Shana

Aref urges focus on finishing incomplete refinery projects

SHANA (Tehran) – The first vice president stated that the refining industry is considered a strategic industry for the country, emphasizing that priority in expanding refinery capacity should be given to incomplete development projects.

CEO:

POGC plays great role in sustainable gas supply

SHANA (Tehran) – The CEO of Pars Oil and Gas Company (POGC) highlighted the company's significant role in ensuring the sustainable supply of gas in the country, stating that the company has consistently played an indispensable part in this effort with 13 refineries and 39 production and support platforms.

VP says gov’t bent on combating fuel smuggling

SHANA (Tehran) – Iran's first vice president said the current administration is seriously committed to prevent fuel smuggling and tackling the fuel mafia, considering these issues vital to the country.

Iran after Mokran development

SHANA (Tehran) – The president’s representative for coordinating the implementation of maritime development policies announced the government's serious commitment to developing the Mokran coast and completing industrial projects in the region.

Iran increases daily diesel production by 15m liters under new gov’t

SHANA (Tehran) – A senior official from the National Iranian Oil Refining and Distribution Company (NIORDC) announced an increase of 15 million liters in the country's daily diesel production over the four months of the new government's term.

Paknejad announces 50% hike in liquid fuel delivery to power plants

SHANA (Tehran) – The oil minister announced that the delivery of liquid fuel to power plants in the first four months of the 14th administration increased by about 50% compared to the same period last year.

Gov’t spokesperson praises public, energy staff for their support

SHANA (Tehran) – The government spokesperson expressed gratitude to citizens for their participation in the “2 Degrees Less” campaign, which aimed to reduce energy consumption during the recent cold spell.

President stresses balanced focus between energy production, household consumption

SHANA (Tehran) – The president stressed the importance of simultaneously addressing both energy production and household consumption while managing energy imbalances and air pollution in major cities.

President: Reducing temp. by two degrees can save 50 mcm of gas

SHANA (Tehran) - President Masoud Pezeshkian said that lowering the temperature by just two degrees could save up to 50 million cubic meters of gas.

189th Meeting of OPEC Conference concludes

SHANA (Tehran) – The 189th (Ordinary) Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) convened today, December 10, 2024, under the Chairmanship of its President, Marcel Abeke, Minister of Petroleum of the Gabonese Republic and Head of its Delegation.

Diesel production sets record high

SHANA (Tehran) – The country’s average diesel production in the first 17 days of the ninth month of Iranian calendar reached 124 million liters per day, marking an increase of 13 million liters compared to the daily average during the first five months of this year (13th administration).

NIOC exploration chief:

Iran’s High Exploration Council to be revived soon

SHANA (Tehran) – The director of exploration at the National Iranian Oil Company (NIOC) announced that the High Exploration Council is set to be reestablished in the near future as necessary correspondence with NIOC’s CEO has already been undertaken to facilitate its revival.

CEO:

South Pars Gas Complex focuses on achieving sustainable gas production

SHANA (Tehran) – The managing director of South Pars Gas Complex announced that employees are working tirelessly to ensure a stable gas supply for the winter season.

GECF’s role in boosting natural gas in global market

SHANA (Tehran) – The Gas Exporting Countries Forum (GECF) plays a crucial role in enhancing international relations between producers and consumers, fostering constructive cooperation, and increasing the prominence of natural gas in the global energy market, according to the president of the 26th GECF Ministerial Meeting. 

Three resolutions, one statement approved at GECF Ministerial Meeting

SHANA (Tehran) – The deputy minister of international affairs and commerce at the Ministry of Oil announced that three resolutions as well as a statement were approved at the 26th Ministerial Meeting of the Gas Exporting Countries Forum (GECF).

Ministerial Statement of 26th Ministerial Meeting of GECF

GECF highlights pivotal role of gas in advancing UN Sustainable Development Goals

SHANA (Tehran) – The member states of the Gas Exporting Countries Forum (GECF) highlighted the pivotal role of natural gas in advancing the United Nations Sustainable Development Goals.

