Iran
-
Iran, Russia set to deepen economic ties before 19th Joint Commission
SHANA (Tehran) — Iran’s oil minister said Wednesday that the country is pursuing the outcomes of the 18th Iran-Russia Joint Economic Cooperation Commission and preparing to host the 19th session in Iran.
-
Iran’s 74% reliance on gas sparks energy diversification warning
SHANA (Tehran) – Iran’s reliance on natural gas for about 73% to 74% of its energy mix is unprecedented worldwide and poses long-term risks, the head of the National Iranian Gas Company said.
-
Power plants lead gas consumption, setting daily record of 329 mcm
SHANA (Tehran) – Natural gas consumption across three main sectors — power plants, major industries, and households, businesses and small industries — reached about 4.49 billion cubic meters in the third week of September, with power plants recording a new daily peak of 329 million cubic meters on Sept. 9.
-
Petchem industry saves 1.7 bcm of gas through efficiency measures
SHANA (Tehran) – The energy optimization director of the National Petrochemical Company announced that 1.7 billion cubic meters of gas have been saved over the past four years through efficiency projects.
-
Transparency, public awareness key to tackling energy imbalances
SHANA (Tehran) – The social adviser to the president said addressing the country’s energy imbalance requires transparency, open dialogue with the public, and cultural awareness, warning that without social reforms, imports and investments will be ineffective.
-
NIGC chief calls for industry standards to curb ‘virtual gas exports’
SHANA (Tehran) –National Iranian Gas Company CEO Saeid Tavakoli said standardizing industries is essential to prevent so-called virtual gas exports.
-
Power plants, industries among top energy consumers; efficient use essential
SHANA (Tehran) – Masoumeh Aqapour, an adviser to the president, said Monday that energy efficiency should not be limited to the final stage of consumption but must cover the entire production chain, particularly power plants and major industries, which are the largest energy consumers.
-
Boosting power plant efficiency, fuel diversity seen as key to narrowing Iran’s energy imbalance
SHANA (Tehran) — Increasing efficiency at power plants, diversifying fuel use and adopting high-efficiency equipment in industry are crucial to reducing Iran’s energy imbalance, the head of the National Iranian Gas Company said Monday.
-
Private sector holds 15% share in Iran’s petrochemical industry
SHANA (Tehran) – About 15% of Iran’s petrochemical industry is currently controlled by the private sector, the head of the National Petrochemical Company said Monday, expressing hope that the share will increase by the end of the country’s Seventh Development Plan.
-
Iran plans for winter energy needs to prevent shortages
SHANA (Tehran) – A meeting of the "Headquarters to Address Shortfalls" on the subject of winter energy and fuel supply was held with the deputies of the oil and power ministers in attendance, a member of the Iranian Parliament's Energy Committee said.
-
Ilam Gas Refinery boosts capacity, production stability in western Iran
SHANA (Tehran) – The CEO of Ilam Gas Refinery announced that the refinery was in service with 99.4% reliability during the winter and met all its production program commitments. He stated that the second phase of the company currently has 90% physical progress, and upon its completion, it will add 50% to the refinery's total capacity.
-
Iran inks $600m contract to develop Madar gas field
SHANA (Tehran) – Iran’s National Iranian Oil Co. signed a $600-million contract to develop and operate the Madar gas field with Isfahan’s Mobarakeh Steel Co. and the Oil Industries Engineering and Construction Co. (OIEC), the company announced.
-
Madar gas field development to begin soon
SHANA (Tehran) – The development of Iran’s Madar gas field will soon enter its execution phase, a project the head of the National Iranian Oil Company (NIOC) stated would help address the country's gas shortfall. Similar contracts are expected to be signed this year.
-
Iran’s gasoline use tops 1b liters in a week
SHANA (Tehran) – Iran’s gasoline consumption surpassed 1 billion liters in the week ending September 12, setting a new record with an average daily use of about 143.7 million liters, according to the National Iranian Oil Products Distribution Company.
