Iran’s North Pars gas field development entered a new phase during the first two years of the 14th administration, from August 2024 to August 2026, as engineering studies concluded, contract packages were finalized and work began on the first offshore structure.
7 September 2026 - 16:06
Number of visit: ۵
The CEO of the National Iranian Oil Refining and Distribution Company has stated that the government’s fuel pricing policies are gradual and flexible. He confirmed that the first and second gasoline quotas together meet the needs of 85% of the population, and their rates will remain unchanged.
7 September 2026 - 16:05
Number of visit: ۴
The National Iranian Oil Company is developing a comprehensive plan to boost production at the National Iranian South Oilfields Company, with a focus on field development and accelerating projects aimed at increasing output, the NIOC chief said.
5 September 2026 - 16:26
Number of visit: ۱۵
The National Iranian Oil Terminals Company has secured €500 million in funding for priority projects aimed at restoring out-of-service capacity, strengthening infrastructure and enhancing the operational capabilities of the country’s oil terminals, its CEO said.
5 September 2026 - 16:25
Number of visit: ۱۵
Mohammad-Sadeq Azimifar, CEO of the National Iranian Oil Products Refining and Distribution Company, said the country’s diesel reserves for power plants have risen to 3.2 billion liters, providing an important buffer for fuel supplies during the colder months and helping offset reduced access to natural gas during peak demand.
2 September 2026 - 14:48
Number of visit: ۳۳
Gas that for years was burned off at oil fields is increasingly being turned into an investment opportunity in Iran’s oil industry. The National Iranian Oil Co. has signed 23 contracts with private and non-governmental investors to collect associated and flare gas, paving the way for the shutdown of 57 flares in Khuzestan province.
2 September 2026 - 14:46
Number of visit: ۳۳
Iran’s underground natural gas storage capacity increased to 3.16 billion cubic meters under the 14th administration, strengthening the country’s ability to stabilize the gas network and manage demand during peak consumption periods.
1 September 2026 - 15:56
Number of visit: ۲۲
As President Masoud Pezeshkian’s 14th administration marks its second year, Iran’s oil and gas industry has faced war twice — first during the 12-day war and later in the third imposed war.
1 September 2026 - 15:54
Number of visit: ۲۵
The managing director of the National Iranian Gas Company said 7,924 gas facilities were damaged during the third imposed war, temporarily taking 230 million cubic meters per day of the country’s gas production capacity offline — about one-third of total capacity at the time.
1 September 2026 - 15:52
Number of visit: ۲۳
The newly discovered Takht-e gas field in southern province of Fars has an estimated economic value of about $45 billion, an Oil Ministry official said, calling it one of the country’s most significant gas discoveries in the past two decades.
25 August 2026 - 15:07
Number of visit: ۵۲