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Multilateral diplomacy through BRICS
SHANA (Tehran) – Oil Minister Mohsen Paknejad's visit to India was about far more than attending the 11th BRICS Energy Ministers' Meeting. His agenda—ranging from bilateral talks with Indian officials and participation in the inauguration of the BRICS Centre of Excellence for Digital Technologies to presenting Iran's proposals on energy security and discussing investment in Iran's oil industry—underscored Tehran and New Delhi's efforts to chart a new roadmap for cooperation built on shared interests and centuries of historical ties.
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Paknejad: Iran, India discussed investment in oil projects during BRICS visit
SHANA (Tehran) — Iranian Oil Minister Mohsen Paknejad said meetings with Indian officials focused on expanding investment and participation in Iran's oil industry projects, while also addressing the impact of recent conflict on global energy markets and the role of BRICS in safeguarding energy security.
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BRICS Digital Center opens as Iran backs deeper energy cooperation
SHANA (Tehran) — Iran’s Oil Minister Mohsen Paknejad on Thursday welcomed the launch of the BRICS Digital Center of Excellence (DCoE) for Smart Grid and Energy Storage, describing it as a practical platform to strengthen technical cooperation, innovation and knowledge-sharing among member states.
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Iran, India discuss broadening energy ties
SHANA (Tehran) — Iran’s Oil Minister Mohsen Paknejad and India’s Minister of Petroleum and Natural Gas, Hardeep Singh Puri, discussed ways to expand bilateral cooperation in the oil and gas sector during a meeting on the sidelines of the 11th BRICS Energy Ministers’ Meeting on Thursday.
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Paknejad attends launch of BRICS Digital Energy Center in India
SHANA (Tehran) — Oil Minister Mohsen Paknejad attended the official inauguration ceremony of the BRICS Digital Center of Excellence (DCoE) for Smart Grid and Energy Storage on Thursday, as part of his visit to India for the 11th Meeting of BRICS Energy Ministers.
تیتر دو
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Reshadat platform hailed as symbol of Iran's oil self-reliance
SHANA (Tehran) – A senior member of Iran's parliamentary Energy Committee has described the installation of the P4 processing platform at the Reshadat oil field as a symbol of the country's self-reliance in the oil industry, saying the project carries strategic significance for Iran's energy economy beyond its technical achievements.
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Rail expansion key to cutting fuel use, president says
SHANA (Tehran) – President Masoud Pezeshkian said expanding Iran’s rail network and easing traffic congestion are among the most effective ways to reduce gasoline and diesel consumption.
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New pipeline strengthens Iran’s crude oil network
SHANA (Tehran) – The newly commissioned Sabzab–Tang-e Fanni–Shazand sour crude oil pipeline marks a significant step in strengthening Iran's crude oil transportation infrastructure, providing a more reliable supply of feedstock to the Shazand refinery while showcasing the country's domestic engineering capabilities.
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Energy saving takes center stage
SHANA (Tehran) – The Oil Ministry has made energy consumption management a top priority, with coordinated efforts underway alongside the Ministry of Energy to improve efficiency nationwide, the head of the Parliament's Energy Committee said.
Analysis
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Iran’s oil industry in the post-agreement era
SHANA (Tehran) – With the signing of the agreement between Iran and the United States, and under the guidance and strategic vision outlined by the Leader of the Islamic Revolution, Iran is entering a new era of work, development and progress while remaining vigilant against the designs of its adversaries. The reality is that Iran’s oil industry learned and practiced self-reliance through the teachings of the late founder of the Islamic Republic, relying on domestic expertise, innovation and the capabilities of Iranian professionals. Today, the Leader of the Revolution has once again emphasized that same belief and approach.
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OPEC: Obituary or reincarnation?
SHANA (Tehran) – OPEC started back in 1960. Legend has it that five oil ministers showed up in Baghdad because they were fed up. Saudi Arabia, Iran, Iraq, Kuwait and Venezuela were all watching foreign oil companies set prices that barely covered their costs. The story goes that the oil they were selling was worth less than the tea on the table during the meeting.
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Boosting Well Productivity by Innovative Strategies
SHANA (Tehran) - Iran sits atop the world’s largest hydrocarbon reserves, with its massive South Pars gas field alone holding an estimated 280 tcf of recoverable natural gas. Yet despite this abundance, maximizing well productivity remains a critical challenge for Iran’s oil and gas industry.
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Iran Oil Sector: A Paradox of Potential and Opportunity
SHANA (Tehran) - Iran, strategically located in the Middle East and Central Asia, holds a huge amount of oil and gas. We are talking about some of the world’s largest proven crude oil and natural gas reserves. This means the country’s energy sector is incredibly important on the global scene, with immense potential for investment and for really capitalizing on Iran’s substantial wealth.
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War on Iran Ignites Long-Term Global Oil Instability
SHANA (Tehran) – The recent air strikes by the Zionist regime on Iran’s industrial centers, oil and gas facilities, and civilians have sent shockwaves through the global oil markets. The attacks led to a significant but short-lived increase in prices.
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War of Aggression on Iran and Global Energy Security
SHANA (Tehran) – Ever since the Zionist regime launched its invasion of Iran, energy has become a pivotal issue in international fora. Two key issues, energy price and energy security, were focused upon by the media, political elite, and economists due to Iran’s prominent role in energy production and exports and its strategic position in the Strait of Hormuz.
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$3.5bn Invested in Tehran Refinery Upgrading
SHANA (Tehran) - Tehran’s oil refinery is among the oldest and leading oil refining facilities in Iran. It is instrumental in producing vital fuels like gasoline, gasoil and jet fuel. With a refining capacity of 250,000 b/d of crude oil and enjoying a strategic location near Tehran, the facility has a major share in national energy supply. Upgrading the quality of petroleum products has been a priority of the Ministry of Petroleum under the 14th administration. That would require upgrading the refinery.
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Iran Oil Industry Unfazed by War
SHANA (Tehran) – Nearly four decades after the end of the imposed war on Iran, the Zionist regime, which has occupied Palestine, launched military strikes on Tehran and some other cities as well as Iran’s oil facilities in a flagrant violation of international law and national sovereignty of the Islamic Republic of Iran.