribution Company (NIORDC) announced that a 60,000-barrel refinery in the Siraf region will become operational by the end of the current Iranian year (March 2026).

NISOC plays vital role in Iran’s economy, energy production: CEO

SHANA (Tehran) – The CEO of the National Iranian South Oil Company (NISOC) emphasized the critical role of the company in securing the country’s energy supply, reporting a significant increase in oil and gas production last year.

PEDCO prioritizes tech in oil, gas projects

SHANA (Tehran) – The CEO of Petroiran Development Company (PEDCO) announced the implementation of offshore and onshore projects, stating that expanding the drilling fleet, leveraging technology-based capabilities, and integrating expert graduates into the organizational structure are key priorities for the company.

MoU signed to replace 1m low-consumption heaters

SHANA (Tehran) – The CEO of the National Iranian Gas Company (NIGC) reported on the beginning gas heaters optimization plan with high efficiency.

Iran urged to redefine role in global energy system

SHANA (Tehran) -- The head of the Institute for International Energy Studies on Saturday emphasized the importance of redefining Iran’s role in the evolving energy order, asking domestic institutions to collaborate on drafting a precise energy supply document.

Gov’t spox:

Young engineers key to unlocking oil industry challenges

SHANA (Tehran) – Government spokesperson Fatemeh Mohajerani said Saturday that young engineers in the oil industry have successfully addressed key challenges in the sector, emphasizing the government’s duty to support them and help resolve obstacles.

IOPTC inks two MoUs with NTBFs

SHANA (Tehran) – Iran Oil Pipelines and Telecommunications Company (IOPTC) signed two memorandums of understanding (MoUs) in the field of pipeline physical monitoring with new technology-based firms (NTBFs).

Oil minister’s visit to Iran Oil Show 2025 on Second Day

SHANA (Tehran) – On the second day of the 29th International Oil, Gas, Refining & Petrochemical Exhibition (Iran Oil Show 2025), at its busiest hour—when the sun hammered down on the metal roofs of the exhibition booths—Oil Minister Mohsen Paknejad began touring the industry’s largest festival.

10 MoUs signed for Gachsaran oil, gas development projects

SHANA (Tehran) – On the second day of the 29th Iran International Oil, Gas, Refining, and Petrochemical Exhibition, Gachsaran Oil and Gas Company took a major step toward developing specialized equipment and supporting new technology-based firms by signing 10 contracts and memorandums of understanding with domestic firms.

Major transformation in IOTC' maritime fleet

SHANA (Tehran) – At the 29th International Oil, Gas, Refining & Petrochemical Exhibition (Iran Oil Show 2025), the Iranian Oil Terminals Company (IOTC) unveiled a comprehensive plan to rebuild and modernize its maritime operational fleet. The initiative aims to enhance safety, boost productivity, reduce reliance on leased vessels, and increase operational capacity.

Oil exhibition provides opportunity for public-private sector collaboration

SHANA (Tehran) – The CEO of Lavan Special Economic Energy Zone emphasized the need to realize the goal of "investment for production" in the oil industry, stating that the 29th International Oil, Gas, Refining & Petrochemical Exhibition (Iran Oil Show 2025) presents a valuable opportunity for cooperation between the public and private sectors.