Shana

Leader stresses growth in production, investment in 1404

SHANA (Tehran) – On the first day of the year 1404 in the Iranian solar calendar [March 21, 2025], the Leader of the Islamic Revolution met with thousands of people from various walks of life as he described the past year as one of patience, resilience, and the demonstration of the Iranian people's spiritual strength.

Minister:

Nowruz-Ramadan coincidence symbolizes nature-spirituality harmony

SHANA (Tehran) – Mohsen Paknejad, the Minister of Oil, in a message marking the convergence of Nowruz and the holy month of Ramadan as symbols of the harmony between nature and spirituality, wrote: Just as Ramadan is a month of self-improvement and serving the people, Nowruz reminds us of hope for a better future and renewing our commitment to human values.

President’s Nowruz Message highlights renewal, unity, justice

SHANA (Tehran) – In a message marking the arrival of the Iranian New Year, Nowruz 1404, President Masoud Pezeshkian emphasized the themes of renewal, unity, and the pursuit of a brighter future for Iran. He drew parallels between Nowruz and Laylat al-Qadr (the Night of Decree), describing both as moments of spiritual transformation and opportunity for change.

Ayatollah Khamenei calls for greater investment to boost production

Leader calls 1404 the “Year of Investment for Production”

SHANA (Tehran) – In the year 1404, designated as the "Year of Investment for Production," the Leader of the Islamic Revolution conveyed a message marking the beginning of the new year, expressing wishes for goodness, prosperity, and victory for the Islamic community.

Paknejad says oil industry acts as pillar of Iran’s independence, resilience

SHANA (Tehran) – Mohsen Paknejad, Iran’s Minister of Oil, in a message marking the anniversary of the nationalization of the oil industry, stated that the oil sector stands as a steadfast pillar of the nation’s independence and a clear symbol of the Iranian people’s capabilities.

Paknejad:

Winter fuel supply showcases magnificent collaboration in vast oil industry

SHANA (Tehran) – Oil Minister Mohsen Paknejad thanked all industry colleagues for their relentless, round-the-clock efforts to secure winter fuel supplies, stating: “What transpired was a display of magnificent collaboration, interaction, and tireless work across various managerial, operational, and administrative levels in the vast oil industry to meet the nation’s energy needs.”

President calls for experts to address national deficits

SHANA (Tehran) - President Masoud Pezeshkian urged individuals with solutions to step forward and help resolve the country's imbalances in water, electricity, gas, and financial sectors.

Minister:

Iran aims to collect 16 bcm of APG by end of Seventh Development Plan

SHANA (Tehran) – Iran’s Oil Minister Mohsen Paknejad stated that burning associated petroleum gas (APG) signifies the waste of the country’s natural resources.

NPC:

Strategic studies essential for petchem industry development

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized the need to diversify target markets and identify opportunities and challenges for the development of Iran’s petrochemical industry over the next 20 years.

Parliament fully supports Oil Ministry

Senior MP: Sanctioning oil minister violates international law

SHANA (Tehran) – The head of the Iranian Parliament’s Energy Committee stated that the sanctioning of the oil minister is a violation of international rules and laws, emphasizing that members of the Energy Committee and other parliament representatives stand firmly with the Oil Ministry and support its efforts.

Energy Committee strongly supports oil minister after US sanctions

SHANA (Tehran) – The head of the Energy Committee, along with its members, visited the Ministry of Oil to express the Iranian parliament’s strong support for the oil minister following the imposition of US sanctions.

Gasoline reserves boosted for Nowruz with 8m liter production increase

SHANA (Tehran) – The CEO of the National Iranian Oil Products Distribution Company (NIOPDC) announced that gasoline production at the country’s refineries increased by approximately 8 million liters per day in the second half of the current Iranian year, significantly strengthening fuel reserves for the Nowruz holidays.

NIORDC announces

Fuel smuggling control with approach of prevention-confrontation

SHANA (Tehran) – The CEO of the National Iranian Oil Refining and Distribution Company (NIORDC) stated that the root cause of a significant portion of fuel smuggling lies in the consumption sector.

