Shana

Movement toward sustainable development in oil industry relies on investors’ role

SHANA (Tehran) – A member of Iranian Parliament called the "Transformation in Investment and Upstream Oil & Gas Development" event a significant step toward economic growth and sustainable development in Iran.

MP:

Investment in oil key to turning potential into national wealth

SHANA (Tehran) – A member of Iran's Parliamentary Industries and Mines Committee said the country’s oil and gas sector holds immense potential, which – if managed properly – could generate significant added value for the nation.

MP:

Oil, gas: Path to sustainable development

SHANA (Tehran) – The deputy chairman of the Iranian Parliament’s Energy Committee stated that oil and gas are central to achieving sustainable development, emphasizing that Iran, as one of the world’s largest holders of oil and gas reserves, has unparalleled potential to generate wealth and advance sustainable development.

Lawmaker:

Investment in oil, gas upstream sector key to sustainable energy development

SHANA (Tehran) – The head of the Entrepreneurship and Removing Production and Employment Barriers faction in Parliament said that in a year designated for boosting production as the country’s central goal, focusing on the oil and gas upstream sector has become even more critical.

MP:

Building trust for investment key to sustainable development in oil, gas

SHANA (Tehran) – A member of the Iranian Parliament’s Energy Committee said that as this year has been designated the "Year of Investment for Production," one of the main challenges in achieving this goal is building public trust in investment processes.

Energy imbalance requires comprehensive cooperation, lawmaker says

SHANA (Tehran) – A member of Iran’s Parliament Energy Committee emphasized that addressing the country’s energy imbalance requires broad cooperation, stating that the National Iranian Gas Company’s efforts in gas distribution during the past winter should serve as a model for other organizations.

Parliament stresses need to facilitate investment in oil industry

SHANA (Tehran) – A senior member of Parliament said attracting investment in the upstream oil and gas sector cannot be achieved through slogans alone and requires moving away from government control toward facilitation.

MP urges

Ensuring investment security in Iran’s upstream oil and gas sector

SHANA (Tehran) – A member of the Iranian Parliament’s Energy Committee said that as Iran faces numerous challenges in the energy sector, ensuring investment security in the upstream oil and gas industry is a top priority.

Parliament Energy Committee plans oil investment

SHANA (Tehran) – The head of the Iranian Parliament’s Energy Committee said the Committee has prepared a plan focused on investment in upstream oil, gas, petrochemical and power industries, as well as downstream sectors.

RIPI stresses providing technical expertise to oil, gas investors

SHANA (Tehran) – The head of the Research Institute of Petroleum Industry (RIPI) said that offering technological services and technical expertise to oil and gas investors encourages investment in the sector.

Investor confidence, key to upstream oil development: MP

SHANA (Tehran) – The deputy chairman of the Iranian Parliament’s Energy Commission said creating an environment where the private sector can invest confidently in oil and gas projects is essential for attracting investment and developing upstream oil and gas sectors. He emphasized that ensuring successful operations and profitability is the main incentive for investors.

Senior MP: Building trust key to attracting investment in oil, gas industry

SHANA (Tehran) – The head of the Iranian Parliament’s Energy Committee said removing obstacles and fostering a climate of trust will encourage effective participation by investors in the oil and gas sector.

Economic growth through investment in oil, gas upstream sector

SHANA (Tehran) – A member of the Iranian Parliament’s Energy Committee highlighted the "Transformation in Investment and Development" event in Iran’s oil and gas upstream sector as a significant step in the "Year of Investment for Production." He stated that introducing investment opportunities will attract capital to various sectors of the oil, gas and upstream industries.

MP:

Investment in oil industry's upstream sector boosts production growth

SHANA (Tehran) - A member of the Iranian Parliament's Industries and Mines Committee said the "Transformation in Investment" event would effectively attract capital for production in the oil and gas upstream sector, adding that the event provides an opportunity to boost production growth.  

Lawmaker calls for solving energy imbalance through investment in oil industry

SHANA (Tehran) – A member of Iran’s Parliamentary Committee for Industries and Mines said attracting investment in the upstream oil and gas sector is an effective solution to address the country’s energy imbalance crisis.

