South Pars Phase 11, the final development phase of the world's largest natural gas field, is expected to reach its first production milestone within two months, according to the project's executive.

Oil minister praised the oil industry's efforts to rebuild refineries damaged during the war and stressed the need for continued project management meetings and regular progress reporting.

The CEO of the National Iranian Gas Company (NIGC), Saeid Tavakoli, announced that projects implemented by Operator companies are expected to save approximately 980 million cubic meters of natural gas annually.

In an interview with the newspaper, The National, on July 8, 2026, when talking about the Strait of Hormuz situation, Dr Fatih Birol, the Executive Director of the International Energy Agency (IEA), said that PersianGulf oil exporters “need to regain their reputation as reliable exporters.”

Iran’s oil industry is prioritizing high-impact social responsibility projects that deliver lasting benefits to local communities, according to Babak Darabi, director of supervision over development projects in oil-producing regions at the National Iranian Oil Company (NIOC).

The National Iranian Oil Refining and Distribution Company (NIORDC) launched a nationwide campaign offering free compressed natural gas (CNG) beginning July 23, with the voluntary participation of more than 1,000 CNG fueling stations across the country.

Public cooperation in reducing fuel consumption and greater use of compressed natural gas (CNG) will be essential to maintaining stable gasoline supplies during the peak travel months of Mordad and Shahrivar (August and September), despite damage to parts of Iran's energy infrastructure during the recent US-Israeli attacks, the head of the National Iranian Oil Products Distribution and Refining Company (NIOPDC) said Saturday.

Iran's government has begun reducing energy consumption within its own executive bodies, President Masoud Pezeshkian said Wednesday, ordering ministries and other state bodies to cut waste and improve energy efficiency.

Ahmad Zera’atkar, deputy oil minister for planning, praised oil industry workers for maintaining uninterrupted crude and gas production during recent difficult conditions, crediting their dedication and around-the-clock effort.

The National Iranian Oil Products Distribution Company (NIOPDC) has allocated about 6 million liters of diesel fuel to support buses and trucks transporting Arbaeen pilgrims and related cargo, a senior company official said.