Iran’s OPEC governor highlights GECF's growing share in global energy

SHANA (Tehran) - Iran’s representative on the OPEC Board of Governors emphasized the increasing role of the Gas Exporting Countries Forum (GECF) in the global energy mix, forecasting a bright future for natural gas.  

GECF Secretary-General remarks at 26th Ministerial Meeting in Tehran:

Gas consumption expected to increase by 34% by 2050

SHANA (Tehran) - Mohamed Hamel, Secretary General of the Gas Exporting Countries Forum (GECF), speaking at the 26th Ministerial Meeting in Tehran on Sunday highlighted the organization’s growth and future goals.

GECF delegates visit Research Institute of Petroleum Industry

SHANA (Tehran) - Delegates from the ministerial meeting of the Gas Exporting Countries Forum (GECF) visited the scientific centers and laboratories of the Research Institute of Petroleum Industry (RIPI). 

GECF Secretary-General:

Ensuring gas supply security requires adequate investment

SHANA (Tehran) - The Secretary General of the Gas Exporting Countries Forum (GECF), Mohamed Hamel, said that supply and demand security are two sides of the same coin, noting that ensuring supply security relies on timely and sufficient investment.

GECF experts discuss gas markets in Tehran

SHANA (Tehran) - The Secretariat of the Gas Exporting Countries Forum (GECF) held three specialized workshops on the sidelines of the 26th GECF Ministerial Meeting in Tehran.

Paknejad:

Attendance of GECF ministers in Tehran reflects Iran's stability

SHANA (Tehran) - The minister of oil said that the presence of energy and oil ministers from the Gas Exporting Countries Forum (GECF) in Tehran highlights Iran's resilience, stability, and high level of security under current conditions. 

Virtual meeting held on sidelines of 38th OPEC+ Meeting

SHANA (Tehran) - OPEC plus countries Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, which previously announced additional voluntary adjustments in April 2023 and November 2023 held a virtual meeting on the sideline of the 38th  OPEC and non-OPEC Ministerial Meeting (ONOMM).

38th OPEC+ Ministerial Meeting Concludes

SHANA (Tehran) - In light of the continued commitment of the OPEC and non-OPEC Participating Countries in the Declaration of Cooperation (DoC) to achieve and sustain a stable oil market, and to provide long-term guidance and transparency for the market, and in line with the approach of being precautious, proactive, and pre-emptive, which has been consistently adopted by OPEC and non-OPEC Participating Countries in the Declaration of Cooperation, the Participating Countries decided to:

Overhaul of South Pars gas platforms completed

SHANA (Tehran) - The overhaul operations of the gas platforms in the South Pars joint gas field were successfully completed, thanks to a well-organized plan, collaboration among operational teams, and close oversight from the HSE (Health, Safety, and Environment) department of Pars Oil and Gas Company, all carried out under safe conditions.

Oil minister:

Optimizing gasoline consumption, a top priority

SHANA (Tehran) - The minister of oil said on Wednesday that optimizing gasoline consumption is a top priority for the ministry, adding that no decision has been made yet regarding changes to gasoline prices.

Gov’t orders shutdown of heating systems in public offices

SHANA (Tehran) - The Iranian government has issued a directive requiring all government bodies to shut down their heating and electricity systems as of 4 p.m. Wednesday to minimize energy consumption, according to the vice president for executive affairs and chief of staff.

Energy minister:

Oil Ministry increases fuel supply to power plants

SHANA (Tehran) - The minister of energy announced on Wednesday that the Oil Ministry has recently improved the supply of diesel fuel to power plants, stating that fuel provision has increased in line with demand.

GECF Secretary-General arrives in Tehran

SHANA (Tehran) - Mohammad Hamel, the secretary-general of the Gas Exporting Countries Forum (GECF), arrived in Tehran early Wednesday to attend the 26th Ministerial Meeting of the GECF.

Daily processing of 820,000 barrels targeted for West Karoun Oil Fields

SHANA (Tehran) - The CEO of the Petroleum Engineering and Development Company (PEDEC) announced a target to increase daily oil processing capacity to 820,000 barrels in West Karoun Oil Fields.