Positive shifts ahead for investment in oil industry

SHANA (Tehran) – A member of Iran’s Expediency Council said positive changes are on the way for investment in the oil industry, adding that financing will soon be available to all qualified participants, a move expected to create a significant boost in the sector.

Oil industry working hours changed

SHANA (Tehran) – The Ministry of Oil’s Office for Drafting and Coordinating Administrative and Employment Regulations has announced changes to working hours for oil industry employees from December 22, 2025 through April 4, 2026.

Iran inks $262m in first-of-its-kind oil industry production contracts

SHANA (Tehran) – Iran signed $262 million worth of first-of-its-kind production contracts in the oil industry, a deputy oil minister said, adding that full implementation is expected to save the country more than $2 billion in foreign currency.

Introduction of caretaker of Oil Industry Archives and Museums Center

SHANA (Tehran) – A ceremony was held to introduce Majid Boujarzadeh as the new caretaker of the Oil Industry Archives and Museums Center and to honor Hossein Shameli, the former director, with the attendance of the head of the minister’s office.

Private sector key to advancing self-sufficiency in oil industry

SHANA (Tehran) – The commander of Khatam al-Anbiya Construction Headquarters emphasized the role of the private sector in delivering the country’s energy projects, saying Iran has achieved an acceptable level of self-sufficiency across the oil and gas value chain, from upstream to downstream, with many of the bottlenecks that once hindered self-reliance now resolved.

Human capital is pillar of sustainable development in oil industry

SHANA (Tehran) – The CEO of the National Iranian Gas Company said sustained attention to the oil industry and its workforce is essential to achieving sustainable development, adding that the first step toward administrative integrity is a proper understanding of upstream policy documents and the clear, operational definition of the legislature’s expectations.

NIOC:

Process reform most effective tool in fight against corruption

SHANA (Tehran) – The CEO of the National Iranian Oil Company stressed the need for integrity, justice and transparency in the administrative system, saying an effective fight against corruption depends primarily on reforming processes, enforcing the law, promoting a culture of compliance and ensuring managers demonstrate commitment to administrative integrity in practice.

First Administrative Health Conference in oil sector to be held

SHANA (Tehran) – The first Administrative Health Conference in Iran’s oil industry will be held Monday at the Oil Ministry’s central headquarters, with senior ministry officials in attendance.

Bahregan region plays key role in Iran’s offshore oil production, exports

SHANA (Tehran) - The Bahregan operations chief at the Iranian Offshore Oil Company (IOOC) said the region, which covers the major Bahregansar, Hendijan, Soroush and Norouz fields, is not only a center of offshore crude production, but also a strategic hub for receiving, storing and exporting crude oil and condensate.

Paknejad calls for fair competition in oil industry hiring

SHANA (Tehran) – The oil minister stressed the need to create a fair competitive environment for recruiting graduates from all universities into the oil industry, saying the ministry is working to expand hiring capacity in line with industry needs.

Oil industry lauded for resilience during 12-day war

Passive defense urged to be institutionalized

SHANA (Tehran) — The deputy oil minister for engineering, research and technology praised Iran’s oil industry for its flawless performance during the recent 12-day war, saying that unified command, proactive drills and production resilience were key to the sector’s success in passing what he called “a major national test.”

Minister: Oil industry leads Iran’s economic resilience

SHANA (Tehran) – Oil Minister Mohsen Paknejad said the oil industry is the main pillar of Iran’s economic resilience and plays a leading role in overcoming the country’s challenges.

Limited time to tap Iran’s oil resources

SHANA (Tehran) – The investment and business development director of the National Iranian Oil Company (NIOC) warned that without reforms in policymaking and financing, a significant portion of the country’s underground oil and gas resources may never be extracted.

Iran sets new oil, gas production records despite sanctions, war

SHANA (Tehran) — Iran’s oil industry has posted record production levels of crude oil and natural gas despite facing sanctions, energy shortfalls and the impacts of war, according to government data.

Leader grants permission for NDF to invest in energy sector

SHANA (Tehran) – The head of the National Development Fund’s executive board announced that the Leader has granted unprecedented permission for the fund to invest in oil, gas, and electricity sectors.

Iranian experts produce safety valve parts for Salman platform

SHANA (Tehran) – Specialists at Iranian Offshore Oil Company (IOOC) designed and manufactured spare parts for safety valves at the Salman oil and gas platform using domestic expertise and reverse engineering, overcoming challenges posed by international sanctions.

OPEC data: Global energy demand to rise 23% by 2050

SHANA (Tehran) – Global energy demand is projected to increase by 23% by 2050, while the world’s population is expected to grow by only 18% in the same period. Changing lifestyles and a 20% rise in urbanization rates will be the key drivers behind this surge in energy demand.

Oil industry staff at the forefront of Iran’s economic resilience

SHANA (Tehran) – A member of the Iranian Parliament's Energy Committee praised oil industry workers for their unwavering efforts to protect vital energy infrastructure and maintain uninterrupted production during the 12-day war, calling it a testament to their deep commitment to the country and the Islamic Republic.

Uninterrupted efforts of Iran’s oil industry during 12-day imposed war

SHANA (Tehran) - A member of Iran’s Parliament praised the vital role of oil industry workers during the 12-day conflict, stressing that through their tireless efforts and exceptional bravery, they ensured the country’s fuel production and distribution never stopped — not even for a single day.

Resilience during the 12-day war:

From daily distribution of 200m liters of gasoline to sustained production

SHANA (Tehran) – For 12 days, as Iran faced attacks from the Zionist regime and an imposed war, the oil industry operated seamlessly—unshaken and unwavering. It stood firm, ensuring no home was left without power and no fuel shortages disrupted the nation.

Iran’s economic sector effectively handled wartime pressures

SHANA (Tehran) – Iran’s first vice president said that on the first day of the 12-day war, gasoline consumption exceeded production by 80 million liters, but the situation was managed effectively due to collective efforts on the economic front, with the oil industry performing notably well during the crisis.

Oil industry’s performance during war exemplified crisis management

SHANA (Tehran) – A member of the Iranian Parliament’s Energy Committee described the oil industry’s performance during the 12-day war with the Zionist regime as a prime example of infrastructure resilience, centralized command and organizational cohesion.

NIOC: Oil industry did not halt amid threats

SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) described Operation "True Promise 3" as a symbol of the Islamic Republic of Iran's defensive strength and the nation’s decisive response to enemy aggression.

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.

Iran’s oil industry must tap reserves to turn potential into power

SHANA (Tehran) – A senior oil expert stated that "power in the oil market originates at the wellhead," emphasizing that vast hydrocarbon reserves hold no operational economic value until they are extracted and utilized.

Revive exploration council to secure Iran’s oil future, says former NIOC director

SHANA (Tehran) – Saleh Hendi, former exploration director of the National Iranian Oil Company (NIOC), emphasized the strategic role of exploration in the future of the oil industry and called for the revival of the Supreme Exploration Council and greater attention to this sector by senior managers. He stated, "Exploration workers are the unsung pioneers of the oil industry."

Advancing oil exploration with cutting-edge tech, private sector partnerships

SHANA (Tehran) – The deputy oil minister announced that Iran is ahead of its planned exploration targets, expressing hope that new technologies will help discover additional oil fields—even smaller ones—while facilitating private sector involvement through IPC contracts or other models.

Iran’s oil industry: From Masjed Soleyman to new exploration frontiers

SHANA (Tehran) – The former exploration director of the National Iranian Oil Company (NIOC) described the 1908 oil discovery in Masjed Soleyman as a turning point in Iran’s modern history.