Shana

Pezeshkian urges round-the-clock effort to capture flared gas

SHANA (Tehran) — President Masoud Pezeshkian praised progress in capturing flared and associated gas, urging round-the-clock efforts to prevent the waste of national resources.

Winter stability achieved through record gas output, strategic fuel storage

SHANA (Tehran) – Winter 1404 brought unprecedented growth in natural gas consumption and added pressure on the country’s energy network. The Oil Ministry, implementing a comprehensive and coordinated plan across gas supply and liquid fuel delivery, set new records in production and storage while maintaining network stability without disruption.

Oil sector engineers: Architects of development and creators of national wealth

SHANA (Tehran) – Engineer’s Day is an opportunity to honor professionals who turn challenges into opportunities by combining knowledge, experience and creativity. On platforms and in operational areas, engineers make critical decisions and sustain relentless efforts to transform the nation’s oil and gas resources into national wealth, helping shape Iran’s industrial and economic development.

Oil Ministry exceeded fuel storage obligations, deputy speaker says

SHANA (Tehran) – The Oil Ministry exceeded its obligations on fuel storage, a deputy speaker of Parliament said, praising what he described as a responsible approach to ensuring winter energy security.

Oil Ministry eases path for petrochemical investment in upstream gas fields

SHANA (Tehran) — Iran’s petrochemical industry has begun investing directly in upstream gas field development after the Oil Ministry streamlined licensing and contract procedures, industry officials said, calling the shift a turning point in cooperation with the private sector.

South Pars sets daily gas production record

SHANA (Tehran) – Iran’s oil minister said colleagues at the South Pars Gas Field have set a historic daily production record despite ongoing sanctions.

Systematic engineering and indigenous technology drive oil industry transformation

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.

Managing winter energy imbalances with record gas production

SHANA (Tehran) — Iran’s Oil Ministry in the 14th administration has reported unprecedented levels of raw natural gas production as the country grappled with persistent energy imbalances and a consumption basket heavily dependent on natural gas — challenges that have intensified in recent winters.

Iran-Russia meeting in Tehran seen as key step toward Eurasian energy convergence

SHANA (Tehran) — The 19th Iran-Russia Joint Economic Commission in Tehran marks an important step toward greater energy convergence across Eurasia, a senior Iranian lawmaker said, adding that effective management grounded in national interests could transform sanctions into a geo-energy opportunity and reinforce Iran’s position in regional energy markets.

Minister Paknejad:

Iran-Russia ties based on 2025 strategic pact

SHANA (Tehran) – Iran’s oil minister said relations between Iran and Russia are being guided by the 2025 strategic document and have moved from understanding to implementation, particularly in the oil and gas sector.

Iran-Russia economic agreements enter implementation phase, Paknejad says

SHANA (Tehran) — Iran’s oil minister said agreements reached with Russia have entered the implementation phase following the conclusion of the 19th Iran-Russia Joint Economic Commission.

President: Iran-Russia economic cooperation pursued vigorously

SHANA (Tehran) – President Masoud Pezeshkian said Iran is determined to operationalize economic cooperation with Russia “with strength, speed and precision,” adding that implementation is advancing at a satisfactory pace across all agreed sectors.

Iran ready to attract FDI in oil, gas field development

SHANA (Tehran) – Iran is fully prepared to attract foreign investment in the development of its oil and gas fields, a senior Oil Ministry official said Wednesday.

Iran finalizes key terms for gas imports from Russia

SHANA (Tehran) – The CEO of the National Iranian Gas Company said technical, contractual and legal terms for importing gas from Russia have been finalized, adding that the imports will be carried out via a third country.

Paknejad: Daily gas production at South Pars hits record 730 mcm

SHANA (Tehran) – Iran’s oil minister said daily gas production at the South Pars joint field reached a record 730 million cubic meters, the highest level since the field began operations.

Minister:

Shift from agreements to implementation, outcome of 19th Iran-Russia commission

SHANA (Tehran) – Iran’s oil minister announced the signing of the final document of the 19th Iran-Russia Joint Economic Commission between Iran and Russia, emphasizing that the key achievement of the meeting was “a shift from agreements to implementation.”

Iran, Russia sign four cooperation pacts

SHANA (Tehran) – Iran and Russia signed four memorandums of understanding on the sidelines of the 19th Iran-Russia Joint Economic Commission.

MoU inked at 19th Iran-Russia Joint Commission

SHANA (Tehran) – A memorandum of understanding was signed at the 19th Iran-Russia Joint Economic Commission between the Islamic Republic of Iran and the Russian Federation, aimed at deepening bilateral cooperation and expanding ties across multiple sectors.

Russian energy minister emphasizes expanding economic cooperation with Iran

SHANA (Tehran) – Russia’s energy minister said a comprehensive agreement signed by the presidents of Iran and Russia, along with the outcomes of recent expert-level meetings, has paved the way for a new cooperation protocol and a fresh phase in ties between Tehran and Moscow.

Oil minister:

Iran-Russia engagement meaningful at critical juncture

SHANA (Tehran) – Oil Minister Mohsen Paknejad said cooperation between Iran and Russia is particularly significant given current international conditions.

Iranian oil minister meets Russian energy minister

SHANA (Tehran) — Iran’s oil minister met with Russia’s energy minister ahead of the 19th Joint Economic Cooperation Commission between the two countries in Tehran.

Economic alliance against sanctions: A historic opportunity for Iran, Russia

SHANA (Tehran) – The intensification of Western sanctions and shifting global power dynamics have opened a new phase in economic cooperation between the Islamic Republic of Iran and the Russian Federation, presenting a historic opportunity for both countries to expand their economies.

Iran, Russia to finalize six cooperation documents at joint commission

SHANA (Tehran) — Iran and Russia are set to finalize six separate cooperation documents following negotiations by 16 working groups during the first two days of the 19th Iran-Russia Joint Economic Commission, a senior Iranian oil official said Monday.

19th Iran-Russia Joint Commission to cement long-term ties

SHANA (Tehran) – Iran views the 19th meeting of the Iran-Russia Joint Economic Commission as an opportunity to turn understandings into executable projects and tangible results, a senior oil ministry official said Monday.

Iran, Russia aim for $20b in annual trade

SHANA (Tehran) — Iran and Russia are aiming to increase their annual bilateral trade to $20 billion, a senior Iranian oil ministry official said Monday, as the two countries opened a joint economic commission in Tehran.

Tehran and Moscow’s economic convergence;

A strategic partnership in emerging global order

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 expanding long-term cooperation between the two countries.

Petchem industry invests to optimize power plant fuel consumption

SHANA (Tehran) – The CEO of the National Petrochemical Company said optimizing fuel consumption at power plants can improve petrochemical feedstock availability while boosting efficiency and reducing emissions. He added that petrochemical companies investing in such projects will benefit financially while delivering significant national economic gains.

Oil Ministry takes major step in APG recovery with private sector partnership

SHANA (Tehran) – The Oil Ministry’s simultaneous pursuit of large national projects and private sector capacity — backed by innovative contracts — has turned the long-standing ambition of flare and associated petroleum gas (APG) recovery into an achievable target.

19th Iran-Russia Joint Commission a milestone for expanding cooperation

SHANA (Tehran) – Oil Minister Mohsen Paknejad described the upcoming 19th meeting of the Iran-Russia Joint Economic Cooperation Commission as a key opportunity to deepen strategic ties between Tehran and Moscow.