Major repairs and installation of a new heat exchanger have increased the gasoline production capacity at the Persian Gulf Star Refinery by three million liters.
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The investment director of the National Iranian Oil Refining and Distribution Company (NIORDC) emphasized the need for a detailed strategic plan to achieve the refining industry’s vision, stating that implementing new policies to attract investment, ensure energy security, and improve supply chain efficiency is essential.
The CEO of Abadan Oil Refining Company announced the production of fuel for light aircraft using a new formulation at the refinery. Fardin Rashidi stated that the product is sulfur-free and of significantly higher quality than previous fuels.
The development of electric vehicle (EV) infrastructure has begun under the Iranian Oil Ministry, following a recent approval by the Economic Council.
Iran’s private sector has expressed strong support for the beginning of indirect talks between Tehran and Washington, citing the potential for improving the country’s economic landscape.
India is raising the excise duty on gasoline and diesel effective April 8, the government said on Monday, but noted that the increase in the excise duty would not be felt at the pump.
National Iranian Oil Refining and Distribution Company has increased gasoline production at the Isfahan refinery by two million liters per day, according to the company’s head.
Gasoline consumption in Iran reached over 150 million liters on Tuesday, marking a 17% increase compared to the same period last year.
"During the operation on Monday, the IRGC Navy seized two tankers called Start 1 and Vintage, which were carrying more than three million liters of smuggled diesel fuel," PressTV reports.
The manager of the North Region Oil Pipelines and Telecommunications Company announced the continued readiness and efforts of staff to supply oil products to Mazandaran province and maintain preventive storage in recent weeks through the end of the holiday season.
The managing director of Persian Gulf Star Oil Company reported a four million liter increase in daily gasoline production in Iran's Persian Gulf Star Refinery during the second half of 2024.
The CEO of the Fuel Consumption Optimization Company announced emergency and operational plans to reduce energy consumption in three sectors: industry, transportation, and construction.
The CEO of the National Iranian Oil Products Distribution Company stated that the company’s mission is to ensure fuel supply and emphasized that sufficient gasoline has been stored in oil depots.
The price of jet fuel for domestic airlines rises starting March 21, 2025. According to a legal resolution, the new rate, including value-added tax, will be set at 143,000 rials per liter.
Iran has reported a new record in its gasoline consumption as motorists take to the roads at the start of a busy travel season that coincides with the Persian New Year holidays.
India has passed legislation intended to encourage oil and gas exploration to help meet its energy needs, a move that highlights the difficulty of persuading the world’s most populous nation to phase out fossil fuels.
Iran has supplied 20.8 billion liters of liquid fuel to the country's power plants since the beginning of the current Iranian year (late March 2024), the head of the National Iranian Oil Products Distribution Company (NIOPDC) said.
India's electricity demand is predicted to increase by 6.3% annually over the next three years, accounting for 10% of global electricity demand by 2027, according to the International Energy Agency.
During February 22-28, a record-breaking 660.236 million liters of liquid fuel for power plants were delivered, a 44% increase from the same period last year.
The average daily distribution of mazut to power plants from February 19 to 24 reached 58 million liters, marking a 132% increase compared to the same period last year, when the average daily delivery was 25 million liters.