Top process safety management projects selected in Iran’s oil industry

SHANA (Tehran) – The director general of health, safety and environment at the Oil Ministry announced the selection of outstanding projects implementing process safety management systems across affiliated oil industry companies for the Iranian year 1404.

Rumors of gasoline price hike denied

SHANA (Tehran) – The Public Relations Department of Iran’s Oil Ministry denied rumors circulating about an increase in gasoline prices, calling the claims baseless and stressing that any announcement about fuel price adjustments will be made only through official channels.

Management changes seen as catalyst for faster oil industry development

SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) described recent leadership changes as an opportunity to accelerate the development of Iran’s oil and gas sector, emphasizing that this direction will continue.

Gasoline consumption up 9m liters compared with last year

SHANA (Tehran) – The head of the National Iranian Oil Products Distribution Company (NIOPDC) said average daily gasoline consumption has reached 133 million liters since the start of the year, an increase of 9 million liters compared with the same period last year.

Energy Optimization Organization seen as step toward better energy governance

SHANA (Tehran) – The research and technology director of the National Iranian Gas Company praised the government’s creation of a new “Energy Optimization and Strategic Management Organization,” saying the structure could move the country closer to stronger energy governance.

No surprise measures planned on energy carriers

SHANA (Tehran) – The head of the Organization for Energy Policy and Strategic Management said Wednesday the public should have no concerns about possible changes to energy carriers, emphasizing that the government has no intention of surprising people with sudden decisions.

Petchem sector meets all first-year goals of Seventh Development Plan

SHANA (Tehran) – The head of Iran’s National Petrochemical Company said the petrochemical industry achieved 100% of its first-year targets under the Seventh Development Plan and called for stricter safety inspections and stronger process-safety systems.

Oil Ministry, Police ink MoU to combat fuel smuggling

SHANA (Tehran) – The National Iranian Oil Refining and Distribution Company, representing the Oil Ministry, and Iran’s Police signed an agreement aimed at strengthening coordination, creating smart monitoring mechanisms and expanding organized cooperation to protect national resources and curb fuel smuggling.

Iran reports $5.2b in annual fuel smuggling

SHANA (Tehran) – The head of Iran’s Economic Security Police said fuel products account for the largest share of outbound smuggling, valued at $5.2 billion annually. He said more than 20 million liters of fuel are smuggled out of the country each day, worth more than 1 trillion tomans.

Reforming financial terms; prerequisite for meeting oil production goals

SHANA (Tehran) – A deputy oil minister warned that without a reform of its financial relationship with the government, the National Iranian Oil Company (NIOC) – the nation's largest economic enterprise – risks bankruptcy in the coming years.

Acceleration urged for completing Basat Power Plant units

SHANA (Tehran) – The CEO of Pars Oil and Gas Company called for accelerating the completion and startup of units at the Basat combined-cycle power plant.

OPEC Report: Iran’s Oil Price Drops $5 in October

SHANA (Tehran) – The Organization of the Petroleum Exporting Countries (OPEC) announced in its latest monthly report (November) that the average price of Iran’s heavy crude oil fell by $5.07 per barrel in October compared with September.

Tehran Refinery completes overhaul with round-the-clock efforts by 2,000 workers

SHANA (Tehran) – The Tehran Oil Refining Company has completed a major overhaul of its facilities in just 18 days, thanks to the nonstop efforts of more than 2,000 workers, according to Mohammad Ali-Hashemi, the company’s maintenance and repair manager.

Gov't takes unprecedented steps to curb gas flaring:NIOC

SHANA (Tehran) - The head of the National Iranian Oil Company (NIOC) described the 14th administration’s efforts to collect and curb flared gas as “unprecedented,” saying the company is working to accelerate gas recovery and reduce environmental challenges through new contracts and ongoing cooperation with environmental organizations.

Household sector leads gas consumption with 2.44 bcm in seven days

SHANA (Tehran) – Iran’s natural gas consumption across its three main sectors — power plants, major industries, and the household-commercial-small industries group — totaled about 5.15 billion cubic meters over the past week. The household, commercial, and small industries sector accounted for the largest share, consuming more than 2.44 billion cubic meters.

