Iran’s Role in Europe’s Energy Security Equation

SHANA (Tehran) - Iran-US nuclear talks are underway. These talks aim to lift sanctions on Iran to allow the Islamic Republic to sell oil and facilitate banking transactions. Iran’s former ambassador to France, Abol Qasem Delfi, tells “Iran Petroleum” that Iran would return to Europe’s energy market should talks with the United States pay off. He said the Europeans do know that Iran can be a reliable supplier of Europe’s energy needs due to its rich oil and gas deposits.

Plan to reduce gas flaring in southern oil-rich regions announced

SHANA (Tehran) – The CEO of the National Iranian South Oil Company (NISOC) announced plans to cut daily gas flaring by 200 million cubic feet this year.

Reduced flaring at South Pars Refinery 11

SHANA (Tehran) – The manager of Refinery 11 at the South Pars Gas Complex described the reduction in gas flaring as significant, stating that the volume of gas sent to flares has dropped from over 1 million cubic meters per day to less than 3,000 cubic meters.

Transparency, technology, resolve: Three pillars of combating fuel smuggling

SHANA (Tehran) - The 14th administration has taken serious steps to address fuel smuggling by implementing a series of new policies and plans, including a three-tiered pricing system for diesel fuel, real-time monitoring of the distribution chain, and fuel allocation based on mileage.

Paknejad:

Iran’s oil industry overcomes sanctions through domestic capabilities

SHANA (Tehran) – Oil Minister Mohsen Paknejad said the oil industry achieved full self-sufficiency in development and production during tough sanction years, attributing the success to the relentless efforts of Iranian experts, specialists, and youth.

Completion of flare gas recovery operation at SP Refinery 7

SHANA (Tehran) – The head of operations at the seventh refinery of South Pars announced the successful implementation of the flare gas recovery operation, stating that the project was completed with high quality, relying on domestic technical expertise and innovative measures. The installation of flare and utility line branches was fully executed.

Record-breaking overhaul at South Pars Phase 14 refinery

SHANA (Tehran) – The CEO of Pars Oil and Gas Company (POGC) announced a new record in executing 13,000 work orders during the major overhaul of the South Pars Phase 14 refinery.

Highlighted role of consumption optimization in addressing energy imbalance

SHANA (Tehran) – Senior officials at the Ministry of Oil stressed the vital role of the Fuel Consumption Optimization Company in reducing energy imbalances and achieving smart governance. They highlighted the necessity of leveraging young, expert, and strategic managers to overcome challenges in the energy sector.

Iran reaffirms commitment to bilateral talks on Arash gas field 

SHANA (Tehran) - The spokesperson for Iran’s Foreign Ministry stated that Iran has consistently emphasized constructive cooperation with Kuwait in the energy sector, particularly regarding the Arash gas field and the joint exploitation of its resources, based on bilateral negotiations and past dialogue.  

Iran’s refining capacity reaches 2.4 mbd

SHANA (Tehran) – Iran’s refining capacity has increased to 2.4 million barrels per day, with the Abadan refinery accounting for the largest share of this growth, according to Mohammad-Ali Dadvar, deputy CEO of the National Iranian Oil Refining and Distribution Company (NIORDC).

Speaker:

Strengthening trade with Venezuela centered on private sector

SHANA (Tehran) – The speaker of Iran’s Parliament emphasized the importance of developing strategic relations between Iran and Venezuela, calling for enhanced trade centered on the private sector, the use of non-dollar currencies and leveraging BRICS capabilities.

SPGC’s role in strengthening national power grid

SHANA (Tehran) – The CEO of South Pars Gas Complex announced that the Besat Power Plant, part of the complex, has been steadily generating electricity. In addition to supplying energy to 13 refineries, it feeds surplus power into the grid of four neighboring counties, playing a key role in reinforcing the regional power network.

Annual loss of up to $8b due to fuel smuggling

SHANA (Tehran) – The advisor to the CEO of the National Iranian Oil Refining and Distribution Company (NIORDC) reported an annual loss of $6 to $8 billion in national resources due to fuel smuggling.

Power plants lead in gas consumption: Nearly 2 bcm in one week

SHANA (Tehran) – Statistics show that from May 24 to 30, 2025, gas consumption by power plants was significantly higher than that of major industries and households, reaching nearly 2 billion cubic meters (bcm).