Investment in oil, gas industry essential: MP

SHANA (Tehran) – The head of the Iranian Parliament’s Oil, Gas, and Petrochemical Industries Monitoring Committee emphasized the need to attract investment in the upstream oil and gas sector to ensure a stable supply of feedstock for downstream industries.

Tax incentives key to attracting investors, lawmaker says

SHANA (Tehran) — Tax and export incentives for investors are a vital step in transforming the oil industry and attracting foreign and domestic investment, said Reza Sepahvand, a member of Parliament's Energy Committee.  

MPs visit fuel supply controls at Rey Oil Depot

SHANA (Tehran) – The head and members of the Energy Committee, along with several Parliament members, visited the Rey oil storage facilities on Thursday, to inspect fuel distribution operations.

Gov’t Spox:

Energy diversification a top priority for gov’t

SHANA (Tehran) – Government spokesperson Fatemeh Mohajerani said Tuesday that utilizing clean energy and diversifying the energy portfolio are key priorities for the administration, which will help reduce power outages for industries.

Private sector investment opportunities in oil highlighted

SHANA (Tehran) – The head of Parliament's Energy Committee said there are opportunities for private sector investment in upstream and downstream petrochemical industries, as well as oil and gas, and that the committee supports such investments.

Parl. Speaker:

Energy at forefront of investment; incentives must increase

SHANA (Tehran) – Parliament Speaker Mohammad-Baqer Qalibaf stated that energy is a top priority for investment, emphasizing the need to boost incentives in this sector through public joint-stock companies, projects, and other economic frameworks.

Oil industry a key investment opportunity: Lawmaker

SHANA (Tehran) – A member of Iran’s Parliament presiding board said oil and gas fields could be a major draw for domestic and foreign investors, stressing that the parliament and government must work together to facilitate investment in the sector and utilize all available resources.

Senior MP announces strong parliamentary support for oil industry

SHANA (Tehran) - The head of the Iranian Parliament’s Energy Committee praised the Oil Ministry’s cooperation with the committee and other specialized parliamentary panels, emphasizing that committee members unanimously support Oil Minister Mohsen Paknejad and the oil industry.  

MP:

South Pars pressure enhancement project a key step in boosting production

SHANA (Tehran) – A member of the Iranian Parliament’s Budget Integration Committee stated that leveraging domestic capabilities in the South Pars pressure enhancement project is a significant step toward achieving this year’s slogan of "boosting production with public participation, revitalizing industries, creating jobs, and fostering hope."

Agreement inked to transfer gasoline quotas to bank accounts

SHANA (Tehran) – The National Iranian Oil Refining and Distribution Company (NIORDC) and the Tehran Municipality signed an agreement to pilot the transfer of gasoline quotas from fuel cards to vehicle owners' bank accounts.

Parliament speaker orders comprehensive report on energy imbalance

SHANA (Tehran) – The Speaker of the Parliament tasked the Energy Committee with preparing a detailed report on the energy imbalance to be presented during an open session of the Parliament.

Minister: Energy imbalance problem decades in the making

SHANA (Tehran) – Oil Minister Mohsen Paknejad stated on Tuesday that the current imbalance in energy carriers is not the result of decisions made over the past three months, three years, or even six years.

President highlights efforts to address imbalances

SHANA (Tehran) – The president stated that upon taking office, the administration faced significant imbalances in various sectors, including water, electricity, and gas. He emphasized that blaming one another will not solve the problem.

Energy Committee pursues establishment of Energy Optimization Organization

SHANA (Tehran) – The deputy chairman of the Energy Committee in Parliament stated that the legislature, particularly the Energy Committee, is seeking to establish an Energy Optimization Organization.

Misuse of water, gas, electricity leads to dead end, Pezeshkian warns

SHANA (Tehran) – President Masoud Pezeshkian stated on Sunday that, improper management of water, gas, and electricity resources, is leading the country toward a dead end.