Parliament Research Center endorses Oil Ministry’s performance under Seventh Development Plan

SHANA (Tehran) – The Iranian Parliament’s Research Center has praised the Oil Ministry’s performance during the first year of the Seventh Development Plan, reporting that the ministry’s output exceeded expectations in key areas such as production growth. However, the report noted that financing remains the main challenge to fully implementing the five-year plan.

45,000 gas-fueled cars to save 161m liters of gasoline annually

SHANA (Tehran) – The director of the CNG project at the National Iranian Oil Products Distribution Company announced the signing of two major agreements with domestic firms active in vehicle gas conversion, saying the contracts—worth a total of $23 million—will help save about 161 million liters of gasoline annually.

Parliament presidium spox: Gasoline smuggling drains national resources

SHANA (Tehran) – The spokesman for the presidium of the Iranian Parliament said gasoline smuggling is destroying the country’s resources, adding that widespread waste and extravagance must be addressed through planning, sound decision-making and more efficient resource management.

South Pars: Symbol of energy resilience, stability in times of crisis

SHANA (Tehran) – The head of Iran’s Passive Defense Organization said the South Pars Gas Complex safeguarded national energy security by maintaining continuous production during the recent 12-day conflict and by implementing passive defense strategies, supported by the dedication of its workforce.

Parliament reports steady oil sector progress under Seventh Development Plan

SHANA (Tehran) – The head of Iran’s Parliament Energy Committee said the oil industry performed positively in the first year of the Seventh Development Plan, noting progress in implementing key provisions such as the collection of flare gas and the increase in production of petroleum products.

Paknejad:

Iran meets first-year oil targets under Seventh Development Plan

SHANA (Tehran) – Oil Minister Mohsen Paknejad announced that despite limited financial resources, all quantitative targets for the first year of Iran’s Seventh Development Plan have been fully achieved. He said experts estimate that meeting the plan’s overall objectives will require about $190 billion in funding.

Plan to transfer water to West Karoun Oil Fields approved

SHANA (Tehran) – The conceptual and basic design manager of the Karoun Basin Water Supply and Injection Project said the plan to supply and transfer water for injection into the West Karoun oil fields has been approved at the provincial level.

PetroCrowd launches crowdfunding drive for oil projects

SHANA (Tehran) – The first crowdfunding campaign in Iran’s oil industry, launched through the PetroCrowd platform, reached its funding goal in less than four days, drawing strong investor interest. Information on the second investment project has now been published on the platform’s website, and the investment period will begin soon.

MP: Oil Ministry exceeds goals in Seventh Development Plan

SHANA (Tehran) – The Oil Ministry has outperformed several targets set in the first year of Iran’s Seventh Development Plan, particularly in crude oil production capacity, crude output, raw gas production, and flare gas recovery, according to a parliamentary report.

Eight CNG stations launched nationwide

SHANA (Tehran) – Eight new compressed natural gas (CNG) stations have been inaugurated across Iran to promote the use of clean fuel and increase CNG’s share in the national energy mix. The projects represent a total investment of 6.1 trillion rials.

Gachsaran Oil and Gas Production Company meets full production target

SHANA (Tehran) – The CEO of the company announced that the forecasted production plan has been fully realized. He stated that the company, which accounts for 25 percent of the country's oil production and serves as the gateway for Iran's oil exports in the south, plays a strategic role in national energy security.

Facilitating oversight needed to ensure stable production: NIOC

SHANA (Tehran) – The head of the National Iranian Oil Company called for a more facilitative approach from oversight bodies, saying it is essential for supporting the industry’s national mission as the country prepares for heightened winter gas demand.

Tehran’s household gas use up 67%

SHANA (Tehran) – The spokesperson for the Tehran Province Gas Company said household, commercial, and small industrial gas consumption in the province exceeded 57 million cubic meters in the past 24 hours — a 67% increase compared with the same day last week.

Household gas consumption nears 380 mcm per day

SHANA (Tehran) – Household gas use is surging, reaching 378.44 million cubic meters on Friday, as residential, commercial, and small industrial sectors take the lead in overall consumption for mid-November.

High-efficiency heaters save 466 cubic meters of gas annually per unit

SHANA (Tehran) – The CEO of Iran Gas Commerce Co. said each high-efficiency heater can save about 466 cubic meters of natural gas annually on average, noting that the saved gas in households can be redirected to productive sectors such as industry.