-
Petrochem expo set for January in Kish
SHANA (Tehran) – The third edition of the Petrochem Exhibition will be held January 6-8 at the Kish International Exhibition Center, aiming to support domestic production and technology companies.
-
MP highlights energy security through diversified fuel mix
SHANA (Tehran) – A member of Iran’s Parliament energy committee said electrifying vehicles and using LPG and CNG are strategies that can strengthen energy security while delivering economic benefits.
-
Oil Ministry forms task force to boost production technologies
SHANA (Tehran) – The Oil Ministry has established a special task force aimed at improving oil and gas production methods and tools, as well as developing enhanced recovery technologies, a senior official announced.
-
NPC launches new product specification system
SHANA (Tehran) – The National Petrochemical Company (NPC) unveiled a new system Wednesday designed to standardize and bring transparency to the technical specifications of its products.
-
Tehran, Yerevan discuss expanding energy ties
SHANA (Tehran) – The CEO of the National Iranian Oil Refining and Distribution Company met with Armenia's economy minister and deputy minister to discuss expanding energy cooperation and developing the trade of oil products between the two countries.
-
OPEC at 65: A veteran player faces new challenges
SHANA (Tehran) – The former head of OPEC's petroleum studies department said that while various issues have reduced the cartel's power over time, he believes it will maintain a prominent position for the next 30 years if it makes rational decisions regarding oil and understands its true place in the global energy mix.
-
Successful launch of internal fuel network
SHANA (Tehran) – The head of energy management at the Tehran Oil Refining Company announced the successful launch of the country’s first internal refinery fuel network, stating it has created a secure, fast, and independent infrastructure for exchanging fuel consumption data within the refinery's internal platform.
-
South Pars gas field production capacity increases
SHANA (Tehran) – The CEO of Pars Oil and Gas Company announced the commissioning of the ninth well at Phase 11 of the South Pars gas field, stating that its launch has increased the phase's gas production capacity to more than 22 million cubic meters per day.
-
Nowruz Oil Field production increases with offshore cable operation
SHANA (Tehran) – Oil production from the Nowruz field has increased by 1,500 barrels per day following the completion of a complex offshore power cable operation, according to an Iranian offshore oil company official.
-
Petrochemical sector key to national economy amid sanctions
SHANA (Tehran) – The petrochemical industry is central to supporting the national economy, said the secretary-general of the Petrochemical Industry Employers Association.
-
Persian Gulf Holding takes major strides to complete value chain
SHANA (Tehran) – The CEO of Persian Gulf Petrochemical Industries Co. said the petrochemical industry holds a distinguished place in the national economy, stating that the holding company has taken major strides toward reducing the sale of raw materials and producing diverse products by implementing large development projects and moving to complete the value chain.
-
Iran to ratify first private petchem contract for gas field development
SHANA (Tehran) – The first petrochemical contract for the development of gas fields will be ratified soon, the CEO of the National Petrochemical Company said Monday.
-
Iran aims to boost polymer production to 16m tons by 2028
SHANA (Tehran) – The production capacity of polymer products is projected to reach 16 million tons by the end of Iran's Seventh Development Plan (2028), according to the CEO of the National Petrochemical Company.
-
IranPlast exhibition sets record for domestic participation
SHANA (Tehran) – The IranPlast exhibition set a new record for domestic participation this year, the event’s manager said Monday.
-
IranPlast 2025 expo kicks off in Tehran
SHANA (Tehran) – The 19th IranPlast International Exhibition opened on Monday, at the Tehran Permanent International Fairgrounds.
-
Leader: Greater activity required for oil exports
SHANA (Tehran) – Ayatollah Seyyed Ali Khamenei, the Leader of the Islamic Revolution, met with President Masoud Pezeshkian and members of the cabinet on September 7, 2025, at Imam Khomeini Hussainiyah of Tehran, according to khamanei.ir.