Overhaul of gas compression stations begins in south oil-rich regions

SHANA (Tehran) – The deputy director of production, gas compression, and gas injection at the National Iranian South Oil Company announced the start of overhauls at gas pressure boosting stations by the maintenance department. The effort aims to ensure maximum readiness for the upcoming winter and guarantee stable gas supply to the national grid.

23% increase in gas injection into Shourijeh storage facility

SHANA (Tehran) - The CEO of Shahid Hashemi-Nejad Gas Refinery announced that 589 million cubic meters of gas have been injected into the Shourijeh storage reservoir since the start of the injection season (spring) through June 5 this year.

Over 800m liters of gasoline consumed during early June holiday

SHANA (Tehran) - From June 2 to 7, more than 801 million liters of gasoline were distributed and consumed across the country, bringing the average daily consumption during this period to over 133 million liters. 

Privatization in petrochemical industry completed

SHANA (Tehran) - The head of Iran’s Privatization Organization announced the transfer of approximately 65 petrochemical companies to the private sector and non-governmental public institutions, stressing that the government no longer holds a significant stake in the industry. 

South Pars gas production rises with second infill well coming online  

SHANA (Tehran) - The CEO of Pars Oil and Gas Company (POGC) announced the completion of the second infill drilling well at the SPD1 platform in Phase 1, stating that its operation has increased South Pars gas field’s daily production capacity by 1.8 million cubic meters.  

NPC:

Full utilization of petchem industry capacity requires $18b investment

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized the need for stable feedstock supply, stating that addressing challenges and fully utilizing the petrochemical industry’s potential requires an investment of approximately $18 billion.

Innovative EOR Potential in Iran

Enhanced Oil Recovery (EOR) techniques have become indispensable in the global oil industry, particularly as conventional oil reserves dwindle and the energy demand continues to rise.

Petrochemical Research and Technology Company focuses on commercializing technical knowledge

SHANA (Tehran) – The CEO of the Petrochemical Research and Technology Company (NPC-RT) emphasized the localization of technical knowledge for oil industry catalysts in collaboration with new technology-based firms (NTBFs) as the company’s most significant achievement.

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.