US President Donald Trump has reiterated his determination to squeeze Iranian oil production to zero. But Iranian Minister of Petroleum Mohsen Paknejad has said the Americans would never see their dream come true.
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National Iranian Gas Company director emphasizes the industry's dedication to maintaining gas network stability despite severe cold weather and high gas consumption, ensuring no cubic meter of gas was lost.
Iran and Iraq signed multiple memoranda of understanding to expand cooperation in the oil and energy sectors, as the two sides explored new avenues for joint development and technical collaboration.
India's state-run gas utility, GAIL, is seeking a 26% stake in a US LNG project and a 15-year gas sourcing contract amid ongoing tariff talks.
ICOFC has announced 11 investment packages worth $9.0 billion to develop gas fields, aiming to increase daily gas production capacity by 100 to 140 million cubic meters.
The operator of the Kish Gas Field development project announced the completion of drilling the ninth well, stating that the upstream section of the project has now achieved the capacity to produce 18 million cubic meters of gas per day.
The 13th refinery handover process from Pars Oil and Gas Company to South Pars Gas Complex has been accelerated following approval from NIOC and NIGC CEOs in the new year.
The director of the West Karoun Power Plant construction project and its ancillary facilities said the plant’s units are injecting more than 200 megawatts of electricity into the national grid.
Iran’s Oil Ministry has significantly ramped up natural gas deliveries to key industrial sectors in the early weeks of the new Iranian year, following a successful winter of uninterrupted supply to households.
The CEO of South Pars Gas Complex (SPGC) has emphasized the importance of a flaring reduction project as a key initiative for the year 1404 (2025-26).
The commercial manager of the South Pars Gas Complex (SPGC) announced the localization of approximately 11,700 goods and equipment, stating that this initiative aims to strengthen domestic production, reduce reliance on imports, and support Iranian manufacturers in line with the year’s slogan.
India is raising the excise duty on gasoline and diesel effective April 8, the government said on Monday, but noted that the increase in the excise duty would not be felt at the pump.
Iran's government is promoting Compressed Natural Gas (CNG) to reduce gasoline dependency and improve air quality, but challenges like weak policies and funding priorities hinder its full potential.
The second phase of the Shourijeh gas storage facility project has surpassed 54% completion, with simultaneous progress in above-ground, underground, and main equipment construction, according to the acting head of Iran Gas Engineering and Development Company.
Iran has brought the eighth well of Platform B in Phase 11 of the South Pars gas field into production, adding approximately 3.0 million cubic meters per day (mcm/d) to the country’s natural gas output, according to the head of Petropars Group.
Iran's gas industry achieved 95% national gas coverage in 2024-2025, despite challenges, through infrastructure expansion, international agreements, and innovative technologies like smart meters and domestic turbines.
Gasoline consumption in Iran reached over 150 million liters on Tuesday, marking a 17% increase compared to the same period last year.
India raised gas prices by nearly 4% in April to $6.75 per million metric British thermal units, up from $6.50 per mmBtu in the previous month.
India is considering removing US import taxes on liquefied natural gas to boost energy imports, a key priority in their strategic partnership.
The CEO of South Pars Gas Complex (SPGC) highlighted the facility’s vital role in Iran’s economic growth, stating that in the past Iranian year (1403, ended March 20), the complex produced over 243 million barrels of gas condensates, more than 606,000 metric tons of granulated sulfur, over 2.5 million metric tons of butane, about 3.7 million metric tons of propane, and more than 1.8 million metric tons of ethane.