SCI: Iran’s Economy grows 3% in 1403, including oil sector

SHANA (Tehran) – The Statistical Center of Iran (SCI) has reported a 3% economic growth for the country in 1403 (ended March 20) when including oil, and 2.1% without it.

Upgrading offshore infrastructure essential for gas compression project

SHANA (Tehran) - The CEO of Pars Oil and Gas Company emphasized the need to enhance industrial workshop infrastructure for building offshore facilities to support the strategic gas compression project in South Pars.  

Abadan Refinery’s 50-MW share in supporting power grid 

SHANA (Tehran) - The CEO of Abadan Oil Refining Company announced that the facility has met its internal electricity needs while supplying surplus power to the city grid to support residents during the hot season.

Major expansion at Qeshm Dock to enhance fuel supply

SHANA (Tehran) – The project manager of the 5,000-ton Qeshm Dock said the goal of the project is to improve port infrastructure, increase docking capacity for vessels, boost export potential, enhance fuel supply, and stimulate economic growth on Qeshm Island.

Silent dedication: The men behind South Pars gas Refinery 9

SHANA (Tehran) – Under the unbearable heat and heavy humidity of Asaluyeh, the workers at Refinery Nine of the South Pars Gas Complex stand steadfast—humble yet diligent—despite the hardships of their work, lack of amenities, and economic pressures. While, according to managers, the Ministry of Oil has taken steps to improve the conditions of operational staff, the path toward full justice in payments and enhancing workers’ welfare is still ongoing.

IOOC speeds up Kharg NGL project

SHANA (Tehran) – The CEO of Iran’s Offshore Oil Company (IOOC) announced accelerated progress in the implementation of the Kharg Island National Natural Gas Liquids (NGL) project, emphasizing serious efforts to complete remaining phases and meet environmental objectives.

Overhaul of two Phase 12 platforms in South Pars completed

SHANA (Tehran) – The deputy head of operations and production at Pars Oil and Gas Company (POGC) announced the safe completion of a major simultaneous overhaul of two gas platforms in Phase 12 of South Pars, involving more than 700 work orders.

NISOC takes major step toward sustainable oil production

SHANA (Tehran) – The CEO of National Iranian South Oil Company (NISOC) announced that the company aims to increase its oil production to more than 2.8 million barrels per day by the end of this year.

Petchem industry accounts for 19% of Iran’s industrial value-added 

SHANA (Tehran) – The petrochemical industry contributes 19% of Iran’s industrial value-added while consuming only 8% of the country’s hydrocarbon resources, said Hamidreza Ajami, investment manager at the National Petrochemical Company (NPC).  

NPC: Special contracts defined for downstream industry development

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized the development of the value chain as a key priority for the petrochemical industry in the Seventh Development Plan and the 14th administration’s agenda. He noted that special contracts have been established to expand downstream industries.

Overhauls at SP refineries boost reliability without disrupting supply

SHANA (Tehran) – Major overhauls at South Pars gas refineries began in March with the goal of maintaining steady production and improving energy efficiency through domestic capabilities. These operations, supported by extensive manpower, new technology-based firms (NTBFs), and strict adherence to safety protocols, prepare the refineries to reliably supply gas through the winter.

SPGC launches comprehensive projects to reduce emissions

SHANA (Tehran) – The engineering manager of South Pars Gas Complex (SPGC) announced the start of comprehensive projects aimed at increasing production, reducing emissions, and improving infrastructure to ensure sustainable operations and enhance refinery and equipment performance.

Comprehensive production roadmap drafted at NIOC

SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) emphasized the continuation of increasing oil production through the end of the year, stating that due to measures taken, subsidiaries have had access to a comprehensive annual production roadmap since the beginning of the year.

West Karun oil fields eyed for 1 mbd production

SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) emphasized the need to strengthen the Arvandan Oil and Gas Company to achieve the goal of producing 1 million barrels of oil per day from the West Karun fields.

SP’s Refinery 12 plans for sustainable production

SHANA (Tehran) – The manager of the 12th refinery at South Pars Gas Complex announced targeted plans to increase production capacity, improve product quality, reduce pollutants, and enhance equipment reliability.

Government-Parliament cooperation key to resolving energy imbalance

SHANA (Tehran) – The head of the Institute for International Energy Studies emphasized the need for cooperation between the government and Parliament to achieve the strategic goals of the Seventh Development Plan in addressing the country’s energy imbalance.