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.
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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.
The managing director of the National Iranian Oil Products Distribution Company (NIOPDC) stated that the new version of the smart fuel system has been announced with the aim of increasing efficiency and is currently being implemented.
The average efficiency of Iran’s power plants has exceeded 39.6 percent, with efforts underway to sustain the upward trend, a senior official at the country’s Thermal Power Plants Holding Company (TPPH) said.
Iran is diversifying its fuel portfolio through the inauguration of 12 CNG stations, promotion of bioethanol use, and a system to convert gasoline-powered vehicles to dual-fuel models.
The CEO of NIOPDC confirmed that the gasoline quota for Nowruz holidays will remain unchanged, stating that adequate reserves have been secured.
Indian oil firms are discussing long-term LNG purchases with US suppliers ahead of Modi's meeting with Trump, seeking favorable terms amid India's efforts to reduce reliance on dirtier fuels.
India's fuel demand increased by 3.2% in January, despite lower consumption compared to December 2024 due to holiday travel and the end of the monsoon season.