Shana

Shazand Refinery undergoes unprecedented overhaul after 10 years, boosts output by 30%

SHANA (Tehran) – The Imam Khomeini Oil Refinery in Shazand has completed its most extensive overhaul in a decade, a $60 million project involving 5,000 specialized workers that increased production capacity by at least 30% and significantly improved operational reliability. The work ensures high-quality production for at least the next four years without interruption, refinery officials said.

Iran boosts gas supply by 6.7 mcm daily, diesel stocks up 130% for winter

SHANA (Tehran) — Oil Minister Mohsen Paknejad said gas delivery to the network has increased by about 6.7 million cubic meters per day and diesel reserves at power plants have risen 130%, putting Iran in a strong position heading into winter.

Oil industry lauded for resilience during 12-day war

Passive defense urged to be institutionalized

SHANA (Tehran) — The deputy oil minister for engineering, research and technology praised Iran’s oil industry for its flawless performance during the recent 12-day war, saying that unified command, proactive drills and production resilience were key to the sector’s success in passing what he called “a major national test.”

Minister: Oil industry leads Iran’s economic resilience

SHANA (Tehran) – Oil Minister Mohsen Paknejad said the oil industry is the main pillar of Iran’s economic resilience and plays a leading role in overcoming the country’s challenges.

Monthly gasoline consumption up 8m liters

SHANA (Tehran) – Iran’s average daily gasoline consumption in the Iranian calendar month Mehr (September 23-October 22) rose by about 8 million liters compared with the same month last year, reaching nearly 134 million liters per day.

Power plant fuel tanks full; gasoline consumption up 6.5% in October

SHANA (Tehran) – The managing director of the National Iranian Oil Products Distribution Company said power plant fuel tanks across the country are full, leaving little capacity for additional storage.

Limited time to tap Iran’s oil resources

SHANA (Tehran) – The investment and business development director of the National Iranian Oil Company (NIOC) warned that without reforms in policymaking and financing, a significant portion of the country’s underground oil and gas resources may never be extracted.

Universities key to strengthening investment, innovation in Iran’s energy sector

SHANA (Tehran) – The president of Allameh Tabataba’i University said that investing in the oil, gas, and petrochemical sectors is not merely an economic act but a commitment to the nation’s long-term development.

Fajr Jam Gas Refinery cuts gas flaring by 71%

SHANA (Tehran) – The acting head of Fajr Jam Gas Refining Company said the volume of gas sent to flares has dropped by more than 71% since the Iranian year 1398 (2019), helping to reduce greenhouse gas emissions.

Power plant diesel reserves grow with 7-m-liter boost

SHANA (Tehran) – The head of the National Iranian Oil Products Refining and Distribution Company said simultaneous efforts to boost production and manage consumption have increased diesel output by 7 million liters, leading to higher fuel reserves for power plants.

Renewables development seen as solution to energy imbalance

SHANA (Tehran) – Renewable energy development is one of the most effective ways to address the country’s energy imbalance, a member of the Iranian Parliament’s Industries and Mines Committee said.

Iran upgrades fuel card database after 18 years

SHANA (Tehran) – The database of Iran’s national fuel smart card system has been updated for the first time in 18 years, a move officials say has helped detect hundreds of thousands of unauthorized cards and prevent large-scale fuel misuse.

Inside Iran’s record gas transmission push

SHANA (Tehran) – The record-breaking performance and resilience of Iran’s gas transmission network in harsh conditions demonstrate how its pipelines and compressor stations continue operating even amid freezing weather and security threats.

Iran elected to head GECF Executive Board, pushes for forum upgrade

SHANA (Doha) – Iran’s oil minister announced that the country has been elected chair of the Executive Board of the Gas Exporting Countries Forum (GECF) and that Tehran’s proposal to upgrade the forum into the “Organization of Gas Exporting Countries” was well received by member states.

Highlighting stronger GECF unity,

Paknejad calls for 'transformation into 'Organization of Gas Exporting Countries'

SHANA (Tehran) – Minister of Oil Mohsen Paknejad called on member states of the Gas Exporting Countries Forum (GECF) to stand united against aggression, resist sanctions, and strengthen cooperation to secure the global role of natural gas in the decades ahead.

