BREAKING NEWS Feed Atom

Gas production in SP phases 22-24 to increase by 4mcm per day
15 June 2026
1:32 PM
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The project manager for the development of South Pars phases 22-24 said: With the start of drilling operations for new wells in these phases in the near future and the completion of the remaining sections, the rich gas production capacity of this project will increase by approximately 4 million cubic meters per day.

New well lifts South Pars Phase 11 output
14 June 2026
2:21 PM
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A new production well has been brought online at Phase 11 of the South Pars gas field, boosting output from the project to more than 26 million cubic meters of rich gas per day, according to the head of Pars Oil and Gas Company.

Petrochemical supply up as market stability holds
11 June 2026
7:02 AM
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The supply of petrochemical products to Iran’s downstream industries is improving, with higher product availability and continued price stability helping the market move toward balance, according to a senior official at the National Petrochemical Company (NPC).

CNG expansion key to cutting gasoline use
10 June 2026
7:12 AM
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Developing compressed natural gas (CNG) infrastructure is one of the most effective ways to reduce gasoline consumption, a member of Parliament’s Energy Committee said, stressing that past experience has demonstrated CNG’s significant role in managing fuel demand.