The first vice president of Iran announced that developing shared oilfields is a key strategy of the 14th Iranian administration.
IRAN Feed Atom
Iran's Renewable Energy and Energy Efficiency Organization (SATBA) is inviting investors to participate in the construction of renewable energy power plants to address the country's electricity imbalance.
The National Iranian Gas Company reported a record consumption of 641 million cubic meters of gas in residential, commercial, and small-scale industries, marking a new Iranian year high.
A member of Iran’s Parliament Energy Committee said that conserving electricity and gas is a national responsibility, urging citizens to help address the energy imbalance through efficient consumption.
EAEU Minister of Trade Andrey Slepnev emphasized Iran's significance in the free trade agreement, citing its strategic position on the EAEU's southern borders and involvement in the INST.
South Pars Gas Complex's managing director reports full capacity of refineries, delivering over 855 million cubic meters of gas daily to the national network.
The Iranian Oil Minister Mohsen Paknejad visited the National Gas Dispatch Center on Saturday to assess the current state of gas supply across the country as a new cold front hit Iran.
The Iranian president stressed the importance of simultaneously addressing both energy production and household consumption while managing energy imbalances and air pollution in major cities.
Iranian president on Thursday evening called on the public to conserve gas, emphasizing that collective efforts are needed to ensure the uninterrupted supply of fuel across the country.
Iran’s crude oil production increased by 37,000 barrels per day (bpd) in November compared to the previous month, according to the latest report from the Organization of the Petroleum Exporting Countries (OPEC).
Iran and Serbia reaffirmed their commitment to strengthening economic cooperation during a meeting between Serbia’s ambassador and Iran’s minister of finance and economic affairs.
Iranian Oil Minister Mohsen Paknejad has been elected as the rotating president of the Organization of the Petroleum Exporting Countries (OPEC) for 2025.
Iran will soon sign contracts to increase gas production capacity before the end of the current Iranian calendar year (late March 2025), Oil Minister Mohsen Paknejad stated.
The Iranian minister of oil outlined key decisions from the 189th (Ordinary) Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC), emphasizing the importance of public cooperation for stabilizing the gas network.
Shazand Oil Refinery's managing director reported 95% localized parts and equipment, with hopes to reach 100% by year-end through collaboration with domestic manufacturers and producers.
The director of the National Gas Network Operations Control Center announced that with the arrival of new cold fronts, daily gas consumption in the residential, commercial, and small industrial sectors hit a record high of 600 million cubic meters on December 9.
The Iranian government spokesperson said: "While the imbalance in gasoline supply is a reality, there is no plan to increase gasoline prices."
Iranian President Masoud Pezzekian stated that excessive consumption of gas and electricity is putting a lot of pressure on the supply network, warning: "If we do not save money, we may be forced to cut off gas in the winter."
The National Iranian Gas Company reported a 25% increase in gas consumption by residential, commercial, and small industrial sectors, with 70% of gas delivered on Sunday.
The second meeting of the review and management of the energy imbalance in Iran was held with the presence of the vice presidents of Iran and several ministers involved in economic affairs, hosted by the Ministry of Oil.