Technology essential to move from research to operations

SHANA (Tehran) – At a specialized meeting, the deputy supervisor of production for shared oil and gas fields at the National Iranian Oil Company (NIOC) said Iran’s innovation and technology ecosystem has diverged from practical realities and must shift from a research-oriented approach to serving operational forces.

40% increase in liquid fuel delivery to power plants in 1403

SHANA (Tehran) – The CEO of National Iranian Oil Refining and Distribution Company (NIORDC) announced a 40% increase in liquid fuel delivery to power plants in the Iranian year 1403 (ended March 20) compared to 1402, stating that 21.8 billion liters of liquid fuel were supplied to power plants last year.

Iran unveils digital system for oil laboratory data management

SHANA (Tehran) -- Iranian Oil Terminals Company unveiled a smart comprehensive laboratory information management system here on Saturday on the sidelines of the 29th Iran International Oil, Gas, ‎Refining and ‎Petrochemical Exhibition, aiming to integrate data, enhance laboratory services, and accelerate processes.

South Pars gas production to increase by 15 mcm per day

SHANA (Tehran) – The CEO of the South Pars Gas Complex highlighted its role in supplying 73% of the country’s gas and announced the early start of major refinery overhauls, targeting a daily production increase of 10 to 15 million cubic meters (mcm) this winter.

MoU signed to develop oil export infrastructure

SHANA (Tehran) – A cooperation agreement was signed between the Iranian Oil Terminals Company and Sadra Company to develop export infrastructure.

Introducing investment opportunities at IOTC

SHANA (Tehran) – The CEO of the Iranian Oil Terminals Company (IOTC) announced the development of diverse investment packages in key sectors of the oil industry, emphasizing their role in sustainable development.

Oil industry must double development efforts to meet 7th plan goals

SHANA (Tehran) -- A significant increase in oil industry development activities is required to achieve the objectives of Iran’s Seventh Development Plan, said the CEO of Oil Petroleum Engineering and Development Company (PEDEC) here on Friday.

Renewable energy development in petrochemical industry

SHANA (Tehran) – The CEO of the Persian Gulf Renewable Energy Development Company announced plans to manage the electricity supply for subsidiary petrochemical companies using renewable energy, converting gas currently used for power generation into feedstock for petrochemical units.

Petchem industry boosts market position through diversification

SHANA (Tehran) – The head of international affairs at Iran’s National Petrochemical Company (NPC) emphasized the company’s focus on expanding export markets and enhancing its bargaining power in global trade.

Sustainable gas supply in winter: Result of integrated management at Oil Ministry

SHANA (Tehran) – The CEO of the National Iranian Gas Company (NIGC), Saeid Tavakoli, attributed the successful passage through the winter of 1403 (ended March 20) to integrated and coordinated management within the Oil Ministry. He stated that planning for the upcoming winter has been underway since the beginning of the year.

150,000-barrels increase in oil production under 14th administration

SHANA (Tehran) – The head of oil and gas production monitoring at the National Iranian Oil Company announced a 150,000-barrels increase in oil production in 1403 (ended March 20) despite a temporary halt in output from the Abouzar field.

Private sector welcomes investments in oil industry

SHANA (Tehran) – The director of the investment and marketing sector of the National Iranian Oil Company reported on the well reception of the private and public sectors in the oil industry’s investment plans and said although it has been a relatively short time from the investment event, we have received positive feedbacks.

Minister’s assistant’s emphasis on petchem chain value’s completion

SHANA (Tehran) – The oil minister’s assistant pointed to Iran’s petrochemical infrastructure development in the past three decades and emphasized the completion of its chain value.

NIORDC focuses on expanding modern transportation infrastructure

SHANA (Tehran) – A tripartite memorandum of understanding (MoU) was signed to develop electric vehicle (EV) charging infrastructure and establish shared battery swap stations at fuel stations across Iran. The agreement, aimed at expanding modern transportation infrastructure and promoting electric and shared mobility, was signed by the National Iranian Oil Refining and Distribution Company (NIORDC), Mapna Group, and the Oil Industry Research and Technology Fund.

Oil Industry supports NTBFs on path to industrial self-sufficiency

SHANA (Tehran) – The deputy minister of petroleum for engineering, research, and technology announced the ministry’s diverse programs to support knowledge-based companies, identifying first-time production as one of the most important ways to enhance these companies' role in the oil industry’s value chain.

MoU inked to replace 20,000 gasoline-powered motorcycles with electric ones

SHANA (Tehran) – A memorandum of understanding was signed to replace 20,000 gasoline-powered motorcycles with electric ones in Tehran as part of efforts to promote clean transportation, reduce air pollution, and cut fuel consumption. The agreement was signed between the National Iranian Oil Refining and Distribution Company, executive agencies, and companies active in urban logistics.

Smart operators to begin work at Oil Ministry soon

SHANA (Tehran) – The deputy for policy and planning of ICT and digital economy development at the Ministry of Communications and Information Technology announced that necessary licenses have been issued to launch smart operators at the Ministry of Petroleum, with their operations set to begin soon.

Paknejad:

Oil Ministry gears up oil contract approvals

SHANA (Tehran) – Oil Minister Mohsen Paknejad said Friday that since the start of the current administration, a dedicated team at his ministry has worked to address delays in finalizing oil contracts, reducing the approval process from several years to about six months.

Oil Ministry focuses on boosting appeal for non-gov’t investors

SHANA (Tehran) – The deputy of engineering, research, and technology at Iran’s Oil Ministry highlighted the minister’s emphasis on expanding cooperation with the private sector, stating that the ministry’s new phase will focus on creating innovative economic models and enhancing investment opportunities for non-government players in the oil industry.

Caspian Sea drilling operations resume after 3-decade halt on oil minister’s orders

SHANA (Tehran) – Oil Minister Mohsen Paknejad ordered the restart of exploratory drilling operations in the shallow waters of the Caspian Sea, deploying the drilling rig of the Northern Drilling Company in the Rudsar structure in Block 18 at a water depth of 70 meters.