27th GECF Ministerial Meeting opens in Doha

SHANA (Doha) – The 27th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) opened Thursday in Doha, the capital of Qatar, with the participation of ministers and senior officials from member states.

New phase of Abuzar Oil Field Development to begin soon

SHANA (Tehran) – The managing director of the Iranian Offshore Oil Company announced significant progress in the construction of the Abuzar oil field pipeline project, saying a new phase of the field’s development will begin soon if current progress continues.

Increase in Persian Gulf Holding’s share of the capital market

SHANA (Tehran) – The CEO of Persian Gulf Petrochemical Industries Company (PGPIC) announced a 42% increase in consolidated operating income and a 63% rise in net profit compared with the previous fiscal year, adding that the company’s share of the capital market has reached 14.92%.

Iran’s initiatives to boost GECF’s global influence

SHANA (Doha) – Iranian Oil Minister Mohsen Paknejad described the 27th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) as a crucial event, emphasizing that as the forum’s founder, Iran will present new initiatives designed to safeguard the collective interests of member countries in the long term.

Paknejad:

Energy’s future depends on a new generation of skilled professionals

SHANA (Doha) — Iran’s Oil Minister Mohsen Paknejad said the evolving landscape of the global oil and gas industry calls for training a new generation of skilled professionals familiar with international frameworks and technological developments.

Tehran, Algiers seek synergy in energy ties

SHANA (Doha) – On the eve of the 27th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) in Doha, Iran’s Oil Minister met with Algeria’s Minister of Energy and Mines to discuss expanding cooperation between Tehran and Algiers in the energy sector.

Iran, Libya oil ministers discuss energy cooperation

SHANA (Doha) – Iran’s oil minister met with his Libyan counterpart to discuss expanding bilateral cooperation in various energy sectors and leveraging shared capacities.

Tehran, Abuja strengthen energy cooperation

SHANA (Doha) – On the eve of the 27th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) in Doha, Qatar, Iran’s Oil Minister Mohsen Paknejad met with Nigerian Minister of Gas Resources Ekperikpe Ekpo to discuss expanding energy cooperation between Tehran and Abuja.

Oil minister leaves Tehran for Doha to attend GECF meeting

SHANA (Tehran) - Iran's Oil Minister Mohsen Paknejad, departed Tehran for Doha on Tuesday evening, heading to Qatar to attend the 27th Ministerial Meeting of the Gas Exporting Countries Forum (GECF).

How operator companies are changing the gas consumption equation

SHANA (Tehran) – The entry of operator companies into gas consumption management marks the beginning of a new chapter in the nation’s energy market—one where conservation becomes an economic opportunity and smart technologies pave the way toward greater efficiency.

Shazand refinery raises feedstock capacity, carries out overhaul after eight years

SHANA (Tehran) – The CEO of Shazand Oil Refining Company announced that the refinery’s crude oil feedstock capacity has increased from 250,000 barrels per day to 265,000 barrels, enabling the production of more than 16 million liters of gasoline daily.

Energy optimization equal to six phases of South Pars:

A new opportunity for energy operators

SHANA (Tehran) – Iran’s Seventh Development Plan aims to prevent the daily waste of energy equivalent to 1.285 million barrels of oil, or more than 150 million cubic meters of natural gas — a target that creates an attractive market and valuable opportunity for private sector energy operators and technology firms.

Deputy minister:

Iran, Russia to boost cooperation in energy technology

SHANA (Tehran) – Iran’s deputy oil minister said Iranian specialists and companies possess expertise in many fields that can be shared with Russian counterparts, while Iranian firms also stand to benefit from Russian technologies in key areas.

Pars pipeline project to reduce reliance on fuel tankers

SHANA (Tehran) – The deputy oil minister said the Pars pipeline project will significantly reduce dependence on road tankers and save billions of tomans in fuel transportation costs. He added that this year, the refining and fuel distribution sector has achieved favorable performance across various areas.

Contract signed to build Pars Oil Products Pipeline

SHANA (Tehran) – A contract has been signed to construct the Pars Oil Products Pipeline (Mehraaran–Fasa–Shiraz) with a transfer capacity of 73,000 barrels per day and an investment value of €150 million.