Kerman province has cemented its role as Iran’s top solar energy hub, with over 8,000 MW of projects permitted, allocated, and under construction, according to Governor-General Mohammad Ali Talebi.
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About 53 million liters of gasoline are distributed daily in Iran using station emergency fuel cards, the head of the National Iranian Oil Products Distribution Company said.
Iran’s Lordegan Petrochemical Complex set new October records for urea and ammonia output after a catalyst upgrade, generating $100 million in foreign currency from urea exports.
Petrochemical Pardis Company and Pars Special Economic Energy Zone Organization signed an MoU to boost Iran’s urea exports by securing 30,000 tons of storage and a dedicated dock for direct shipments.
Iran’s Bushehr Province’s industry chief warned that despite hosting South Pars and many petrochemical plants, the region gains little economic benefit, urging a rapid focus on downstream development and retaining financial resources locally.
Iran’s NIOC Managing Director Hamid Bord, during a surprise visit to the delayed Kesht and Konartakhteh oil fields, demanded an immediate overhaul of the development schedule and warned that no further delays will be accepted.
The National Iranian Oil Company will start producing 5 million cubic meters of gas daily from the Khartang field in December 2025, four months ahead of schedule, strengthening Iran’s energy security.
The CEO of Isfahan Oil Refinery said the refinery’s flare gas recovery project has reached 85% physical progress and is scheduled to come online by the end of 2025. The project is being implemented with a budget of more than 6.8 million euros and 520 billion rials.
The head of the National Iranian Oil Refining and Distribution Company said 391 million liters of low-sulfur mazut had been delivered to four thermal power plants by late November.
The Iranian Ministry of Economic Affairs and Finance (MEAF) unit says it is investigating a controversial instant payment made by a convicted fuel smuggler to secure his release from custody.
Iran, China, Kazakhstan, Uzbekistan, Turkmenistan and Turkey signed a multilateral agreement in Istanbul aimed at expanding rail freight movement along the southern branch of the Eurasian transit corridor, reinforcing Iran’s position as a core gateway for container traffic between China and Europe.
Iran’s President Masoud Pezeshkian said the government is fully prepared to manage the coming winter and emphasized that if each individual, household or organization cuts energy use by just 10 percent, the country could save between 800,000 and 900,000 barrels of oil per day.
Iran plans to create an independent banking system dedicated to its free trade zones as part of a broader effort to overhaul the country’s economic governance, the economy minister said, adding that free zones will serve as the launchpad for structural reform.
The US Treasury Department imposed sanctions on a network of front companies and shipping intermediaries accused of facilitating Iran’s oil sales, in what it described as an effort to curb Tehran’s oil revenue.
The Aghar–Dalan, Dey, and Sefidzakhur operational region in Iran has completed its annual overhaul under difficult conditions and is prepared for maximum gas production in the cold season.
Iran has released a foreign-flagged tanker it seized in the Persian Gulf last week after offloading its cargo, a report has said.
The director general of health, safety and environment at the Oil Ministry announced the selection of outstanding projects implementing process safety management systems across affiliated oil industry companies for the Iranian year 1404.
The president of Iran underscored the need for fundamental reforms in the energy sector, saying the government plans to gradually replace household gas consumption with electricity to free up more natural gas for industry and boost national value creation.
Senior officials from Iran’s ICCIMA and Afghan economic bodies signed multiple cooperation agreements in Kabul to boost trade, investment and technical collaboration in mining, agriculture, energy and healthcare sectors.
Shahram Ahmadi, director general for health, safety and environment at Iran’s Oil Ministry, said process safety management is the industry’s top strategy to secure production stability and cut losses, with nearly 90 percent of oil companies already implementing the system.