Iran
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Historic gas transmission records achieved during challenging winter of 1403
SHANA (Tehran) – The winter of 1403 brought unprecedented challenges to Iran’s gas industry, including early and prolonged cold spells, high-level management changes, and increased household gas demand.
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17 mcm of gas sent from SP Refinery 8 to national network
SHANA (Tehran) – The director of the eighth South Pars refinery announced the transfer of over 17 million cubic meters (mcm) of sweetened gas to the national pipeline and the production of 19 million barrels of gas condensates in the year 1403.
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Movement toward sustainable development in oil industry relies on investors’ role
SHANA (Tehran) – A member of Iranian Parliament called the "Transformation in Investment and Upstream Oil & Gas Development" event a significant step toward economic growth and sustainable development in Iran.
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Iran’s oil opportunities: Gas refinery development
SHANA (Tehran) – Iranian Central Oil Fields Company (ICOFC) has plans to introduce an investment opportunity in gas refinery development with a daily refining capacity of 20 million cubic meters at the "Transformation in Investment and Development in Iran’s Oil and Gas Upstream" event.
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South Pars Phase 11 gas production hits 20 mcm
SHANA (Tehran) – The CEO of Pars Oil and Gas Company announced the completion of drilling and the start of operations at the eighth well in South Pars Phase 11, stating that gas extraction from this phase has increased to 20 million cubic meters (mcm) per day.
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Iran Oil Show 2025 to focus on investment
SHANA (Tehran) – The poster for the 29th International Oil, Gas, Refining, and Petrochemical Exhibition (Iran Oil Show 2025) was unveiled with the slogan "Investment in the Oil Industry Ensures Economic Growth and Development."
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Iran’s oil opportunities: Gas sweetening
SHANA (Tehran) – One of the most attractive investment opportunities in Iran’s oil and gas industry is gas sweetening, which offers significant benefits, including: - Boosting GDP and foreign currency earnings - Reducing emissions and environmental impact - Helping address gas supply shortages
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Developing growth-oriented approach in oil, gas industry
SHANA (Tehran) – The CEO of Pasargad Exploration, Development and Production Company emphasized the importance of fostering a growth-oriented approach in oil and gas field operations, stating that institutionalizing this mindset across government bodies and industry players would optimize resource use, improve critical infrastructure, and boost economic prosperity.
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MP:
Investment in oil key to turning potential into national wealth
SHANA (Tehran) – A member of Iran's Parliamentary Industries and Mines Committee said the country’s oil and gas sector holds immense potential, which – if managed properly – could generate significant added value for the nation.
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Spox: Gov’t offices to be powered by renewable energy
SHANA (Tehran) – Government spokesperson Fatemeh Mohajerani announced Sunday on her X account that the administration has begun implementing measures to address energy shortages, starting with its own operations.
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Iran’s oil opportunities: Rapid-deployment skid-mounted units for crude processing
SHANA (Tehran) – Projects using skid-mounted equipment to speed up crude oil processing will be introduced at the "Transformation in Investment and Upstream Oil Industry Development" event, highlighting the efforts of the National Iranian South Oil Company.
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Iran’s refining opportunities: 24 golden investment prospects up for grab
SHANA (Tehran) – The investment director of National Iranian Oil Refining and Distribution Company highlighted the company’s focus on increasing refining capacity, developing transfer infrastructure, and improving product quality, announcing 24 investment opportunities in the sector.
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Moscow to host 18th Iran-Russia Economic Commission meeting
SHANA (Tehran) – The 18th meeting of the Iran-Russia Joint Economic Cooperation Commission will be held in Moscow from April 22 to 24.
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Iran’s oil opportunities: Gas pressure boosting stations
SHANA (Tehran) – Five sour gas pressure boosting station projects, aimed at collecting, pressurizing and transferring up to 108 million cubic meters per day of associated gas, will be introduced to investors at the Transformation in Investment and Development in Iran’s Upstream Oil and Gas event.
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16 specialized sessions to be held at Oil Industry Investment Transformation Event
SHANA (Tehran) – Amir Moqiseh, investment and business development manager at the National Iranian Oil Company (NIOC), said 16 specialized sessions will be held at the Investment and Development Transformation Event in Iran’s upstream oil and gas sector.
