Shana

Jet fuel prices increase

SHANA (Tehran) – The price of jet fuel for domestic airlines rises starting March 21, 2025. According to a legal resolution, the new rate, including value-added tax, will be set at 143,000 rials per liter.

Gasoline consumption exceeds 144m liters on March 20

SHANA (Tehran) – Iran's gasoline consumption on Thursday, March 20, 2025, surpassed 144 million liters, according to data released by the National Iranian Oil Products Distribution Company (NIOPDC).

NIOPDC ready to supply fuel for Nowruz holidays

SHANA (Tehran) – The CEO of the National Iranian Oil Products Distribution Company (NIOPDC) announced that gasoline has been stockpiled and fuel stations are fully prepared to provide services during the Nowruz holidays. He urged the public to use their personal fuel smart cards to avoid overcrowding.

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.

POGC announces 15 mcm increase in gas extraction from South Pars

SHANA (Tehran) – The CEO of Pars Oil and Gas Company (POGC) announced that during the final four months of the Iranian year 1403, an average of over 710 million cubic meters (mcm) of gas per day was extracted from the South Pars joint field. This figure represents an increase of more than 15 mcm compared to the preceding year.

Largest oil processing unit in Iran begins trial operation

SHANA (Tehran) – On the anniversary of the nationalization of Iran's oil industry, the country's largest crude oil processing unit has commenced trial operations on Wednesday, according to the CEO of Petroleum Engineering and Development Company (PEDEC).

Unprecedented gasoline consumption at the end of 1403

SHANA (Tehran) – The daily gasoline consumption in Iran reached over 164 million liters on Wednesday, the 29th of Esfand, coinciding with the start of Nowruz holiday travels, marking a significant increase.

NIORDC head congratulates New Year

SHANA (Tehran) – The CEO of the National Iranian Oil Refining and Distribution Company (NIORDC) extended congratulations on the arrival of the ancient Nowruz holiday in a message.

In a message marking arrival of New Year

NPC emphasizes renewed motivation for a bright future in petchem industry

SHANA (Tehran) – In a message marking the arrival of the Iranian New Year 1404, the CEO of the National Petrochemical Company (NPC) expressed hope for continued progress in the industry.

NIGC head congratulates on Nowruz

SHANA (Tehran) – The CEO of the National Iranian Gas Company (NIGC), in a message, congratulated all colleagues and their respected families on the arrival of Nowruz, the ancient Persian New Year.

NIOC CEO extends Nowruz greetings

SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) extended congratulations to all employees and their families on the occasion of Nowruz, the Iranian New Year.

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.

NIOPDC:

Over 136m liters of gasoline distributed across Iran on March 18

SHANA (Tehran) – The daily gasoline consumption in Iran reached over 136 million liters on Tuesday, March 18, 2025, as the country saw an increase in travel at the start of the Nowruz holiday season.

Sepehr, Jufair fields crude production hits 64,000 barrels per day

SHANA (Tehran) – The CEO of Pasargad Exploration, Development, and Production Company announced that oil production from the Sepehr and Jufair fields increased to 64,000 barrels per day by the end of the Iranian year 1403 (March 2024).

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.”

Jacket platform for Belal gas field installed in Persian Gulf

SHANA (Tehran) - The installation of the jacket platform for the development project of the shared Belal gas field, located in the reservoir block on the border between Iran and Qatar, has been successfully completed.

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.

Gov’t spox: Oil minister sanctions are illegal

SHANA (Tehran) – The government spokesperson, referring to the US action to sanction Iran's oil minister, stated that the "illegal sanctions" demonstrate that the oil minister has been performing his duties effectively.

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.

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.

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.

Energy Market Outlook in New Syria

SHANA (Tehran) –Since the early 2000s, the Syrian energy market has experienced significant development with some turning points in 2011 and afterwards. Primarily characterized by relative self-sufficiency and export capabilities, the market is now known for its sharp decline, dependence on foreign countries, and paralyzing sanctions.