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Today 15:39
President launches Tous gas field development project to boost supply in northeast
TEHRAN – Iran on Monday launched the development project of the Tous gas field in the country’s northeast by presidential order, aiming to strengthen gas supply stability in the region and feed the Shahid Hashemi-Nejad gas refinery in Sarakhs.
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Today 15:29
Daily flare gas collection reaches 9 mcm: oil minister
TEHRAN – Iran has collected about 9.0 million cubic meters (mcm) per day of associated and flared gas over the past 15 to 16 months, bringing total daily collection to around 16 mcm, Oil Minister Mohsen Paknejad said on Monday.
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2026-02-07 15:38
Iran oil industry posts fresh records in output, exports, capacity building
TEHRAN – Iran’s oil industry has set new records in production, exports and capacity development over the past 18 months, despite continued sanctions and external constraints.
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2026-01-31 15:09
Paknejad plays down concerns over U.S. dealings with Iran’s oil customers
TEHRAN – Iran’s oil minister dismissed concerns that potential U.S. dealings with buyers of Iranian crude could undermine Tehran’s oil sales or revenues, saying the country remains in control of its export strategy.
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2026/01/18
By Mahnaz Abdi
South Pars daily output hits 725 mcm, fueling Iran's path to energy self-sufficiency
TEHRAN – Iran’s colossal South Pars gas field has achieved a landmark daily production rate of 725 million cubic meters (mcm), announced Oil Minister Mohsen Paknejad. This milestone underscores a major operational triumph for Iran’s energy sector amid significant external constraints.
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2026-01-17 15:03
NIOC inks contracts worth over $2.5b with private sector
TEHRAN- National Iranian Oil Company (NIOC) signed contracts worth more than $2.5 billion with the private sector companies on Thursday, January 15.
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2026-01-06 13:36
South Pars daily gas extraction reaches 725 mcm
TEHRAN- The oil minister, while appreciating the tireless efforts of operational personnel in the South Pars region, said a new record has been set in the South Pars gas field, and the amount of gas extracted from this field has reached about 725 million cubic meters (mcm) per day.
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2025-06-19 15:27
Oil Minister assures public of stable fuel supply despite potential local restrictions
TEHRAN – Iran’s oil minister sought to reassure the public on Wednesday, saying there is no concern over fuel availability and that supply remains stable across the country.
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2025-03-29 16:22
Building small refineries with public investments on agenda: oil minister
TEHRAN- Oil minister emphasized prioritizing refining projects based on the available financial resources, and stated that attracting public investments for implementing small-scale refining projects is on the agenda.
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2025-01-04 14:30
‘Creating a secure, transparent environment for investors a priority of Oil Ministry’
TEHRAN- The Iranian oil minister announced that creating a secure and transparent environment for investors is a priority of the Oil Ministry.
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2024-08-23 14:18
Iran’s new oil minister outlines short-term plans
TEHRAN – Iran’s new Oil Minister Mohsen Paknejad has outlined the ministry’s short-term plans, stressing resolving the energy imbalance in the country as a priority, Shana reported.