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Iran's oil opportunities: Smart pigging as a step toward safety, sustainability
SHANA (Tehran) - The National Iranian Oil Company (NIOC) has plans to introduce a new project to develop smart pigging technology, creating fresh opportunities for domestic and foreign investors in the oil and gas sector.
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Support for investors 'will transform Iranian oil industry'
SHANA (Tehran) – The former CEO of the National Iranian Tanker Company (NITC) emphasized the need to support Iranian investors in the oil and gas sector, stating that ensuring the welfare of the public is only possible through effective backing of investors, particularly domestic investors and Iranians living abroad.
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South Pars Gas Complex improves overhaul process
SHANA (Tehran) – The CEO of the South Pars Gas Complex emphasized that this year’s overhaul process has been more organized than in previous periods and announced that refineries are being prepared for stable production ahead of the upcoming winter.
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Iran’s Region 8 gas transmission surpasses 32 bcm
SHANA (Tehran) – The director of Iran’s Region 8 gas transmission operations reported that over 32 billion cubic meters (mcm) of natural gas were transferred from the region in the past year (1403 in the Persian calendar), citing public participation as a key factor in maintaining the transmission network’s stability.
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MP:
Oil, gas: Path to sustainable development
SHANA (Tehran) – The deputy chairman of the Iranian Parliament’s Energy Committee stated that oil and gas are central to achieving sustainable development, emphasizing that Iran, as one of the world’s largest holders of oil and gas reserves, has unparalleled potential to generate wealth and advance sustainable development.
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Lawmaker:
Investment in oil, gas upstream sector key to sustainable energy development
SHANA (Tehran) – The head of the Entrepreneurship and Removing Production and Employment Barriers faction in Parliament said that in a year designated for boosting production as the country’s central goal, focusing on the oil and gas upstream sector has become even more critical.
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MP:
Building trust for investment key to sustainable development in oil, gas
SHANA (Tehran) – A member of the Iranian Parliament’s Energy Committee said that as this year has been designated the "Year of Investment for Production," one of the main challenges in achieving this goal is building public trust in investment processes.
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Iran oil opportunities: Support projects in strategic regions
SHANA (Tehran) – The National Iranian Oil Company (NIOC) will unveil a comprehensive plan to invest in support projects aimed at developing oil industry infrastructure and bolstering related operations. These projects involve activities by the Caspian Oil Company, Iran Offshore Oil Co., Iranian Oil Terminals Company, and the Pars and Lavan special economic zones.
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Redefining oil contracts: An endless battle amid sanctions
SHANA (Tehran) – Iran’s oil industry, grappling with sanctions and regional competition, is redefining its contracts to boost appeal and attract investors—a shift that could free the sector from constraints and open new avenues for international cooperation.
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Iran’s oil opportunities: Onshore, offshore oil, gas fields development
SHANA (Tehran) - Iran’s oil industry is set to witness a major event on April 22, coinciding with progress in indirect talks between Iran and the US.
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Expanding Iran-China petchem cooperation under review
SHANA (Tehran) – The CEO of Iran’s National Petrochemical Company discussed opportunities to expand cooperation with Chinese firms during Iran Day at the CHINAPLAS 2025 exhibition.
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Iranian representatives selected as vice chairs for World Petroleum Congress forums
SHANA (Tehran) – Iran’s nominated candidates have been elected as vice chairs for forums at the 25th World Petroleum Congress (WPC) in Saudi Arabia, an event that brings together global energy industry leaders.
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Historic Chance for Iran to Enter European Energy Market
SHANA (Tehran) - Amid US President Donald Trump’s threats to squeeze Iranian oil exports down to zero while increasing tariffs for many countries, seasoned Iranian diplomat Ramin Mehmanparast says Iran is facing a historic opportunity to benefit from the ongoing tariff war between the United States and the European Union (EU). In an interview with” Iran Petroleum”, he stated that Iran can meet the EU’s commodity needs via the North-South corridor.
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Iran, Russia stress development of joint oil fields
SHANA (Tehran) – Iran’s Oil Engineering and Development Company and Russia’s ZNV Vostok reviewed existing challenges and emphasized strengthening technical cooperation and accelerating development projects in shared oil fields.
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Convergence of oil and politics: From Muscat to Tehran
SHANA (Tehran) – As Iran’s foreign policy team negotiates to lift sanctions, the Ministry of Oil, tasked with energy diplomacy, has been actively preparing to attract both domestic and international investors.