Shana

On the eve of GECF meeting in Tehran

Minister of Petroleum Meets GECF Secretary General

SHANA (Tehran) – Given its geopolitical position, Iran can be a suitable gateway and crossroad for energy trade and transit in the region.

Human Resources, the Main Asset of Oil Industry

SHANA (Tehran) - Iranian Minister of Petroleum Mohsen Paknejad says that what keeps the oil industry stable is not oil and gas reserves, but its expert human resources.

CEO of NPC:

Petrochemical Sector Has Left Behind Dependency

SHANA (Tehran) - Iran’s petrochemical industry has left behind 116 years of dependence on catalysts and is nearing the culmination of its progress.

18th Iran Plast Exhibition Kicks Off In Tehran

SHANA (Tehran) - The 18th edition of the Iran Plast International Exhibition kicked off today at the permanent location of Tehran International Exhibitions.

Iran Holds World’s 3rd Largest Oil Reserves

SHANA (Tehran) – Iran ranked as the world’s third-largest holder of proven oil reserves after Venezuela and Saudi Arabia.

OPEC+ Extends Voluntary Cuts

SHANA (Tehran) - OPEC announced on Thursday that the eight members of the OPEC Plus alliance have decided to extend their voluntary supply reduction of 2,200,000 barrels of oil per day until the end of November 2024. Under the decision, they will start their scheduled gradual supply increase plan, which was set to begin in October, from December 1st.

Fuel Consumption Reaches New Highs

SHANA (Tehran) - Increasing inter-city trips in the last month of summer in Iran have sent gasoline and gasoil consumption to new highs.

On the eve of 64th of OPEC anniversary

OPEC Plays an irreplaceable role in the energy transition

SHANA (Tehran) - On the eve of the 64th anniversary of the founding of OPEC, the Secretary General of OPEC Haitham al-Ghais announced that the organization “has an instrumental role to play for decades to come on the path towards an inclusive energy transition for our global energy future.”

Leader Approves Withdrawal from NDF

SHANA (Tehran) - The Supreme Leader of the Islamic Revolution, Ayatollah Seyyed Ali Khamenei has agreed with the president’s request to allocate part of the National Development Fund’s resources to the government’s financial needs.

NIGC’s New CEO Appointed

SHANA (Tehran) - Iranian Minister of Petroleum Mohsen Paknejad has appointed Saeed Tavakoli as the new CEO of the National Iranian Gas Company (NIGC).

Growth Depends on Solving Energy Imbalance

SHANA (Tehran) - Iranian President Masoud Pezeshkian has said that the country’s energy imbalance should be solved otherwise 8 percent economic growth will be out of reach.

NIOC’s International Affairs Head Appointed

SHANA (Tehran) - CEO of the National Iranian Oil Company (NIOC) Hamid Bord has appointed Houtan Salari as the acting manager of the NIOC’s international affairs department.

NIOC’s CEO and Board of Directors Appointed

SHANA (Tehran) - Iranian minister of petroleum Mohsen Paknejad appointed Hamid Bord as the managing director of the National Iranian Oil Company (NIOC) for two years.

Tehran-Ashgabat Deal Turning Iran Into a Gas Hub

SHANA (Tehran) - Iranian President Masoud Pezeshkian called the Tehran and Ashgabat gas agreement a strategic measure that turns Iran into a regional gas hub.

Iran and Turkmenistan Sign Gas Document

SHANA (Tehran) - Iran and Turkmenistan signed a gas cooperation document today in Tehran in the presence of the Iranian President Masoud Pezeshkian and the National Leader of Turkmenistan Gurbanguly Berdimuhamedow.

Petroleum Ministry Working Group Established

SHANA (Tehran) - The petroleum minister Mohsen Paknejad has established a consultative working group to identify the oil industry's main problems and challenges regarding management and human capital development.

Leader Underlines Oil Industry Development

SHANA (Tehran) - The Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei announced upstream sector development as a top priority.

Management Structure Overhaul Necessary, President

SHANA (Tehran) - Iranian President Masoud Pezeshkian emphasized the necessity of changing the executive branch’s management structure.

Raising Oil Production NIOC’s Top Priority

SHANA (Tehran) - The National Iranian Oil Company’s (NIOC) managing director Mohsen Khojastehmehr says that an increase of 400 thousand barrels of oil production per day is the most important mission the petroleum minister has assigned to the NIOC.

NIORDC’s New CEO Appointed

SHANA (Tehran) - Petroleum Minister Mohsen Paknejad appointed Mohammad Sadegh Azimifar as the CEO of the National Iranian Oil Refining and Distribution Company (NIORDC).

Nouri Appointed as Petroleum Minister Advisor

SHANA (Tehran) - The Iranian minister of petroleum Mohsen Paknejad appointed Kasra Nouri, former general manager of the public relations department of the Petroleum Ministry, as his advisor and head of the petroleum minister's office.

Petroleum Minister Visits President

SHANA (Tehran) – Minister of Petroleum Mohsen Paknejad visited President Masoud Pezeshkian to talk about the oil industry development and the challenges ahead.

Paknejad Holds His First Meeting as Petroleum Minister

SHANA (Tehran) - Following winning a vote of confidence from the parliament yesterday, the new Petroleum Minister Mohsen Paknejad held his first meeting today in his office at the Petroleum Ministry.

Paknejad Takes the Helm as Petroleum Minister

SHANA (Tehran) – Mohsen Paknejad won the vote of confidence of the parliament to become the petroleum minister of the 14th administration.

Oil Production Increasing by 0.4 mbd, Paknejad

SHANA (Tehran) - Proposed petroleum minister Mohsen Paknejad has said that Iran’s oil production is planned to increase by 400 thousand barrels a day up to the end of the next Iranian calendar year on 19 March 2026.

Paknejad, a Consensus-Building Manager

SHANA (Tehran) - Former CEO of the Iranian Central Oil Fields Company (ICOFC), Ramin Hatami, has said that considering the present situation of the oil industry, the era of trial and error is over, and an oil industry expert from within the industry at the helm of the Petroleum Ministry is a requirement.

Paknejad Wielding Problem-Solving Approach

SHANA (Tehran) - The former managing director of the National Petrochemical Company (NPC) Behzad Mohammadi has described the proposed petroleum minister as a capable manager with deep knowledge of the oil industry.

Optimizing Consumption, the Only Solution for Gas Imbalance

SHANA (Tehran) – Managing director of the National Iranian Gas Company (NIGC) says that optimizing energy consumption is the only solution to the problem of gas imbalance.

Shiraz Oil Refinery’s Euro Gasoline Plan Ready to Come Online

SHANA (Tehran) - The Shiraz oil refinery's improving gasoline quality plan, which will upgrade the quality of 1.6 million liters of its daily gasoline production to euro-5 standards, is ready to come online.

Parliament Kicks Off the Week of Vote of Confidence

SHANA (Tehran) - On Saturday, at the beginning of a new week in Iran, Parliament has started assessing the president's proposed ministers’ competencies, which is expected to continue for five days.