The managing director of Abadan Oil Refining Company announced that efforts are underway to complete the remaining sections of Phase 2 and launch Phase 4 of the Abadan refinery to enhance the quality of refined products.
IRAN Feed Atom
The managing director of South Pars Gas Complex reported a new record in propane and butane production in the first half of the current Iranian year, attributing this success to enhanced efficiency, optimized production processes, and the continuous efforts of the workforce.
The Pars Oil and Gas Company (POGC) has successfully completed and commissioned a well pressure equalization system across South Pars offshore platforms, significantly reducing the time and cost of restarting gas wells after shutdowns, according to a company statement.
The CEO of the National Iranian South Oilfields Company announced that the Aghajari Oil & Gas Production Company (AOGPC) has reached its maximum oil production capacity despite various challenges.
The managing director of the Iranian Gas Engineering and Development Company announced that the Sarajeh gas storage expansion project in Qom will be completed by the end of the Iranian year 1404 (March 2026), emphasizing its strategic role in ensuring stable gas supply during the cold season.
Iran’s polymer production capacity is set to rise to 16 million tons annually by the end of the Seventh Development Plan, marking a 7-million-ton increase fueled by new petrochemical projects and abundant oil and gas resources.
The director of production and operations at Pars Oil and Gas Company announced the successful completion and operation of the well pressure equalization project on South Pars platforms, aimed at improving the restart process of wells after production shutdowns and reducing the time required to resume output.
In line with the Donald Trump administration's maximum pressure policy against the Islamic Republic of Iran, the US Treasury Department announced that it has sanctioned more than 50 individuals, entities, and ships under the pretext of facilitating the sale of Iranian oil and liquefied natural gas.
The head of Iran’s National Standards Organization (INSO) met with Rwanda’s Minister of Trade and Industry to discuss expanding cooperation through the harmonization of standards, conformity assessment, and laboratory accreditation.
The Turkish Statistical Office announced that trade exchanges between Turkey and Iran in the first eight months of the current year reached $3.56 billion.
The National Iranian Oil Company (NIOC) said it will continue legal efforts through international and domestic channels to overturn a UK appeals court ruling that upheld the seizure of a London property belonging to the Oil Industry Pension Fund.
Iran’s oil minister announced a daily production increase of more than 120,000 barrels and said crude exports have reached record levels in recent months despite sanctions. He added that the possible reactivation of the “snapback” mechanism poses no new concern for oil sales.
Iran and Russia’s Astrakhan region are strengthening cooperation in trade, industry, energy and logistics as part of efforts to enhance connectivity along the International North–South Transit Corridor (INSTC), Iran’s Consul General in Astrakhan said.
Iran’s President Masoud Pezeshkian on Monday criticized the misuse of diesel fuel quotas, saying some individuals receive fuel allocations but do not operate their vehicles, instead selling their quotas.
The acting head of Fajr Jam Gas Refining Company announced higher production of gas condensate and liquefied petroleum gas (LPG) during the first half of this year.
The director of exploration at the National Iranian Oil Company (NIOC) has released new details about recently discovered reserves in the Paznan field, announcing the identification of two new reservoir layers — a gas reservoir estimated at 10 trillion cubic feet and an oil reservoir with recoverable reserves of 200 million barrels.
The managing director of the National Iranian South Oilfields Company (NISOC) emphasized the importance of ongoing evaluations of recoverable oil and gas reserves to enable more precise planning and help achieve the goals of Iran’s Seventh Development Plan.
Iran’s oil minister announced the discovery of significant new gas and oil reserves in the Pazan field, located in the southern part of Fars Province, saying the find could help offset the country’s future energy imbalance.
South Pars Gas Complex has set a new record in ethane production, with output reaching more than 2.15 million metric tons in the first half of 1404, according to the company’s managing director.
Senior officials from Iran and Norway discussed enhancing collaboration in renewable energy and electricity grid management during a meeting involving Norway's ambassador to Tehran and the head of Iran's Renewable Energy and Energy Efficiency Organization (SATBA).