MP: Oil minister, oil industry personnel unfazed by US sanctions

SHANA (Tehran) – The deputy chairman of the Iranian Parliament’s Energy Committee stated that the oil minister and hardworking personnel of the oil industry are not afraid of US sanctions and emphasized that such measures will undoubtedly increase their motivation to continue their work.

First VP:

Iran aims to become regional energy hub

SHANA (Tehran) – First Vice President Mohammadreza Aref stated that Iran is striving to become a regional energy hub, emphasizing that achieving this goal is a top priority for the government.

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.

Foreign Ministry Spox condemns sanctions on oil minister

SHANA (Tehran) – The spokesperson for the Ministry of Foreign Affairs strongly condemned the US action to sanction several individuals, including the oil minister of the Islamic Republic of Iran, as well as multiple oil tankers and commercial companies.

Energy imbalance requires public cooperation: President

SHANA (Tehran) – President Masoud Pezeshkian emphasized that resolving the country's energy imbalance requires public cooperation, noting that Iran's natural gas consumption exceeds that of wealthy European nations, despite their higher financial capacity and efficient energy management.

 In latest round of measures against Iran’s oil industry

US Treasury sanctions Iranian oil minister

SHANA (Tehran) - The US Treasury Department has imposed sanctions on Iran’s oil minister as part of its ongoing maximum pressure campaign against the Islamic Republic. 

Iran anticipates positive news in oil production next year

SHANA (Tehran) - The CEO of the National Iranian Oil Company (NIOC) announced that necessary planning has been completed to meet oil production requirements for the upcoming year, stating, "Next year, we will have good news in the field of oil production."

Iran's economic growth up

SHANA (Tehran) - The latest calculations by the Parliament Research Center show that the country's economic growth in Dey (Dec. 21, 2024-Jan. 19, 2025) increased by 1.8% compared to the same month last year, while non-oil economic growth stood at 1.3%. 

Oil Ministry prepared to meet fuel demand for Nowruz holidays

SHANA (Tehran) – Oil Minister Mohsen Paknejad emphasized his ministry's full readiness to meet the fuel needs of citizens during the Nowruz holidays.

NIGC credits public-gov’t cooperation for overcoming winter difficulties

SHANA (Tehran) – The deputy oil minister for gas affairs stated that the successful navigation of this winter was made possible by the efforts of National Iranian Gas Company (NIGC) employees, the support of the Oil Ministry, and the public. He emphasized that those who work sincerely, honestly, and passionately for the country will have their names etched in history.

Oil Ministry, Hamrah-e-Aval ink MoU for digital transformation

SHANA (Tehran) – The Ministry of Oil and Hamrah-e-Aval, a leading mobile operator, signed a memorandum of understanding (MoU) aimed at advancing digital transformation and smart technologies in the oil and gas industry.

GECF Launches new edition of its Global Gas Outlook report

SHANA (Tehran) – The Gas Exporting Countries Forum (GECF) officially launched the latest edition of its annual flagship publication, the Global Gas Outlook (GGO), today at the GECF Secretariat via video conference.

NPC:

Petrochemical companies committed to returning forex to economy

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized that the petrochemical industry is committed to returning the foreign currency earned from exports to the country’s economic cycle, stating that all currency obligations of petrochemical companies have been fulfilled.

Iran dismisses reports of halting Iranian oil vessels

SHANA (Tehran) – The spokesperson for Iran's Foreign Ministry dismissed claims made by Reuters regarding the halting of Iranian oil tankers, labeling them as fabricated, false, or biased reporting.

First well of SP infill drilling project comes online

SHANA (Tehran) – The first well of a 35-well infill drilling project in the South Pars field has been commissioned, according to the CEO of Pars Oil and Gas Company (POGC). The project aims to maintain and sustain gas production from the field.

Petchem industry nears 100-m-ton production capacity: NPC

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) announced that the petrochemical industry is on the verge of reaching a production capacity of 100 million tons.