Unprecedented gas consumption in capital; new record set - Shana SHANA (Tehran) – The CEO of Tehran Province Gas Company reported a rise in gas consumption in the residential and commercial sectors in the capital compared to last year, announcing that a new gas consumption record was broken in Tehran last night
Systematic engineering and indigenous technology drive oil industry . . . SHANA (Tehran) – The deputy oil minister for engineering, research and technology, presenting a comprehensive report on the one-year performance of the department, emphasized that over the past year the focus has been placed on “systematic engineering” and the “development of indigenous technologies” to revitalize the industry’s research, technical and operational infrastructure
2026 - Shana SHANA (Tehran) – The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on January 4, 2026, to review global market conditions and outlook
A strategic partnership in emerging global order - Shana SHANA (Tehran) – The Iran–Russia Joint Economic Commission, the most important official mechanism for expanding bilateral cooperation, has played a central role over the past two decades in strengthening economic, energy and trade relations between Tehran and Moscow Amid geopolitical shifts and intensified Western sanctions, the commission has increasingly become a strategic platform for
Turkmenistan - Shana SHANA (Tehran) – Iran’s first vice president emphasized the importance of expanding relations with Turkmenistan in energy, transportation, transit, and tourism, citing cultural and civilizational commonalities between the two nations
Strengthening private sector a key policy in Seventh Development Plan SHANA (Tehran) — Executive Vice President described strengthening the private sector as a cornerstone of the country’s Seventh Development Plan, saying that transferring industry and production to private hands will pave the way for national progress
Iran expands refining projects with €840m investment - Shana SHANA (Tehran) – Iran’s National Iranian Oil Refining and Distribution Co (NIORDC) launched six major projects over the past year with investments totaling about €840 million, aimed at boosting refining capacity and strengthening fuel infrastructure Another €2 billion worth of projects are underway and expected to be completed by year’s end
Iraq - Shana SHANA (Tehran) – Iran’s oil minister announced the continuation of quality improvement projects at domestic refineries to enhance gasoline standards, stating that some refineries already produce Euro 4 and Euro 5 gasoline