Iran's Islamic Revolution Guards Corps (IRGC) Navy has seized an oil tanker off the southern coast of Makran under a judicial order over violations by the vessel.
IRAN Feed Atom
A senior Chinese business leader in Tehran said Iran–China trade could expand several-fold if structural barriers are removed, citing vast untapped economic and geopolitical potential.
Mohammadreza Joulaei, production coordination and oversight director at the National Iranian Gas Company, announced that the country’s gas network remains stable despite household and commercial consumption nearly doubling due to colder weather, with all refineries fully operational after scheduled maintenance.
Iran’s industrial parks have boosted solar capacity from 23 MW to 400 MW in one year, advancing ISIPO’s plan to power them fully with renewables.
President Masoud Pezeshkian on Wednesday chaired a meeting to review plans aimed at increasing production and addressing imbalances in the country’s energy sector.
The head of oil and gas production supervision at the National Iranian Oil Company (NIOC) described Health, Safety and Environment (HSE) as the backbone of the company’s value chain, emphasizing the importance of HSE participation from the design phase through operations to minimize potential risks.
Iran’s renewable energy capacity is hoped to reach 4,000 megawatts (MW) by the end of the next Iranian calendar month (December 21), according to Mohsen Tarztalab, deputy energy minister and head of the Renewable Energy and Energy Efficiency Organization (SATBA).
The Iranian Parliament’s Research Center has praised the Oil Ministry’s performance during the first year of the Seventh Development Plan, reporting that the ministry’s output exceeded expectations in key areas such as production growth. However, the report noted that financing remains the main challenge to fully implementing the five-year plan.
The director of the CNG project at the National Iranian Oil Products Distribution Company announced the signing of two major agreements with domestic firms active in vehicle gas conversion, saying the contracts—worth a total of $23 million—will help save about 161 million liters of gasoline annually.
Iran and Kuwait have signed a five-point agreement to expand trade and investment following the 13th Joint Trade Committee meeting in Kuwait, held after an 11-year pause, according to the Trade Promotion Organization of Iran (TPO).
Abadan Refinery has launched a plan to increase Euro-4 gasoline production by 66% as part of efforts to cut air pollution, improve fuel quality and enhance the quality of life for millions of residents in Khuzestan Province.
head of Iran’s Passive Defense Organization said the South Pars Gas Complex safeguarded national energy security by maintaining continuous production during the recent 12-day conflict and by implementing passive defense strategies, supported by the dedication of its workforce.
Eight new compressed natural gas (CNG) stations were inaugurated simultaneously across Iran on Sunday, November 9, aiming to expand the share of CNG in the country’s fuel mix and promote clean energy use.
The head of Iran’s Parliament Energy Committee said the oil industry performed positively in the first year of the Seventh Development Plan, noting progress in implementing key provisions such as the collection of flare gas and the increase in production of petroleum products.
Iran’s Oil Minister Mohsen Paknejad said Monday there are currently no plans to change the quotas or prices for subsidized fuel in personal smart cards.
Iran has set a new record in its oil exports despite the continued pressure of US and UN sanctions, according to the latest data from a leading energy analytics firm.
The Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) has signed a memorandum of understanding with the International Union of Small and Medium-Sized Enterprises of Shanghai to expand bilateral industrial and economic cooperation, including a proposal by Chinese companies to help establish a smart industrial park in Iran.
The head of the National Iranian Oil Company called for a more facilitative approach from oversight bodies, saying it is essential for supporting the industry’s national mission as the country prepares for heightened winter gas demand.
Iran inaugurated its Trade Development Center in Shanghai in a ceremony attended by Tehran Chamber of Commerce Chairman Mahmoud Najafi Arab and Secretary General Fereydoun Vardinejad, honoring Vardinejad for his role in strengthening Iran–China ties.
The National Iranian Oil Company (NIOC) is fully prepared to ensure a stable gas supply during the winter season, the company’s managing director said Sunday.